08.06.2017 Views

North West Business 2017 edition

The 2017 edition of North West Business is the seventh issue of this highly successful publication that, since its launch in 2009, has established itself as the premier business and investment guide to the North West Province. North West Business includes news and analysis of the most important economic sectors, and interviews with some of the province’s active business leaders and investors.

The 2017 edition of North West Business is the seventh issue of this highly successful publication that, since its launch in 2009, has established itself as the premier business and investment guide to the North West Province.
North West Business includes news and analysis of the most important economic sectors, and interviews with some of the province’s active business leaders and investors.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Colour Breakdowns<br />

NORTH WEST<br />

BUSINESS<br />

<strong>2017</strong> EDITION<br />

THE GUIDE TO BUSINESS<br />

AND INVESTMENT IN<br />

NORTH WEST PROVINCE<br />

JOIN JOIN US ONLINE US ONLINE<br />

WWW.NORTHWESTBUSINESS.CO.ZA


Colour Breakdowns<br />

Your business partner -<br />

The <strong>North</strong> <strong>West</strong><br />

Development<br />

Corporation<br />

C8 M10079Y 28K R169 G17 B44<br />

Pantone 187C<br />

Let the NWDC assist your business to be first!<br />

The vision of the <strong>North</strong> <strong>West</strong> Development<br />

Corporation is to be the cornerstone of<br />

sustainable economic development and job<br />

creation in the Bokone Bophirima (<strong>North</strong> <strong>West</strong>)<br />

Province. The Province is an ideal investment<br />

destination due to its array of valuable resources<br />

and business opportunities.<br />

During 2013 an enlarged and improved <strong>North</strong><br />

<strong>West</strong> Development Corporation came into being<br />

with the incorporation of trade and investment<br />

promotion agency, Invest <strong>North</strong> <strong>West</strong>, as well as<br />

the Mahikeing Industrial Development Zone into<br />

its ranks. All the services offered by the former<br />

bodies such as Invest <strong>North</strong> <strong>West</strong> have been<br />

retained and amplified in the NWDC.


The NWDC has 10 branches across the <strong>North</strong><br />

<strong>West</strong> Province and its surrounding areas such as<br />

Babelegi and Ga-Rankuwa in Gauteng and the<br />

<strong>North</strong>ern Cape, offering an extensive range of<br />

services. These services include:<br />

• Property rentals (Industrial, retail and<br />

residential)<br />

• Exporter support<br />

• Investor assistance<br />

• Industry development<br />

• Small business development<br />

• Loan/finance facilitation and;<br />

• CIPC (company) registrations<br />

The NWDC also owns the Dirapeng tourism<br />

subsidiary which holds the resorts of Bakgatla and<br />

Manyane in the Pilanesberg Game Reserve, the<br />

Christiana All Seasons Resort and the Madikwe<br />

River Lodge.<br />

Within its basket of services offered, the NWDC<br />

is committed to assisting producers and<br />

manufacturers of exportable products to grow<br />

as exporters to become export-ready. In doing<br />

so, the NWDC assists these exporters to identify<br />

and secure export markets, and also facilitates<br />

international exposure through various platforms<br />

such as trade shows and international expos.<br />

In addition, the NWDC manages a number of<br />

special projects aimed at growing the local<br />

economies of the province’s villages, townships<br />

and small dorpies. Operational projects<br />

include an Alternative Building Material Factory,<br />

bakeries and a laundry.<br />

The NWDC is committed to showcasing the firstmover<br />

advantage of investing in the Bokone<br />

Bophirima Province.<br />

Contact us to explore the myriad opportunities available by:<br />

• Visiting our website www.nwdc.co.za<br />

• Following us on social media; we have presence on Facebook, Twitter and LinkedIn or<br />

• Contacting our Head Office in Mahikeng on 018 381 3663/7<br />

NWDC - We assist you to be first!


CONTENTS<br />

CONTENTS<br />

<strong>North</strong> <strong>West</strong> <strong>Business</strong> <strong>2017</strong> Edition.<br />

Introduction<br />

Foreword5<br />

<strong>North</strong> <strong>West</strong> <strong>Business</strong> is a unique guide to<br />

business, investment and tourism in the province.<br />

Special features<br />

Message from the Premier6<br />

The Premier outlines the vision and strategy<br />

for inclusive growth.<br />

Regional overview of <strong>North</strong> <strong>West</strong> Province 8<br />

The assets of the <strong>North</strong> <strong>West</strong> Province are<br />

many and varied.<br />

Villages and small dorpies are in focus 12<br />

Plans are in place to boost economic growth<br />

in the <strong>North</strong> <strong>West</strong>’s smaller towns.<br />

Tourism a destination overview 16<br />

Tourism is a key pillar of the <strong>North</strong><br />

<strong>West</strong> economy.<br />

South African economy at a glance 22<br />

Insight into the performance of the<br />

South African economy.<br />

Economic sectors<br />

Mining28<br />

The platinum province is also rich in many<br />

other minerals.<br />

Agriculture32<br />

Grain and beef farming is done on a large<br />

scale in the <strong>North</strong> <strong>West</strong>.<br />

Energy34<br />

Generation and manufacturing hold<br />

great potential.<br />

Water35<br />

The City of Tlokwe is a water award-winner.<br />

Manufacturing36<br />

The <strong>North</strong> <strong>West</strong>’s strong resource base could<br />

underpin a much bigger manufacturing sector.<br />

Education and training 37<br />

The <strong>North</strong> <strong>West</strong> education sector covers<br />

high-level research to training for<br />

technicians and artisans.<br />

Banking and financial services 38<br />

Financing for agricultural products is a big<br />

sector in the <strong>North</strong> <strong>West</strong>.<br />

Development finance and SMME support 42<br />

Public and private sector funding is available<br />

for entrepreneurs.<br />

Government<br />

<strong>North</strong> <strong>West</strong> Provincial Government 46<br />

A guide to the province’s government<br />

departments.<br />

<strong>North</strong> <strong>West</strong> Local Government 47<br />

A guide to the district and local<br />

municipalities.<br />

Reference<br />

Index48<br />

Maps<br />

<strong>North</strong> <strong>West</strong> regional map 11<br />

<strong>North</strong> <strong>West</strong> municipal map 11<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

4


UIF SAVING JOBS<br />

THROUGH SOCIALLY<br />

RESPONSIBLE INVESTMENTS<br />

The National Development Plan is a blueprint serving as<br />

a guideline to government departments and state entities<br />

on how they can play a role in government wide efforts<br />

of creating decent work, reducing unemployment and<br />

poverty. The Unemployment Insurance Fund is among<br />

the leading state entities in the implementation of the<br />

provisions of the NDP to address the slow economic<br />

growth, unemployment and poverty in South Africa.<br />

The UIF social investment mandate ensures that,<br />

additional to earning good financial returns, investments<br />

must be supportive of long term economic, social and<br />

adhere to sustainable environmental outcomes. The<br />

investments must also yield a good social return for the<br />

country. These investments have sustained 6 860 jobs of<br />

which 3 024 are permanent, 3 836 are temporary/seasonal<br />

and 195 are new jobs created during the financial year<br />

ending in March 2016.<br />

UIF INVESTMENTS IN RENEWABLE ENERGY<br />

The UIF investments are contributing to the energy<br />

requirements of South Africa and the investments in the<br />

renewable energy sector provides a total capacity of 192<br />

megawatt of electricity of which 117 megawatt is solar<br />

energy and 27 megawatt is wind generated electricity.<br />

The De Aar project is a shining example of the UIF energy<br />

investments and this project produces 90 megawatt of<br />

electricity and was completed in April 2016. The solar plant<br />

in the area generates enough electricity to power 15 000<br />

houses. Another mainstay project is the Phakwe Group ran<br />

projects undertaken in the <strong>North</strong>ern and Eastern Cape.<br />

INVESTMENT IN FOOD SECURITY<br />

The UIF investments in this regard are undertaken under<br />

the banner of the UIF Agri-Fund in partnership with<br />

Futuregrowth and Day Breaker Poultry Project. The UIF<br />

Agri-Fund has invested in 4 farms situated in Mable Hall<br />

in Limpopo. One of the farms is a cash crop farm spanning<br />

450 hectares. The farm in the last financial year produced<br />

235 hectares of white maize, and cotton was planted in an<br />

area covering 28 hectares.<br />

A further three farms are located in the Saron area in the<br />

<strong>West</strong>ern Cape. In this project a total of 178 hectares has<br />

been used to plant grapes, 37 hectares has been used to<br />

pant citrus fruit. Furthermore, there is potential to plant an<br />

additional 92 hectares of grapes. The Daybreaker Poultry<br />

project operates in Gauteng, Limpopo and Mpumalanga<br />

and the combined projects have facilities to grow 1.6<br />

million broiler chickens.<br />

INVESTMENTS IN HEALTH CARE FACILITIES<br />

The UIF concluded two investments in this regard that<br />

include a BEE hospital manager, Busamed to build a<br />

private hospital in Modderfontein and Fund Manager<br />

Razorite Heatlhcare that focus on the provision of<br />

affordable heathcare facilities that include rehabilitation<br />

and sub-acute centres.<br />

The Modderfontein hospital is a 220 hospital bed with subacute<br />

facilities. This hospital is under construction. While<br />

the RH Fund Manager has concluded seven investments<br />

that include:<br />

• Busamed with four hospital facilities<br />

• HealthMed with two facilities<br />

INVESTMENTS IN EDUCATION<br />

UIF has invested in three investments that play a role<br />

to unlock access to education. The investments were<br />

concluded with Eduloan – an organisation that provides<br />

financial support to tertiary students and South Point and<br />

Educor organisations that provide student accommodation.<br />

By March 2016, Eduloan had disbursed about R446 986.64<br />

benefiting 34 047 students, whiles South Point provided<br />

about 10 000 student with accommodation.<br />

UIF INVESTMENTS IN ENTERPRISE DEVELOPMENT<br />

The UIF has concluded two investments with the aim of<br />

supporting small and medium enterprises. In this regard<br />

the PIC on behalf of UIF has concluded investment deals<br />

with Musa Capital and TOSACO.<br />

The investments will support more than 250 SMMEs across<br />

various sectors inclusive of agriculture and affordable<br />

housing. Musa Capital for example has a supply chain of<br />

over 250 SMME’s that have facilitated the creation of 2 500<br />

jobs.<br />

TOSACO investments is planning to advance capital to<br />

young black entrepreneurs who aspire to own and manage<br />

Total Filling stations around the country.<br />

For more information:<br />

Call: 0800 843 843 or<br />

visit: www.labour.gov.za


FOREWORD<br />

<strong>North</strong> <strong>West</strong><br />

<strong>Business</strong><br />

A unique guide to business and investment in the<br />

<strong>North</strong> <strong>West</strong>.<br />

The <strong>2017</strong> <strong>edition</strong> of <strong>North</strong> <strong>West</strong> <strong>Business</strong> is the seventh issue<br />

of this highly successful publication that, since its launch<br />

in 2009, has established itself as the premier business and<br />

investment guide to the <strong>North</strong> <strong>West</strong> Province.<br />

<strong>North</strong> <strong>West</strong> <strong>Business</strong> includes news and analysis of the most<br />

important economic sectors and interviews with some of the<br />

province’s active business leaders and investors.<br />

To complement the extensive local, national and international<br />

distribution of the print <strong>edition</strong> of the journal, the full content<br />

can also be viewed online at www.northwestbusiness.co.za.<br />

Updated information on the <strong>North</strong> <strong>West</strong> is also available through<br />

our monthly e-newsletter, which you can subscribe to online at<br />

www.gan.co.za, in addition to our complementary business-tobusiness<br />

titles that cover all nine provinces as well as our flagship<br />

South African <strong>Business</strong> title.<br />

Chris Whales<br />

Publisher, Global Africa Network Media<br />

Email: chris@gan.co.za<br />

CREDITS<br />

Publisher: Chris Whales<br />

Publishing director:<br />

Robert Arendse<br />

Editor: John Young<br />

Online editor: Christoff Scholtz<br />

Art director: Brent Meder<br />

Design: Colin Carter<br />

Production: Lizel Olivier<br />

Ad sales: Sam Oliver,<br />

Gabriel Venter, Jeremy Petersen,<br />

Nigel Williams, Gavin van der<br />

Merwe, Shiko Diala and<br />

Sydwell Adonis<br />

Managing director: Clive During<br />

Administration & accounts:<br />

Charlene Steynberg and<br />

Natalie Koopman<br />

Distribution and circulation<br />

manager: Edward MacDonald<br />

Printing: FA Print<br />

DISTRIBUTION<br />

<strong>North</strong> <strong>West</strong> <strong>Business</strong> is distributed internationally on outgoing<br />

and incoming trade missions, through trade and investment<br />

agencies; to foreign offices in South Africa’s main trading<br />

partners around the world; at top national and international<br />

events; through the offices of foreign representatives in South<br />

Africa; as well as nationally and regionally via chambers of<br />

commerce, tourism offices, trade and investment agencies,<br />

airport lounges, provincial government departments, municipalities<br />

and companies.<br />

PUBLISHED BY<br />

Global Africa Network Media (Pty) Ltd<br />

Company Registration No: 2004/004982/07<br />

Directors: Clive During, Chris Whales<br />

Physical address: 28 Main Road, Rondebosch 7700<br />

Postal address: PO Box 292, Newlands 7701<br />

Tel: +27 21 657 6200 | Fax: +27 21 674 6943<br />

Email: info@gan.co.za | Website: www.gan.co.za<br />

ISSN 1996-1022<br />

COPYRIGHT | <strong>North</strong> <strong>West</strong> <strong>Business</strong> is an independent publication published<br />

by Global Africa Network Media (Pty) Ltd. Full copyright to the<br />

publication vests with Global Africa Network Media (Pty) Ltd. No part<br />

of the publication may be reproduced in any form without the written<br />

permission of Global Africa Network Media (Pty) Ltd.<br />

PHOTO CREDITS | COVER: Philip Mostert. Pictures supplied by flickr.<br />

com, Madikwe Game Reserve, Sunimages, Anglo American, Wikimedia<br />

Commons, Mapio, Elverma Nutritions, SATourism, <strong>North</strong> <strong>West</strong> Tourism,<br />

and Pixabay.<br />

DISCLAIMER | While the publisher, Global Africa Network Media (Pty)<br />

Ltd, has used all reasonable efforts to ensure that the information contained<br />

in <strong>North</strong> <strong>West</strong> <strong>Business</strong> is accurate and up-to-date, the publishers<br />

make no representations as to the accuracy, quality, timeliness, or<br />

completeness of the information. Global Africa Network will not accept<br />

responsibility for any loss or damage suffered as a result of the use of or<br />

any reliance placed on such information.<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

6


Wesvaal Chamber of <strong>Business</strong><br />

First Annual Conference on Manufacturing and Renewable Energy<br />

Date: 3-4 November <strong>2017</strong> | Venue: Protea Hotel, Klerksdorp<br />

T<br />

he Wesvaal Chamber of <strong>Business</strong> is proud to announce<br />

that it will host the first annual regional conference on<br />

Manufacturing and Renewable Energy in Klerksdorp in<br />

November <strong>2017</strong>.<br />

As the City of Matlosana moves into the post-mining era,<br />

the possibilities of the vibrant and growing renewable energy<br />

sector are being explored. The City aims to be a Smart City<br />

and present itself as an industrial precinct which is attractive<br />

to local and international investors.<br />

The conference aims to attract investors into the region.<br />

The KOSH area (Klerksdorp, Orkney, Stilfontein and Hartbeesfontein)<br />

already has significant manufacturing capacity and a<br />

workforce with experience in mining, engineering and related<br />

fields. The provincial development agency is keen to attract<br />

manufacturers of solar panels to the <strong>North</strong> <strong>West</strong>: this<br />

conference will provide an opportunity to explore these and<br />

other options.<br />

Access to good schools and colleges presents opportunities<br />

for research and development and the closeness of the<br />

area to the big markets of South Africa’s economic powerhouse,<br />

Gauteng Province, provides obvious advantages.<br />

Distinguished speakers will address topics such as:<br />

• Energy Efficiency<br />

• Funding for Development<br />

• Manufacturing Incentives<br />

• The Renewable Energy<br />

Manufacturing Sector<br />

• Solar Power: regional impact<br />

For more information about this conference view:<br />

www.wesvaalchamber.org<br />

The Wesvaal Chamber of <strong>Business</strong> was founded in 1898 and is one of the oldest Chambers in South Africa. It is affiliated to the<br />

South African Chamber of Commerce & Industry (SACCI). Member companies can advertise through the Wesvaal Chamber<br />

Network, obtain certificates of origin and credit reference checks and attend regular seminars and workshops.<br />

A new initiative is the CEO Bosberaad. This meeting provides a chance for business leaders to exchange business<br />

opportunities and explore ways to create a conducive climate for investment in the KOSH area.<br />

Contact details: Telephone: +27 18 468 3750 | Website: www.wesvaalchamber.org<br />

Rustenburg Chamber of Commerce<br />

Striving towards a healthy community and business environment,<br />

economic stability and growth, and becoming a truly world-class city.<br />

The Rustenburg Chamber of Commerce serves as<br />

the voice of business in the Rustenburg area, strives<br />

to create an environment for business to thrive and<br />

offers talks and networking events for members.<br />

The RCOC is affiliated provincially to the <strong>North</strong><br />

<strong>West</strong> <strong>Business</strong> Forum (NWBF) and the Noord<br />

Wes Afrikaanse Handelsinstituut, and nationally<br />

to the South African Chamber of Commerce and<br />

INDUSTRY (SACCI) and the Afrikaanse Handelsinstituut<br />

(AHI). Representation on both provincial<br />

and national bodies enables the RCOC to escalate<br />

important matters to higher levels when necessary<br />

and distribute important regional, provincial and<br />

national trends and information to our members.<br />

This will require a strong focus on positioning the<br />

Rustenburg business community to meet the challenges<br />

of a changing landscape in and around<br />

Rustenburg and the <strong>North</strong> <strong>West</strong> Province now and<br />

in the future.<br />

Vision<br />

A healthy community and business environment<br />

through sustainable economic growth<br />

Strategy<br />

• Unite business leaders<br />

• Empower members and community<br />

• Lead and support economic growth strategies in<br />

Rustenburg Local Municipality<br />

Plan<br />

• Share vision<br />

• Grow membership<br />

• Engage stakeholders<br />

The Tlhabane Chamber has joined the Rustenburg<br />

Chamber Of Commerce as part of our new chapter.<br />

The first event for the chamber in <strong>2017</strong> was a<br />

networking and expo event at Rustenburg Kloof in<br />

February at which the guest speaker was the Chief<br />

Financial Officer of Sibanye Platinum, Mr Justin<br />

Froneman.<br />

Address: 223 Beyers Naude Drive, Rustenburg 0299<br />

Tel: +27 72 171 3686 | Email: info@rcoc.co.za | Website: www.rcoc.co.za


MESSAGE<br />

Premier outlines<br />

vision and<br />

strategy<br />

for inclusive growth<br />

Premier Supra Obakeng<br />

Ramoeletsi Mahumapelo<br />

Industrialisation Strategy calls for new factories, private<br />

partners are sought for an ambitious irrigation policy and<br />

a major convention centre upgrade, the Mahikeng Airport<br />

Logistics Hub strategy is attracting interest from foreign<br />

investors, and vast amounts of minerals are yet to be<br />

quantified in the province.<br />

leadership is<br />

the ability to use lessons<br />

of the past to act<br />

“Visionary<br />

in the present such<br />

that there is broad convergence<br />

of thought and action in determining<br />

future history.”<br />

In celebrating the centenary<br />

anniversary of the birth of Oliver<br />

Tambo, we draw inspiration from<br />

Oliver Tambo’s fearlessness and<br />

focus on the task of dismantling<br />

apartheid and its remaining<br />

legacy of poverty, inequality and<br />

unemployment. We call upon all<br />

the people of Bokone-Bophirima<br />

Province to recommit ourselves<br />

to the project of increasing the<br />

pace of constructing the National<br />

Democratic Society whose foundation<br />

Oliver Tambo guaranteed.<br />

The <strong>North</strong> <strong>West</strong> Development<br />

Corporation (NWDC) will be repositioned<br />

to serve as our Provincial<br />

Mining Agenda Implementer to<br />

ensure that mining procurement<br />

takes place in line with the new<br />

envisaged VTSD Preferential Procurement Act. (VTSD is a strategy designed<br />

to improve the economies of Villages, Townships and Small Dorpies.)<br />

Current geological information illuminates vast amounts of minerals<br />

that are yet to be quantified. These include the salt fields that span<br />

Delareyville, the limestone that covers Taung, through Mothibi to<br />

Severn as well as the Morokweng and Lichtenburg, the tigers eye that<br />

spans Mothibi, Severn and Vorstershoop, the untapped alluvial and<br />

alluvial diamond fields, as well as manganese and iron ore.<br />

These initiatives will be coordinated by the Office of the Premier<br />

working together with the national Department of Mineral Resources<br />

through:<br />

• Expanding small-scale mining<br />

• Mining beneficiation<br />

• Mining procurement<br />

• New venture mining.<br />

New interest from investors<br />

The <strong>North</strong> <strong>West</strong> Development Corporation working with the Rural,<br />

Environment and Agricultural Department (READ) will implement the<br />

following strategic mandates:<br />

• Acceleration of VTSD Agro-<strong>Business</strong>es to build small scale agro-hubs<br />

• Establishment of Special Economic Zones in addition to the existing<br />

one, the Platinum Valley SEZ<br />

• Implementation of the Mahikeng Airport Logistics Hub strategy<br />

will be intensified through strategic partnerships. New interest has<br />

been shown by investors from United Arab Emirates<br />

TOGETHER WE MOVE BOKONE BOPHIRIMA FORWARD<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

8


MESSAGE<br />

• Implementation of the VTSD Industrial Hubs in<br />

strategic areas<br />

• Finalisation and implementation of the Provincial<br />

Industrialisation Action Plan.<br />

Our Industrialisation Strategy will use the allocation<br />

for learner support materials to set up a stationery<br />

manufacturing factory in the province to supply<br />

all schools and government departments, working<br />

together with existing retailers. In addition, we will:<br />

• Accelerate the establishment of the People’s<br />

Economic Growth Agency (PEGA) through<br />

smooth integration of existing State-Owned-<br />

Enterprises<br />

• Work with the construction industry with a view<br />

to establishing a provincial construction hardware<br />

factory with VTSD branches to support<br />

small enterprises through the housing budget<br />

• Coordinate Local Economic Development efforts<br />

across all municipalities in order to build strategic<br />

partnerships with the private sector.<br />

The Executive Council has mandated the NWDC to<br />

proceed with the implementation of core elements<br />

of the Mahikeng Rebranding, Repositioning and<br />

Renewal Programme, the Government Precinct<br />

and Stadium projects and plans to upgrade the<br />

Mmabatho Convention Centre to international status.<br />

Discussions are at an advanced stage to secure<br />

a strategic partner to invest R10-billion in these<br />

projects.<br />

Agriculture, Culture and Tourism (ACT) represents<br />

the first and the core concrete plan, supported<br />

by mining as a tributary, to drive the economic<br />

policy development and approach of Bokone-<br />

Bophirima Province.<br />

Government is engaging with stakeholders in<br />

the public and private sectors with a view to raising<br />

about R5-billion to implement the Provincial<br />

Irrigation Strategy. Taung College of Agriculture is<br />

the only college in the country accredited to offer<br />

a National Diploma Qualification in Irrigation<br />

Management.<br />

The office of the Premier through the <strong>North</strong><br />

<strong>West</strong> Development Corporation has collaborated<br />

with the <strong>North</strong> <strong>West</strong> University and the National<br />

Technology Innovation Agency to host the first<br />

Provincial Innovation competition in the province.<br />

We are engaging with the ICT industry and various<br />

stakeholders who have an appetite to contribute<br />

towards the socio-economic transformation of our<br />

province. As part of this process, we will be hosting<br />

the 1st Annual Energy, Science and ICT Lekgotla in<br />

Tlokwe in March <strong>2017</strong>.<br />

A new human settlement delivery approach is<br />

being introduced, called the “Bietjie-Bietjie maak<br />

meer” within the context of the VTSD preferential<br />

procurement strategy. There will be a flexible cap of<br />

50 units per developer, directed specifically at small<br />

contractors at levels 1-4. Appointed developers will<br />

be encouraged to employ local people, including<br />

subcontracting with the objective of transferring skills.<br />

Investment index book<br />

The Premier of Bokone-Bophirima will visit all 18<br />

municipalities in <strong>2017</strong> to engender the culture of<br />

entrepreneurship with special focus on Villages,<br />

Townships and Small Dorpies. This will be done<br />

in partnership with other social partners, Dikgosi,<br />

<strong>Business</strong>, Labour, NGOs, CBOs, development finance<br />

institutions, FDIs, the Department of Mineral<br />

Resources, etc.<br />

These visits will culminate in the launch of an<br />

Investment and Economic Development Index Book<br />

which will contain full investment and economic<br />

development potential of each village, township<br />

and small dorpie in Bokone-Bophirima.<br />

Road partnerships<br />

We are exploring possible Public Private Partnerships<br />

to deal with the effects of mining haulage or heavy<br />

mining transport machinery on our roads network.<br />

We have to redouble efforts to secure private-sector<br />

funding for the building of roads. No<br />

contractor in the province will be allocated a road<br />

tender which is more than 20km with effect from<br />

the beginning of <strong>2017</strong>/18 financial year.<br />

The Adjusted Provincial Allocation for<br />

Infrastructure in the current financial year is<br />

R5.8-billion.<br />

People of this province want progress and are<br />

positive about the direction the province is taking.<br />

TOGETHER WE MOVE BOKONE BOPHIRIMA FORWARD<br />

9 NORTH WEST BUSINESS <strong>2017</strong>


A REGIONAL OVERVIEW OF<br />

NORTH WEST<br />

PROVINCE<br />

The assets of the <strong>North</strong> <strong>West</strong> Province are<br />

many and varied. From fantastic mineral<br />

wealth and sophisticated commercial agriculture<br />

to manufacturing, the province is<br />

also strategically located very close to the<br />

nation’s biggest markets.<br />

Known variously as the Platinum Province<br />

or South Africa’s ‘Texas’ because of its big<br />

beef herds, the <strong>North</strong> <strong>West</strong> province makes<br />

up 6.8% of the population of South Africa<br />

(3.6-million), 8.7% of the land mass (105 076km²) and<br />

accounts for 5.8% of economic output in terms of<br />

gross value added.<br />

The provincial government of the <strong>North</strong> <strong>West</strong> has<br />

adopted the name Bokone Bophirima Province for<br />

the provincial entity which is bordered on the west by<br />

the Republic of Botswana and on the east by Gauteng<br />

province, the engine of the South African economy.<br />

The big four sectors of the provincial economy are<br />

mining, agriculture, manufacturing and tourism.<br />

The Vaal River runs along the province’s southeastern<br />

border with the Free State, and the province<br />

also shares borders with the <strong>North</strong>ern Cape to the<br />

south and Limpopo in the north.<br />

The province’s strategic location goes beyond its<br />

proximity to Gauteng: the major roads linking trade on<br />

an east-west axis pass through the province, as does<br />

the major railway line which runs from Cape Town<br />

in the south to Zimbabwe and beyond in the north.<br />

The Mahikeng Airport connects the capital city of<br />

Mahikeng to Johannesburg and the major tourism<br />

hub at Pilanesberg Airport. There are smaller airports<br />

at centres such as Klerksdorp and Rustenburg.<br />

Mining contributes 31% of the region’s gross domestic<br />

product. The mineral reserves that still lie<br />

beneath the ground in the province are enormous.<br />

Platinum group metals predominate but there are<br />

significant deposits of gold, uranium, diamonds,<br />

copper, vanadium, fluorspar and nickel. Stone and<br />

limestone are also found in rich quantities.<br />

Mining beneficiation takes place at many places,<br />

with Rustenburg being particularly strong in this<br />

sector. The economy of the town is closely linked to<br />

the fortunes of platinum mining, with the sector contributing<br />

77% of the city’s gross geographic product.<br />

The <strong>North</strong> <strong>West</strong> is a major producer of maize<br />

and sunflower seeds and many other agricultural<br />

products. About 20% of South Africa’s maize comes<br />

from the province, as does 15% of its wheat.<br />

The dry western part of the province is home<br />

to beef cattle, game ranching and hunting. The<br />

normally well-watered eastern and north-eastern<br />

regions can carry many kinds of crops, many of which<br />

find themselves on the tables of the citizens of the<br />

nearby urban centres of Johannesburg and Pretoria.<br />

The agricultural sector also generates largescale<br />

storage and logistics operations, particularly<br />

in Klerksdorp, Vryburg and Brits.


Manufacturing capacity is concentrated in the<br />

larger towns in the north-east and eastern regions<br />

of the province. Automotive components firms<br />

are clustered in Brits, which in turn is very close<br />

to the automotive manufacturing hub in Rosslyn<br />

(Pretoria) in Gauteng. Towns like Klerksdorp (agriprocessing<br />

and engineering) and Potchefstroom<br />

(food and beverages) also have manufacturing<br />

capacity.<br />

The province’s other great assets include big<br />

tourist attractions such as Sun City, the Pilanesberg<br />

National Park and associated game reserves and the<br />

Hartbeespoort Dam. Two UNESCO World Heritage<br />

Sites are located at Vredefort Dome (where a meteorite<br />

hit the earth about two million years ago) and<br />

Taung, where the discovery by an archaeologist<br />

of a skull in 1924 is regarded as one of the most<br />

significant of all time.<br />

The province’s three Technical and Vocational<br />

Education and Training (TVET) colleges and the<br />

well-respected University of the <strong>North</strong>-<strong>West</strong> all<br />

have several campuses catering to a wide range of<br />

educational disciplines. The university has a good<br />

reputation as a research institution.<br />

Assets<br />

While the <strong>North</strong> <strong>West</strong> province enjoys tremendous<br />

advantages in terms of agricultural and mineral assets,<br />

and it has fine infrastructure in some aspects<br />

of the first economy, it is also true that much of the<br />

population is still rural and remains unconnected to<br />

economic opportunity.<br />

Much of the planning of the provincial government,<br />

development agencies and financing bodies<br />

is aimed at finding ways of helping small businesses<br />

thrive in poorer communities.<br />

Some of the institutions involved in this process<br />

are the Small Enterprise Development Agency (seda),<br />

the Industrial Development Council (IDC) and the<br />

development agency of the provincial government,<br />

the <strong>North</strong> <strong>West</strong> Development Agency.<br />

Measures include:<br />

• financial support for small, medium and microenterprises<br />

(SMMEs)<br />

• building infrastructure in rural areas<br />

• finding ways of expanding the value chain in<br />

mining and in agriculture<br />

• directing tourists to new sites which will benefit<br />

communities<br />

The possibility also exists that a totally new sector,<br />

renewable energy, will help to transform the lives of<br />

previously excluded communities. This is already<br />

taking place to a small extent in that the province’s<br />

first solar plant is partly owned by the community<br />

in which it operates. There is much more scope for<br />

this kind of partnership, but there is also tremendous<br />

scope for the development of a manufacturing sector<br />

to support the renewable energy sector. A start<br />

has been made to attract solar panel manufacturers<br />

to the Platinum Special Economic Zone in the<br />

Bojanala District Municipality.<br />

Principal towns<br />

Mahikeng<br />

The capital city of the <strong>North</strong> <strong>West</strong> Province lies<br />

on the banks of the Molopo River. Situated in the<br />

north-west sector of the province near the Botswana<br />

border, the city has a strong services sector and a<br />

population of approximately 300 000.<br />

The Mahikeng International Airport is served<br />

by SA Express. Flights to and from OR Tambo<br />

International (Johannesburg) and Pilanesberg<br />

Airport (Sun City/Pilanesberg National Park) link the<br />

city with the main economic hub of the region and<br />

to the most visited tourist area.<br />

The city’s main growth sectors are financial<br />

services, services, transport and trade. The Garona<br />

District houses the <strong>North</strong> <strong>West</strong> parliament and government<br />

buildings. The administrative headquarters<br />

of the BaRolong tribe are located in the city. The<br />

arts are promoted by the Mmabana Cultural Centre,<br />

while the <strong>North</strong> <strong>West</strong> Institute of Hotel and Tourism<br />

Management is one of three tertiary institutions in<br />

the city. <strong>North</strong>-<strong>West</strong> University’s Graduate School<br />

of <strong>Business</strong> and Government Leadership is located<br />

in Mahikeng, and Unisa has a presence. Other<br />

institutions are the Taletso TVET College and the<br />

International School of South Africa.<br />

The town is well served by hotels such as the<br />

Mmabatho Palms, Hotel and Casino Convention


SPECIAL FEATURE<br />

Resort. Mahikeng Game Reserve has white rhino<br />

and giraffe among its fauna.<br />

Tlokwe (Potchefstroom)<br />

The city of Potchefstroom is administered by the<br />

Tlokwe Local Municipality. A large campus of <strong>North</strong>-<br />

<strong>West</strong> University and its business school is located<br />

in the city, as is the Vuselela TVET College and the<br />

Potchefstroom College of Agriculture. More than 120<br />

000 people attend the Aardklop Festival every year.<br />

The city has a population of about 173 000.<br />

The sports facilities of <strong>North</strong>-<strong>West</strong> University are<br />

world class and have been the base for Spain’s soccer<br />

team and Australia’s cricket team in world cups.<br />

Tlokwe is a hub for the strong commercial agriculture<br />

of the region and has several food and beverage<br />

manufacturers. Nestlé has recently invested. Some of<br />

the bigger enterprises include fertiliser companies<br />

such as Kynoch, munitions manufacturers, and food<br />

processors like King Food. An army base contributes<br />

to the economy, and the airfield formerly used by<br />

the military is now run by the municipality.<br />

The N12 Treasure Route passes through the city<br />

and holds potential for further development of tourist<br />

highlights such as Boskop Dam and the Mooi<br />

River on which the town is located.<br />

Rustenburg<br />

Rustenburg is close to platinum mines and Sun City,<br />

two of the economic jewels in the crown of <strong>North</strong><br />

<strong>West</strong> Province. The town is also near beautiful parts<br />

of the bushveld, the Magaliesberg Mountains and<br />

the Pilanesberg National Park.<br />

Rustenburg has a varied manufacturing sector,<br />

although most of it is mine-related. Large-scale<br />

platinum smelters operate in Rustenburg.<br />

One of Orbit TVET College’s campuses is in<br />

Rustenburg, Unisa has a regional office, and the<br />

Agricultural Research Institute’s industrial crops<br />

unit and the Seda Platinum Incubator are located<br />

in the city. Health facilities are good in the city, with<br />

Netcare and Life Healthcare having a presence, in<br />

addition to the provincial hospital. Rustenburg’s<br />

population is about 596 000.<br />

Klerksdorp (City of Matlosana)<br />

With a population of over 400 000, Klerksdorp is<br />

an important regional centre and the town where<br />

several important companies’ headquarters are located.<br />

These include Senwes, through whose silos a<br />

large proportion of South Africa’s grains move every<br />

year, and a number of engineering enterprises which<br />

serve the mining industry.<br />

Matlosana is situated on the N12 Treasure Route<br />

and is marketing itself as a potential logistics hub.<br />

An intermodal facility based in the town’s airport has<br />

been developed. The city council has set aside land<br />

for the development of industrial and commercial<br />

enterprises. Break-bulk facilities, storage space and<br />

distribution centres are needed, offering concrete<br />

opportunities for investors in those fields.<br />

Bloemhof<br />

Bloemhof is a centre of maize growing and cattle<br />

raising on the southern boundary of the province,<br />

and DairyBelle has a large milk-production facility<br />

in the town. The Bloemhof Dam is one of the three<br />

large dams on the Vaal River that supply bulk water<br />

to surrounding areas. The Bloemhof Bonanza is the<br />

biggest and most lucrative inland-angling event in<br />

South Africa, with more than 2 000 anglers trying<br />

to win R1.5-million in prize money. The nearby SA<br />

Lombard Nature Reserve has a fine herd of black<br />

wildebeest.<br />

Naledi (Vryburg)<br />

Vryburg is the principal town of the Dr Ruth<br />

Segomotsi Mompati District Municipality. Cattle<br />

auctions held several times a year are among<br />

the biggest and best supported in the country.<br />

Auction time boosts the town’s population very<br />

considerably, from the norm of about 70 000. The<br />

Theiler Agricultural Museum and Cattle Centre<br />

is an important research centre for the livestock<br />

sector.<br />

Tiger Kloof Combined School, situated south<br />

of Vryburg, is a Dinaledi school, whereby extra<br />

interventions are made to improve mathematics<br />

and science teaching. It is also one of a handful of<br />

schools identified for upgrading by the national<br />

Historical Schools’ Restoration Project. Notable<br />

past pupils include Sir Seretse Khama and Dr Ruth<br />

Mompati. The Leon Taljaardt Nature Reserve has<br />

white rhino, buffalo and zebra.<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

12


SPECIAL FEATURE<br />

NORTH WEST PROVINCE<br />

N<br />

Vaalwater<br />

Thabazimbi<br />

Limpopo<br />

Bela-Bela<br />

BOTSWANA<br />

R49<br />

Sun City/Lost City<br />

Vorstershoop<br />

Hotazel<br />

R31<br />

Kuruman<br />

N14<br />

Reivilo<br />

Lykso<br />

Moloporivier<br />

Vryburg<br />

Stella<br />

N18<br />

R 49<br />

Taung<br />

R34<br />

R49<br />

Mmabatho<br />

Delareyville<br />

Schweizer-<br />

Reneke<br />

N4<br />

MAHIKENG<br />

Sannieshof<br />

Ottosdal<br />

Wolmaransstad<br />

Zeerust<br />

R52<br />

Groot-Marico<br />

Lichtenburg<br />

N14<br />

Coligny<br />

Klerksdorp<br />

Swartruggens<br />

R30<br />

Koster<br />

Ventersdorp<br />

Potchefstroom<br />

N12<br />

Orkney<br />

Rustenburg<br />

R30<br />

Magaliesburg<br />

<strong>West</strong>onaria<br />

Parys<br />

Brits<br />

Hartbeespoort<br />

Mooinooi<br />

JOHANNESBURG<br />

R59<br />

Carletonville<br />

Vereeniging<br />

N1<br />

R82<br />

PRETORIA<br />

Gauteng<br />

Sasolburg<br />

R57<br />

Heilbron<br />

N1<br />

N3<br />

Sishen<br />

Kathu<br />

<strong>North</strong>ern Cape<br />

Warrenton<br />

Bloemhof<br />

N12<br />

Christiana<br />

Wesselsbron<br />

Welkom<br />

Kroonstad<br />

Free State<br />

Motorway<br />

Main Road<br />

Railway<br />

Ventersburg<br />

Reitz<br />

Postmasburg<br />

Ulco<br />

Bultfontein<br />

Municipalities in <strong>North</strong> <strong>West</strong> Province<br />

Limpopo<br />

BOTSWANA<br />

Ramotshere<br />

Moiloa<br />

Moses Kotane<br />

Bojanala<br />

Madibeng<br />

Moretele<br />

Molopo<br />

Mafikeng<br />

Kgetlengrivier<br />

Rustenburg<br />

Ratlou<br />

Kagisano<br />

Dr Ruth Segomotsi Mompati<br />

Naledi<br />

Ngaka Modiri Molema<br />

Tswaing<br />

Ditsobotla<br />

Dr Kenneth Kaunda<br />

Matlosana<br />

Ventersdorp<br />

Tlokwe<br />

Merafong<br />

City<br />

Gauteng<br />

Mamusa<br />

Maquassi Hills<br />

<strong>North</strong>ern Cape<br />

Greater Taung<br />

Lekwa-Teemane<br />

Free State<br />

Metropolitan/District Municipality<br />

Boundary<br />

Local Municipality Boundary<br />

District Municipality<br />

Local Municipality<br />

Bojanala<br />

Naledi<br />

13 NORTH WEST BUSINESS <strong>2017</strong>


SPECIAL FEATURE<br />

Villages, townships and small<br />

dorpies are the focus of<br />

development<br />

Plans are in place to boost economic growth in the <strong>North</strong> <strong>West</strong>’s smaller towns and areas<br />

previously neglected.<br />

The provincial government of the <strong>North</strong> <strong>West</strong><br />

has announced that one of its five major priorities<br />

will be to boost economic development in<br />

villages, townships and small “dorpies”. In every<br />

sector where government influence can be brought<br />

to bear, consideration must be given to how policy<br />

will improve lives in VTSD (villages, townships and<br />

small dorpies).<br />

This scheme is one of five major initiatives which<br />

form part of the larger “Rebranding, Repositioning<br />

and Renewal of Bokone-Bophirima”, the Setswana<br />

name for <strong>North</strong> <strong>West</strong>. The other four are ACT<br />

(Agriculture, Culture and Tourism); RHR (reconciliation,<br />

healing and renewal); Setsokotsane (comprehensive<br />

and integrated service delivery campaign)<br />

and Saamwerk-Saamtrek (call for unity of purpose<br />

above race divisions). Village development plans are<br />

to be created for each one of the 767 in the <strong>North</strong><br />

<strong>West</strong>. The process has begun across the province’s<br />

municipalities.<br />

Creating links within the agricultural economy is likely<br />

to be the best way of making a significant impact, and<br />

the VTSD strategy acknowledges this. Agriculture is one<br />

of the strongest sectors in the <strong>North</strong> <strong>West</strong> economy,<br />

so creating added value along the agricultural chain<br />

is an easier task than creating an entirely new sector.<br />

An initiative to create community bakeries has<br />

already kicked off, with Transnet and the National<br />

African Federated Chamber of Commerce (NAFCOC)<br />

supporting the programme. Another project, which<br />

will also go some way to improving food security<br />

and reducing hunger, involves the setting up of<br />

warehouses in each of the province’s districts. These<br />

warehouses would make available to local entrepreneurs<br />

basic foodstuffs at a good price that can then<br />

be sold on through tuckshops.<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

14


SPECIAL FEATURE<br />

Another way of saying that<br />

opportunity must be created<br />

along the value chain is to state<br />

that better linkages must be created<br />

between towns and rural<br />

areas. Prospective businesses<br />

in rural areas (or small dorpies)<br />

often have no access to finance,<br />

find transport costs prohibitive<br />

and struggle to connect to the<br />

relevant market. Improved infrastructure<br />

can be part of the<br />

problem, whether that is simply<br />

providing better roads, but it can<br />

also be the establishment of food<br />

markets in smaller areas, and the<br />

building of public abattoirs and<br />

silos so that small traders and<br />

entrepreneurs don’t have to carry<br />

those heavy costs.<br />

The agri-park scheme that is<br />

being implemented in each of<br />

the province’s four districts plays<br />

into that theme. With proper<br />

storage facilities, areas for trading<br />

and even some training available,<br />

farmers and traders can both<br />

benefit from the centralisation of<br />

some functions and exposure to<br />

a broader market.<br />

The same principle applies to clothing and retail.<br />

The province wants to see designers given an<br />

opportunity to show their garments, even if they<br />

themselves don’t have a shop front, either in retail<br />

outlets or on some other public platform.<br />

Loan funding for small, medium and micro-enterprises<br />

is something that several agencies are tasked<br />

with, including the Small Enterprise Development<br />

Agency (Seda) and the Industrial Development<br />

Corporation (IDC). Seda has a focus on four sectors:<br />

agri-processing, community tourism and protected<br />

areas, mining and mineral beneficiation, and trading.<br />

All of these are highly relevant to the VTSD strategy<br />

of the <strong>North</strong> <strong>West</strong><br />

There are also private initiatives such as the<br />

Masisizane Fund (Old Mutual), the Shankuka Black<br />

Umbrellas and Anglo American’s Zimele initiative<br />

which looks to support small businesses within the<br />

mining company’s supply chain.<br />

The provincial government has its own development<br />

agency, the <strong>North</strong> <strong>West</strong> Development<br />

Corporation, which has been tasked with seeing<br />

to it that qualifying co-operatives and SMMEs get<br />

loan financing in the R1 000 to R1-million bracket.<br />

The NWDC can also provide infrastructure (offices or<br />

factory space) to help new enterprises.<br />

The provincial government has also committed<br />

to making it easier to do business with government,<br />

in terms of tenders, impact assessment, licensing and<br />

doing away with restrictive by-laws. Electrification<br />

plans are set to focus more on rural areas and small<br />

villages in the years ahead, with 13 422 new households<br />

in 104 villages getting access to electricity in<br />

2016. VTSD will also receive priority in terms of the<br />

allocation of public housing.<br />

Zoning in all villages, townships and small dorpies<br />

is to be amended, so that there is a clear area where<br />

business can take place. It is hoped that this will do<br />

away with the costly re-zoning process that can limit<br />

start-up enterprises.<br />

A concrete way for the provincial government to<br />

boost VTSD is to buy its goods and services, where<br />

possible, from VTSD vendors. The aim is to procure<br />

70% of goods and services from such sources in<br />

2016/17. A start was made in 2016, with R2.5-billion<br />

or 41.6%t being spent in VTSD.<br />

Provincial government is not the only state entity<br />

that can assist in VTSD strategy. The South African<br />

National Defence Force (SANDF) has several facilities<br />

in the <strong>North</strong> <strong>West</strong> (artillery, training, intelligence,<br />

infantry, etc) and all of these units spend a lot of<br />

money on resources: the VTSD strategy wants to<br />

see some of that money spent in villages, townships<br />

and small dorpies.<br />

Similarly, the tourism sector is expected to align<br />

its strategy to promote areas that have not received<br />

significant income in the past. A focus on cultural<br />

tourism would allow for a greater focus on some<br />

rural areas that can offer beadworks and pottery or<br />

places like the Mphebatho Cultural History Museum<br />

in Moruleng. The nearby Manyane Resort (in the<br />

Pilanesberg National Park) has recently been refurbished<br />

and should provide local communities with<br />

employment opportunities.<br />

15 NORTH WEST BUSINESS <strong>2017</strong>


PROFILE<br />

Madibeng Local<br />

Municipality<br />

The strategic location of Madibeng Local Municipality supports a<br />

wide range of economic activities and attracts thousands<br />

of tourists to Hartbeespoort Dam.<br />

The Madibeng Local Municipality lies within the<br />

Bojanala Platinum District between Rustenburg<br />

to the west and Pretoria in the Gauteng province<br />

directly to the east.<br />

The main economic activity in Madibeng is mining<br />

but the town of Brits has significant manufacturing<br />

capacity, particularly in the automotive component<br />

sector. Hartbeespoort Dam is a major tourist attraction<br />

and there are many farms in the Municipality<br />

that produce quality vegetables and fruit for the<br />

Tshwane market.<br />

Madibeng LM is well located in that regard.<br />

Being close to Gauteng’s big cities (including<br />

Johannesburg and Krugersdorp) allows for good<br />

access to these large consumer markets and also<br />

makes it easy for local residents to find potential<br />

employment in those centres.<br />

Madibeng can be reached by train and has an airport<br />

for light aircraft. Lanseria Airport is located 40<br />

kilometres from Brits.<br />

Geography<br />

The Madibeng Local Municipality extends over<br />

3 839km² on the eastern edge of the <strong>North</strong> <strong>West</strong><br />

Province. It lies between the Magaliesberg and the<br />

Witwatersrand, 60km from Rustenberg and 50km<br />

north of Pretoria. The Magalies and the Crocodile<br />

rivers feed Hartbeesport Dam, an important source<br />

of water for the province and a very popular tourist<br />

spot. The main towns are Brits, Hartbeespoort,<br />

Marikana and Mooinooi.<br />

Executive Mayor –<br />

Cllr Jostina Mothibe.<br />

Acting Municipal<br />

Manager – Energy<br />

Manaka.<br />

Governance<br />

Madibeng Local Municipality is one of five municipalities<br />

in the Bojanala Platinum District. It is categorised<br />

as a Category B Municipality. An Executive<br />

Mayoral System is in place. Forty-one wards are represented<br />

by 81 councillors (10 of whom are members<br />

of the Mayoral Committee), with a full-time Speaker,<br />

Chief Whip and Executive Mayor.<br />

The Municipality has implemented a Performance<br />

Management System whereby performance is monitored<br />

through conducting performance assessments<br />

on a quarterly, mid-year and annual basis.<br />

Performance audits are conducted by both<br />

the Internal Auditors and Auditor General and<br />

performance reports are also published in the<br />

Annual Report.<br />

On the service delivery front the Municipality<br />

continues to implement service delivery projects<br />

such as the paved cluster roads in areas of Oukasie,<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

16


PROFILE<br />

Mothotlung, Hebron, Kgabalatsane and Letlhabile<br />

through the Municipal Infrastructure Grant (MIG).<br />

The Municipality has also upgraded provincial<br />

gravel roads to tar surfaces in areas like Rasai and<br />

Fafung. Water supply infrastrastructure projects are<br />

currently under construction in the eastern parts<br />

of the Municipality such as Itsoseng and Klipgat.<br />

More homes in the areas of Regorogile, Oskraal<br />

and Kgabalatsane have been electrified with the<br />

assistance of Eskom.<br />

The Municipality in conjunction with the National<br />

Water and Sanitation Department is working around<br />

the clock to address the challenge of water supply<br />

with the expansion of the Brits Water Purification<br />

Plant. The current plant produces 60ML per day<br />

while the newly refurbished plant will produce<br />

80ML per day.<br />

Economy<br />

A diverse economy has mining, manufacturing and<br />

tourism as the main employers and contributors<br />

to regional gross domestic product. A third of the<br />

world’s chrome comes from this area and there is<br />

a huge resource of platinum group metals that is<br />

mined by several large companies.<br />

In Brits there are several automotive components<br />

manufacturers, like Bosch, who run a sophisticated<br />

plant that makes starters, alternators and braking<br />

systems. Bridgestone make tyres at a recently<br />

upgraded factory and Giflo Engineering and cable<br />

producer, CBI Electric are other companies in<br />

the sector.<br />

Tourism<br />

Madibeng Local Municipality straddles the Heritage<br />

Route which links the Cradle of Humankind (a World<br />

Heritage site in Gauteng) with the Pilanesberg and<br />

Madikwe Game Reserves. Hartbeespoort Dam is<br />

one of the most visited places in South Africa, with a<br />

wide range of activities being offered nearby. More<br />

tempting is the diversity and scenic beauty of the<br />

Hartbeespoort Dam, the Madibeng tourism hub, with<br />

a magnificent view of the Magaliesberg mountains, a<br />

globally recognised biosphere reserve.<br />

Other fun outings can be had to a Cheetah Centre, a<br />

Bush Babies Monkey Sanctuary, a Chameleon Village<br />

Reptile Park, the Hartebeespoort Snake & Animal<br />

Park, the Hartebeespoort Dam Aquarium, the Inyoni<br />

Estate Crocodile Farm, The Elephant Sanctuary and<br />

The Ukutula Lodge & Lion Centre.<br />

The aerial cableway at the dam is very popular, as<br />

is hot-air ballooning. There are any number of adventure<br />

tourism activities on offer. These include:<br />

• zip-lining<br />

• combat paintballing<br />

• horse-riding<br />

• quad-biking<br />

• helicopter flights<br />

• jet-boat cruises<br />

• adventure camps.<br />

Fishing is another very popular pastime and arts<br />

and crafts are very well catered for in the area.<br />

CONTACT INFO<br />

Key personnel: Executive Mayor – Cllr Jostina<br />

Mothibe | Acting Municipal Manager – Energy<br />

Manaka<br />

Key contact person: Tumelo Tshabalala<br />

Address: 53 Van Velden Street, Brits 0250,<br />

South Africa<br />

Postal Address: PO Box 106, Brits 0250, South<br />

Africa<br />

Phone: +27 12 318 9100 | Fax: +27 12 318 9203<br />

Email: customercare@madibeng.gov.za<br />

Website: www.madibeng.gov.za<br />

17 NORTH WEST BUSINESS <strong>2017</strong>


DESTINATION OVERVIEW<br />

Tourism<br />

Tourism is a key pillar of the <strong>North</strong> <strong>West</strong> economy.<br />

SECTOR INSIGHT<br />

Sun City has spent R1-billion<br />

on upgrades.<br />

• Cultural tourism is a new<br />

focus area for the province.<br />

Tourism has been identified by the <strong>North</strong> <strong>West</strong> Provincial<br />

Government as a “key pillar” of the economy. In addition to promoting<br />

the already popular game reserves, Hartbeespoort Dam<br />

and Sun City, the provincial planners are targeting the cultural<br />

sector as a potential growth market. The Mahika-Mahikeng Cultural<br />

Festival is expected to grow in significance to the regional economy<br />

as it expands, having been started in 2015.<br />

Arts and culture development centres (Mmabana Centres) are<br />

found in three of the province’s districts. Twelve public museums have<br />

been identified together with 400 heritage sites as part of a census<br />

on the province’s cultural assets. The long and interesting history<br />

of the Batswana people provides rich scope for commemorations,<br />

memorials, song and dance.<br />

Three tourism strategies (Culture and Heritage; Events and an overarching<br />

regional strategy) are set to inform what the premier of <strong>North</strong><br />

<strong>West</strong> has called the Arts Culture and Tourism (ACT) developmental<br />

agenda for the province. In keeping with the emphasis on small towns<br />

and rural areas, a Rural and Social Tourism strategy is to be charted.<br />

Among other provincial plans is a publication to be produced by<br />

the Department of Tourism to market the province, particularly to<br />

attract potential tourists in SADC countries, in other parts of Africa<br />

and in BRICS countries like China, India, Russia and Brazil. Related<br />

to the SADC theme, is a scheme to develop transnational routes<br />

that would include sites such as<br />

Victoria Falls in Zimbabwe. Direct<br />

flights are being contemplated<br />

to BRICS countries.<br />

The Department of Tourism<br />

in the <strong>North</strong> <strong>West</strong> hosted the<br />

Bojanala District lekgotla (public<br />

meeting) where discussions were<br />

held about the way forward for<br />

tourism in the province. There is<br />

a strong belief that the industry<br />

can become a major creator of<br />

jobs and wealth within communities,<br />

if the correct strategies<br />

and products are developed.<br />

Anthropology comes<br />

to the fore at Taung, site of<br />

the first discovered fossil of<br />

Australopithecus africanus.<br />

The <strong>North</strong> <strong>West</strong> Development<br />

Corporation (NWDC), has an investment<br />

plan linked to this famous<br />

site, involving a museum,<br />

hotel and spa resort.<br />

The NWDC is also offering<br />

investors the opportunity to<br />

expand the terminal building at<br />

Pilanesberg Airport.<br />

The Treasure Route runs along<br />

the N12 highway and includes<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

18


DESTINATION OVERVIEW<br />

wildlife, cultural, scenic, industrial<br />

and environmental tourist attractions.<br />

The “treasure” relates to the<br />

gold mines scattered along the<br />

route. A highlight is the Vredefort<br />

Dome, an enormous 300km crater<br />

left when a meteorite struck the<br />

earth about two-billion years ago.<br />

It is a UNESCO World Heritage Site.<br />

Adventure sports is a growing<br />

section of the tourism sector.<br />

Hot-air ballooning over the<br />

Pilanesberg mountains is a popular<br />

pursuit, as is quad-biking<br />

among the foothills. Canopy<br />

tours in the Magaliesberg are on<br />

offer, with many opportunities for<br />

water sports of every kind on the<br />

province’s many water bodies.<br />

Hartbeespoort Dam is the biggest<br />

of these, but there are ample<br />

opportunities for water -lovers<br />

at Bloemhof Dam, Boskop Dam<br />

(north of Potchefstroom) and<br />

Vaalkop Dam (north of Brits). Each<br />

of these dams has great birdlife,<br />

with up to 250 species living at<br />

or visiting the dams.<br />

Hotels, casinos and<br />

resorts<br />

One of South Africa’s highestprofile<br />

entertainment complexes,<br />

Sun City Resort, was relaunched<br />

in 2016 after a R1-billion refurbishment<br />

by Sun International.<br />

Between 2014 and 2016 the<br />

project created more than 2 000<br />

new jobs.<br />

The Sun City Hotel has been<br />

re-branded as the Soho Hotel<br />

which comes with a party zone<br />

designed to evoke Las Vegas. A<br />

new events space called Sun Park<br />

offers outdoor and indoor options<br />

for hosting festivals, events and launches. A new Sporting Hall of Fame<br />

has been added to the popular water features and the famous Gary<br />

Player Golf Course. In recent times the format of the annual Nedbank<br />

Golf Challenge was expanded to include a bigger field of players with<br />

more global significance because points won at the event counted<br />

for international rankings.<br />

The provincial capital, Mahikeng, has its own resort in the Mmabatho<br />

Palms Hotel Casino and Convention Resort. As part of the Peermont<br />

group, which has hotels and casinos in six of South Africa’s provinces,<br />

the Mmabatho Palms offers eight gaming tables and slot machines.<br />

The Gambling Board falls under the provincial Department of<br />

Economy and Enterprise Development and it has approved 262 Limited<br />

Pay-out Machines and six new bingo operations.<br />

<strong>North</strong> <strong>West</strong>’s other casinos are at Sun City and the Morula Casino<br />

and Hotel at Mabopane (both run by Sun International) and Klerksdorp<br />

(Rio Hotel Casino and Convention Resort), another Peermont property.<br />

The provincial government has applied to national government to<br />

have a fifth licence granted in the province.<br />

Nature and game reserves<br />

The strategy of the <strong>North</strong> <strong>West</strong> Parks and Tourism Board (NWPTB)<br />

includes ramping up investment in the province’s 12 smaller parks<br />

with a view to creating jobs in the second economy. This presents an<br />

opportunity for private investors to become involved. An investment of<br />

R43-million has been made in the Manyane Game Lodge in Mahikeng<br />

in partnership with the national Department of Tourism.<br />

Another project is in the form of an ambitious plan to create a<br />

mega-park in the north-western sector of the <strong>North</strong> <strong>West</strong>, the Heritage<br />

Park. The idea is to link the existing parks of Madikwe (on the Botswana<br />

border) and the Pilanesberg National Park (a provincial park). Nearly<br />

20 000 hectares of land is being prepared for incorporation, which is<br />

intended in a later phase to become a transnational park. With much of<br />

the targeted land being currently used for marginal cattle farming, it is<br />

expected that the transference of this to the potentially more lucrative<br />

game-reserve option will bring considerable benefits.<br />

As the fourth-largest park in South Africa, Pilansberg covers an area of<br />

55 000 hectares.<br />

ONLINE RESOURCES<br />

<strong>North</strong> <strong>West</strong> Development Corporation: www.nwdc.co.za<br />

South African National Parks: www.sanparks.co.za<br />

Tourism <strong>North</strong> <strong>West</strong>: www.tourismnorthwest.co.za<br />

19 NORTH WEST BUSINESS <strong>2017</strong>


PROFILE<br />

Mmabatho Palms is<br />

an entertainment oasis<br />

The destination of choice for gaming and conventions in Mafikeng.<br />

South Africa’s and the <strong>North</strong> <strong>West</strong>’s favourite oasis<br />

resort experience, Mmabatho Palms Hotel Casino<br />

and Convention Resort, is conveniently located in<br />

the historic town of Mafikeng, the capital city of the<br />

<strong>North</strong> <strong>West</strong> Province. Perfect for business, weekend<br />

getaways and entertainment, the resort is located<br />

adjacent to the Leopard Park Golf Course.<br />

The elegant four-star Peermont Walmont hotel is<br />

dressed in classic style with every modern comfort<br />

and features 150 rooms and suites. The resort encapsulates<br />

an entertainment oasis with its central<br />

swimming pool shaded by the fronds of Motswedi<br />

Palm trees. A host of other entertainment options<br />

are also available including an additional swimming<br />

pool, mini-golf, tennis, a children’s play area and the<br />

18-hole championship Leopard Park Golf Club next<br />

to the resort.<br />

The Motswedi Terrace Restaurant is a chic à la carte<br />

restaurant with a distinctive African theme and offers<br />

a full breakfast and internationally flavoured cuisine.<br />

Guests can also relax at the Motswedi Terrace Bar<br />

next to the pool with a refreshing drink or exotic<br />

cocktail. Gaming at the Mmabatho Palms casino is<br />

an exciting affair with a variety of 155 slots in various<br />

denominations and eight gaming tables offering<br />

Roulette, Blackjack and Poker games.<br />

The Palms Retreat Wellness Spa is a full beauty centre<br />

offering a variety of luxurious treatment options.<br />

The spa has seven treatment rooms and a separate<br />

couples’ treatment room to provide the most private<br />

and comfortable of settings. The world-class<br />

convention facilities include four conference rooms<br />

which can accommodate up to 300 guests. There<br />

is also the Boma, perfect for outdoor events with a<br />

seating capacity of up to 120 guests. Venues offer<br />

flexible configuration capacities and state-of-the-art<br />

technology, making them suitable for a variety of<br />

functions from board meetings to team-building<br />

or from weddings to conferences.<br />

Mmabatho Palms is conveniently located near to a<br />

range of must-see sites, nature parks and birding hot<br />

spots. The Botsalano Game Reserve is a short drive to<br />

the west of the city and hosts more than 200 bird species<br />

in wide grasslands and Acacia and Karee woodlands.<br />

One of the world’s oldest volcanic craters extends<br />

through the park into Botswana. Mafikeng Game<br />

Reserve is much closer, being on the city boundary. It<br />

is known as “The Home of the White Rhino”.<br />

With everything under one roof, Mmabatho Palms is<br />

the perfect destination for a family break, corporate<br />

event, golfing getaway or romantic rendezvous.<br />

Website: www.mmabathopalms.co.za<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

20


Break away to Mmabatho Palms Hotel Casino Convention Resort in the historic<br />

town of Mafikeng. This beautiful retreat has something for everyone, with a<br />

four star 150-key Walmont hotel, an exciting casino, the Motswedi Terrace<br />

Restaurant, two swimming pools and loads of fun activities for children.<br />

The exquisite Palms Retreat Wellness Spa offers a variety of luxurious<br />

beauty treatments in peaceful and relaxing surroundings and the 18-<br />

hole championship Leopard Park Golf Club is easily accessible from the<br />

resort. Outdoor sporting and entertainment events are a regular feature<br />

of the full sized soccer field and the convention centre can accommodate<br />

up to 300 delegates in a variety of rooms as well as the outdoor boma.<br />

Live it up, Oasis Style at Mmabatho Palms.<br />

FOLLOW US<br />

To book your stay, call PEERMONT CENTRAL RESERVATIONS on 0860 777 900 (SA only)<br />

or +27 (0)11 938 1928 or book online at www.mmabathopalms.co.za<br />

PEERMONT PROUDLY SUPPORTS THE NATIONAL RESPONSIBLE GAMBLING PROGRAMME.<br />

PROBLEM GAMBLING COUNSELLING TOLL-FREE LINE 0800 006 008. PLAYERS MUST BE 18 YEARS OR OLDER. WINNERS KNOW WHEN TO STOP.


INTERVIEW<br />

Strong growth on<br />

<strong>North</strong> <strong>West</strong> route<br />

CEO of SA Express Inati Ntshanga talks about the<br />

operating environment for the airline.<br />

Inati Ntshanga<br />

BIOGRAPHY<br />

Inati BIOGRAPHY Ntshanga was appointed<br />

as the Chief Executive Officer of<br />

SA Express in September 2010.<br />

A Harvard University Economics<br />

graduate, Inati has over 18<br />

years aviation experience as<br />

well as senior management<br />

and executive experience in the<br />

private sector.<br />

As CEO of the airline, he also<br />

serves as Executive Director on<br />

the SA Express Board of Directors<br />

and in 2015 was appointed<br />

as the Chairperson of the Airlines<br />

Association of Southern<br />

Africa.<br />

What is the size of the commercial airline sector in the<br />

<strong>North</strong> <strong>West</strong>?<br />

Currently, SA Express is the only carrier that flies into Pilanesberg and<br />

we have grown our operations to include Mahikeng. We fly direct from<br />

OR Tambo International on Mondays, Wednesdays and Fridays and<br />

from Cape Town International on Mondays and Fridays.<br />

We have built partnerships with several establishments in the area<br />

to offer competitive and comprehensive packages for passengers<br />

flying SA Express. We have seen strong growth on this route and our<br />

expectation is this trend will continue.<br />

Since being appointed CEO of SA Express, what have<br />

been the primary challenges of running the airline?<br />

External factors such as fluctuating exchange rates, volatile oil prices<br />

and ever-increasing competition mean that as an airline, SA Express<br />

needs to remain relevant by being dynamic and innovative.<br />

Economic factors such as recessions mean that flying is not viewed<br />

as a more of a luxury service. The industry has definitely become more<br />

competitive over the last five years. This is not only been on the major<br />

domestic routes, we have seen new entrants on secondary routes as<br />

well. This has led to reduced yield for the airline, although this has been<br />

offset somewhat by market growth.<br />

Key challenges remain living up to our customers’ expectations<br />

and remaining a viable entity in a competitive trading environment.<br />

Which routes are likely to deliver the most growth for<br />

your airline in the next few years?<br />

What we have seen in some markets, is the stimulation of new market<br />

segments by new entrants and this excites us. We intend to grow our<br />

product offering to incorporate this trend. This will primarily be on our<br />

domestic network, although we expect our regional routes to benefit<br />

from a degree of organic growth as well. This is primarily driven by<br />

connecting traffic through our partnership with South African Airways<br />

and our membership of the international Star Alliance.<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

22


We Fly <strong>North</strong> <strong>West</strong>!<br />

Discovering the best of Bokone Bophirima is now only a flight away.<br />

As an airline of choice to <strong>North</strong> <strong>West</strong> Province, we now offer<br />

weekly flights from Johannesburg and Cape Town to Pilanesberg,<br />

and from Johannesburg to Mahikeng, all at your convenience.<br />

Because We Fly for You.<br />

Visit www.flyexpress.aero for domestic flights to Bloemfontein, Port Elizabeth, East London,<br />

Kimberley, Hoedspruit, George, Johannesburg, Richards Bay, Cape Town, Mahikeng, Pilanesberg,<br />

Durban and regional flights to Lubumbashi, Gaborone, Walvis Bay, Lusaka and Harare.


SPECIAL FEATURE<br />

South African economy at a glance<br />

Insight into the performance of the South African economy is provided through these<br />

graphical representations of key statistics.<br />

ZIMBABWE<br />

NAMIBIA<br />

BOTSWANA<br />

Limpopo<br />

0.9% (7.1%)<br />

MOZAMBIQUE<br />

<strong>North</strong> <strong>West</strong><br />

-3.6% (6.5%)<br />

Gauteng<br />

2.1%<br />

(34.3%)<br />

Mpumalanga<br />

2.7%<br />

(7.5%)<br />

SWAZI-<br />

LAND<br />

<strong>North</strong>ern Cape<br />

2.8% (2.1%)<br />

Free State<br />

1.8%<br />

(5%)<br />

LESOTHO<br />

KwaZulu-<br />

Natal<br />

2.3%<br />

(16.1%)<br />

<strong>West</strong>ern Cape<br />

2.0% (13.6%)<br />

Eastern Cape<br />

1.0% (7.6%)<br />

SA GDP: Percentage of growth per province (2014) and percentage<br />

contribution to national GDP (figures in brackets).<br />

SOURCE: STATS SA WWW.STATSSA.GOV.ZA<br />

PROVINCE CAPITAL PREMIER POPULATION (2015) AREA GRP BILLION RAND<br />

Eastern Cape Bhisho<br />

Phumulo<br />

Masualle<br />

6 916 200 168 966km 2 R289.9<br />

Free State Bloemfontein<br />

Elias Sekgobelo<br />

"Ace" Magashule<br />

2 817 900 129 825km 2 R189.1<br />

Gauteng Johannesburg David Makhura 13 200 300 18 178km 2 R1 305.6<br />

KwaZulu-<br />

Natal<br />

Pietermaritzburg Willies Mchunu 10 919 100 94 361km 2 R610.1<br />

Limpopo Polokwane<br />

Stanley<br />

Mathabatha<br />

5 726 800 125 754km 2 R271.5<br />

Mpumalanga Mbombela David Mabuza 4 283 900 76 495km 2 R284.2<br />

<strong>North</strong> <strong>West</strong> Mahikeng<br />

Supra<br />

Mahumapelo<br />

3 707 000 104 882km 2 R249.5<br />

<strong>North</strong>ern Cape Kimberley Sylvia Lucas 1 185 600 372 889km 2 R79.9<br />

<strong>West</strong>ern Cape Cape Town Helen Zille 6 200 100 129 462km 2 R518.1<br />

Snapshot of South Africa’s provinces<br />

SOURCE: INSTITUTE OF RACE RELATION’S SOUTH AFRICA SURVEY 2016 AS REPORTED ON BUSINESSTECH.CO.ZA<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

24


SPECIAL FEATURE<br />

How South Africa’s economy performed in 2015. *<br />

* PRELIMINARY RESULTS | SOURCE: GROSS DOMESTIC PRODUCT, 4TH QUARTER 2015 | WWW.STATSSA.GOV.ZA<br />

SECTOR LP MP GP NW KZN FS NC EC WC<br />

Agriculture 2.5 2.8 0.4 2.1 3.8 4.3 6.0 7.5 3.5<br />

Mining 29.4 24.9 3.3 33.6 1.9 13.3 26.7 0.2 0.3<br />

Manufacturing 2.5 11.5 13.5 4.4 15.8 8.5 2.1 12.2 11.8<br />

Electricity 2.8 5.4 2.4 1.4 2.5 3.1 3.0 1.4 2.0<br />

Construction 2.5 3.3 4.3 2.6 3.0 2.0 1.6 2.1 4.3<br />

Wholesale 10.8 10.3 14.2 9.3 15.5 12.3 9.9 14.7 17.0<br />

Transport 5.4 5.8 8.3 6.1 11.9 7.1 7.8 7.9 9.1<br />

Finances 14.0 10.9 22.8 11.1 16.5 14.2 11.6 18.6 26.6<br />

Personal<br />

Services<br />

Government<br />

Services<br />

3.8 4.3 3.6 7.0 5.8 10.2 8.1 9.1 5.1<br />

16.0 10.5 17.0 12.1 13.3 14.7 12.8 22.0 10.2<br />

Taxes 10.3 10.3 10.1 10.3 10.0 10.3 10.2 10.2 10.0<br />

Gross Domestic Product by province, percentage contribution.<br />

SOURCE: STATS SA WWW.STATSSA.GOV.ZA/?PAGE_ID=735&ID=1<br />

25 NORTH WEST BUSINESS <strong>2017</strong>


FOCUS<br />

Nedbank partnering<br />

with business for good<br />

Kevin de Beer, Nedbank Regional General Manager, Branch Networks, explains how<br />

Nedbank works with communities to deliver banking solutions.<br />

Nedbank continues to build on its client-centred strategy<br />

aimed at delivering distinctive experiences and channels of<br />

choice for businesses and clients in the <strong>North</strong> <strong>West</strong>. This has<br />

seen the bank simplify and enhance its product offering in<br />

line with its value-banking philosophy based on simplicity, transparency<br />

and affordability. Innovation and technological advancements,<br />

as well as training and development of staff, have been key pillars in<br />

achieving the bank’s objectives.<br />

Nedbank has also placed greater emphasis on client engagement<br />

to better understand the diverse and individual client needs across<br />

its personal and business banking base. “Innovation is an integral<br />

component of a holistic approach that encompasses our systems<br />

and processes. It is an enabler in delivering distinctive client experiences.<br />

Despite the tough economic environment, Retail and <strong>Business</strong><br />

Banking has delivered value to our shareholders while significantly<br />

improving client experience. Through these milestones we are well<br />

geared to weather the persisting macroeconomic environment, and<br />

highly competitive business conditions,” says De Beer.<br />

Since 2012 Nedbank has launched several first-to-market innovations,<br />

such as the award-winning Nedbank App Suite, the Home Loans<br />

Online Digital Channel and Market Edge, as well as the “Branch of the<br />

Future” concept in communities locally and nationally. “Working with<br />

communities is entrenched in our values through community development,<br />

skills development, education and job creation, as well as environmental<br />

conservation. These play a vital role in building a sustainable<br />

economy and vibrant society. We believe our fast-growing presence in<br />

communities goes a long way in enabling greater financial inclusion<br />

while contributing towards economic growth,” concludes De Beer.<br />

Nedbank has also invested in innovative alternative distribution outlets<br />

through its strategic partnership with Pick n Pay and Boxer stores.<br />

These partnerships, which span over 15 years, enable communities to<br />

get access to financial services every day of the week, even Sundays<br />

and public holidays.<br />

Nedbank provides several communities, including individual and<br />

business clients, with access to products and services through Nedbank’s<br />

workplace banking offering through a dedicated banker. This is a unique<br />

service for clients, with financial fitness training a key aspect of the offering.<br />

Our wide range of products and services include the Nedbank<br />

Kevin de Beer, Nedbank<br />

Regional General Manager<br />

Keyona Plus transactional account,<br />

which comprises funeral<br />

cover, a personal loan facility, the<br />

Just Save Account and the Send<br />

Imali money transfer solution,<br />

enabling clients to transact, borrow,<br />

save and take out cover. To<br />

encourage the youth to save and<br />

build their financial fitness from an<br />

early age the Nedbank4me offering,<br />

enabling the youth to transact<br />

and save with the benefit of<br />

earning preferential interest.<br />

For more information call<br />

+27 51 400 5813 or visit<br />

www.nedbank.co.za.<br />

NORTH WEST BUSINESS <strong>2017</strong> 26


Zooming into<br />

Nedbank’s small<br />

business interventions<br />

Nedbank’s Regional Manager, Small <strong>Business</strong> Services, Kim Lawrence,<br />

explains how Nedbank is committed to partnering with businesses for growth.<br />

FOCUS<br />

“<br />

Recognising<br />

that small businesses are the mainstay of the<br />

economy and arguably the best remedy for the country’s<br />

unemployment challenges, Nedbank has, over the years,<br />

instituted various interventions aimed at giving support to<br />

the small-business sector. Over and above our small-business services<br />

solutions, we provide small-business owners with support that goes<br />

beyond banking, freeing up their time to truly focus on running their<br />

businesses,” says Lawrence.<br />

Nedbank has built a solid reputation as a bank for small businesses<br />

through initiatives such as Small <strong>Business</strong> Friday, free small-business<br />

seminars and the SimplyBiz.co.za platform – all geared to support<br />

the small- and medium-sized enterprises sector. For example, the<br />

Small <strong>Business</strong> Friday initiative, in association with the National Small<br />

<strong>Business</strong> Chamber, seeks to encourage everyone in South Africa to<br />

rally behind and support small businesses. Apart from its name, the<br />

initiative calls on everyone to make a conscious decision to vote small<br />

businesses through their hearts, feet and wallets; not only on Fridays,<br />

but every day.<br />

Supporting small businesses can lead to more sustainable economic<br />

growth, social upliftment and job creation. The biannual Nedbank<br />

Small <strong>Business</strong> Seminars are free and provide practical advice and<br />

solutions for small-business owners. Inspired emerging entrepreneurs<br />

who attend the seminars benefit from invaluable insight shared by<br />

small-business experts. The seminars are rolled out across the country<br />

and topics include issues such as cashflow planning and turning<br />

strengths and weaknesses into more sales and profits.<br />

SimplyBiz.co.za is a free-to-join value networking portal designed<br />

especially for small businesses. It seeks to help small-business<br />

owners facing unique challenges with valuable insights from<br />

other entrepreneurs and our seminars. Moreover, the online portal<br />

helps small businesses to improve their business administration<br />

Kim Lawrence, Regional<br />

Manager Small <strong>Business</strong><br />

Services<br />

skills, keep up with the latest<br />

trends, network with other small<br />

businesses and share ideas.<br />

For more information about<br />

Nedbank’s Small <strong>Business</strong><br />

Services call Kim on<br />

+27 51 400 5772 or send an<br />

email to KimL@nedbank.co.za.<br />

27<br />

NORTH WEST BUSINESS <strong>2017</strong>


FOCUS<br />

Nedbank<br />

Whole-view <strong>Business</strong> Banking<br />

Willie Chavalala, Nedbank Regional <strong>Business</strong> Head, Pretoria & <strong>North</strong> <strong>West</strong>,<br />

explains how they are making the bank relevant to business owners in the <strong>North</strong> <strong>West</strong>.<br />

There is good news for <strong>North</strong> <strong>West</strong> business owners and entrepreneurs<br />

seeking a unique banking experience: Nedbank <strong>Business</strong><br />

Banking has 11 business managers located across the province<br />

specialising in key industries such as retail, commercial, industrial,<br />

manufacturing and the agricultural sector, among others. They are<br />

ready to assist you with professional advice, industry-specific solutions<br />

and a comprehensive range of financial products and services.<br />

“At Nedbank <strong>Business</strong> Banking we believe that you need a financial<br />

partner who not only understands your circumstances and aspirations,<br />

but also provides you with relevant solutions and a banking experience<br />

that is hassle-free. This allows you to concentrate on what’s<br />

most important to you – running your business,” says Chavalala.<br />

At the core of Nedbank’s offering in the <strong>North</strong>-<strong>West</strong> is a relationship-based<br />

model with a business manager dedicated to your business<br />

as the key entry point into the bank. Each business manager is<br />

supported by a team – comprising a credit manager, credit analyst<br />

and services manager with a thorough understanding of the regional<br />

economy and business market, and a genuine interest in the success<br />

of each individual business.<br />

“When you do business with us, you deal with people who know<br />

the area, understand its nuances and are familiar with the various<br />

industries operating here. We encourage you to see money differently<br />

with Whole-view <strong>Business</strong> Banking TM ,” explains Chavalala.<br />

An additional benefit of banking with Nedbank <strong>Business</strong> Banking<br />

is that your business and your personal financial needs can be<br />

managed in one place.<br />

“Because business owners and their businesses are very often<br />

financially dependent on each other, our client service teams now<br />

also offer individual banking solutions, better advice and a hasslefree<br />

service to you and your staff because we already know and<br />

understand your needs,” says Chavalala.<br />

Nedbank provides several communities, including individual<br />

and business clients, with access to products and services through<br />

Willie Chavalala, Regional<br />

<strong>Business</strong> Head<br />

Nedbank’s workplace banking<br />

offering through a dedicated<br />

banker. This is a unique service<br />

for clients, with financial fitness<br />

training a key aspect of the<br />

offering.<br />

For more information about<br />

Nedbank’s specialised service<br />

offering please call the<br />

<strong>Business</strong> Banking team on<br />

+27 12 436 7740 or visit<br />

www.nedbank.co.za.<br />

NORTH WEST BUSINESS <strong>2017</strong> 28


17264<br />

SEE MONEY DIFFERENTLY WITH<br />

WHOLE-VIEW<br />

TM<br />

BUSINESS BANKING<br />

With Whole-view <strong>Business</strong> Banking from Nedbank, there’s one bank with one view across your business,<br />

allowing us to create unique business and financial solutions together. You’ll get partnership advice from<br />

a dedicated local client service team, supported by a team of specialists. By having the full picture we’ll<br />

have a deeper understanding of your business, which will take it further than ever before.<br />

Sometimes, a change in approach can change everything. Partner with Nedbank today.<br />

Search Whole-view <strong>Business</strong> Banking.<br />

Nedbank Ltd Reg No 1951/000009/06. Authorised financial services and registered credit provider (NCRCP16).


OVERVIEW<br />

Mining<br />

The platinum province is also rich in many other minerals.<br />

SECTOR INSIGHT<br />

A platinum special economic<br />

zone is being established to<br />

attract investors.<br />

• Sephaku Cement’s<br />

Lichtenburg clinker plant<br />

produces 6 000 tons per<br />

day.<br />

• There are new owners<br />

for platinum and chrome<br />

assets.<br />

There are nearly 300 active mines in the <strong>North</strong> <strong>West</strong> and the sector<br />

contributes 31.3% of regional gross domestic product. A large<br />

number of families rely on the income earned on mines, with about<br />

18% of total employment in the province coming from mining.<br />

The <strong>North</strong> <strong>West</strong> Province is aligned with the <strong>West</strong>ern Limb of the<br />

Bushveld Igneous Complex, a remarkably rich mineral formation. Mines<br />

in the province produce 50% of the platinum produced in the world,<br />

and 65% of South Africa’s platinum group metals.<br />

Chromite is the other major mineral mined throughout the province,<br />

and there are several ferrochrome smelters and other processing plants.<br />

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

Gauteng and the Free State (in Klerksdorp and Orkney). Diamonds are<br />

mined at Christiana, Bloemhof and Lichtenburg. Lichtenburg is also the<br />

centre of the cement industry.<br />

Other minerals found in the <strong>North</strong> <strong>West</strong> include fluorspar, vanadium,<br />

rhodium, uranium, copper, limestone, slate, phosphate, manganese,<br />

coal and nickel. There are also significant stone and granite operations.<br />

Volatility in global markets has led to the price of platinum dropping<br />

very steeply, leading to large-scale lay-offs at some mines, but analysts<br />

believe that the price will recover in <strong>2017</strong>. AngloGold Ashanti, which has<br />

five gold mines on the border of <strong>North</strong> <strong>West</strong> and the Free State province,<br />

and employs nearly 25 000<br />

across all its operations in South<br />

Africa, is considering reducing its<br />

workforce.<br />

All companies operating in<br />

South Africa are expected to<br />

register with the Unemployment<br />

Insurance Fund (UIF) so that<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

30


OVERVIEW<br />

workers who suffer retrenchment<br />

will receive a pay-out to support<br />

them while they look for new<br />

employment.<br />

The overall picture for platinum<br />

group metals (PGM) looks<br />

rather better, with chrome in<br />

particular rallying in the second<br />

half of 2016. Palladium and<br />

rhodium have also increased<br />

in price.<br />

The results produced by<br />

Royal Bafokeng Platinum<br />

(RBPlat) in 2016 reflected how<br />

things have changed since the<br />

platinum boom of a just a few<br />

years ago. RBPlat (originally a<br />

joint venture between Anglo<br />

American Platinum and Royal<br />

Bafokeng Holdings) turned a<br />

profit of nearly R600-million in<br />

2014 but the lower prices have<br />

pushed back the construction of<br />

the company’s Styldrift I Project<br />

and led to reduced production<br />

at the Bafokeng Rasimone mine,<br />

resulting in a loss in 2015.<br />

Royal Bafokeng Holdings is<br />

the investment vehicle of the<br />

100 000 members of the<br />

Setswana-speaking Royal<br />

Bafokeng Nation who live in the<br />

Rustenburg valley.<br />

Another partnership with<br />

a community is the Sedibelo<br />

Platinum mine, where the local<br />

Bakgatla traditional authority<br />

has a 26% stake on behalf of the<br />

community (in the Moses Kotane<br />

Municipality of the Bojanala district).<br />

Main community projects<br />

concentrate on water supply,<br />

roads and bursaries for local students.<br />

A hydroponic farm and a<br />

brickworks have been initiated.<br />

Sedibelo (formerly Platmin),<br />

which received investments<br />

from the Industrial Development Corporation (2012) and Pallinghurst<br />

(2014), has a 100-Moz PGM resource base.<br />

Buying and selling<br />

• Impala Platinum is selling its 65% share in Impala Chrome, an<br />

extraction business which is located in Rustenburg.<br />

• The Evraz Group has sold its 78.8% in Brits-based Vametco, a mine<br />

and plant that produces vanadium. Bushveld Minerals, which is<br />

listed on the Alternative Investment Market in London, is the buyer.<br />

• Rustenburg Platinum Mines Limited (including three mine shafts,<br />

two concentrating plants and on-site chrome recovery plant) has<br />

been sold by Anglo American to Sibanye Gold. This is part of the<br />

broader Anglo American strategy to divest itself of a number of its<br />

assets, and also points to a strong acquisitions strategy that Sibanye<br />

Gold has embarked on since it was established in 2012. With some<br />

other acquisitions, Sibanye now controls about 800 000 ounces<br />

of platinum and uranium as a by-product of its gold production.<br />

With the possibility that it will also buy coal mines, Sibanye Gold<br />

will likely change its name in the near future as it looks more like<br />

a resources company.<br />

SEZ and SPI<br />

The Platinum Valley Special Economic Zone (SEZ) is to be established<br />

at Mogwase in the Bojanala District, north of Rustenburg and east of<br />

Sun City. When fully developed, 200ha of land will be given over to<br />

three infrastructure facilities comprising Logistics, Light Manufacturing<br />

and Heavy Manufacturing. Areas of investment that are expected to<br />

grow fastest include fuel cell technology (in which platinum is a vital<br />

component), machinery for mining, energy generation and renewable<br />

energy component manufacturing.<br />

A range of incentives will be available to potential investors via the<br />

national Department of Trade and Industry (dti). By way of example,<br />

the 121 Tax Allowance Incentive offers capital investment allowances<br />

and training support up to R900-million for new or existing industrial<br />

projects. There are a number of other incentives specific to investors<br />

in an SEZ.<br />

The Seda Platinum Incubator (SPI) is an initiative of the Platinum Trust<br />

of South Africa and is funded by the Small Enterprise Development<br />

Agency (Seda) through its Seda Technology Programme (Stp)<br />

with the support of the <strong>North</strong> <strong>West</strong> Provincial Government and<br />

private companies.<br />

Located in Rustenburg, the SPI trains people through the making<br />

of jewellery, chiefly the design and manufacture of platinum group<br />

31 NORTH WEST BUSINESS <strong>2017</strong>


OVERVIEW<br />

metal (PGM) jewellery. Small PGM jewellery-manufacturing enterprises<br />

and individuals are located at the centre or supported by<br />

email correspondence. A three-year period of incubation is offered<br />

to small businesses.<br />

Chrome<br />

There are 20 chromite mines in <strong>North</strong> <strong>West</strong> Province. The mines are<br />

located along a reef running from Brits to Rustenburg and they are<br />

serviced by several ferrochrome smelters. South Africa produces about<br />

70% of the world’s chrome, with most of that originating in <strong>North</strong><br />

<strong>West</strong> Province.<br />

Most chromite is processed into ferrochrome, a vital component<br />

in the making of steel. South Africa produces 40% of the world’s<br />

ferrochrome.<br />

Diamonds<br />

Diamonds are found in several parts of the <strong>North</strong> <strong>West</strong>: Lichtenburg,<br />

Koster and Ventersdorp near the centre, and Christiana and Bloemhof<br />

further south. Rockwell Diamonds sold its Tirisano mine near<br />

Ventersdorp in 2015, to a group of royalty miners who had been<br />

working on the site.<br />

Gold<br />

Several major companies are active in the area where the provinces of<br />

Gauteng, Free State and Gauteng meet: Anglogold Ashanti, Harmony<br />

and DRD. AngloGold Ashanti’s Tau Tona operation is located in<br />

<strong>North</strong> <strong>West</strong>.<br />

ONLINE RESOURCES<br />

Chamber of Mines of South Africa: www.chamberofmines.org.za<br />

Geological Society of South Africa: www.gssa.org.za<br />

Industrial Development Corporation: www.idc.co.za<br />

Mining Qualifications Authority (MQA): www.mqa.org.za<br />

National Department of Energy: www.energy.gov.za<br />

National Department of Mineral Resources: www.dmr.gov.za<br />

National Department of Trade and Industry: www.dti.gov.za<br />

<strong>North</strong> <strong>West</strong> Development Corporation: www.nwdc.co.za<br />

South African Institute of Mining and Metallurgy:<br />

www.saimm.co.za<br />

In 2015, Chinese company<br />

Heaven-Sent acquired the<br />

gold mine of Village Main Reef,<br />

Tau Lekoa near Klerksdorp.<br />

(Buffelsfontein gold mine closed<br />

in 2013.)<br />

Harmony Gold has two<br />

mines in the province: Kal Gold<br />

and Kusasalethu (formerly<br />

Elandsrand). The company<br />

has announced an employee<br />

share-option plan (ESOP) where<br />

about 33 000 employees across<br />

Harmony operations will take up<br />

ownership of just less than 3% of<br />

the company. South Africa’s thirdbiggest<br />

gold miner calculates that<br />

a qualifying employee might be<br />

paid out R10 000 for 100 ordinary<br />

shares after five years.<br />

Limestone and cement<br />

Limestone quarries run by G&W<br />

Base and Industrial Minerals in the<br />

Marico District are located next to<br />

a PPC cement factory.<br />

One of the last economically<br />

viable limestone deposits in South<br />

Africa is mined and processed by<br />

Sephaku Cement. Sephaku runs a<br />

6 000-ton per day clinker facility<br />

located near Lichtenburg.<br />

AfriSam, PPC and Lafarge already<br />

have a significant presence<br />

in the Mahikeng/Lichtenburg area,<br />

but Sephaku is confident that its<br />

clinker and cement-production<br />

facilities will be supported by raw<br />

materials for at least 30 years.<br />

Granite and slate are found in<br />

good quantities in the province, as<br />

is dimension stone. There are more<br />

than 20 quarry operations in the<br />

province, with Rustenburg being<br />

the centre of granite mining.<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

32


Wesizwe honours commitments<br />

made in social and labour plan<br />

as part of social license to operate<br />

P<br />

art of Wesizwe’s strategy in building good stakeholder<br />

relations with the host community is supporting the<br />

development of small medium and micro enterprises<br />

(SMMEs) and continuous engagements with stakeholders.<br />

The company creates strategic partnerships that support<br />

infrastructure development for basic services and needs,<br />

such as education, skills development and health. The<br />

main focus is on ensuring that the company enables,<br />

empowers and supports the host community.<br />

Currently, the largest SLP project so far undertaken by<br />

the company is the housing project for employees. The<br />

objective of this project is in line with the mining charter<br />

requirements on housing. The organization has taken<br />

proactive action in ensuring that the mine does not<br />

contribute to the creation of informal settlements while<br />

the company steps up the provision of formal housing.<br />

The focus is on developing a 2-phased housing scheme:<br />

Phase 1: 801 units and Phase 2: 1 504 units. This will be<br />

an integrated human settlement and to achieve this<br />

Wesizwe has forged strategic partnerships with <strong>North</strong><br />

<strong>West</strong> Department of Local Government and Human<br />

Settlements and the Social Housing Regulatory Authority<br />

(SHRA) in order to fund the development and Moses<br />

Kotane Local Municipality.<br />

Wesizwe Platinum is a public company incorporated in<br />

the Republic of South Africa with its shares listed on the<br />

JSE Securities Exchange (JSE).<br />

For more information on Wesizwe Platinum, visit the website – www.wesizwe.com


OVERVIEW<br />

Agriculture<br />

Grain and beef farming is done on a large scale in the <strong>North</strong> <strong>West</strong>.<br />

SECTOR INSIGHT<br />

Four district agri-parks will<br />

underpin the creation of<br />

processing plants and agribusinesses.<br />

• A Bonsmara bull was sold<br />

for R90 000 in 2016.<br />

A<br />

concerted effort to establish sustainable agri-processing, to<br />

promote food security and to promote local black businesses<br />

is being made through the establishment of four district<br />

agri-parks across the <strong>North</strong> <strong>West</strong>.<br />

The <strong>North</strong> <strong>West</strong> Department of Rural Environment and Agricultural<br />

Development (READ) is working together with national departments<br />

to implement the project: Rural Development and Land Reform,<br />

Agriculture Forestry and Fisheries and Department of Cooperative<br />

Governance and Traditional Affairs.<br />

Each of the agri-parks will have a specific focus:<br />

• Springbokpan, grain (Ngaka Modiri Molema District Municipality).<br />

The silo at this site has been renovated and is ready for use.<br />

• Vryburg: livestock, red meat (Dr Ruth Segomotsi Mompati District<br />

Municipality)<br />

• Moretele/Makapanstadt: red meat and horticulture (Bojanala<br />

District Municipality)<br />

• Maquassi Hills: pork and poultry (Dr Kenneth Kaunda District<br />

Municipality)<br />

Various agri-processing plants are under consideration for<br />

the city of Mahikeng: a feedlot and a meat processing plant,<br />

including an abattoir and packaging facilities. In Taung the plan is<br />

to establish an animal feed manufacturing plant.<br />

Variety<br />

<strong>North</strong> <strong>West</strong>’s distinct climatic regions are home to three very different<br />

types of agriculture. The dry western region is home to large beefcattle<br />

herds, and this is where<br />

the growing game-ranching and<br />

hunting industry has its base. An<br />

Absa Agribusiness study shows<br />

that a R5-million investment in<br />

cattle over six years makes a 4.8%<br />

return, against 27.7% for buffalo<br />

and 45.2% for sable.<br />

The eastern and north-eastern<br />

parts of the province receive relatively<br />

good rainfall and are suitable<br />

for the cultivation of crops.<br />

Grains<br />

Nearly two-million hectares<br />

is planted with summer cereals,<br />

with about 50 000 hectares<br />

given over to winter cereals. The<br />

<strong>North</strong> <strong>West</strong> produces about 20%<br />

of South Africa’s maize and about<br />

15% of its wheat. The central and<br />

southern sections of the province<br />

are dominated by maize and<br />

wheat farming.<br />

<strong>North</strong> <strong>West</strong>’s average contribution<br />

to the national maize crop<br />

over the six years to 2015 was about<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

34


OVERVIEW<br />

20%. The total yield in 2014 was<br />

14.2 million tons, an exceptionally<br />

good return, but then the<br />

drought brought yields down.<br />

Fully 31% more maize was<br />

planted for the <strong>2017</strong> harvest than<br />

had been possible in 2016. This<br />

amounted to 2.54-million hectares<br />

and represents good news<br />

for consumers. The very bad<br />

national drought had resulted<br />

in maize having to be imported<br />

which caused food prices to<br />

rise; the better planting should<br />

improve things. However, at the<br />

time of going to print there were<br />

concerns about an armyworm<br />

which had been detected in several<br />

parts of South Africa. Early<br />

detection may head off threats to<br />

the crop. The South African market<br />

consumes about 10.5-million<br />

tons of maize.<br />

Other crops<br />

When it comes to sunflower seed,<br />

<strong>North</strong> <strong>West</strong> is responsible for 33%<br />

of South Africa’s stock, and 23% of<br />

the nation’s groundnuts.<br />

The <strong>North</strong> <strong>West</strong> supplies 5.4% of<br />

South Africa’s potatoes, but parts of<br />

the Kalahari are ideally suited to the<br />

cultivation of seed potatoes.<br />

The province produces about<br />

11% of South Africa’s cotton harvest,<br />

which has been getting<br />

smaller for many years. There are<br />

plans to grow the sector again,<br />

particularly in small-scale farming<br />

sector. There are cotton operations<br />

near Sun City in the north<br />

of the province and in the Taung<br />

district in the far south.<br />

The Taung Irrigation Scheme<br />

covers about 36 000 hectares, and<br />

companies like McCain (potatoes), South African Breweries (barley) and<br />

Cotton South Africa (cotton) have standing orders with small-scale<br />

farmers. This water supply will also allow for the cultivation of highyield<br />

crops such as pecan nuts, paprika and olives.<br />

Livestock<br />

The western reaches of the province are sometimes called “South<br />

Africa’s Texas” with extensive cattle herds roaming on big farms.<br />

The <strong>North</strong> <strong>West</strong> has approximately 1.6-million beef cattle, representing<br />

12% of South Africa’s herd. Major breeds include Simmental,<br />

Brahman, Bonsmara and Simbra, a cross between the Brahman and<br />

Simmental breeds.<br />

Auctioneers Proveld Bonsmara achieved an average price of<br />

R34 000 for bulls at its November 2016 auction. One prize bull was sold<br />

for R90 000. A national initiative is promoting Nguni cattle. Vryburg is<br />

the centre of the beef-cattle breeding industry.<br />

Kalahari Red and Boerbok goats are found in large numbers in the<br />

dry west. The goats numbers for the province is estimated at 701 587<br />

which is 12% of South Africa’s total goats. There are estimated to be<br />

318 843 pigs, which is 20% of South Africa’s total drove.<br />

Companies<br />

One of South Africa’s biggest agricultural companies is Senwes. The<br />

company specialises in the storage and handling of grains and oilseeds.<br />

Its extensive silo infrastructure extends across the interior. Its<br />

headquarters are in Klerksdorp. Despite very challenging conditions,<br />

the Senwes Group had a turnover for 2015/16 of R9.2-billion.<br />

Suidwes is based south of Klerksdorp in Leeudoringstad. More than<br />

90% of the shares in the company are held by farmers. Grain handling<br />

is the main business and there are divisions for retail (17 outlets and<br />

one animal-feed depot), mechanisation, finance and research and<br />

agricultural economics (Terratek).<br />

Brits is the location of the headquarters of the MGK Group, formerly<br />

Magaliesberg Graan Kooperasie. Tau company runs five divisions and a<br />

plant that makes fullfat soy, a component in animal feed.<br />

ONLINE RESOURCES<br />

Agricultural Research Council: www.arc.agric.za<br />

National Department of Agriculture and Forestry: www.daff.gov.za<br />

<strong>North</strong> <strong>West</strong> Department of Agriculture, Conservation, Environment<br />

and Rural Development: www.nwpg.gov.za/agriculture<br />

35 NORTH WEST BUSINESS <strong>2017</strong>


OVERVIEW<br />

Energy<br />

Generation and manufacturing hold great potential.<br />

The sun shines in the <strong>North</strong> <strong>West</strong>, on average, 300 days of the year. In<br />

addition, the province mines more platinum than any other place on<br />

earth. These two facts combine to present a suite of opportunities<br />

for energy generation and for the manufacture of equipment for<br />

the energy sector.<br />

A start has been made, but the potential for investors is massive. The<br />

provincial unit of the Industrial Development Corporation is in discussion<br />

with the German manufacturer of solar panels who go beyond simply<br />

making the panels, they allow for horticulture under the farms. In this way,<br />

the installation of a solar farm can create 35 jobs per megawatt, instead<br />

of the usual average of 1.6 jobs per megawatt, and make a contribution<br />

to tackling food security.<br />

RustMo1, a 7MW solar farm at Buffelspoort, is already producing energy.<br />

Local company Momentous Energy, in partnership with a community trust<br />

(representing Lapologang and Tsakane) are behind the project which was<br />

installed by German company, juwi Renewable Technologies.<br />

This project is part of the national programme, the Renewable<br />

Energy Independent Power Producer Procurement Programme<br />

(REIPPPP) which aims to add some 6 000MW to the national grid by<br />

2020 (and 13 225MW by 2025).<br />

An opportunity for solar panel market manufacturers is being promoted<br />

by the <strong>North</strong> <strong>West</strong> Development Corporation at Mahikeng. Investors<br />

are sought to manufacture and supply panels to farms, housing schemes,<br />

the mining industry and government.<br />

The Potchefstroom campus of the <strong>North</strong> <strong>West</strong> University is home to<br />

HySA Infrastructure Centre for hydrogen production, storage and delivery.<br />

onal strategy designed to make use of hydrogen and fuel cell technology,<br />

particularly arising from platinum group metals (PGM).<br />

South Africa’s nuclear-research centre is located at Pelindaba near<br />

Hartbeespoort Dam, and is run by the South African Nuclear Energy<br />

Corporation. The Nuclear Engineering Department at <strong>North</strong> <strong>West</strong><br />

University (NWU) is the only one of its kind in the country, and the<br />

ONLINE RESOURCES<br />

National Department of Energy: www.energy.gov.za<br />

<strong>North</strong> <strong>West</strong> Development Corporation: www.nwdc.co.za<br />

SECTOR INSIGHT<br />

Fuel cell technology is an<br />

important field of study.<br />

• Manufacturers of solar<br />

panels are showing<br />

interest in investment.<br />

National Department of Science<br />

and Technology granted a chair<br />

in Nuclear Engineering to NWU.<br />

Bioethanol, biodiesel and methane<br />

gas from waste and renewable<br />

resources are among the types of<br />

biofuels being investigated.<br />

As a grain-producing area,<br />

<strong>North</strong> <strong>West</strong> Province is obviously<br />

well suited to supplying<br />

feed stock for biofuel projects,<br />

but a new set of national government<br />

guidelines has seen the<br />

emphasis in this nascent industry<br />

shift towards finding fuel stock<br />

from crops that are less likely to<br />

affect food security. These crops<br />

include sugar cane, sugar beet,<br />

canola and sunflower seeds.<br />

A debate is under way about<br />

changing national policy to allow<br />

surplus grain to be used for<br />

energy production.<br />

Sunflower seeds are very<br />

suitable for converting into biofuel,<br />

and the <strong>North</strong> <strong>West</strong> has an<br />

abundance of this crop. Sweet<br />

sorghum is a possible feedstock<br />

for processing into bioethanol.<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

36


Water<br />

The City of Tlokwe is a water award-winner.<br />

OVERVIEW<br />

The good rains that finally fell in the interior of South Africa in late<br />

2016 came as a great blessing after a long and painful drought.<br />

But in the <strong>North</strong> <strong>West</strong> province the rains came even later than<br />

in most places, putting extra strain on agriculture, towns and<br />

businesses. South Africa is a water-scarce country and water management<br />

is critical to economic planning. The western part of <strong>North</strong> <strong>West</strong><br />

Province is particularly dry.<br />

In the eastern part of the province, national government has sent<br />

water tanks to some parts, and has upgraded the treatment plants<br />

upstream from the Hartbeespoort Dam. Infrastructure in some cases<br />

has not been serviced for some time, and leaks and skills shortages in<br />

some municipalities are a problem.<br />

Three of South Africa’s six major catchment areas are located in the<br />

province: the Limpopo, the Orange and the Vaal. Within these catchment<br />

areas, only the Vaal River has a strong-enough flow to allow for<br />

significant amounts of water to be taken from it directly to support<br />

irrigation or industry. There are four water-management areas in the<br />

province, three of which are linked to the Vaal River. Water is imported<br />

into the provincial system through transfers between water basins.<br />

The province has 83 sewage-treatment plants, and the national Blue<br />

Drop award system has found most of them need a lot of improvement.<br />

In the period from 2009-2014, the municipalities found to have the<br />

best water systems were City of Tlokwe (Potchefstroom), Rustenburg,<br />

and the City of Matlosana (Klerksdorp). In that period Tlowe averaged<br />

97/100 but several water authorities struggled to make improvements.<br />

Tlokwe is one of only three municipalities in the country that acts<br />

as a water-service authority and as a service provider. The biggest<br />

service providers active in the <strong>North</strong> <strong>West</strong> are:<br />

• Rand Water<br />

• Magalies Water<br />

• Sedibeng Water (including Botshelo Water)<br />

ONLINE RESOURCES<br />

Blue Drop Awards: www.ewisa.co.za<br />

National Department of Water and Sanitation: www.dwa.gov.za<br />

SECTOR INSIGHT<br />

Rustenburg has introduced<br />

a digital data management<br />

system to control its services.<br />

• The village of Jericho received<br />

piped water in 2016.<br />

• Midvaal Water Company<br />

supplies water to Matlosana<br />

(Klerksdorp).<br />

The city of Rustenburg has<br />

created the Rustenburg Water<br />

Services Trust (RWST), a specialpurposes<br />

vehicle that runs the<br />

town’s relatively new water system.<br />

It was formed with Magalies<br />

Water acting as the public partner<br />

and operator, with Rustenburg<br />

Consulting Consortium (led by<br />

Bigen Africa) providing expertise.<br />

Hartbeespoort Dam is a significant<br />

factor in the water sector of<br />

the <strong>North</strong> <strong>West</strong> province. It receives<br />

water from the Crocodile, Jukskei<br />

and Magalies rivers. It also receives<br />

a lot of waste from the surrounding<br />

areas. The storm water that flows<br />

into the dam includes fertiliser<br />

and animal waste. Degraded river<br />

banks and wetlands in the catchment<br />

areas contribute to the problem.<br />

The result has been a build-up<br />

of phosphates in the dam, and various<br />

projects have been launched<br />

to tackle the problem–with<br />

variable success rates.<br />

37 NORTH WEST BUSINESS <strong>2017</strong>


OVERVIEW<br />

Manufacturing<br />

The <strong>North</strong> <strong>West</strong>’s strong resource base could underpin a much bigger manufacturing sector.<br />

Brits, Rustenburg, Tlokwe (Potchefstroom), Matlosana<br />

(Klerksdorp) and Mahikeng account for more than half of<br />

the total manufacturing capacity in <strong>North</strong> <strong>West</strong> Province.<br />

Mining beneficiation, automotive components and food<br />

and beverages play important roles in the sector, but there is scope<br />

to massively increase the scope for manufacturing in a wide range<br />

of other fields.<br />

The provincial government has pointed out that the share of manufacturing<br />

to the Growth Value Add (GVA) of the province is only 5%<br />

– a figure that must grow if employment is to grow along with the<br />

expanding economy.<br />

A provincial Integrated Manufacturing Strategy has been compiled.<br />

One of the report’s findings was that because <strong>North</strong> <strong>West</strong> is strategically<br />

located near to the industrial hub of Gauteng, has low input<br />

costs, lies on established trade routes and has easy access to natural<br />

resources, it should make the development of the chemical processing<br />

sector a good bet. This is especially true for phosphate and nitrogenbased<br />

fertilisers.<br />

Another provincial priority is to improve the link between rural and<br />

urban economies, something which a strong focus on agri-processing<br />

will achieve. As one of the country’s biggest producers of livestock,<br />

the <strong>North</strong> <strong>West</strong>’s automotive industry could profitably source hides<br />

for car seats locally. It is this sort of value-added tie-up that economic<br />

planners are looking at, as they aim to get more value out of the<br />

agricultural sector.<br />

The Industrial Development Corporation (IDC) is one of the bodies<br />

that is helping the province to expand (and maintain) the diversity<br />

of its manufacturing sector. The IDC sometimes gives loans<br />

ONLINE RESOURCES<br />

Automotive Industry Development Centre (AIDC): www.aidc.co.za<br />

Centre for Advanced Manufacturing: www.cfam.co.za<br />

Consumer Goods Council of South Africa: www.cgcsa.co.za:<br />

National Department of Trade and Industry: www.dti.gov.za<br />

<strong>North</strong> <strong>West</strong> Development Corporation: www.nwdc.co.za<br />

SECTOR INSIGHT<br />

The <strong>North</strong> <strong>West</strong> is encouraging<br />

phosphate and nitrogenbased<br />

fertiliser manufacturers<br />

to invest.<br />

• The Centre for Advanced<br />

Manufacturing at <strong>North</strong><br />

<strong>West</strong> University specialises<br />

in extruder technology.<br />

to help businesses weather<br />

bad times, at other times it<br />

extends loans (sometimes in<br />

exchange for equity) to new<br />

enterprises in new sectors.<br />

The Centre for Advanced<br />

Manufacturing (CFAM) is housed<br />

at <strong>North</strong> <strong>West</strong> University. The centre<br />

specialises in extruder technology,<br />

an important component<br />

in the food-manufacturing process.<br />

CFAM works with Gaborona<br />

Consulting, the Vaal University of<br />

Technology, Thripp (a dti technology<br />

programme) and ChemCity,<br />

a Sasol initiative.<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

38


Education and training<br />

The <strong>North</strong> <strong>West</strong> education sector covers high-level research to training for<br />

technicians and artisans.<br />

OVERVIEW<br />

Very advanced research can be found in the laboratories of<br />

<strong>North</strong> <strong>West</strong> University into subjects such as astrophysics<br />

and applied molecular modelling. At the same time, provincial<br />

education authorities are trying to overcome huge<br />

challenges at rural schools. An important part of the latter process is<br />

the expansion of boarding schools, to which an amount of R500-million<br />

has been allocated in the medium-term framework.<br />

The <strong>North</strong> <strong>West</strong> Provincial Government’s broader policy aimed at<br />

uplifting rural areas will see the Department of Education and Sport<br />

Development directing more resources to schools in the villages,<br />

townships and small dorpies (VTSD).<br />

There are 1 465 primary and high schools in the state sector in<br />

the <strong>North</strong> <strong>West</strong>. Spending on new infrastructure and on renovations<br />

is set to continue for many years, offering many opportunities<br />

to contractors.<br />

South Africa has more private or independent schools than ever before.<br />

The opening of the PLG Hartbeespoort Academy in 2016 marked the first<br />

investment into the province of the Pembury Lifestyle Group. PLG has 19<br />

schools on seven campuses, mostly in Gauteng. PLG intends listing on the<br />

Alternative Exchange of the JSE in order to raise capital for further expansion.<br />

Curro believes it will be running 200 schools in South Africa by 2020,<br />

double its current number. In the <strong>North</strong> <strong>West</strong> there are three Curro<br />

schools, in Rustenburg, Klerksdorp and Mahikeng.<br />

University<br />

<strong>North</strong> <strong>West</strong> University (NWU) had 67 000 students registered in 2015,<br />

with about 26 000 of studying by correspondence. The university’s<br />

main campus is at Potchefstroom with satellite campuses at Mmabatho<br />

and Vanderbijlpark.<br />

ONLINE RESOURCES<br />

National Department of Basic Education: www.education.gov.za<br />

National Department of Higher Education and Training:<br />

www.dhet.gov.za<br />

<strong>North</strong> <strong>West</strong> University: www.nwu.ac.za<br />

SECTOR INSIGHT<br />

A new private school has<br />

opened in Hartbeespoort.<br />

• Taung Agricultural College<br />

received R13.4-million<br />

from a Danish company.<br />

Colleges<br />

<strong>North</strong> <strong>West</strong> has three large<br />

TVET colleges. Vuselela TVET<br />

College has its headquarters<br />

in Klerksdorp, where there is<br />

also an accredited trade test<br />

centre. There are a further four<br />

campuses: Jouberton Centre for<br />

Engineering Studies; Matlosana<br />

Campus; Potchefstroom Centre<br />

for ICT; and Taung Campus.<br />

Orbit TVET College has three<br />

sites, Rustenburg, Mankwe and<br />

Brits and in 2015, the total headcount<br />

of students was 15 012.<br />

In 2015, the Taung Agricultural<br />

College received a R13.4-million<br />

donation from Danish catalysis<br />

company Haldor Topsøe The<br />

college had recently been reaccredited<br />

by the Council on<br />

Higher Education (CHE) to offer<br />

the NQF Level 6 Diploma<br />

in Agriculture specialising in<br />

Irrigation Technology.<br />

39 NORTH WEST BUSINESS <strong>2017</strong>


OVERVIEW<br />

Banking and financial services<br />

Financing for agricultural products is a big sector in the <strong>North</strong> <strong>West</strong>.<br />

SECTOR INSIGHT<br />

Miners are getting help to<br />

deal with debt.<br />

• Postbank’s full licence is<br />

imminent.<br />

All of the country’s major banks and financial institutions<br />

are represented in the <strong>North</strong> <strong>West</strong>. Financial services are<br />

available even in small towns, although the bigger cities<br />

like Potchefstroom, Rustenburg and Klerksdorp have a<br />

greater concentration and diversity.<br />

Financial services extend beyond advising rich people on how<br />

to invest their assets, or balance their portfolio. In a province where<br />

there has been some real financial distress brought about by bad<br />

times and retrenchments, something is being done to address this.<br />

A long strike in 2012 created tough conditions for some workers in<br />

the platinum sector. Anglo American Platinum has teamed up with<br />

Summit Financial Partners to help miners manage their debt and plan<br />

their finances better through a scheme called Nkululeko. Garnishee<br />

orders went down among the Nkululeko group by 80% between 2011<br />

and 2016. In 2016, Summit won a Constitutional Court judgement<br />

to the effect that the judiciary must keep an eye on emolument attachment<br />

orders (garnishees) to make sure they are fair. It had earlier<br />

been found by a High Court that some orders were grossly unfair and<br />

exploitative. Summit has an office in Hartbeespoort.<br />

The Association for Savings and Investment South Africa is<br />

behind another initiative called Project Qaphela, a financial literacy<br />

programme aimed at workers in the mining sector. The<br />

curriculum covers budgeting, saving, borrowing, understanding<br />

documents such as payslips and<br />

benefit statements and preparations<br />

for retirement. Partners<br />

in the programme include the<br />

National Union of Mineworkers,<br />

Sanlam and Coronation. In 2015,<br />

822 workers attended 29 workshops<br />

in Gauteng, Limpopo,<br />

Mpumalanga and <strong>North</strong> <strong>West</strong>.<br />

Ubank is owned by a trust<br />

that is managed by the Chamber<br />

of Mines and the National Union<br />

of Mineworkers (NUM). It has several<br />

branches in the <strong>North</strong> <strong>West</strong>.<br />

The Chartered Institute for<br />

Government Finance, Audit and<br />

Risk Officers trains and rewards<br />

entities such as city councils for<br />

clean audits. Dr Ruth Segomotsi<br />

Mompati District Municipality<br />

won an award in 2016 for risk<br />

management.<br />

In a province with a high<br />

proportion of rural citizens such<br />

as <strong>North</strong> <strong>West</strong>, the prospect of<br />

Postbank being upgraded to<br />

a full-service bank is positive<br />

news. In 2016 the bank (part of<br />

the South African Post Office,<br />

SAPO) received a first-level<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

40


OVERVIEW<br />

licence. Once a board of directors<br />

has been appointed and a company<br />

formed, the Reserve Bank<br />

is likely to grant the full licence.<br />

The current Postbank focusses<br />

on taking deposits and<br />

savings accounts. Postbank has<br />

secured a R3.7-billion loan to<br />

enable it to open its own loan<br />

book. The large geographical<br />

footprint of the Post Office will<br />

make the bank easily accessible<br />

to even remote parts of<br />

the country.<br />

Finscope’s 2014 survey of<br />

South African banking and<br />

financial surveys shows that<br />

between 2004 and 2014 a remarkable<br />

eight-million people<br />

were connected to the financial<br />

system in some way. Overall, the<br />

“financially included” reached<br />

31.4-million (up from 17.7-million<br />

in 2004). In a category called<br />

“formally served” which includes<br />

services other than formal banks<br />

with branch networks, the percentage<br />

of South Africans so<br />

served grew from 50% to 80%;<br />

in the “banked” category (more<br />

traditional but including new<br />

devices), the percentage grew<br />

from 46% to 75%.<br />

With agriculture being such<br />

an important part of the <strong>North</strong><br />

<strong>West</strong> economy, each of the Big<br />

Four banks has specialists in the<br />

province and dedicated units<br />

such as Nedbank Agribusiness.<br />

Focus areas for this unit are<br />

agronomy (grain, oil seeds,<br />

sugar and cotton), livestock<br />

(including game farming), horticulture<br />

(fruit and vegetables,<br />

for example), and secondary<br />

agriculture which covers agricultural<br />

processing and storage.<br />

Standard Bank has a R500-million black economic empowerment<br />

agricultural fund designed to connect farmers who have<br />

received farms in landreform projects to agri-businesses that will buy<br />

their produce.<br />

Another source of funding for farmers is the Land and Agricultural<br />

Development Bank of South Africa (Land Bank), a developmentfinance<br />

institution that falls under the national Ministry of Finance.<br />

The large agricultural companies all have finance divisions.<br />

CertiSure is a joint venture between NWK and Senwes that offers<br />

short-term insurance, crop insurance, financial planning, medical<br />

funds and funeral policies. Senwes Credit is a registered credit provider<br />

which offers asset financing in collaboration with Wesbank.<br />

Temo Agri (a division of Brits-based Magalies Graan Korporasie) and<br />

Noordwes Korporasie (Lichtenburg) have received the backing of<br />

the Industrial Development Corporation (IDC) to enable them to<br />

roll out agricultural credits to emerging farmers.<br />

The Royal Bafokeng Nation, a community of about 150 000 people<br />

living on platinum-rich land north-west of Rustenburg, is a shareholder<br />

in a large banking group and several of South Africa’s insurance<br />

companies through its investment company, Royal Bafokeng<br />

Holdings (RBH).<br />

South Africa’s “stokvel” (savings club) market is worth about<br />

R44-billion: Sanlam is developing products to tap into that market.<br />

Among innovations designed to reach the unbanked were Teba<br />

Bank’s allowing customers to deposit at supermarkets, Pick n Pay<br />

Go Banking (a division of Nedbank), 70% of Absa’s new ATMs (400 in<br />

one year) in poorer areas and Absa launched two mobile banks, FNB<br />

also created mobile branches and most of Standard Bank’s new sites<br />

were planned for townships. Standard Bank’s community-banking<br />

initiative offers a low-cost cellphone-banking service. Retailers can<br />

act as agents for the bank, even in very remote rural areas. Nedbank<br />

has Approve-it, which allows customers to accept or reject an<br />

Internet transaction by cellphone.<br />

ONLINE RESOURCES<br />

Auditor-General of South Africa: www.agsa.co.za<br />

Association for Savings and Investment South Africa:<br />

www.asisa.org.za<br />

Banking Association South Africa: www.banking.org.za<br />

Chartered Institute for Government Finance, Audit and Risk<br />

Officers: www.cigfaro.co.za<br />

Financial Services Board: www.fsb.co.za<br />

Public Investment Corporation: www.pic.gov.za<br />

South African Reserve Bank: www.resbank.co.za<br />

41 NORTH WEST BUSINESS <strong>2017</strong>


INTERVIEW<br />

Building the economy<br />

and communities of the<br />

<strong>North</strong> <strong>West</strong><br />

Provincial Head Retail and <strong>Business</strong> Banking Standard<br />

Bank <strong>North</strong> <strong>West</strong>, Mr Trevor Holtman, outlines what drives<br />

the bank and its staff in serving their clients in the province.<br />

Trevor Holtman<br />

BIOGRAPHY<br />

Trevor Holtman is the current<br />

Provincial Head of Standard<br />

Bank in the <strong>North</strong> <strong>West</strong> Province.<br />

His 23 years of banking<br />

experience began at the very<br />

bottom, and has included various<br />

senior roles in Retail Banking<br />

and <strong>Business</strong> Banking. His<br />

belief in people and that an organisation<br />

wins when its people<br />

are inspired to win has been the<br />

cornerstone of his leadership.<br />

What is Standard Bank’s purpose in South Africa?<br />

Standard Bank Group purpose is “Africa is our home, we drive her<br />

growth”. This is a phenomenal purpose that binds all Standard Bankers<br />

together; it talks about us as a bank and bankers being interwoven<br />

into the fabric of the continent. It shows that we are very clear in our<br />

understanding that we need to be instrumental in building the economies<br />

of Africa and helping the people of Africa reach their dreams and<br />

aspirations. We are very proud that we have a brand and a heritage<br />

that extends beyond 153 years and a unique presence in Africa and<br />

beyond – this has earned us our legitimacy and has earned us the trust<br />

of the communities and nations we serve. In the <strong>North</strong> <strong>West</strong> Province,<br />

where I serve, this is no different. <strong>North</strong> <strong>West</strong> is our home, and as a<br />

consequence we purposefully place ourselves in a position where<br />

we are instrumental in her growth, the growth of the communities<br />

within <strong>North</strong> <strong>West</strong> and the growth of our people that we serve. This<br />

is our unifying purpose.<br />

What is your footprint beyond South Africa?<br />

Our footprint in Africa is very extensive; we are represented in 17 countries,<br />

which makes us the bank to talk to about Africa. Furthermore, we<br />

are also represented in Hong Kong, China, Brazil, Isle of Man, Jersey,<br />

Mauritius, United Arab Emirates, United Kingdom and the United States.<br />

In your role of Provincial Head Retail and <strong>Business</strong> Banking,<br />

what is your strategy regarding Standard Bank’s<br />

business in the region?<br />

Our strategy in the <strong>North</strong> <strong>West</strong> Province aligns to the Group Strategy,<br />

at the core of which are some building blocks. One building block is<br />

our Vision. Our vision is to be the leading financial services organisation<br />

in, for and across Africa, delivering exceptional client experiences and<br />

superior value. This is what we endeavour to execute in the <strong>North</strong> <strong>West</strong><br />

Province. We do so by ensuring that we hold ourselves to the highest<br />

standards when it comes to service, and by ensuring that management<br />

and leadership of the province are accessible to our customers<br />

and stakeholders. Most significantly, we do so by ensuring that we<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

42


INTERVIEW<br />

provide our customers with solutions and services<br />

that meet their needs and help them to reach their<br />

aspirations and dreams.<br />

“WE NEED TO BE<br />

INSTRUMENTAL IN BUILDING<br />

THE ECONOMIES OF AFRICA<br />

AND HELPING THE PEOPLE<br />

OF AFRICA REACH THEIR<br />

DREAMS AND ASPIRATIONS.”<br />

Has Standard Bank introduced any new<br />

products and services recently?<br />

We are extremely excited to offer the business<br />

community in the <strong>North</strong> <strong>West</strong> Province Ucount for<br />

business. This is our latest offering geared towards<br />

the SME segment. Members can collect rewards by<br />

using their Standard Bank <strong>Business</strong> Credit, Cheque<br />

or Debit Card to pay for the everyday running of<br />

their operations. We also have another new exciting<br />

offering for our Private Banking clients where<br />

they will have access to Café Blue, Library Lounge<br />

and Connection Hub, which are our own spectacular<br />

airport lounges at OR Tambo domestic airport. This<br />

is just to mention a few. The take up in the province,<br />

although in its infancy, suggests that this offering is<br />

addressing a need. Where we are extremely satisfied<br />

is that we are able to show our customers tangible<br />

appreciation for choosing to partner with us<br />

with respect to their banking needs. Ucount means<br />

exactly that: You! Our customers, count.<br />

What sectors are you finding to be the<br />

most active when it comes to clients<br />

requesting loans to start or expand<br />

businesses?<br />

The sectoral activity in the <strong>North</strong> <strong>West</strong> Province is<br />

rather spread, and rightfully so, and we are finding<br />

activity in hospitality, transportation, suppliers<br />

to Provincial Government, retail and franchising,<br />

agriculture, construction, etc.<br />

Is agriculture a focus area for Standard<br />

Bank in the <strong>North</strong> <strong>West</strong>?<br />

The farming community is very important to us in<br />

the <strong>North</strong> <strong>West</strong> Province and as a bank we work very<br />

closely with this community. We have the necessary<br />

agricultural expertise, support and infrastructure<br />

within the province to assist our agricultural customers<br />

with all of their farming needs and requirements.<br />

We are represented throughout the province and are<br />

readily available to discuss farming and how we can<br />

assist as a bank.<br />

Contact person: Trevor Holtman<br />

Postal address: PO Box 46, Rustenburg, 0300<br />

Physical address: 2nd Floor, Barongwa<br />

Building, cnr Nelson Mandela and Bosch Street,<br />

Rustenburg 0299<br />

Tel: 014 591 6184<br />

Email: Trevor.Holtman@standardbank.co.za<br />

43 NORTH WEST BUSINESS <strong>2017</strong>


OVERVIEW<br />

Development finance and<br />

SMME support<br />

Public and private sector funding is available for entrepreneurs.<br />

SECTOR INSIGHT<br />

<strong>Business</strong>es in the agricultural<br />

chain are popular.<br />

• Elvema Nutritions is exporting<br />

tons of porridge.<br />

Small, medium and micro-enterprises are a key element of<br />

plans to involve more South Africans in the economy. SMMEs<br />

drive growth and create employment. In the <strong>North</strong> <strong>West</strong>, the<br />

agricultural supply chain is seen as one of the best ways of involving<br />

rural communities and entrepreneurs in the world of business,<br />

and a number of strategies are being implemented by government<br />

and private enterprise to make this happen.<br />

A centralised supplier database has been established in the <strong>North</strong><br />

<strong>West</strong> and the provincial government wants small businesses to get<br />

registered so they can tender for work.<br />

The <strong>North</strong> <strong>West</strong> Development Corporation and the provincial<br />

Department of Finance have held workshops to inform small business<br />

owners about what help is available to them.<br />

There are plans for government to provide surety for stock in warehouses<br />

so that tuckshop entrepreneurs can more easily get supplies.<br />

This plan is linked to trying to fight hunger and poverty, with the stock<br />

available being basic foods. A possible partner in this is the National<br />

African Federated Chamber of Commerce and Industry (NAFCOC) because<br />

it has a good footprint across many areas. NAFCOC and Transnet<br />

have teamed up with the provincial government to help set up 15<br />

community bakeries, most of which are run by women.<br />

The premier of <strong>North</strong> <strong>West</strong>, Mr<br />

Supra Mahumapelo, has committed<br />

to a number of measures to<br />

enhance small businesses, especially<br />

in rural areas. He noted the<br />

need for following in the State of<br />

the Province address in 2016:<br />

• getting rid of restrictive<br />

by-laws<br />

• faster awarding of tenders<br />

• faster EIA application<br />

processes<br />

• government offices to be closer<br />

to places where businesses<br />

operate<br />

• improved infrastructure and<br />

government coordination.<br />

Agribusiness and agri-processing<br />

are among the three<br />

sectors that are targeted by the<br />

Masisizane Fund for loan financing.<br />

The others are franchising/<br />

commercial and supply chain/<br />

manufacturing. Over and above<br />

loans that are available, some<br />

training is offered through a<br />

<strong>Business</strong> Accelerator Programme.<br />

The Industrial Development<br />

Corporation is a strategic lender<br />

and plays a strong role in<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

44


OVERVIEW<br />

supporting small and emerging<br />

enterprises in the <strong>North</strong> <strong>West</strong><br />

province.<br />

The Kgatelopele Wellness<br />

Centre in Mahikeng has not only<br />

became a viable business, employing<br />

100 people, but provides<br />

a critical service ranging from<br />

therapy to the treatment of acute<br />

ailments. An initial loan of R34-<br />

million from the IDC helped and<br />

advised a local clinical psychologist<br />

in successfully teaming up<br />

with the hospital management<br />

group CareCure. Jobs that have<br />

been created range from porters<br />

and nursing staff to occupational<br />

therapists.<br />

PrimaBake makes eight kinds<br />

of biscuits in Potchefstroom. The<br />

IDC’s initial investment in construction<br />

costs, machinery and<br />

delivery vehicles for this bakery<br />

was strategic in the sense that<br />

the biscuit market is somewhat<br />

dominated by a few big companies.<br />

The IDC has also played an<br />

advisory role for the company.<br />

The Booth Suite Hotel is a family<br />

project that drew the support<br />

of the IDC for a self-catering facility<br />

aimed at the business traveller<br />

in Mahikeng. The Bootha siblings,<br />

Shaah, Farzeen and Saffiyah, two<br />

of whom are chartered accountants,<br />

qualified for the Gro-E Youth<br />

scheme which supports young<br />

entrepreneurs.<br />

The Bio-manufacturing<br />

Industry Development Centre<br />

(BIDC) is a unit of the Council for<br />

Scientific and Industrial Research<br />

(CSIR) which is helping innovators<br />

and entrepreneurs get their<br />

products to market. Elvema<br />

Nutritions instant porridges<br />

and power shakes are made by<br />

entrepreneur Makekele Somo-Tladi at her plant near the Hartbeespoort<br />

Dam. With the help of the BIDC, 31 employees have shipped 500 tons<br />

of porridge to other countries in Southern Africa and a further 250<br />

tons in South Africa. She also makes oils and teas, 300 tons of which<br />

has already been produced.<br />

The Small Enterprise Development Agency (Seda) is a subsidiary<br />

of the National Department of Trade and Industry (dti) and is one<br />

of the most active agencies in supporting entrepreneurs. The Seda<br />

Technology Programme (Stp) helps potential businesses become<br />

trading entities.<br />

Seda has initiated a programme designed to make co-operatives<br />

and jointly owned enterprises stronger. The four key sectors are: agriprocessing,<br />

community tourism and protected areas, mining and mineral<br />

beneficiation, and trading. The agency supports businesses across<br />

a range of sectors, from transport to jewellery design and manufacture.<br />

The <strong>North</strong> <strong>West</strong> Development Corporation (NWDC) is the economic<br />

development agency of the province. Among the NWDC’s services is<br />

helping SMMEs gain access to funding and providing the infrastructure<br />

(offices or factory space) to help them succeed. The NWDC also helps<br />

start-up businesses identify markets and opportunities.<br />

A private initiative that is creating employment is Anglo American’s<br />

Zimele: it has launched more than 900 businesses across the country<br />

with a combined annual turnover approaching R2-billion. There are<br />

small business hubs at Rustenburg, Mogwase and Thabazimbi.<br />

Royal Bafokeng Platinum is supporting a project to boost the<br />

business skills of entrepreneurs. The Micro Enterprise Development<br />

Organisation (Medo) is sending a mobile office to 29 villages within<br />

the Royal Bafokeng Nation.<br />

Shanduka Black Umbrellas has an incubator in Mooi Nooi, near<br />

Marikana. One of the success stories from that area is Montamaisa<br />

Bosigo Transport, which has expanded his business beyond being a<br />

taxi and now does staff transport and courier services. The business<br />

owner credits the training given him by Shanduka for his progress.<br />

ONLINE RESOURCES<br />

Development Bank of Southern Africa: www.dbsa.org<br />

Industrial Development Corporation: www.idc.co.za<br />

National African Federated Chamber of Commerce and Industry:<br />

www.nafcoc.org.za<br />

National Department of Small <strong>Business</strong> Development:<br />

www.dsbd.gov.za<br />

National Department of Trade and Industry: www.dti.gov.za<br />

National Empowerment Fund: www.nefcorp.co.za<br />

<strong>North</strong> <strong>West</strong> Development Corporation: www.nwdc.co.za<br />

Small Enterprise Development Agency: www.seda.org.za<br />

Small Enterprise Finance Agency: www.sefa.org.za<br />

45 NORTH WEST BUSINESS <strong>2017</strong>


INTERVIEW<br />

David McGluwa<br />

Focussed funding<br />

on youth-owned<br />

businesses is a<br />

strategic priority<br />

Regional Manager for the Industrial Development Corporation<br />

(IDC) in the <strong>North</strong> <strong>West</strong>, David McGluwa, expands on<br />

the diversity of projects funded by the corporation, from<br />

tourism and mining, to renewable energy, manufacturing<br />

and agro-processing.<br />

BIOGRAPHY<br />

Having obtained qualifications<br />

in commerce, finance and executive<br />

management, culminating<br />

in a Masters in <strong>Business</strong><br />

Leadership, David McGluwa<br />

worked in various financial<br />

fields including trade, debt and<br />

international financing. He has<br />

led the <strong>North</strong> <strong>West</strong> office since<br />

2008 and is a member of a national<br />

infrastructure commission,<br />

Strategic Project 8 (Green<br />

Industries).<br />

Most people associate the <strong>North</strong> <strong>West</strong> with mining but<br />

the regional economy is in fact quite diverse. Where<br />

should entrepreneurs be looking for opportunity?<br />

Mining remains the key driver of economic growth and job creation<br />

in the Province. However, there are many other sectors that provide<br />

opportunities for investors and entrepreneurs in the <strong>North</strong> <strong>West</strong>. The<br />

tourism sector arguably provides the biggest opportunities, with<br />

prominent National Parks Pilanesberg and Madikwe being home to<br />

the big five. Other tourism key points include Hartbeespoortdam,<br />

Sun City, Bloemhof Dam, the Taung Skull and Taung Dam as well as<br />

the city of Mahikeng.<br />

In the manufacturing sector there are opportunities worth pursuing<br />

in automotive components, mining supplies, the localisation of<br />

imported goods and cultural artefacts.<br />

Agriculture is a big feature of the <strong>North</strong> <strong>West</strong>’s economy and there<br />

are good prospects in processing (sunflower, feed and vegetables)<br />

and in various schemes such as the Taung Irrigation Scheme and<br />

the new concept of Agri-Parks, which will create opportunities for<br />

storage and trade.<br />

Both the green economy and waste management offer business<br />

owners a chance to run sustainable businesses while at the same<br />

time contributing to cleaner energy provision and cleaner communities.<br />

Photo-voltaic solar units can be manufactured and the<br />

opportunities for waste collection, baling, processing and recycling<br />

will always be with us.<br />

What sort of projects has the IDC supported in the<br />

course of funding 52 projects?<br />

We have a diverse portfolio of projects ranging from mining, tourism,<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

46


agriculture, manufacturing and healthcare. Youthowned<br />

businesses in the province have recently<br />

received IDC funding of R124-million, which created<br />

109 direct jobs. We also funded a sub-acute<br />

hospital, Care Cure Thaneze in Mahikeng, which is<br />

majority owned by black women, and it is doing extremely<br />

well. IDC also funded Momentous Energy,<br />

a solar farm outside of Rustenburg, 17% of which is<br />

owned by the community around Marikana.<br />

Are there opportunities for entrepreneurs<br />

to get involved in the beneficiation<br />

of mining products?<br />

The Platinum Valley Special Economic Zone (SEZ) will<br />

certainly boost beneficiation initiatives in the province.<br />

Hydrogen South Africa (HySA), based at the<br />

<strong>North</strong> <strong>West</strong> University’s Potchefstroom Campus, is<br />

working on exciting game-changing initiatives that<br />

will further boost beneficiation. The province is also<br />

host to the country’s only platinum incubator, the<br />

Seda Platinum Incubator (SPI) which has produced<br />

many entrepreneurs in jewellery manufacturing. The<br />

IDC is involved in all of these important initiatives,<br />

the SEZ, HySA and SPI.<br />

What is the <strong>North</strong> <strong>West</strong> branch doing<br />

to empower youth, women and blackowned<br />

businesses in the province?<br />

The IDC recently set aside R4.5-billion to<br />

INTERVIEW<br />

finance youth-owned enterprises<br />

in South Africa, with<br />

R1-billion of that being offered at<br />

the very attractive lending rate<br />

of prime less 3%. In the last two<br />

years we have approved R124-<br />

million to youth-owned entities.<br />

We have an intentional and focussed<br />

strategy to fund many<br />

more youth-owned entities in<br />

the <strong>North</strong> <strong>West</strong>.<br />

The IDC also funded 13 projects<br />

in the province where<br />

women have a significant stake<br />

and we intend to disburse R23-<br />

billion to black industrialists<br />

over the next five years. Black<br />

empowered companies in the<br />

<strong>North</strong> <strong>West</strong> Province currently receive R5.6-billion<br />

(90%) of IDC funding.<br />

“THE IDC INTENDS TO<br />

DISBURSE R23-BILLION TO<br />

BLACK INDUSTRIALISTS OVER<br />

THE NEXT FIVE YEARS.”<br />

What levels of funding will flow from the<br />

IDC in the near future?<br />

The IDC plans to disburse R100-billion over the next<br />

five years into the South African economy. There is<br />

no set amount allocated per province, it is the responsibility<br />

of each provincial office to ensure that<br />

their province gets its equitable stake. The <strong>North</strong><br />

<strong>West</strong> currently contributes 6% to the SA GDP and<br />

I am confident that we can disburse a significant<br />

amount of funding into the <strong>North</strong> <strong>West</strong> economy<br />

over the next five years.<br />

47 NORTH WEST BUSINESS <strong>2017</strong>


LISTING<br />

<strong>North</strong> <strong>West</strong> Provincial Government<br />

A guide to <strong>North</strong> <strong>West</strong> Province’s government departments. Visit: www.nwpg.gov.za<br />

Office of the Premier<br />

Premier: Supra Obakeng Mahumapelo<br />

3rd Floor, Garona Building, Dr James Moroka Drive, Mmabatho 2735<br />

Tel: +27 18 388 2448 | Fax: +27 18 388 2008<br />

Website: www.nwpg.gov.za<br />

Department of Community Safety and<br />

Transport Management<br />

MEC: Dr Mpho Motlhabane<br />

Safety House 31-34, Molopo Road, Mahikeng 2735<br />

Tel: +27 18 381 9187<br />

Website: www.nwpg.gov.za/public-safety/new<br />

Department of Culture, Arts and<br />

Traditional Affairs<br />

MEC: Ontlametse Mochware<br />

2nd Floor, Gabomotho Building, James Maroka Drive, Mmabatho 2735<br />

Tel: +27 18 388 2809/10 | Fax: +27 18 388 1907<br />

Website: www.nwpg.gov.za/dcata<br />

Department of Education and Sport<br />

Development<br />

Sello Lehari<br />

2nd Floor, Garona Building, Dr James Moroka Drive, Mmabatho 2735<br />

Tel: +27 18 388 2562/2564 | Fax: +27 18 388 384 5016<br />

Website: www.nwdesd.gov.za<br />

Department of Finance, Economy and<br />

Enterprise Development<br />

MEC: Wendy Nelson<br />

2nd Floor, Garona Building,Dr James Moroka Drive,<br />

Mmabatho 2735<br />

Tel: +27 18 388 1363 | Fax: +27 18 388 1704<br />

Website: www.treasury.nwpg.gov.za<br />

Department of Health<br />

MEC: Dr Magome Masike<br />

National Health Office Park, Cnr 1st Street and Sekome Road, Building,<br />

Mahikeng 2745<br />

Tel: +27 18 391 400/1 | Fax: 086 692 9553 (SA only)<br />

Website: www.nwhealth.gov.za/dohnw<br />

Department of Local Government and<br />

Human Settlements<br />

MEC: Fenny Gaolaolwe<br />

3366 Bessemer Street, Telkom Building, Industrial Site, Mahikeng 2735<br />

Tel: +27 18 387 4065<br />

Fax: 086 586 9597 (SA only)<br />

Website: www.nwpg.gov.za/HumanSettlements/Site<br />

Department of Public Works and Roads<br />

MEC: Madoda Sambatha<br />

Ngaka Modiri Molema Road, Old Parliament Complex,<br />

Provincial Head Office, Mmabatho 2735<br />

Tel: +27 18 388 1454<br />

Fax: +27 18 388 1819<br />

Website: www.nwpg.gov.za/publicworks<br />

Department of Rural, Environment and<br />

Agricultural Development<br />

MEC: Manketsi Tlhape<br />

Ground Floor, Agricentre Building, Cnr Dr James Moroka Drive and<br />

Stadium Road, Mmabatho 2735<br />

Tel: +27 18 389 5056<br />

Fax: +27 18 384 2679<br />

Website: www.nwpg.gov.za/agriculture<br />

Department of Social Development<br />

Acting MEC: Fenny Gaolaolwe<br />

Provident House Building, University Drive,<br />

Mmabatho 2735<br />

Tel: +27 18 388 2476<br />

Website: www.nwpg.gov.za/dsdwcpd<br />

Department of Tourism<br />

MEC: Desbo Mohono<br />

1st Floor, NWDC Building, Cnr Provident Street and University Drive,<br />

Mmabatho 2735<br />

Tel: +27 18 387 7995<br />

Website: www.nwpg.gov.za/Tourism<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

48


<strong>North</strong> <strong>West</strong> Local Government<br />

LISTING<br />

BOJANALA PLATINUM DISTRICT<br />

MUNICIPALITY<br />

Tel: +27 14 590 4500 | Fax: +27 14 592 6085<br />

Website: www.bojanala.gov.za<br />

Kgetleng Rivier Local Municipality<br />

Tel: +27 14 543 2004 | Fax: +27 14 543 2480<br />

Website: www.kgetlengrivier.gov.za<br />

Madibeng Local Municipality<br />

Tel: +27 12 318 9100 | Fax: +27 12 318 9203<br />

Website: www.madibeng.gov.za<br />

Moretele Local Municipality<br />

Tel: +27 12 716 1000 | Fax: +27 12 716 9999<br />

Website: www.moretele.org.za<br />

Moses Kotane Local Municipality<br />

Tel: +27 14 555 1300 | Fax: +27 14 555 6368<br />

Website: www.moseskotane.gov.za<br />

Rustenburg Local Municipality<br />

Tel: +27 14 590 3111 | Fax: +27 14 590 3006<br />

Website: www.rustenburg.gov.za<br />

DR RUTH SEGOMOTSI MOMPATI DISTRICT<br />

MUNICIPALITY<br />

Tel: +27 53 928 4700 | Fax: +27 53 927 2401<br />

Website: www.rsmompatidm.gov.za<br />

Greater Taung Local Municipality<br />

Tel: +27 53 994 9400 | Fax: +27 53 994 3917<br />

Website: www.greatertaung.gov.za<br />

Lekwa-Teemane Local Municipality<br />

Tel: +27 53 441 2206 | Fax: +27 53 441 3735<br />

Website: www.lekwateemane.co.za<br />

Mamusa Local Municipality<br />

Tel: +27 53 963 1331 | Fax: +27 53 963 2474<br />

Website: www.mamusa.gov.za<br />

Kagisano-Molopo Local Municipality<br />

Tel: +27 53 933 0029 | Fax: +27 53 933 0035<br />

Naledi Local Municipality<br />

Tel: +27 53 928 2200 | Fax: +27 53 927 3482<br />

website www.naledilocal.co.za<br />

NGAKA MODIRI MOLEMA DISTRICT<br />

MUNICIPALITY<br />

Tel: +27 18 381 9400<br />

Website: www.nmmdm.gov.za<br />

Ditsobotla Local Municipality<br />

Tel: +27 18 632 5051 | Fax: +27 18 632 5247<br />

Website: www.ditsobotla.co.za<br />

Mahikeng Local Municipality<br />

Tel: +27 18 389 0111 | Fax: +27 18 384 4830<br />

Ramotshere Moiloa Local Municipality<br />

Tel: +27 18 642 1081 | Fax: +27 18 642 3586<br />

Website: www.ramotshere.gov.za<br />

Ratlou Local Municipality<br />

Tel: +27 18 330 7000 | Fax: +27 18 330 7019<br />

Website: www.ratlou.gov.za<br />

Tswaing Local Municipality<br />

Tel: +27 53 948 0900 | Fax: +27 53 948 1500<br />

Website: www.tswaing.gov.za<br />

DR KENNETH KAUNDA DISTRICT<br />

MUNICIPALITY<br />

Tel: +27 18 473 8016<br />

Fax: +27 18 473 2938<br />

Website: www.kaundadistrict.gov.za<br />

City of Matlosana Local Municipality<br />

Tel: +27 18 487 8000 | Fax: +27 18 464 2318<br />

Website: www.matlosana.gov.za<br />

Maquassi Hills Local Municipality<br />

Tel: +27 18 596 1067 | Fax: +27 18 596 1555<br />

Merafong Local Municipality<br />

Tel: +27 18 788 9500 | Fax: +27 18 786 1105<br />

Website: www.merafong.gov.za<br />

Tlokwe Local Municipality<br />

Tel: +27 18 299 5111 | Fax: +27 18 297 0477<br />

Website: www.tlokwecitycouncil.co.za<br />

Ventersdorp Local Municipality<br />

Tel: +27 18 264 8500 | Fax: +27 18 264 8567<br />

Website: www.ventersdorp.co.za<br />

49 NORTH WEST BUSINESS <strong>2017</strong>


LISTING<br />

INDEX<br />

Industrial Development Corporation (IDC)................................................................ 44, OBC<br />

Madibeng Local Municipality................................................................................................ 14<br />

Mmabatho Palms Hotel Casino Convention Resort........................................................... 18<br />

Nedbank......................................................................................................................... 24 - 27<br />

<strong>North</strong> <strong>West</strong> Development Corporation (NWDC)................................................................ IFC<br />

Office of the Premier............................................................................................................... 6<br />

Rustenburg Chamber of Commerce...................................................................................... 5<br />

Standard Bank.............................................................................................................. 40, IBC<br />

SA Express............................................................................................................................. 20<br />

Unemployment Insurance Fund (UIF).................................................................................... 3<br />

Wesizwe Platinum.................................................................................................................. 31<br />

Wesvaal Chamber of <strong>Business</strong>............................................................................................... 5<br />

NORTH WEST BUSINESS <strong>2017</strong><br />

50


The NWDC has 10 branches across the <strong>North</strong><br />

<strong>West</strong> Province and its surrounding areas such as<br />

Babelegi and Ga-Rankuwa in Gauteng and the<br />

<strong>North</strong>ern Banking Cape, offering an for extensive your range of business<br />

services. These services include:<br />

Standard Bank understands that as a business owner, you would<br />

• Property rentals (Industrial, retail and<br />

prefer to free up your time and focus on running your business. Its<br />

residential)<br />

online banking solutions allow you to do that.<br />

• Exporter support<br />

• Investor assistance<br />

•<br />

We<br />

Industry development<br />

understand that to manage your business you cannot<br />

• Small business be restricted development by banking hours. We also understand that<br />

• Loan/finance managing facilitation your financial and; affairs online can be daunting.<br />

• CIPC (company) registrations<br />

At Standard Bank we have a range of online banking<br />

solutions that enable you as the business owner to do your everyday<br />

The banking, NWDC everywhere also owns you the are. Online Dirapeng banking tourism<br />

convenient, cost effective<br />

and secure. which You holds can the have resorts peace of of Bakgatla mind when andyou transact online.<br />

subsidiary<br />

Manyane in the Pilanesberg Game Reserve, the<br />

Christiana All Seasons Resort and the Madikwe<br />

River How Lodge. does online banking help you manage<br />

Within your its business?<br />

basket of services offered, the NWDC<br />

is • committed It saves you time, to assisting allowing you producers to focus on and running your business<br />

manufacturers • It helps you of exportable to maintain products control to of grow all activity on your<br />

as exporters business accounts to become export-ready. In doing<br />

so, • the It allows NWDC you assists to bank these everywhere exporters you to are identify<br />

and secure export markets, and also facilitates<br />

international What can exposure I do on through online various banking? platforms<br />

such • Pay as trade people shows and companies, and international that is, suppliers expos. or invoices<br />

In • addition, Transfer funds the NWDC to and from manages your business a number accounts of<br />

•<br />

special View projects account balances aimed at and growing download the statement’s local history<br />

•<br />

economies<br />

Top-up on<br />

of<br />

prepaid<br />

the province’s<br />

services<br />

villages, townships<br />

and small dorpies. Operational projects<br />

More info<br />

include Is it secure? an Alternative Building Material Factory,<br />

To find out more about online<br />

bakeries and a laundry.<br />

• Yes. As the business owner, you will maintain complete oversight banking, contact us anytime<br />

The over NWDC all activity is committed on the to business showcasing account the firstmover<br />

• You advantage are notified every of investing time your in online the Bokone banking profile is accessed<br />

Bophirima • Your confirmation Province. is required (One Time PIN) before beneficiaries<br />

are added or when you change your profile<br />

via the BizDirect Response<br />

Centre on 0860 109 075,<br />

via email bizdirect@standardbank.co.za<br />

or via WeChat<br />

• You are notified when funds leave your account (email or SMS<br />

notification) and you always know your latest balance<br />

(BB_Entrepreneur).<br />

Visit our website to see our<br />

Contact • You can us manage to explore transactions the myriad limits (Electronic opportunities Account available Payment and by: security tips and terms and<br />

• Visiting ATM limits), our minimising website your www.nwdc.co.za<br />

online exposure while giving you control conditions for using Standard<br />

• Following us on social media; we have presence on Facebook, Bank Twitter digital and channels. LinkedIn or<br />

• Contacting our Head Office in Mahikeng on 018 381 3663/7<br />

How do I sign up?<br />

• If you already have access to<br />

the app, you can use the same<br />

login details to sign in to online<br />

banking<br />

What do I need?<br />

• A smartphone, tablet, laptop<br />

or desktop computer<br />

• You must be the director or<br />

owner of your business<br />

• You have a card and PIN linked<br />

to your business account<br />

What are the costs?<br />

• Access is free<br />

• Account management fees,<br />

transactional fees and subscription<br />

fees are as per the<br />

annual Standard Bank pricing<br />

schedule<br />

• Register online or download the NWDC Standard - Bank We assist app form you your to app be store first! www.standardbank.co.za


FCB10021862JB/E<br />

Financing<br />

businesses across South Africa’s<br />

industrial landscape<br />

The IDC is committed to inclusive and sustainable<br />

industrial development. We finance existing or emerging<br />

businesses that are set to benefit South Africa’s economy<br />

and facilitate the creation of jobs for its people. If you’re<br />

an entrepreneur and have a business plan that is relevant<br />

to an industry that the IDC supports and require business<br />

finance of R1 million or more. Call us on 0860 693 888 or<br />

visit idc.co.za to enquire about the financing criteria for<br />

the sectors that the IDC supports.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!