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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 />

Infrastructure spending has only slowed, not<br />

dried up entirely. One province alone, Gauteng,<br />

spent R30-billion on infrastructure between<br />

2013 and 2016. A further R46-billion has been<br />

pledged for the years to <strong>2019</strong>. In addition,<br />

Gauteng municipalities will spend R94-billion<br />

over the next five years using their city budgets.<br />

Some 31 major housing developments have<br />

been approved for the various development<br />

corridors around Johannesburg. These projects<br />

will attract public and private money.<br />

A study carried out by KMPG found that<br />

spending on infrastructure resulted in additional<br />

economic activity worth R26-billion and created<br />

92 000 direct jobs. A major provincial infrastructure<br />

project was the technically demanding<br />

Gauteng Freeway Improvement Project, which<br />

involved many companies and several joint ventures.<br />

GOBA Consulting Engineers and Project<br />

Managers supervised the design and construction<br />

of the project, as it did the even bigger Vaal<br />

River Eastern Subsystem Augmentation Project<br />

(VRESAP). This water project entailed redirecting<br />

water flows from one system to another to<br />

feed the petrochemical and mining industries<br />

of Mpumalanga.<br />

The Renewable Energy Independent Power<br />

Producer Procurement Programme (REIPPPP)<br />

has created an entirely new industry in less than<br />

seven years, with investment of about R200-<br />

billion in solar parks and wind farms. This has<br />

created huge opportunities for engineers of<br />

every sort.<br />

Two of the world’s largest coal-fired power<br />

stations are still under construction in Limpopo<br />

(Medupi) and Mpumalanga (Kusile) and there<br />

are several coal and platinum projects in both<br />

of those provinces that are also sources of work<br />

for engineering companies. The Northern Cape<br />

and North West are attracting new mines (zinc,<br />

copper) or investments in new smelters and<br />

processing facilities (platinum, manganese).<br />

<strong>South</strong> Africa has one engineer to every 3 166<br />

citizens, compared to Malaysia where the figure is<br />

543 citizens per engineer. The Skills Development<br />

Amendment Act is intended to improve the situation.<br />

Universities, universities of technology and<br />

TAKING THE INITIATIVE IS FAR BETTER<br />

Maitazwifoma Engineering and Consulting<br />

takes its name from the Tshivenda proverb<br />

“Maitazwitoma hafani na madzulafhedzi”, which<br />

means that an innovative person who takes<br />

initiative is far better than one who is idle.<br />

Scanning the list of services offered by<br />

Maitazwifoma, it is easy to see that this is a<br />

group of committed contractors, engineers and<br />

plumbers who really want to work.<br />

Services range from electrical, construction<br />

and civil construction, to plumbing, road construction,<br />

concrete coring and waterproofing.<br />

The company is also available to provide cleaning<br />

services, staff transport and general tasks<br />

such as painting, paving, partitioning and rubble<br />

removal.<br />

With more than seven years of experience<br />

in building expertise in a range of construction<br />

and engineering disciplines, the leadership and<br />

staff of Maitazwifoma are enthusiastic and<br />

hard-working.<br />

Clients include Attaq and Broll, WBHO<br />

(Maitazwifoma were subcontractors on the<br />

Newtown Junction Project), Jozi@Work, on<br />

behalf of the City of Johannesburg and the<br />

Johannesburg Development Agency.<br />

91 SOUTH AFRICAN BUSINESS <strong>2019</strong>

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