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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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FOCUS<br />

R8-BILLION INVESTMENT OVER FIVE YEARS<br />

At the President’s Investment Summit in<br />

<strong>20</strong>18, Viv McMenamin, CEO Mondi South<br />

Africa, announced, “We focus on investing<br />

in our world-class assets to maintain our<br />

cost advantage. Over the next five years we<br />

will be investing a total of around R8-billion<br />

in our South African operations, which<br />

includes ongoing investment in our forestry<br />

assets and the modernisation of our pulp,<br />

containerboard and paper assets, subject to<br />

approval by the Mondi boards.”<br />

the recently expanded Ligbron E-learning system is<br />

now operational in a further three rural schools. Each<br />

e-learning classroom has an e-Boxx with a SMART<br />

interactive whiteboard, a digital camera, sound system<br />

and alarm system. This technology facilitates the weekly<br />

live streaming of mathematics and science lessons that<br />

are shared by using video conferencing and desktop<br />

sharing. During live streaming, the image of the teachers/<br />

learners from linked schools is visible on the SMART<br />

board. The SMART boards display the presentation and<br />

any student and teacher can write on the SMART board<br />

and ask questions from their own school.<br />

Mondi believes strongly that by working in<br />

partnerships with government, communities and NGOs<br />

we will be able to find sustainable land reform solutions.<br />

We believe that being part of the solution to global<br />

challenges will secure the long-term success of our<br />

business and the wellbeing of our communities and<br />

other stakeholders.<br />

www.mondigroup.com<br />

We invest significantly in skills and leadership development,<br />

offering talented individuals interesting careers as part of<br />

a global group. We are particularly proud of the progress<br />

women are making in Mondi South Africa, holding<br />

positions such as CFO, Procurement Director, Head of<br />

Mondi Zimele and as artisans, foresters, safety managers,<br />

nursery manager and in the fields of engineering, finance,<br />

human resources and more.<br />

Community development<br />

Our well-established approach is focused on investing<br />

in communities living on our land or near operations.<br />

A leading community development initiative is<br />

the Mkondo Development Project (Piet Retief), a<br />

pioneering public-private partnership focused on<br />

improving the living conditions of people in isolated<br />

villages on forestry land, and to find sustainable<br />

solutions to alleviate poverty and offering security<br />

of tenure. The pilot Jabulani Agri-village has been<br />

completed and eight other Agri-villages are in progress.<br />

The commitment to education is widespread and<br />

PART OF THE SOLUTION<br />

Viv McMenamin, CEO Mondi South Africa, adds:<br />

“Our South African business continues to be<br />

a strong contributor to Mondi’s success story.<br />

From our sustainably managed forests, to our<br />

world-class pulp and containerboard operation<br />

in Richards Bay, to being the number one office<br />

paper producer in South Africa. We believe in the<br />

value of being part of the solution to global and<br />

local sustainability challenges and I am proud<br />

of the work we are doing in partnership with<br />

our communities, government and other key<br />

stakeholders. This gives me great confidence in<br />

the future of Mondi South Africa!”<br />

41<br />

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

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