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South African Business 2017 edition

South African Business is a unique guide to business and investment in South Africa. In addition to an up-to-date economic overview of the country, analyses of the main industrial sectors, plus profiles of the nine provincial economies, the 2017 edition of South African Business includes special features on key topical issues such as skills development and education, renewable energy and the REIPPPP programme, and trade with Africa.

South African Business is a unique guide to business and investment in South Africa. In addition to an up-to-date economic overview of the country, analyses of the main industrial sectors, plus profiles of the nine provincial economies, the 2017 edition of South African Business includes special features on key topical issues such as skills development and education, renewable energy and the REIPPPP programme, and trade with Africa.

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REGION<br />

to rural communities who previously had to walk<br />

to rivers to fetch water. These communities in the<br />

Waterberg, Capricorn and Sekhukhune districts are<br />

beneficiaries of a vast project that will also deliver<br />

water to towns and mining operations in the area.<br />

More than a million people will get water from the<br />

dam, which cost approximately R3.4-billion to build.<br />

Economic zones<br />

In 2016 the national cabinet approved the Musina-<br />

Makhado Special Economic Zone (SEZ) located in<br />

the far north of Limpopo in the Vhembe region. The<br />

location of the Musina SEZ, with links to Zimbabwe,<br />

Botswana and Mozambique, promotes the Trans-<br />

Limpopo Spatial Development Initiative. Logistics<br />

will be one of the key focus areas of the SEZ. Other<br />

sectors will include agri-processing, energy and mineral<br />

beneficiation. De Beers' giant Venetia diamond<br />

mine is nearby.<br />

The national Department of Trade and Industry<br />

(dti) is the lead agent in SEZ creation, which in turn<br />

feeds into the national Industrial Policy Action Plan<br />

(IPAP). SEZs are designed to attract investment,<br />

create jobs and boost exports. The dti says that a<br />

consortium of Chinese investors, Sino, has agreed<br />

to put R40-billion into the Musina SEZ where they<br />

will operate the mineral beneficiation operations.<br />

A second application for an SEZ at Tubatse is<br />

pending. Tubatse is in the Sekhukhune District<br />

Municipality and hosts a number of mining operations.<br />

The SEZ in Tubatse will focus on the beneficiation<br />

of platinum group metals and miningrelated<br />

manufacturing.<br />

Tourism<br />

Limpopo has two transfrontier conservation parks,<br />

two World Heritage Sites, three biospheres, three<br />

national parks, 53 provincial nature reserves and<br />

more than 6 000 privately owned game farms. The<br />

Limpopo Environmental Management Act was<br />

drawn up to address specific provincial issues.<br />

The <strong>South</strong> <strong>African</strong> Golf Tourism Association says<br />

that up to 10% of visitors to the country are attracted<br />

by its golf courses, and Limpopo's offering has been<br />

extended and improved in recent years. At the highend<br />

of the luxury offering are the Zebula Golf Estate<br />

and Spa (west of Bela Bela) and the Legend Golf and<br />

Safari Resort.<br />

The growth of the Marula Festival, held annually<br />

in February in Phalaborwa, caters more to the<br />

local market. At least 13 000 litres of marula beer<br />

were brewed by the 13 co-operatives that participated<br />

and more than 14 000 people turned up for<br />

the outdoor music concerts that were a feature of<br />

the festivities.<br />

Limpopo Province has very varied tourism assets<br />

that include the bare bushveld of the north,<br />

misty mountains in the central highlands, hot<br />

springs, a unique cycad forest, great golf courses<br />

and the northern part of the Kruger National Park.<br />

The provincial government is committed to<br />

enhancing the value of Limpopo's two World<br />

Heritage Sites, Mapungubwe Heritage Site and<br />

Makapans Valley.<br />

Adventurous visitors can choose from off-road<br />

biking, hunting, elephant rides and tough 4x4 trails.<br />

A vast array of different cultures extend from the<br />

Rain Queen and her people in the central districts,<br />

to the myth-inspired art of the Venda in the north, to<br />

the bright geometric house designs of the Ndebele<br />

people in the Sekhukhune district.<br />

Although most of the province’s resorts and<br />

lodges are in private hands, the province has three<br />

national parks, and the provincial government runs<br />

54 nature reserves of different types. The combined<br />

land area of Limpopo's national, provincial and private<br />

game and nature reserves is 3.6 million hectares.<br />

The tourism sector in the province employs<br />

about 22 414 people.<br />

Capital Polokwane<br />

Population 5 726 800 (2015)<br />

Area 125 754km 2<br />

Premier Stanley Mathabatha (ANC)<br />

Languages Sesotho, Tshivenda, Xitsonga<br />

SOUTH AFRICAN BUSINESS <strong>2017</strong><br />

132

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