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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 />

Russian brand that has won 14 Dakar rallies, is known for its reliability<br />

in tough conditions. Bell’s intention is to increase the percentage<br />

of local components over time.<br />

Bell is best known for its heavy equipment which is primarily<br />

used in the mining and construction sectors. The listed company<br />

reported a 6% rise in revenue for the six months to June <strong>20</strong>18, an<br />

amount of R3.7-billion.<br />

Toyota recently invested a further R6.1-billion into its already<br />

very large plant at Prospecton. The company regularly sells about<br />

a quarter of the vehicles sold in South Africa, and accounts for<br />

the same proportion of export volumes. The Corolla car, the Hilux<br />

bakkie and the Fortuner SUV are manufactured at the plant.<br />

Powerstar, a Chinese state-owned brand, assembles trucks<br />

in Pietermaritzburg on a site formerly used by Super Group.<br />

The companies that make Powerstar in Asia are the China North<br />

Vehicle Corporation (Norinco Motors) and BEIBEN, who produce<br />

about 60 000 heavy-duty commercial duty vehicles every year<br />

at their plant in Inner Mongolia.<br />

Automotive components<br />

<strong>KwaZulu</strong>-<strong>Natal</strong> has a substantial and varied automotive components<br />

sector which includes large manufacturers such as Apollo Tyres and<br />

GUD Filters. Thirty-nine companies are currently members of the<br />

Durban Automotive Cluster which is funded by the municipality.<br />

Together, these firms have about 17 000 employees.<br />

In line with the policy of developing Industrial Economic Hubs,<br />

the Durban Automotive Supplier Park is being built at Illovo, south<br />

of Durban and near to the Toyota plant. The Dube TradePort<br />

Corporation will manage the project, which covers 1 013ha. Other<br />

partners are the eThekwini Municipality, Toyota and the provincial<br />

government. The aim is to attract car assembly and component<br />

manufacturing companies.<br />

Trade and Investment <strong>KwaZulu</strong>-<strong>Natal</strong> (TIKZN) estimates that<br />

the province's component automotive manufacturers enjoy a<br />

combined turnover approaching R10-billion.<br />

ONLINE RESOURCES<br />

Automotive Industry Development Centre: www.aidc.co.za<br />

Africa (NAAMSA): www.naamsa.co.za<br />

Durban Automotive Cluster: www.dbnautocluster.org.za<br />

Manufacturers (NAACAM): www.naacam.co.za<br />

National Association of Automotive Component and Allied<br />

National Association of Automobile Manufacturers of South<br />

Keeping MAN and Toyota supplied<br />

is the R300-million operation,<br />

Duys Engineering Group.<br />

This diverse group of companies<br />

includes in its business plan the<br />

supply of truck bodies and truck<br />

components and has production<br />

plants at New Germany<br />

(Pinetown) and Richards Bay,<br />

from where it services the mining<br />

industry. Toyota Boshoku<br />

manufactures seats and does<br />

the interior trim on contract for<br />

Toyota.<br />

International company GUD<br />

Filters has a big presence in<br />

the province. Headquartered in<br />

Prospecton, where more than<br />

1 500 people work at one of<br />

its factories, the company has<br />

another plant in Pietermaritzburg<br />

and a distribution centre in<br />

Pinetown that concentrates on<br />

exports.<br />

Indian-owned Apollo Tyres SA<br />

makes Dunlop products at two<br />

large factories in the province:<br />

truck tyres are made in Durban<br />

where 840 workers are employed<br />

and a passenger car tyre plant in<br />

Ladysmith (1160 employees). The<br />

Durban factory devotes 40% of<br />

production to supplying the truck<br />

and earthmoving market. Both<br />

plants make about 25 000 tons of<br />

tyres with half of the passenger<br />

tyres being exported.<br />

The Behr Group (airconditioning<br />

and cooling systems)<br />

has a factory and its headquarters<br />

in Durban. Ramsay Engineering<br />

supplies cross-car beams for BMW<br />

and Ford. Funding was received<br />

from the Industrial Development<br />

Corporation (IDC) to buy new<br />

tool-making technology to make<br />

this possible.<br />

53<br />

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

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