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KwaZulu-Natal Business 2019-20 edition

A unique business and investment guide to KwaZulu-Natal Province in South Africa. The 2019/20 edition of KwaZulu-Natal Business is the 11th issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the KwaZulu-Natal Province. In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special feature on the surge in investment in new tourism projects, from casino expansions to the building of a dedicated cruise-liner terminal. Another special feature surveys other large investments in a wide variety of sectors, showing the diversity and strength of the provincial economy. For monthly updates about the region, subscribe at https://www.globalafricanetwork.com/subscribe/ or visit our portal at https://www.globalafricanetwork.com/category/regions/kwazulu-natal/

A unique business and investment guide to KwaZulu-Natal Province in South Africa. The 2019/20 edition of KwaZulu-Natal Business is the 11th issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the KwaZulu-Natal Province.
In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special feature on the surge in investment in new tourism projects, from casino expansions to the building of a dedicated cruise-liner terminal. Another special feature surveys other large investments in a wide variety of sectors, showing the diversity and strength of the provincial economy.
For monthly updates about the region, subscribe at https://www.globalafricanetwork.com/subscribe/ or visit our portal at https://www.globalafricanetwork.com/category/regions/kwazulu-natal/

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OVERVIEW<br />

Agriculture<br />

New crops are adding to the export basket.<br />

The award of Toyota SA/Agri SA Young Farmer of the Year for<br />

<strong>20</strong>17 went to a Richmond farmer who is one of only four<br />

farmers in the province cultivating golden kiwifruit. There<br />

are only 16 farmers in all of South Africa doing what Ross<br />

Lowe does, but he believes that the particular strain of kiwifruit he has<br />

chosen is the best in terms of taste and yield. Typically for the modern<br />

<strong>KwaZulu</strong>-<strong>Natal</strong> farmer, he also intends to increase his export volumes.<br />

So-called superfoods have potential to grow the agricultural<br />

sector via greatly increased exports: these include avocados,<br />

pecans and dates. The province’s Premier has mentioned<br />

possibilities in macadamia nuts (already a thriving sector in other<br />

parts of the country) and in new areas such as cannabis and the<br />

farming of rabbits. The opening of a R99-million cold-storage<br />

facility at the Dube TradePort in <strong>20</strong>17 has given farmers and<br />

exporters additional flexibility, allowing them to store chilled and<br />

frozen perishable goods.<br />

Eighteen percent of <strong>KwaZulu</strong>-<strong>Natal</strong>’s 6.5-million hectares of<br />

agricultural land is arable, and the balance is suitable for the rearing<br />

of livestock. The province’s forests occur mostly in the southern and<br />

northern edges of the province.<br />

In <strong>20</strong>18, a summit was held at which consultation took place<br />

towards the creation of an Agricultural Development Masterplan<br />

for the province. The resulting plan includes priorities such as the<br />

expansion of irrigable land, improving market access for producers<br />

and adding value to agricultural products before they reach local<br />

and international markets.<br />

The Agribusiness Development Agency (ADA) works with<br />

Department of Agriculture and Rural Development (DARD) to<br />

stimulate agribusiness that covers the entire value chain and<br />

promotes development in all areas. The coastal areas lend themselves<br />

to sugar production and fruit growing, with subtropical fruits doing<br />

particularly well in the north. <strong>KwaZulu</strong>-<strong>Natal</strong> produces 7% of South<br />

Africa’s citrus fruit.<br />

ONLINE RESOURCES<br />

Fresh Produce Exporters Forum: www.fpef.co.za<br />

<strong>KwaZulu</strong>-<strong>Natal</strong> Agricultural Union: www.kwanalu.co.za<br />

<strong>KwaZulu</strong>-<strong>Natal</strong> Department of Agriculture and Rural<br />

Development: www.kzndard.gov.za<br />

SECTOR INSIGHT<br />

Increased agricultural freight<br />

volumes are expected at the<br />

Dube TradePort.<br />

Beef originates mainly in the<br />

Highveld and Midlands areas, with<br />

dairy production being undertaken<br />

in the Midlands and south. The<br />

province produces 18% of South<br />

Africa’s milk.<br />

<strong>KwaZulu</strong>-<strong>Natal</strong>’s subsistence<br />

farmers hold 1.5-million cattle,<br />

which represents 55% of the<br />

provincial beef herd, and their<br />

goat herds account for 74%<br />

of the province’s stock. The<br />

Midlands is also home to some<br />

of the country’s finest racehorse<br />

stud farms. The area around<br />

Camperdown is one of the<br />

country’s most important areas<br />

for pig farming.<br />

Enterprise iLembe, the<br />

development arm of the iLembe<br />

District Municipality, is looking<br />

for investors to further develop<br />

an agri-processing hub near the<br />

King Shaka International Airport<br />

and Dube TradePort.<br />

KWAZULU-NATAL BUSINESS <strong><strong>20</strong>19</strong>/<strong>20</strong><br />

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