Mpumalanga Business 2019/20 edition
The 2019/20 edition of Mpumalanga Business is the tenth issue of this highly successful publication that since its launch in 2008 has established itself as the premier business and investment guide for the province. In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special focus on the new life given to an established site at the Highveld Industrial Park and the Nkomazi Special Economic Zone (NSEZ). A useful article on what incentives are available to investors is included, and the Mpumalanga Economic Growth Agency (MEGA) gives investors some perspectives on what is available in the province. Mpumalanga has several investment and business opportunities in a wide range of sectors. Updated information on Mpumalanga is also available through our monthly e-newsletter, which you can subscribe to online at www.gan.co.za, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title. Chris Whales Publisher, Global Africa Network Media
The 2019/20 edition of Mpumalanga Business is the tenth issue of this highly successful publication that since its launch in 2008 has established itself as the premier business and investment guide for the province.
In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special focus on the new life given to an established site at the Highveld Industrial Park and the Nkomazi Special Economic Zone (NSEZ). A useful article on what incentives are available to investors is included, and the Mpumalanga Economic Growth Agency (MEGA) gives investors some perspectives on what is available in the province.
Mpumalanga has several investment and business opportunities in a wide range of sectors.
Updated information on Mpumalanga is also available through our monthly e-newsletter, which you can subscribe to online at www.gan.co.za, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title.
Chris Whales
Publisher, Global Africa Network Media
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INTERVIEW<br />
continue to contribute meaningfully towards the<br />
success of the economy of South Africa through<br />
sustained employment opportunities, for example.<br />
In actual fact the IDC’s developmental role is more<br />
pronounced during tough economic conditions<br />
as the corporation is expected to play a countercyclical<br />
role in turning the economy around.<br />
What prompted the IDC to open a second office<br />
in the province?<br />
That decision was informed by the prevalence<br />
of economic activities in the “highveld” part of<br />
the province, mainly in Emalahleni and the surrounding<br />
areas. Through this new office, which is<br />
located in Emalahleni, the IDC would like to reach<br />
out to the rest of the province and thereby exploit<br />
the business opportunities further afield in areas<br />
such as Mkhondo, Secunda, Ermelo, Delmas and<br />
Kwa-Mhlanga.<br />
Which sectors are you supporting the most?<br />
The IDC provides funding across the various sectors<br />
that fall under the corporation’s funding mandate,<br />
eg tourism, mining, manufacturing and agriculture,<br />
all of which are some of the key economic sectors<br />
within <strong>Mpumalanga</strong>. Please refer to the IDC website<br />
to see the sectors that the corporation supports.<br />
from these sectors which are expected to create<br />
a significant number of jobs, once implemented.<br />
Can you share with us some success stories?<br />
Some of the IDC’s success stories within <strong>Mpumalanga</strong><br />
include F&K Hlakani Engineering which specialises in<br />
steel fabrication and engineering services. Through<br />
the IDC’s funding the company grew from humble<br />
beginnings to become a key player that is highly<br />
regarded in the market.<br />
Another example of the IDC’s success in the province<br />
is Overlooked Colliery, a mining company which<br />
has also become a key player in the mining sector.<br />
The financial support assisted the BEE shareholder<br />
of Overlooked to buy the rest of the shares in the<br />
company as well as to acquire another mine nearby.<br />
Are there special provisions for women and<br />
young people in IDC programmes?<br />
Indeed, the IDC is committed towards youth and<br />
women empowerment. The corporation has set<br />
itself specific targets in this regard where performance<br />
on these targets is measured accordingly<br />
at the end of each financial year. Through<br />
its Gro-E Youth Fund Scheme, the IDC provides<br />
funding to youth-owned businesses at preferential<br />
interest rates.<br />
Where is the most growth coming from?<br />
Mainly from mining and manufacturing. Agriculture<br />
and tourism also present significant growth and<br />
transformation opportunities for the IDC as evidenced<br />
by the projects currently in our pipeline. We<br />
have seen a number of big projects coming forward<br />
For further details contact<br />
IDC <strong>Mpumalanga</strong><br />
Tel: +27 13 752 7724<br />
Fax: +27 13 752 8139<br />
Email: mashweum@idc.co.za<br />
Web: www.idc.co. za<br />
17 MPUMALANGA BUSINESS <strong><strong>20</strong>19</strong>/<strong>20</strong>
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