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South African Business 2020 edition

A unique guide to business and investment in South Africa. Welcome to the eighth edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to 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. A special feature focusses on the huge potential for growth and job creation which the tourism industry holds. The possibilities presented by the age of renewable energy for the mining industry is the topic of another special feature and the CEO of Minerals Council South Africa responds to a set of questions on the state of mining in the country. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces.

A unique guide to business and investment in South Africa.
Welcome to the eighth edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to 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. A special feature focusses on the huge potential for growth and job creation which the tourism industry holds. The possibilities presented by the age of renewable energy for the mining industry is the topic of another special feature and the CEO of Minerals Council South Africa responds to a set of questions on the state of mining in the country. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces.

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OVERVIEW<br />

Construction and property<br />

Corporates are building large new head offices.<br />

SECTOR INSIGHT<br />

Green buildings are<br />

becoming more common.<br />

The R3-billion building in Sandton that houses Discovery’s four<br />

businesses is the largest of several new buildings that have<br />

been constructed in recent years to accommodate corporate<br />

headquarters.<br />

The main contractors were WBHO and Tiber in a joint venture (JV) with<br />

Aurecon consulting on environmentally sustainable design (ESD) and<br />

designing and providing mechanical services. Boogertman and Partners<br />

were the architects for the building which was developed by a JV<br />

comprising Growthpoint Properties and Zenprop Property Holdings.<br />

The project won the 2019 SAPOA Property Development Awards for<br />

Innovative Excellence and received a five-star rating from the Green<br />

Building Council SA.<br />

WBHO also had a hand in the construction of the Thavhani Mall in<br />

Thohoyandou, Limpopo (pictured). This 50 000m² regional mall won the<br />

SAPOA award for Rural and Small Town Development.<br />

Another corporate head office that ticks every available green box is<br />

Exxaro’s new building in Centurion. Another Growthpoint development,<br />

the building includes innovations such as a nutrient recovery urinal and<br />

a pilot project for waterless urinals for women.<br />

The imposing Absa Towers Main in central Johannesburg is not<br />

new, but it is being renewed via a major upgrade in the course of its<br />

conversion to a mixed-use building. Within its 30 storeys, there will be<br />

restaurants and coffee shops, child-care facilities and 520 flats in the “affordable”<br />

bracket. The total value<br />

of the investment by Divercity is<br />

said to be R2-billion.<br />

Sandton, which hosts thousands<br />

of businesses and has one<br />

of Africa’s biggest shopping malls<br />

in Sandton City, is also one of<br />

the busiest building sites in the<br />

country. Apart from the complete<br />

Discovery headquarters, Old<br />

Mutual is building new premises<br />

and The Legacy Group is building<br />

The Leonardo, a multi-use building<br />

that will be <strong>South</strong> Africa’s tallest<br />

building when it is complete.<br />

At 55 stories, The Leonardo<br />

SOUTH AFRICAN BUSINESS <strong>2020</strong><br />

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