South African Business 2019 edition
The 2019 edition of South African Business is the seventh edition of this annual guide to business and investment in South Africa. Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as Special Economic Zones and African trade provide unique insights, together with comprehensive overviews of critical economic sectors. Other special features focus on the exciting new possibilities in renewable energy, airports as engines of regional growth and the maritime sector as an entirely new prospect for South African entrepreneurs and businesses. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed at www.globalafricanetwork.com
The 2019 edition of South African Business is the seventh edition of this annual guide to business and investment in South Africa.
Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as Special Economic Zones and African trade provide unique insights, together with comprehensive overviews of critical economic sectors. Other special features focus on the exciting new possibilities in renewable energy, airports as engines of regional growth and the maritime sector as an entirely new prospect for South African entrepreneurs and businesses.
South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed at www.globalafricanetwork.com
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OVERVIEW<br />
Engineering<br />
Major restructuring is under way.<br />
For many years leading up to the Soccer World Cup hosted<br />
by <strong>South</strong> Africa in 2010, the bigger engineering companies<br />
developed into conglomerates with several divisions and<br />
international operations. But the latest trend is for these<br />
large companies to unbundle and narrow their focus.<br />
Some firms have kept their focus on niche areas such as electrical<br />
engineering, construction, fluids control and project management.<br />
These firms continue to build on their expertise.<br />
The reason normally given for the move to restructure is the fact<br />
that the expected infrastructure spending boom after the World<br />
Cup has not materialised. This has led to many companies aiming<br />
to become more flexible and better able to pursue projects in other<br />
countries in Africa and overseas.<br />
With slow growth, national freight and logistics company<br />
Transnet has not been able to pursue its R300-billion infrastructure<br />
programme at the speed that it wanted to.<br />
SECTOR INSIGHT<br />
Renewable energy projects<br />
are creating opportunities for<br />
engineers.<br />
Aspects of the programme,<br />
such as the acquisition of<br />
locomotives, are going ahead<br />
(despite some of the projects<br />
being the subject of corruption<br />
investigations) and the expansion<br />
programmes of the Gautrain<br />
and the Passenger Rail Agency<br />
of <strong>South</strong> Africa (PRASA) are<br />
providing work for engineers.<br />
SOUTH AFRICAN BUSINESS <strong>2019</strong><br />
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