Abstract
This study aims to assess Local Economic Development (LED) for sustainable development and poverty alleviation in Buffalo City Metropolitan Municipality. The main objective of the study was to investigate the catalytic role of LED strategies in Buffalo City Metropolitan Municipality and their potential to promote sustainable development and alleviate poverty. The research questions seeks to discover what LED strategies are employed by Buffalo City Metropolitan Municipality to promote sustainable development and alleviate poverty, as well as what challenges does Buffalo City Metropolitan Municipality face in implementing LED strategies for sustainable development and poverty alleviation. The data was collected using self-administered questionnaire which were distributed to the employees in the LED department of the municipality, community members and businesses around the municipality.
Highlights
The study assesses the role of Local Economic Development (LED) in ensuring sustainable development and alleviating poverty in Buffalo City Metropolitan Municipality
The population sample comprised of the LED Manager, employees in the LED department, community members some of which were represented by Small Micro to Medium Enterprises (SMMEs) that contribute to the promotion of LED in Buffalo City metropolitan Municipality
The sample for the study was composed of the LED Manager, employees in the LED department, community members some of which were represented by Small Micro to Medium Enterprises (SMMEs) that contribute to the promotion of LED in Buffalo City Municipality
Summary
The study assesses the role of Local Economic Development (LED) in ensuring sustainable development and alleviating poverty in Buffalo City Metropolitan Municipality. To address the identified challenges and work towards realization of the vision, BCMM has aligned Local Economic Development (LED) strategies as one of the tools for promoting and driving sustainable development within its areas of jurisdiction (http://www.buffalocity.gov.za/municipality/idp11/sectiona.pdf). A lot of work has been done in relation to the implementation of the LED and other related policies, most communities in this area are still poor and or are still living below the poverty datum line It is against this background that this study seeks to evaluate the catalytic role of the LED strategies in Buffalo City Metropolitan Municipality and their potential to alleviate poverty, create jobs and promote sustainable development
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