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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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Promoting and developing<br />

small business<br />

The National African Federated Chamber of Commerce<br />

and Industry is active in the <strong>Free</strong> <strong>State</strong>.<br />

NAFCOC’s main objective is to promote,<br />

unite and encourage the development<br />

of small business in South Africa in general<br />

and black entrepreneurs in particular,<br />

thereby drawing the majority from the peripheries<br />

of the consumption-based economy to the frontlines<br />

of production-based economic activity and<br />

decision making processes.<br />

NAFCOC <strong>Free</strong> <strong>State</strong> responded in a special way<br />

to address the distress faced by members during<br />

lockdown. In 2020, the chapter:<br />

• Lobbied for localised provincial funding during<br />

the lockdown.<br />

• Campaigned for the regulation of township businesses<br />

(trading permits and adherence to bylaws).<br />

• Assisted small and informal businesses in applying for<br />

Covid-relief funding.<br />

• Worked with government on a programme to assist<br />

people living with disability to gain access to markets<br />

and procurement opportunities.<br />

• Encouraged youth to be more involved in agriculture<br />

and try to find solutions to the lack of access to<br />

funding.<br />

• Worked with Standard Bank to assist small enterprises<br />

to open business accounts.<br />

Vision To be the leading voice of business in<br />

South Africa.<br />

Mission To develop and promote economic growth<br />

among existing and new businesses.<br />

Values Empowerment, dignity, integrity, hard work<br />

and commitment. ■<br />

NAFCOC members applying for permits.<br />

Contact details<br />

Chairperson: Tshepo Matsaba<br />

Tel: 083 485 7883<br />

Email: matsabat@nafcocfs.org.za<br />

National website: www.nafcoc.org.za<br />

BUSINESS CHAMBERS IN THE FREE STATE<br />

<strong>Free</strong> <strong>State</strong> Black <strong>Business</strong> Chamber<br />

Contact: Mr Lucky Motsamai Cell: 066 204 5295 Email: info@fsbbc.co.za<br />

<strong>Free</strong> <strong>State</strong> Youth Chamber of <strong>Business</strong> and Commerce<br />

Contact: Mr Sam Motlogeloa Cell: 081 442 8928 Email: yccifs@gmail.com<br />

Mangaung Chamber of Commerce and Industry<br />

Contact: The President<br />

Tel: +27 51 522 1710 Email: President@bcci.co.za<br />

Phenomenal Women<br />

Contact: Ms Thato Mokhothu Cell: 071 383 4183<br />

Vredefort Tourism Association<br />

Contact: Ms Renee de Jong Cell: 071 448 4332 Email: vredefortinfo@gmail.com

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