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 />
Coega Development<br />
Corporation<br />
a.co.zaPromoting small business as a way of sparking economic growth, creating jobs<br />
and tackling inequality.<br />
, Arcadia,<br />
In championing socio-economic development,<br />
the Coega Development Corporation (CDC)<br />
places the interests of small businesses at the<br />
centre of economic growth. Small business development<br />
and support is crucial as a catalyst for<br />
addressing poverty, unemployment and inequalities<br />
in the society.<br />
The National Development Plan 2030 encourages<br />
Small, Medium and Micro Enterprise (SMME)<br />
support through procurement and developing<br />
BBBEE LEVEL 2 CONTRIBUTOR<br />
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018<br />
The CDC has a ISO dedicated 20000-1:2011 SMME ISO <strong>Business</strong> 27001:2013<br />
Unit that prioritises empowerment to unlock<br />
opportunities particularly www.coega.co.za<br />
in the built environment<br />
such as infrastructure development and facilities<br />
maintenance. “The billions of rands to be spent<br />
on infrastructure development in the country to<br />
revive our economy should also benefit SMMEs,”<br />
says Dr Ayanda Vilakazi, CDC’s Head of Marketing,<br />
Brand and Communications.<br />
SMME participation on large contracts is<br />
black and female managers and professionals.<br />
Between 2015 and 2020, SMME-procurement<br />
spend achieved by the CDC was 29%. In 2019,<br />
R461.77-million benefited small businesses in all<br />
areas where the organisation has operations.<br />
Contact details<br />
Head Office: Coega SEZ <strong>Business</strong> Centre,<br />
Corner Alcyon Road and Zibuko Street, Zone 1,<br />
Coega SEZ, Port Elizabeth 6100<br />
Tel: (RSA only): 08610 COEGA | 08610 26342<br />
Tel: +27 41 403 0400 | Fax: +27 41 403 0401<br />
Email: info@coega.co.za<br />
Website: www.coega.co.za<br />
Coega has offices in Pretoria, East London,<br />
Cape Town and Durban.<br />
increasing, a sign of the success of the CDC’s SMME<br />
development programme. Some highlights:<br />
• SMME involvement in the construction of the fourstar<br />
Bluewater Bay Sunrise Hotel, Port Elizabeth.<br />
• As of March 2020, 383 SMMEs benefited from<br />
training, 178 CETA accredited.<br />
• In 2019/20 CDC, SARS and CIDB held compliance<br />
workshops for 652 SMMEs.<br />
• 72 SMMEs successfully upgraded on CIDB<br />
through CDC intervention and support.<br />
A key organisational objective of the CDC is<br />
to facilitate, promote and drive the inclusion of<br />
SMMEs in procurement opportunities. The CDC is<br />
also working at improving its B-BBEE status. The<br />
organisation improved its B-BBEE status from level<br />
4 in 2019 to level 2 in 2020. ■<br />
87 SOUTH AFRICAN BUSINESS <strong>2021</strong>
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