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SECTION 71 REPORT OF THE MFA JULY 2019JOZINI MUNICIPALITY SECTION 71 MFA REPORT 31 JULY 2019201920Circle Street, Bottom Town, Join 3969 Tel: 035 572 1292 Fax: 035 572 1266 Email: municipalmanager@jozini.gov.za Website:www.jozini.gov.zaSECTION
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Identify the goals and objectives of the local economic development strategy.
02
Gather data and information on the local economy, including strengths, weaknesses, opportunities, and threats.
03
Engage with stakeholders, including businesses, community organizations, and government agencies, to gather input and feedback.
04
Develop specific action plans and initiatives to address the identified goals and objectives.
05
Monitor and evaluate the progress of the local economic development strategy regularly, and make adjustments as needed.

Who needs local economic development strategy?

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Local governments looking to support economic growth and job creation in their communities.
02
Businesses seeking to expand or relocate to a new area.
03
Community organizations working to improve the quality of life for residents.
04
Government agencies focused on economic development and planning.
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A local economic development strategy is a plan that outlines how a community or municipality will promote and facilitate economic development within its jurisdiction, focusing on initiatives that enhance the local economy and create jobs.
Typically, local government entities, municipalities, or economic development agencies are required to file a local economic development strategy.
To fill out a local economic development strategy, simply gather relevant economic data, outline goals and objectives, and provide an action plan detailing steps for implementation along with necessary documentation as per the guidelines provided by the authority.
The purpose of a local economic development strategy is to identify the community's economic needs, promote sustainable growth, attract investments, and improve the overall quality of life for residents.
Information to be reported typically includes economic analysis, goals and objectives, proposed projects, funding sources, and expected outcomes related to economic growth.
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