Abstract:
This article presents the results of a business survey conducted in the Great Karoo town of Graaff-Reinet. The survey solicited the views of business owners on a range of economic issues. The findings also draw on a number of in-depth Midlands-Karoo studies, carried out in the early 1970s, in order to add nuance to the prevailing understanding of the factors that influence local economic development (LED) in small towns. It is argued that LED is a multi-facetted phenomenon. It requires a holistic approach that recognises its inherent complexity, involving factors such as local leadership, diversification, the local skills base, in-migration, corporate investment, and entrepreneurship.
