South African Business 2021

More documents

Recommendations

Info

SPECIAL FEATURE New roads such as this link to the North West from Gauteng are important parts of infrastructural development. Credit: SANRAL Stillwater’s acquisition drive in the platinum group metals (PGM) sector are significant economic drivers. Coal and iron ore continue to be exported in large volumes through the Richards Bay Coal Terminal on the east coast and the Port of Saldanha on the west coast. Automotive manufacturing and automotive components continue to thrive, with large investments by most of the major marques and increased exports a feature of the sector. There has been inward investment in recent years, most notably by the Beijing Automotive International Corporation (BAIC) in the Coega Special Economic Zone outside Port Elizabeth. The Tshwane Automotive Special Economic Zone (TASEZ) has been launched at Silverton in Pretoria. A new SEZ has been formally declared in the northern part of Limpopo, the Musina-Makhado SEZ. The Namakwa SEZ in the Northern Cape is awaiting its licence, as is the Tubatse SEZ in eastern Limpopo. Geography South Africa’s location between the Atlantic and Indian oceans ensures a generally temperate climate. The 2 954km coastline stretches from the border with Namibia on the Atlantic to the border with Mozambique in the east. The cold Benguela current sweeps along the western coast while the warm Indian Ocean ensures that the Mozambique/ Agulhas current is temperate. South Africa’s coastal plain is separated from the interior by several mountain ranges, most notably the Drakensberg which runs down the country’s eastern flank. Smaller ranges in the south and west mark the distinction between the fertile coastal strip and the dry interior known as the Karoo. The city of Johannesburg is located on the continental divide, whereby water runs south of the city towards the Atlantic Ocean while waters to the north drain towards the north and east. Johannesburg is 1 753m above sea-level. Most of the country has summer rainfall but the Western Cape, which has a Mediterranean climate, receives its rain in winter. Droughts are not uncommon and although the national average is 464mm, most of the country receives less than 500mm of rain every year. The Western Cape experienced a severe drought which was broken in 2018. The Orange and Vaal rivers play important roles in water schemes and irrigation and the Limpopo River defines the country’s northern boundary. ■ SOUTH AFRICAN BUSINESS 2021 12
10 REASONS WHY YOU SHOULD INVEST IN SOUTH AFRICA 01. HOT EMERGING MARKET Growing middle class, affluent consumer base, excellent returns on investment. 02. MOST DIVERSIFIED ECONOMY IN AFRICA South Africa (SA) has the most industrialised economy in Africa. It is the region’s principal manufacturing hub and a leading services destination. LARGEST PRESENCE OF MULTINATIONALS ON THE AFRICAN CONTINENT SA is the location of choice of multinationals in Africa. 03. Global corporates reap the benefits of doing business in SA, which has a supportive and growing ecosystem as a hub for innovation, technology and fintech. 05. FAVOURABLE ACCESS TO GLOBAL MARKETS ADVANCED FINANCIAL SERVICES & BANKING SECTOR SA has a sophisticated banking sector with a major footprint in Africa. It is the continent’s financial hub, with the JSE being Africa’s largest stock exchange by market capitalisation. The African Continental Free Trade Area will boost intra-African trade and create a market of over one billion people and a combined gross domestic product (GDP) of USD2.2-trillion that will unlock industrial development. SA has several trade agreements in place as an export platform into global markets. YOUNG, EAGER LABOUR FORCE 09. SA has a number of world-class universities and colleges producing a skilled, talented and capable workforce. It boasts a diversified skills set, emerging talent, a large pool of prospective workers and government support for training and skills development. 07. 04. 06. 08. PROGRESSIVE CONSTITUTION & INDEPENDENT JUDICIARY SA has a progressive Constitution and an independent judiciary. The country has a mature and accessible legal system, providing certainty and respect for the rule of law. It is ranked number one in Africa for the protection of investments and minority investors. ABUNDANT NATURAL RESOURCES SA is endowed with an abundance of natural resources. It is the leading producer of platinum-group metals (PGMs) globally. Numerous listed mining companies operate in SA, which also has world-renowned underground mining expertise. WORLD-CLASS INFRASTRUCTURE AND LOGISTICS A massive governmental investment programme in infrastructure development has been under way for several years. SA has the largest air, ports and logistics networks in Africa, and is ranked number one in Africa in the World Bank’s Logistics Performance Index. 10. SA offers a favourable cost of living, with a diversified cultural, cuisine and sports offering all year round and a world-renowned hospitality sector. EXCELLENT QUALITY OF LIFE Page | 2 19 SOUTH AFRICAN BUSINESS 2020
Page 1 and 2: SOUTH AFRICAN BUSINESS 2021 EDITION
Page 3 and 4: 0 0 11 1 0 1 0 11 0 0 11 1 0 1 0 11
Page 5 and 6: The CDC’s Infrastructure Project
Page 7 and 8: SABS_SA-Bus.Journal_09/2020 SABS -
Page 9 and 10: FOCUS FOCUS reliability The reliabi
Page 11 and 12: Early engagement with the private s
Page 13: SPECIAL FEATURE and to remove barri
Page 17 and 18: SANSA provides stateof-the-art grou
Page 19 and 20: SPECIAL SPECIAL FEATURE KwaZulu-Nat
Page 21 and 22: An ExtrAordinAry BusinEss EvEnts dE
Page 23 and 24: Gert Sibande District Municipality
Page 25 and 26: SPECIAL FEATURE Special Economic Zo
Page 27 and 28: FOCUS Programme (REIPPPP) met these
Page 29 and 30: FOCUS LEDET MEC Thabo Mokone, MMSEZ
Page 31 and 32: FOCUS Artistic Impression of the MM
Page 33 and 34: FOCUS Developing small towns into c
Page 35 and 36: SPECIAL FEATURE TEUs (twenty-foot c
Page 37 and 38: coastal areas and communities where
Page 39: SPECIAL FEATURE Main ports, control
Page 42 and 43: OVERVIEW Agriculture Berry producti
Page 44 and 45: INTERVIEW Crafters and knitters are
Page 46 and 47: OVERVIEW Mining Exploration is the
Page 48 and 49: OVERVIEW to 2045. Venetia Mine is b
Page 52 and 53: CREATING LASTING LEGACIES By: Caspe
Page 54 and 55: FOCUS World-class zinc operation in
Page 56 and 57: FOCUS Showcasing Ivanhoe’s educat
Page 58 and 59: OVERVIEW Energy Solar and wind proj
Page 60: OVERVIEW have been commissioned, bu
Page 63 and 64: ICT Data centres are booming. OVERV
Page 65 and 66:
OVERVIEW part of national energy po
Page 67 and 68:
FOCUS Petroleum Agency SA: promotin
Page 69 and 70:
OVERVIEW Technology and innovation
Page 71 and 72:
FOCUS Mr Siyabonga Makhathini, the
Page 73 and 74:
OVERVIEW Sector news Expansion at B
Page 75 and 76:
OVERVIEW Industrial Property will t
Page 77 and 78:
OVERVIEW Johannesburg in 2019 where
Page 79 and 80:
FOCUS THAT’S IN OUR NATURE. conta
Page 81 and 82:
OVERVIEW in SA), increasing local c
Page 83 and 84:
OVERVIEW Coal tonnage reached 72mt
Page 85 and 86:
OVERVIEW Mpumalanga and Durban’s
Page 87 and 88:
CPD CONTiNUOUS PROFESSiONAL DEVELOP
Page 89 and 90:
FOCUS Coega Development Corporation
Page 91 and 92:
48669 More choices. More opportunit
show all

South African Business 2021

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?