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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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A REGIONAL OVERVIEW OF THE<br />

NORTH WEST<br />

North West is on the Botswana border<br />

and fringed by the Kalahari desert in the<br />

west, Gauteng province to the east and<br />

the Free State to the south. It is known as<br />

the Platinum Province for the wealth of the metal it<br />

has underground.<br />

The capital is Mahikeng (previously Mafeking), a<br />

town that achieved a degree of fame for the famous<br />

siege during the Anglo-Boer War.<br />

<strong>South</strong> Africa's nuclear-research centre is located<br />

at Pelindaba near Hartbeespoort Dam,<br />

and is run by the <strong>South</strong> <strong>African</strong> Nuclear Energy<br />

Corporation. The Nuclear Engineering Department<br />

at North-West University is the only one of its kind<br />

in the country and the National Department of<br />

Science and Technology granted a chair in Nuclear<br />

Engineering to NWU. Researchers are working<br />

with Korean, US and Italian scientists on subjects<br />

such as gas centrifuge uranium-enrichment<br />

cascade models.<br />

Bioethanol, biodiesel and methane gas from<br />

waste and renewable resources are among the types<br />

of biofuels being investigated.<br />

As a major grain-producing area, North West<br />

Province is well suited to supplying feed stock for<br />

biofuel projects, but a new set of national government<br />

guidelines has seen the emphasis in this<br />

nascent industry shift towards finding fuel stock<br />

from crops that are less likely to affect food security.<br />

Key sectors<br />

The Western Limb of the Bushveld Igneous Complex<br />

is a geological phenomenon astonishingly rich in<br />

minerals. The North West lies directly over most of<br />

this formation.<br />

Gold and uranium are found along the border<br />

of the province with the Gauteng and Free State<br />

(Klerksdorp and Orkney). Diamonds are mined at<br />

Christiana, Bloemhof and Lichtenburg. Lichtenburg<br />

is also the centre of the cement industry. Chromite<br />

is the other major mineral mined throughout the<br />

province, and there are several ferrochrome smelters<br />

and other processing plants.<br />

Other minerals found in the North West include<br />

fluorspar, vanadium, rhodium, uranium, copper,<br />

limestone, slate, phosphate, manganese, coal<br />

and nickel.<br />

The province produces 64% of <strong>South</strong> Africa's<br />

platinum, 46% of its dimension stone and granite,<br />

32% of its chromite and 25% of its gold.<br />

Mining contributes 23.3% to the North West<br />

economy.<br />

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

142

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