South African Business 2021
Welcome to the ninth 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. This issue has a focus on economic recovery plans which have been put in place to tackle the challenges thrown up by the global Covid-19 pandemic. National government’s focus on infrastructure and the use of Special Economic Zones is highlighted, together with a feature on the nascent maritime economy. 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. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed online at www.globalafricanetwork.com.
Welcome to the ninth 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.
This issue has a focus on economic recovery plans which have been put in place to tackle the challenges thrown up by the global Covid-19 pandemic. National government’s focus on infrastructure and the use of Special Economic Zones is highlighted, together with a feature on the nascent maritime economy. 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.
South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed online at www.globalafricanetwork.com.
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FOCUS<br />
Artistic Impression of the MMSEZ.<br />
impact assessment, tourism and food<br />
security study, security of water study,<br />
energy requirement study and energy<br />
generation technology options.<br />
Integrating SMMEs within<br />
the SEZ<br />
Special Economic Zones are<br />
predisposed to attract foreign direct<br />
investment which could translate into<br />
blue-chip international enterprises<br />
locating in the zone. Although it is a<br />
good thing to attract international<br />
companies to locate in the SEZ,<br />
this should not happen at the<br />
expense of local enterprises. Skills<br />
and technology transfer forms an<br />
integral part of the essence of the SEZ<br />
phenomena. In the MMSEZ, SMME<br />
promotion and integration is inherent<br />
to the business model. An instrument<br />
has been developed in the form of<br />
an Enterprise Development Strategy<br />
to mainstream SMMEs development<br />
into the life cycle of the MMSEZ.<br />
The strategy is supported by an<br />
ambitious programme to develop<br />
an SMME Incubation Centre as<br />
a platform for entrepreneurship<br />
excellence, creativity and skills and<br />
technology localisation.<br />
The MMSEZ is partnering with<br />
the Department of Small <strong>Business</strong><br />
Development to roll out this magnificent<br />
initiative. During the month<br />
of October 2020, a Memorandum<br />
of Agreement was concluded with<br />
the Council for Scientific and Industrial<br />
Research (CSIR) to collaborate<br />
on supporting SMMEs in the<br />
MMSEZ and ensuring technology<br />
localisation through various initiatives<br />
across sectors.<br />
Lehlogonolo Masoga<br />
has been a driving force<br />
behind the development<br />
of the MMSEZ.<br />
SOUTH AFRICAN BUSINESS <strong>2021</strong><br />
SOUTH AFRICAN BUSINESS <strong>2021</strong><br />
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