Gauteng Business 2018-19 edition
A unique guide to business and investment in the Gauteng Province of South Africa. The 2018/19 edition of Gauteng Business is the 10th issue of this highly successful publication that has established itself as the premier business and investment guide for the Gauteng Province. In addition to the regular articles providing insight into each of the key economic sectors of the province, there are special features on the concept of the Urban Development Zone which underpins the successful urban growth strategy that is being pursued in the province, and on the importance of airports in regional economic thinking. To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.globalafricanetwork.com under e-books. Updated information on Gauteng is also available through our monthly e-newsletter, which you can subscribe to online, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title.
A unique guide to business and investment in the Gauteng Province of South Africa. The 2018/19 edition of Gauteng Business is the 10th issue of this highly successful publication that has established itself as the premier business and investment guide for the Gauteng Province.
In addition to the regular articles providing insight into each of the key economic sectors of the province, there are special features on the concept of the Urban Development Zone which underpins the successful urban growth strategy that is being pursued in the province, and on the importance of airports in regional economic thinking.
To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.globalafricanetwork.com under e-books. Updated information on Gauteng is also available through our monthly e-newsletter, which you can subscribe to online, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title.
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OVERVIEW<br />
Development finance and SMME<br />
support<br />
Co-operatives are making school uniforms.<br />
Co-operatives are a popular way of doing business for newcomers<br />
to the formal economy. According to the provincial<br />
government, <strong>Gauteng</strong> has 14 registered co-operative banking<br />
institutions serving over 16 000 member-owners, with<br />
over R100-million in savings and R150-million in assets. A successful<br />
niche has been created in the manufacture of dignity packs and<br />
school uniforms.<br />
A partnership between the Italian co-operative movement and<br />
the Provincial Government of <strong>Gauteng</strong> aims to form consumer cooperatives<br />
in the wholesale and retail sectors. The township market<br />
of about 250 000 township households holds enormous potential for<br />
collective buying.<br />
The idea of started a provincial state bank has been raised and a<br />
feasibility study has been completed. The focus of this bank will be<br />
SMMEs, businesses run by women and young people, infrastructure<br />
projects and township enterprises.<br />
About half of South Africa’s formal SMMEs operate in <strong>Gauteng</strong> and<br />
more than half are in the wholesale and retail sector and the accommodation<br />
sector. The next most popular sectors are community, social<br />
and personal services.<br />
The Small Enterprise Development Agency (Seda) is a subsidiary<br />
of the National Department of Small <strong>Business</strong> Development (DSBD)<br />
and gives non-financial support to entrepreneurs through training,<br />
assistance with filling in forms, marketing and creating business plans.<br />
It helps small businesses draft applications for loan finance. Several of<br />
Seda’s technology incubators are in <strong>Gauteng</strong>.<br />
SECTOR INSIGHTS<br />
A provincial bank is planned to<br />
support SMMEs.<br />
Pretoria-based Excellence<br />
Motor Trimmers (pictured<br />
above) joined Seda’s Technology<br />
Innovation which assisted them<br />
in getting more energy-efficient<br />
equipment. This helped the<br />
company increase production<br />
volumes and create more jobs.<br />
Public procurement from<br />
township enterprises from provincial<br />
and municipal governments<br />
in <strong>Gauteng</strong> increased<br />
in 2017 to R17-billion, up from<br />
just R600-million in 2014. This<br />
expenditure has allowed many<br />
township businesses to enter the<br />
formal economy and for them<br />
to become more sustainable. A<br />
Township Economy Awards process<br />
run by the provincial government<br />
has raised awareness of the<br />
73 GAUTENG BUSINESS <strong>2018</strong>/<strong>19</strong>
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