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Mpumalanga Business 2020-21 edition

The 2020/21 edition of Mpumalanga Business is the 11th issue of this essential publication that since its launch in 2008 has established itself as the premier business and investment guide for the province. Updated overviews of each of the key economic sectors of the province are included, with references to the latest investments by companies across multiple sectors. These include Sappi, Sasol and Sonae Arauco, which is expanding its White River factory. Afrimat is considering investment in the mining sector, while Exxaro Resources, South32 and Pan African Resources are among the mining companies spending on extending the life of existing mines. A useful article on what incentives are available to investors from various departments and agencies is provided. Mpumalanga has several investment and business opportunities in a wide range of sectors.

The 2020/21 edition of Mpumalanga Business is the 11th issue of this essential publication that since its launch in 2008 has established itself as the premier business and investment guide for the province. Updated overviews of each of the key economic sectors of the province are included, with references to the latest investments by companies across multiple sectors. These include Sappi, Sasol and Sonae Arauco, which is expanding its White River factory. Afrimat is considering investment in the mining sector, while Exxaro Resources, South32 and Pan African Resources are among the mining companies spending on extending the life of existing mines. A useful article on what incentives are available to investors from various departments and agencies is provided. Mpumalanga has several investment and business opportunities in a wide range of sectors.

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ADVERTORIAL<br />

see money differently<br />

NEDBANK: PARTNERING FOR<br />

GROWTH AND SUSTAINABLE<br />

AGRIBUSINESSES<br />

According to the Agricultural <strong>Business</strong> Chamber (Agbiz),<br />

South Africa’s agricultural sector is not expected to be hit as<br />

hard by the Covid-19 pandemic as the global agricultural sector.<br />

In fact, thanks to bumper grain and fruit<br />

harvests, we could see a 10% year-onyear<br />

recovery in GDP in the sector for<br />

<strong>2020</strong>. The current maize harvest is up 38%<br />

from the 2018/19 harvest, and is the secondlargest<br />

harvest on record, which means<br />

that South Africa remain a net exporter of<br />

maize and could also export maize beyond<br />

the African continent.<br />

While this is good news for an economy<br />

entering what’s expected to be the deepest<br />

recession on record, the agriculture value<br />

chain faces a daunting task: to increase food<br />

production by 70% to meet the demands of a<br />

global population that is expected to reach<br />

nine billion by 2050. As with many economic<br />

sectors, it is becoming clear that technology<br />

and innovation are the drivers in the<br />

establishment of more efficient, productive<br />

and sustainable agriculture.<br />

Ivor Meeding, Nedbank Regional Manager<br />

Agriculture for <strong>Mpumalanga</strong>, says that<br />

Nedbank has created innovative funding<br />

solutions designed to support farmers with<br />

sustainable farming interventions where the<br />

commodity produced or infrastructure itself<br />

is used as security. ‘For example, with<br />

drought a perpetual threat that South<br />

‘<br />

Nedbank has created innovative<br />

funding solutions designed to<br />

support farmers with sustainable<br />

farming interventions …<br />

’<br />

Africa faces, our funding solutions range<br />

from water-efficiency innovations and<br />

cutting-edge irrigation to shade-netting,<br />

which improves the yield of underperforming<br />

crops, protects them from natural hazards<br />

and reduces water use.’<br />

Nedbank's purpose is to help clients 'see<br />

money differently' and we do this by<br />

applying our bigger-picture business<br />

banking approach to understand each<br />

client’s business and the specific challenges<br />

and opportunities they face. This enables us<br />

to provide the banking solutions they need,<br />

ranging from the innovations mentioned<br />

above to short- and long-term financial<br />

support,’ he says.<br />

If you would like to see how our specialist<br />

teams can assist you,orwantmore<br />

information, please send email Ivor Meeding<br />

at ivorm@nedbank.co.za or visit<br />

www.nedbank.co.za/business.<br />

Nedbank Ltd Reg No 1951/000009/06. Authorised financial<br />

services and registered credit provider (NCRCP16).<br />

SPO6014

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