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 />
<strong>Free</strong> <strong>State</strong> Gambling,<br />
Liquor and Tourism<br />
Authority<br />
Driving economic transformation in the <strong>Free</strong> <strong>State</strong>.<br />
<strong>Free</strong> <strong>State</strong> Province<br />
Center yourself in the heart of South Africa<br />
Vision<br />
A transformed economy and a prosperous society with an<br />
effective, well-regulated gambling and liquor industry and a vibrant<br />
tourism sector.<br />
Mission<br />
To be a leading developmental institution that drives economic<br />
transformation, regulation and adaptation to the ever-changing<br />
industry dynamics to benefit the <strong>Free</strong> <strong>State</strong>.<br />
CEO of <strong>Free</strong> <strong>State</strong> Gambling,<br />
Liquor and Tourism Authority,<br />
Mr Kenny Dichabe<br />
The <strong>Free</strong> <strong>State</strong> Gambling,<br />
Liquor and Tourism<br />
Authority (FSGLTA)<br />
is one of the two<br />
entities of the Department<br />
of Economic, Small <strong>Business</strong><br />
Development, Tourism and<br />
Environmental Affairs (DESTEA).<br />
The FSGLTA was established by<br />
the FSGLTA Amendment Act 4<br />
of 2017, which was amended<br />
to incorporate the former <strong>Free</strong><br />
<strong>State</strong> Tourism Authority and<br />
<strong>Free</strong> <strong>State</strong> Gambling and Liquor<br />
to form the new entity which is<br />
known as FSGLTA.<br />
Mandate<br />
The mandate of the <strong>Free</strong> <strong>State</strong> Gambling, Liquor and Tourism<br />
Authority is to regulate the gambling and liquor industries within<br />
the province and to market and promote tourism in the province.<br />
The Authority’s purpose is to promote legally compliant, responsible,<br />
sustainable and transformed gaming and liquor industries through<br />
effective licensing, regulating and reporting on the activities of<br />
the industries, and to position the <strong>Free</strong> <strong>State</strong> Province as a tourist<br />
destination of choice.<br />
The gambling industry<br />
• Invite applications for licences (gambling)<br />
• Consider, grant or refuse applications<br />
• Cancel, suspend, vary, renew or revoke a licence or registration<br />
approved<br />
• Implementation of norms and standards in the gambling industry<br />
as determined by the National Gambling Act<br />
• Ensure that gambling activities are effectively regulated, licensed<br />
and controlled<br />
• Ensure compliance to the act, rules and regulations<br />
The liquor industry<br />
• Receive applications for registrations (liquor)<br />
• Reduce the socio-economic and other costs of alcohol<br />
• Promote the development of a responsible and sustainable liquor<br />
industry in relation to gambling<br />
• Generate revenue for the <strong>Free</strong> <strong>State</strong> Province<br />
FREE STATE BUSINESS <strong>2021</strong><br />
22
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