| Popis: |
Growth in economic activity and income of residents from mining flows to businesses and encourages their growth. Therefore, mining enhances the small and medium enterprise (SME) sector by generating income opportunities for the industry. Emalahleni business is still resource-dependent but has not felt the bust due to their diversification of the economy. The mineral sector should not be regarded as the backbone of the economy; instead, it should be viewed as a bonus with which to accelerate economic growth and healthy structural change. If communities use the opportunities created by the mining sector, they can invest the money in education and job training to diversify their economic prospects. However, this requires good relationships between the mining sector, the business sector, the local authority, and the community. Although the business sector was slightly more positive about the economy of Emalahleni due to planning moderate and large-scale business expansion, challenges exist with municipal services and government support. Mine closure, as well as the retrenchments of Highveld Steel, was a concern. |
