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Free State Business 2021

The 2021 edition of Free State Business is the 11th issue of this successful publication that, since its launch, has established itself as the premier business and investment guide for the Free State. The Free State has varied investment and business opportunities and the Free State Development Corporation describes some of these in detail in these pages. Drilling for natural gas is a new phenomenon which may spark activity in other sectors and this journal notes significant new investments and projects in the chemicals and mining sectors. The official launch of the Maluti-A-Phofung Special Economic Zone (MAP SEZ) was a significant event for the economy of South Africa’s most centrally located province. Located on the strategically significant N3 highway that links the economic heartland of South Africa to the coast, the MAP SEZ has the potential to attract new investors and spark a revival in the manufacturing sector. In addition, overviews on each of the key economic sectors provide up-to-date information on trends in the mining and tourism sectors, for example. Regular information about the size and nature of each sector is also included.

The 2021 edition of Free State Business is the 11th issue of this successful publication that, since its launch, has established itself as the premier business and investment guide for the Free State. The Free State has varied investment and business opportunities and the Free State Development Corporation describes some of these in detail in these pages. Drilling for natural gas is a new phenomenon which may spark activity in other sectors and this journal notes significant new investments and projects in the chemicals and mining sectors. The official launch of the Maluti-A-Phofung Special Economic Zone (MAP SEZ) was a significant event for the economy of South Africa’s most centrally located province. Located on the strategically significant N3 highway that links the economic heartland of South Africa to the coast, the MAP SEZ has the potential to attract new investors and spark a revival in the manufacturing sector. In addition, overviews on each of the key economic sectors provide up-to-date information on trends in the mining and tourism sectors, for example. Regular information about the size and nature of each sector is also included.

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SPECIAL FEATURE<br />

BANDIT – EXPERIENCE THE BEST OF BOTH WORLDS<br />

First-world technology and quality combined SABS-approved roadworthy trailers built at Africa<br />

with African simplicity. The main woodchipper Biomass Company in Worcester, South Africa.<br />

unit is manufactured by Bandit Industries, Inc. Engine-powered woodchippers are fitted<br />

with 35-plus years’ experience with Tier 3, South African standard, diesel or<br />

in innovation and international petrol engines, depending on the woodchippers’<br />

research. These units specification or clients’ preference. Electric and PTO<br />

are shipped to options are also available in various Bandit models.<br />

South Africa The add-ons are specifically handpicked to give<br />

where they are you the best set-up and will provide you with a<br />

fitted onto well-balanced woodchipper that will outperform<br />

most other chippers in Africa.<br />

www.abc.co.za<br />

presence in the northern <strong>Free</strong> <strong>State</strong> town of<br />

Sasolburg and the company has recently acquired<br />

a US-based firm that specialises in patented<br />

agriculture biological products, further expanding<br />

its geographical footprint and product range.<br />

International fuel, gas and chemicals company<br />

Sasol regularly invests in new technologies and in<br />

expanding production of its many products.<br />

Renergen, the owners of the Virginia Gas<br />

Project, announced in March 2020 that their<br />

findings had “radically improved” the company’s<br />

drilling plan. One of the key facts to emerge is<br />

that the gas contains helium of up to 12%, a good<br />

percentage. Despite the drawback associated with<br />

Covid-19, Renergen also announced that it was<br />

going to roll out filling stations across South Africa<br />

to cater to companies in the trucking industry<br />

converting to gas.<br />

Mining is reduced in importance but remains<br />

a significant employer. Harmony Gold has several<br />

assets in the province and Sibanye-Stillwater<br />

has undertaken a feasibility study on a property<br />

adjacent to its existing Beatrix mine.<br />

In agriculture, the <strong>Free</strong> <strong>State</strong> is looking forward<br />

to the implementation of the African Continental<br />

<strong>Free</strong> Trade Agreement (AfCFTA), the free trade<br />

agreement that was stalled by the Covid-19<br />

pandemic. The <strong>Free</strong> <strong>State</strong>’s agricultural export<br />

basket is well suited to trading with African states<br />

and strategies are being considered to promote<br />

apples, asparagus, cherries, cut flowers, sorghum,<br />

venison and wine.<br />

The <strong>Free</strong> <strong>State</strong> produces significant proportions<br />

of South Africa’s wheat (30%), sunflowers (45%)<br />

and maize (45%) and is ranked third in contribution<br />

to national GDP in agriculture.<br />

The <strong>Free</strong> <strong>State</strong> shares borders with six other<br />

provinces, in addition to the Mountain Kingdom<br />

of Lesotho. A summer-rainfall region with a mean<br />

annual rainfall of 532mm, the <strong>Free</strong> <strong>State</strong>’s climate,<br />

soil types and topography vary greatly within the<br />

province, with plains in the west and mountains in<br />

the east.<br />

The western and southern areas are semidesert,<br />

with some Karoo vegetation occurring in<br />

the south. The southernmost region of the <strong>Free</strong><br />

<strong>State</strong> is a largely dry area with open grasslands<br />

predominating, although it is also home to the<br />

Gariep Dam, South Africa’s largest dam.<br />

Municipalities in <strong>Free</strong> <strong>State</strong><br />

The <strong>Free</strong> <strong>State</strong> has one metropolitan municipality<br />

(Mangaung), four district municipalities and 19<br />

local municipalities.<br />

Mangaung Metropolitan Municipality<br />

Mangaung Metropolitan Municipality is a Category<br />

A municipality which governs Bloemfontein,<br />

Botshabelo and Thaba Nchu. The sixth-largest<br />

city in the country, the Mangaung municipal area<br />

covers more than 6 263km² and has a population<br />

of about 850 000 people. Bloemfontein is<br />

responsible for about 25% of provincial GDP.<br />

11 FREE STATE BUSINESS <strong>2021</strong>

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