Capricorn District Municipality (DC35) is situated in the centre of the Limpopo Province, sharing its borders with four district municipalities namely; Mopani (east), Sekhukhune (south), Vhembe (north) and Waterberg (west). The district is situated at the core of economic development in the Limpopo Province and includes the capital of the province, that is, the City of Polokwane.
Capricorn represents the third largest economy after Waterberg and Mopani respectively in Limpopo. It accounts for 23.9% (R24 billion) of the total provincial economy at current prices.
Growth over the last decade can be attributed to the positive growth in all sectors of the economy with the exception of the Mining sector which registered a negative 6.7% reduction in its contribution to the total economy at constant
2000 prices. Growth in the transport (+9.7%) and trade (+5.3%) sectors are well above the district growth average of 4.5% whereas the finance, agriculture and the community services sectors have also grown substantially at 4%, 3.9% and 3.5% at constant 2000 prices.
Source: Capricorn LED Strategy 2010