Eastern Cape Business 2021-22

The 2021/22 edition of Eastern Cape Business is the 14th edition of this successful publication that, since its launch in 2006, has established itself as the premier business and investment guide for the Eastern Cape. The Eastern Cape’s investment and business opportunities are highlighted in this publication. The fact that the province is home to the majority of wind power projects as part of the country’s drive to promote renewable energy is the subject of a special feature. Overviews are provided on the key economic sectors of the province, including the vital contribution that the agricultural and automotive sectors continue to make on the province’s economic trajectory. References are made to the potential of the Oceans Economy and to the prospects of oil and gas for this coastal province. The major business chambers in the province have made contributions to the journal.

The 2021/22 edition of Eastern Cape Business is the 14th edition of this successful publication that, since its launch in 2006, has established itself as the premier business and investment guide for the Eastern Cape.

The Eastern Cape’s investment and business opportunities are highlighted in this publication. The fact that the province is home to the majority of wind power projects as part of the country’s drive to promote renewable energy is the subject of a special feature.

Overviews are provided on the key economic sectors of the province, including the vital contribution that the agricultural and automotive sectors continue to make on the province’s economic trajectory. References are made to the potential of the Oceans Economy and to the prospects of oil and gas for this coastal province. The major business chambers in the province have made contributions to the journal.


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2021/22 EDITION




southern Africa



















Bayworld and Happy Valley redevelopment

hold key to economic rejuvenation of Bay

Dorelle Sapere, Senior Project Manager of Mandela Bay Development Agency,

explains how a new project will unlock heritage, conservation and tourism value.

The objectives of the Bayworld and Happy Valley

programme are to:

The Bayworld and Happy Valley

redevelopment is a megaproject for the

Eastern Cape and seeks to transform 55ha

of underutilised land spatially, socially and

economically into an inclusive, post-apartheid new

heart for Nelson Mandela Bay.

The goal of the programme is to enable multigenerational,

multi-cultural and mixed-income group

usages. The mission is to create a spectacular, iconic

place that is the headquarters of the Nelson Mandela

Bay eco-tourism and edutainment experience, rooted

in the heritage and cultures of the Eastern Cape to

drive conservation and economic development.

The Bayworld and Happy Valley programme

focuses on the national imperatives of job creation

and economic development while ensuring

psycho-social development, conservation and

education for the Eastern Cape. This is to be

achieved by activating the potential of its unique

biodiversity and intangible heritage to leverage the

tourism industry.

• Unlock the green, built and cultural heritage of

the Eastern Cape.

• Package the wealth of tourism offerings of the

province and provide access to them through a

digital experience of each and follow up with real

in-person experiences.

• Conserve the threatened biodiversity treasures

of the region, both in the ocean and on land.

• Drive an education, knowledge dissemination

and research programme that will stimulate

minds across the Eastern Cape, South Africa

and abroad.

• Enable social cohesion through access to the

experience by multi-age, multi-cultural and

multi-economic groups from the Bay and the

Eastern Cape.

The Bayworld and Happy Valley programme consists

of 13 catalytic capital projects that cut across the

heritage, science, environmental, conservation, tourism,

educational, industrial, recreational and housing sectors.

This project utilises the Quadruple Helix model

and aims to deliver:

• A conservative R2.2-billion of investment.

• Potentially 4 239 temporary jobs during the

construction phase.

• Potentially 806 permanent job opportunities

during the operational phase.

• A potential contribution to GDP of R1.5-billion

per annum.




Eastern Cape Business 2021 Edition


Foreword 6

A unique guide to business and investment in the Eastern Cape.

Special features

Regional overview of the Eastern Cape 8

The province’s Special Economic Zones are attracting investors in traditional

sectors such as automotive and in new sectors such as aquaculture. The

national ports authority has set up new headquarters at the Port of Ngqura.

The wind power province 14

The Eastern Cape is attracting the lion’s share of investment in wind energy.

Economic sectors

Agriculture and agro-processing 26

Cannabis producers are thinking of automotive applications.

Water 28

The Umzimvubu project is a national priority.

Construction and property 29

Gqeberha is expanding westwards.

Manufacturing 30

Ford wants to see a rail corridor to Gauteng established.

Tourism 31

East London’s beachfront is being upgraded.

Education and training 32

Curro has expanded its Eastern Cape footprint.

Banking and financial services 34

New banks are offering more choices.

Development finance and SMME support 36

Supply chains are providing chances for small businesses.


Credit: Courtesy of Transnet National Ports Authority (TNPA). The eMendi

building at the Port of Ngqura is within the Coega Special Economic Zone

(Coega SEZ) and is shown with the busy port and Algoa Bay behind it. The

building, designed by Dominic Bonnesse Architects and completed in 2017,

became the national headquarters of the TNPA in 2021.

Unlocking growth

in the Eastern Cape

Standard Bank is helping businesses thrive.

While the Eastern Cape faces many

challenges it also presents an array of

opportunities for those willing to invest

the time and money needed to unlock

its growth potential.

As the second-largest province in South Africa

the Eastern Cape is a fusion of manufacturing,

agriculture, logistics, mining, construction and tourism


Each of these sectors presents avenues for employment,

growth and trade, both locally and internationally.

Small and medium enterprises (SMEs) are the lifeblood

of the Eastern Cape. They play a crucial role in its growth,

providing employment, boosting new economies, and

connecting the continent to the rest of the world.

At Standard Bank we are proud of our long history in the

province, which stretches back to 1862.

We continue to look for relevant ways to partner

with businesses across the province as they seek to

uplift the communities in which they operate, and

these partnerships include providing key services and

products to make doing business the right way easier.


Jonty Bouw, Head of

Enterprise Direct

Tel: 084 850 0594

Email: Jonathan.Bouw@standardbank.co.za

Innovative products

Standard Bank’s business banking products and

services are innovative and relevant and can help

businesses thrive. Some examples:

Our business account is designed to help you set your

business up for success. MyMoBiz provides simple,

affordable banking services for small business. With

MyMoBiz you get everything you need to run your

business and manage your finances on the go, including

dedicated support from a team of business bankers.

To help clients make the move to digital, seamless banking,

Standard Bank launched SimplyBlu, an innovative, all-inone

payment solution that enables business owners to

take their business online all from a single, secure platform.

Then there is PocketBiz, designed for entrepreneurs on

the go. It offers you a secure card payment solution that

eliminates the need to accept or carry cash or follow up

on invoice payments.

At Standard Bank, our purpose is to drive Africa’s growth.

We enable businesses that align with our purpose, and

this contributes to the growth of our economy and

the growth of our continent, South Africa and our own

province, the Eastern Cape. ■

Leigh-Anne de Witt, Head of

Business Clients Eastern Cape

Tel: 083 447 3875

Email: Leigh-anne.Dewitt@standardbank.co.za


Eastern Cape Business

A unique guide to business and investment in the Eastern Cape.


Publishing director:

Chris Whales

Editor: John Young

Managing director: Clive During

Online editor: Christoff Scholtz

Designer: Tyra Martin

Production: Aneeqah Solomon

Ad sales:

Gavin van der Merwe

Sam Oliver

Jeremy Petersen

Gabriel Venter

Vanessa Wallace

Shiko Diala

Administration & accounts:

Charlene Steynberg

Kathy Wootton

Printing: FA Print

The 2021/22 edition of Eastern Cape Business is the 14th edition

of this successful publication that, since its launch in 2006,

has established itself as the premier business and investment

guide for the Eastern Cape.

The Eastern Cape’s investment and business opportunities are

highlighted in this publication. The fact that the province is home to the

majority of wind power projects as part of the country’s drive to promote

renewable energy is the subject of a special feature.

Overviews are provided on the key economic sectors of the province,

including the vital contribution that the agricultural and automotive sectors

continue to make on the province’s economic trajectory. References are

made to the potential of the Oceans Economy and to the prospects of

oil and gas for this coastal province. The major business chambers in the

province have made contributions to the journal.

To complement the extensive local, national and international

distribution of the print edition, the full content can also be viewed online

at www.easterncapebusiness.co.za. Updated information on the Eastern

Cape is also available through our monthly e-newsletter, which you can

subscribe to online at www.gan.co.za, in addition to our complementary

business-to-business titles that cover all nine provinces as well as our

flagship South African Business title. In 2020 the inaugural edition of African

Business was published. ■

Chris Whales

Publisher, Global Africa Network | Email: chris@gan.co.za


Eastern Cape Business is distributed internationally on outgoing and

incoming trade missions, through trade and investment agencies;

to foreign offices in South Africa’s main trading partners around the

world; at top national and international events; through the offices

of foreign representatives in South Africa; as well as nationally and

regionally via chambers of commerce, tourism offices, airport lounges,

provincial government departments, municipalities and companies.


Global Africa Network Media (Pty) Ltd

Company Registration No: 2004/004982/07

Directors: Clive During, Chris Whales

Physical address: 28 Main Road, Rondebosch 7700

Postal address: PO Box 292, Newlands 7701

Tel: +27 21 657 6200 | Fax: +27 21 674 6943

Email: info@gan.co.za | Website: www.gan.co.za

Member of the Audit Bureau

of Circulations ISSN 1995-1310

COPYRIGHT | Eastern Cape Business is an independent publication

published by Global Africa Network Media (Pty) Ltd. Full copyright to the

publication vests with Global Africa Network Media (Pty) Ltd. No part

of the publication may be reproduced in any form without the written

permission of Global Africa Network Media (Pty) Ltd.

PHOTO CREDITS | Buffalo City Tourism, BTE Renewables, Daimler.com,

DHK Architects, Dominic Bonnesse Architects, East London IDZ, Graaff-

Reinet Tourism, Gamtoos Irrigation Board, Mandela Bay Development

Agency, Kierran Allen Photography/Nelson Mandela Bay Stadium, Nelson

Mandela Bay Tourism, St George’s Preparatory, Transnet National Ports

Authority, Volkswagen SA.

DISCLAIMER | While the publisher, Global Africa Network Media (Pty)

Ltd, has used all reasonable efforts to ensure that the information

contained in Eastern Cape Business is accurate and up-to-date, the

publishers make no representations as to the accuracy, quality,

timeliness, or completeness of the information. Global Africa Network

will not accept responsibility for any loss or damage suffered as a result

of the use of or any reliance placed on such information.



Coca-Cola Beverages

South Africa — taking water

management to another level

Nhlanhla Yende, Regional Manufacturing Manager for CCBSA Coastal Region,

outlines his company’s comprehensive approach to water.


What is the extent of the CCBSA footprint in the Coastal Region?

We have a total of 656 employees in the four manufacturing sites. From

these sites, we service KwaZulu-Natal and the Eastern Cape, and in

the Western Cape we supply all Appletiser products and Coca-Cola

products in cans packages.

Nhlanhla Yende


Nhlanhla Yende started his career in

1999 as a metrologist, specialising

in fluid flow for air, water and hydrocarbons

at the National Metrology

Institute of South Africa. He has over

16 years’ experience in Fast Moving

Consumer Goods, one of which was

spent at Mercedes-Benz working as a

Quality Engineer and the balance at

CCBSA where he held numerous operational

roles in Manufacturing. He is

currently responsible for four plants,

in Durban, Port Elizabeth and Elgin.

What are the principles of CCBSA’s water policy?

The CCBSA water strategy is made of these pillars: To optimise the use of

water within our operations by implementing industry best practices.

To achieve a water balance – make the same amount of water used to

make our beverages available to the communities in which we operate

and to leverage our system expertise and partnerships to enhance and

support local governments’ capabilities in our markets.

Please explain your water protection plans.

We have water recovery processes in our production facilities, which allows

us to reuse water for non-production related activities, like cleaning. We also

have been investing in rainwater harvesting and groundwater initiatives to

diversify our sources. To this end, we have two sites which are using at least

10% to 15% of their total water from these alternative sources.

What steps are being taken in the Eastern Cape to reduce

water usage?

• We have two boreholes in our Port Elizabeth plant, which is helping us

to reduce our dependency on surface water.

• The plant is constantly monitoring the ratio of water used in the production

processes for each litre of product to ensure we can eliminate waste.

• We reuse the water from the production process for sanitation.

Do you treat wastewater?

We constantly monitor the effluent water to ensure we do not cause harm

to the environment. In instances where we find that the pH value of the

effluent is high, we treat it. We also monitor the levels of dissolved oxygen.

Are there CCBSA water access projects in communities in need?

Yes, through an initiative driven by our Public Affairs, Communications

and Sustainability team, there are a total of seven groundwater harvesting

projects on the go. Five of those projects have been completed and

handed over to the communities. Two of the five completed projects are

in the Eastern Cape, in Ngcobo and Queenstown. ■






The province’s Special Economic Zones are attracting investors

in traditional sectors such as automotive and in new sectors

such as aquaculture. The national ports authority has set up new

headquarters at the Port of Ngqura.

By John Young

The decision by the Transnet National Ports

Authority (TNPA) to relocate staff from

Johannesburg and Durban to new national

headquarters at the Port of Ngqura within

the Coega Special Economic Zone is a significant

marker of confidence in the Eastern Cape.

The eMendi building (pictured above), which

houses the administration of the TNPA, is in

the shape of a ship and employs many green

concepts such as rainwater harvesting, solar

panels, light motion sensors and large windows

to take advantage of natural light. The 10 000m²,

R255-million building was completed in 2017 to

the design of Dominic Bonness. The Eastern Cape

Infrastructure (ECI) joint venture was responsible for

the contract. ECI, which comprises Mott MacDonald,

LDM and SFC, was also the team behind a multiyear,

R3.5-billion upgrade and expansion project at

the ports of East London, Ngqura and Port Elizabeth

which was completed in 2018.

The name eMendi honours the black

servicemen who drowned on the SS Mendi in

World War I.

The value proposition of the Port of Ngqura is

that as a deepwater port strategically positioned

within a Special Economic Zone (SEZ), it can provide

integrated, competitive and efficient port services

as a global transhipment hub ideally positioned on

the east coast of Africa.

There are hopes that TNPA’s decision will unlock

another move that has been under discussion for

decades – the relocation of the tank farm and the

manganese storage facility from the Port of Port

Elizabeth to the Port of Ngqura. This would have

the effect of opening up prime waterfront space to

tourism and hospitality businesses, allowing them

to offer an entirely new kind of tourist experience

within the harbour.

The Eastern Cape’s two SEZs are key drivers in

the province’s strategy to attract investors. At the




Credit: Dominic Bonnesse Architects

Coega SEZ, major current investors include BAIC SA

(R11-billion), the Dedisa Power Peaking Plant (R3.5-

billion), FAW SA (R600-million) and CEMZA (R600-

million). Even though Covid-19 had an effect on

activity in the SEZ, four major projects were under

construction during 2020. The following facilities

were being built: two for logistics companies (DHL

Logistics and APLI), a multi-user facility and the new

Aquaculture Development Zone, which is being

developed at a cost of R259-million.

The Coega Development Corporation, which

is assisting in the rollout of infrastructure projects

in different parts of South Africa, has now been

asked to assist provincial departments, public

entities and municipalities within the Eastern Cape

to package projects to attract funding for socioeconomic


The East London Industrial Development

Zone (ELIDZ) has a strong suit in automotive

suppliers, anchored around the proximity to

the Mercedes-Benz South Africa facility. The

ELIDZ has also received recent investments in

a diamond cutting and polishing and condom

manufacturing. While the variety of investors

at both SEZs continue to grow (Coega has 14

distinct business zones), developments in the

Oceans Economy, renewable energy (wind in

particular) and the oil and gas sector are showing

the greatest promise of new growth.

The automotive sector remains the strongest

manufacturing sector in the Eastern Cape. The scale

of recent automotive investments is impressive.

With two new Chinese car-makers (FAW and Beijing

Automotive Group South Africa, BAIC) in the Coega

SEZ, increased production volumes will ensure that

jobs are created. The sector already accounts for

more than 400 000 jobs in the province.

The long-term presence of Mercedes-Benz South

Africa, Volkswagen South Africa, Isuzu and Ford has

now been bolstered by the R11-billion committed

by BAIC. The automotive components and service

industry is similarly diverse, with everything

from tyres, windshields and batteries to catalytic

converters being manufactured and exported.

Mercedes-Benz consistently breaks records for

the number of cars it exports through the Port of East

London via Transnet Port Terminals. The company

spent about R10-billion in preparing its plant to

manufacture the new C-Class, for which it makes

12 variants. The plant is now also an IT Hub with a

focus on data analytics, software development and

business analysis.

In 2019 the Kariega (Uitenhage) plant of

Volkswagen Group South Africa created a new

production record of 161 954 vehicles, with 108 422

destined for the export market.

Ford announced in February 2021 that it would

be spending R15.8-billion on its South African

operations, which include an engine plant in

Gqeberha (Port Elizabeth). Ford wants to see a highcapacity

rail corridor built to link Gauteng (where it

makes Rangers) with the Eastern Cape.

One of the single biggest manufacturers in the

province is Aspen. The pharmaceuticals company’s

Gqeberha plant has recently had its capacity

significantly expanded thanks to an investment

of R3-billion. In late 2020 the company signed a

preliminary agreement with Johnson & Johnson to

fill vaccine vials but the process was held up by other

factors. Aspen was hoping to produce more than

300-million doses of the vaccine.

Energy projects

An established market for Liquefied Natural Gas

(LNG) exists within the Coega SEZ.

The existing 342MW Dedisa Power Peaking Plant

at Coega already has environmental authorisation for



Credit: Daimler.com

a 400kV transmission line between the plant site and

the Dedisa substation which reduces costs for future

investors. A draft scoping report has been prepared for

an integrated LNG terminal and gas-to-power plant.

National government has named the Coega

SEZ as the potential site for a 1 000MW Liquefied

Natural Gas (LNG) plant. The value to the regional

economy of the project is estimated at R25-billion.

Imported LNG would be used as feedstock initially,

while exploring local sources. Drilling off the

southern coast has revealed vast resources in the

Brulpadda field in the Southern Outeniqua Basin. If

some of this gas could be recovered, the two SEZs

on the Eastern Cape coast would become critical

to its utilisation.

Activity in the oil and gas sector would in turn

stimulate the maritime sector. The potential of

the Oceans Economy is already receiving a lot of

attention and Nelson Mandela University’s Ocean

Campus is one of the leaders. The South African

International Maritime Institute (SAIMI) has new

headquarters in Port Elizabeth.

The provincial government has invested R206-

million in the development of 100ha Aquaculture

Development Zone in the Coega SEZ. This aligns

with the Oceans Economy master plan, which

aims to leverage the province’s coastal assets in

terms of fishing, bunkering, oil and gas industry

development, tourism and marine transport and


Where energy and the Eastern Cape are already

functioning strongly is in wind power. The exciting

developments in this field are covered in a separate

article in this publication.


The Eastern Cape extends over 169 580

square kilometres, representing 13.9% of

South Africa’s land mass. The dry western

interior is one of the country’s premier sheeprearing

destinations and it is the home of the

mohair industry.

The mountainous regions of the north and

east of the province support timber plantations

while the coastal belt in the south-west is wellwatered

and is good for dairy farming. The

province has spectacular beaches stretching

from the surfer’s paradise at Jeffreys Bay all the

way to the famed Wild Coast.

Two major airports at Port Elizabeth and East

London provide good air links and smaller towns

such as Mthatha and Bhisho have airports.


The Eastern Cape has six district municipalities

and two metropolitan municipalities.

Buffalo City Metropolitan Municipality

Towns: East London, King Williams Town

The Port of East London is South Africa’s only river

port. The airport, rail links and the East London

IDZ contribute to making this an important

regional centre. Buffalo City hosts a variety of

manufacturers from vehicles to batteries and

cotton textiles and is responsible for 19.6% of

provincial GDP. There are many opportunities for

agro-processing because of the fertile hinterland

and as part of the Sunshine Coast, tourism is an

important contributor to the local economy.




Nelson Mandela Bay Metropolitan Municipality

Towns: Gqeberha (Port Elizabeth), Kariega

(Uitenhage), Despatch

With two ports, a large airport and a concentration

of manufacturing concerns, the Nelson Mandela

Bay metropole is one of the province’s key

economic drivers. It contributes 38.7% to

provincial GDP. Volkswagen, General Motors and

Ford are all located within the municipality, as are

several automotive supplier companies. Aspen,

a pharmaceutical company, and South African

Breweries are examples of other large concerns.

Nelson Mandela Bay has population of 1.1-million

and many educational institutions. The Nelson

Mandela Bay Stadium and St George’s Park cricket

ground host provincial and international sports

matches. Superb beaches and plentiful outdoor

options make the area a popular tourist stop. The

Addo Elephant National Park is less than an hour’s

drive from the Port Elizabeth city centre.

Alfred Nzo District Municipality

Towns: Matatiele, Mount Frere, Mount Ayliff

The smallest district is in the mountainous northeast,

with hiking trails for tourists. There is scope for

expansion of tourist activities, and a transfrontier

park between South Africa and Lesotho could boost

the area’s economy. Subsistence agriculture and

forestry are the major economic activities.

Amathole District Municipality

Towns: Cathcart, Stutterheim, Morgan’s Bay,

Willowvale, Butterworth, Alice, Bedford

The rural Amathole District surrounds the

metropolitan area of Buffalo City. Pineapple

and forestry are two of the most important

agricultural activities. Popular resorts on the

Wild Coast attract many tourists to the area.

Hogsback and other towns near the Amatole

Mountains offer beautiful scenery and popular

beaches. Alice hosts the main campus of the

University of Fort Hare.

Chris Hani District Municipality

Towns: Middelburg, Molteno, Dordrecht, Cradock,

Komani (Queenstown), Lady Frere, Elliot

Sheep farming is an important part of the economy.

Some coal is found in the north and tourist activities

include fly-fishing. The Foodcorp factory in Molteno

manufactures Ouma rusks. Queenstown is a centre

for cattle farming and has some manufacturing

activities. The Mountain Zebra National Park is near

Cradock. The Grootfontein Agricultural College and

Research Station is in Middelburg, and the Marlow

Agricultural College is near Cradock.

Joe Gqabi District Municipality

Towns: Aliwal North, Burgersdorp, Lady Grey,

Rhodes, Barkly East, Ugie

Cattle and sheep farming make up 80% of land

use, while commercial forestry is a big contributor

to employment. There are large forestry plantations

at Ugie and Mount Fletcher. Maize is grown along

the Orange River and wheat in the foothills of

the Drakensberg mountains. Tiffindell has been

revived as a ski resort. The village of Rhodes hosts a

“Stoepsit” festival in February.

OR Tambo District Municipality

Towns: Mthatha, Coffee Bay, Port St Johns,

Qumbu, Bizana, Flagstaff

OR Tambo District Municipality encompasses

some of the province’s least-developed areas and

contains one of South Africa’s most important

ecological areas, the Pondoland Centre of Plant

Endemism. There is mining in some areas but plans

for titanium mining on seaside dunes are being

contested. A Wild Coast Spatial Development

Initiative exists to plot further development.

Forestry is a big employer.

Sarah Baartman District Municipality

Towns: Graaff-Reinet, Humansdorp, Jeffreys Bay,

Makhanda (Grahamstown)

The western part of the province contains

the biggest municipality geographically.

Large commercial farms in the Karoo produce

high-quality meat, wool and mohair, while

the coastal belt has dairy farming and some

forestry. The Kouga Valley is a big deciduous

fruit producer, while the Kirkwood/Addo area

is known for its citrus. Sarah Baartman has

three of the region’s national parks and several

private game farms. Makhanda hosts the

National Arts Festival, Rhodes University and

several fine schools. ■




South African economy at a glance

Insight into the South African ecomomy.








North West








Northern Cape


Free State






Western Cape


Eastern Cape


Percentage contribution of each province to national GDP.


secured tens of thousands of new seats on direct

Trends Table: South African mining production

flights to and from the city).

• Companies are successfully trading into Africa.

Good Increased signs for the economy by 116.5% include: year-on-year • Niche in agricultural April markets 2021. are booming with

• Several provincial governments and investment macadamia nuts being the most successful.

agencies are establishing trade relations and Pecan nuts have done well and wine and grape

study Largest programmes contributors with BRICS countries. State % increase exports to China % contribution

are growing.

visits to and from China immediately before and • Private education at school and tertiary level is

after a major BRICS summit in 2018 gave an indication

that Ramaphosa holds high hopes for • New banking licences have been issued and

growing as a sector.

Platinum Group Metals 276.1% 39.2%

increased trade with the biggest of the BRICS several more are in the pipeline.

nations. Two-way trade between the countries in • New stock exchanges came on line in 2017 and

2017 was worth $39.1-billion. South Africa wants more are expected.

to Gold grow tourist numbers from China. South Africa 177.9% • Investment 16.6% in infrastructure (especially ICT and

became the first country in the world to export railways) is strong. Nedbank’s report on capital

beef to China in 2017, to go with existing exports expenditure in South Africa stated that the



iron ore, platinum


and fruit and wine.


29 large projects


announced in the first half

• Tourists are visiting South Africa in record numbers

(Cape Town’s Air Access programme has Mail). The renewable energy

of 2018 were valued at R63.9-billion (Financial


Iron ore 149.1% 13.3%

Source: StatsSA.com


Source: world exports.com

Table: South African mineral sales

Mineral sales increased by 152.7%

year-on-year in April 2021.

Largest contributors % increase % contribution

PGMs 465.9% 103

Iron ore 115.6% 19.5

Gold 40.9% 6.5






Growing middle class, affluent consumer

base, excellent returns on investment.




South Africa (SA) has the most industrialised economy in Africa.

It is the region’s principal manufacturing hub and a leading

services destination.



SA is the location of choice of multinationals in Africa.


Global corporates reap the benefits of doing business in

SA, which has a supportive and growing ecosystem as a

hub for innovation, technology and fintech.






SA has a sophisticated banking sector with a major

footprint in Africa. It is the continent’s financial hub,

with the JSE being Africa’s largest stock exchange by

market capitalisation.

The African Continental Free Trade Area will boost

intra-African trade and create a market of over one

billion people and a combined gross domestic product

(GDP) of USD2.2-trillion that will unlock industrial

development. SA has several trade agreements in

place as an export platform into global markets.



SA has a number of world-class universities and colleges

producing a skilled, talented and capable workforce. It

boasts a diversified skills set, emerging talent, a large pool

of prospective workers and government support for training

and skills development.









SA has a progressive Constitution and an independent judiciary. The

country has a mature and accessible legal system, providing certainty

and respect for the rule of law. It is ranked number one in Africa for the

protection of investments and minority investors.



SA is endowed with an abundance of natural resources. It is the leading producer

of platinum-group metals (PGMs) globally. Numerous listed mining companies

operate in SA, which also has world-renowned underground mining expertise.




A massive governmental investment programme in infrastructure development

has been under way for several years. SA has the largest air, ports and logistics

networks in Africa, and is ranked number one in Africa in the World Bank’s

Logistics Performance Index.


SA offers a favourable cost of living, with a diversified cultural, cuisine and

sports offering all year round and a world-renowned hospitality sector.



Page | 2



The wind power province

The Eastern Cape is attracting the lion’s share of

investment in wind energy.

The announcement in May 2021 that

the 123MW Golden Valley Wind Energy

Facility near Cookhouse south of

Cradock in the Sarah Baartman District

Municipality had reached commercial operations

means that the energy requirements of about

120 000 households will be met.

The announcement by BTE Renewables was also

typical of statements being issued by companies

operating in the province with increasing regularity. The

Eastern Cape really is South Africa’s wind power province.

South Africa’s National Development Plan (NDP)

requires 20 000MW of renewable energy by 2030

and wind power technology, together with solar

photovoltaic, are the two primary methods that are

being deployed in pursuit of that target.

Just a few kilometres east of Cookhouse there

are a further two wind farms, both awarded to

Enel Green Power (EGP) in the fourth round of the

country’s Renewable Energy Independent Power

Producer Procurement Programme (REIPPPP). The

Nxuba and Nojoli wind farms will respectively

produce 140MW and 88MW and represent what

might be called Enel’s Eastern Cape mountain area

investment. On the coast they have built wind

farms at Oyster Bay and Gibson Bay, west of the

138MW Jeffreys Bay Wind Farm, which is run by

Globeleq and was one of the country’s first big

wind energy facilities.

The suitability for wind power generation of

the Eastern Cape’s coastline and its mountainous

regions is illustrated again in the profile of

Cennergi, the energy company that was born of

diversified resources company Exxaro. Cennergi has

the 134MW Amakhala Emoyeni Wind Farm project

near Bedford in the Winterberg mountains and

the 95MW Tsitsikamma Community Wind Energy

Facility (TCWF) close to the sea, about 30km west

of Humansdorp.


The Golden Valley Wind Energy Facility is owned

by BTE Renewables (60%), Thebe Investment

Corporation (37.5%) and a local community trust

(2.5%). This is a typical ownership structure for

renewable energy power projects under the REIPPPP.




Credit: BTE Renewables

The REIPPPP has attracted a good deal of praise for

its efficiency and effectiveness: in five years about

R200-billion was committed in investments in a

variety of projects all over South Africa.

South Africa’s two biggest institutional investors,

the Industrial Development Corporation (IDC) and

the Public Investment Corporation (PIC), have

played a big role in helping communities fund

participation in community trusts which have taken

ownership stakes in power projects.

The REIPPPP was derailed for a period but is

now back on track. One of the sad results of the

refusal by national utility Eskom to buy renewable

power for two years was the closing down and

auctioning off of a wind tower manufacturing plant

in the Eastern Cape. DCD Wind Towers was a joint

venture between the DCD Group and the Industrial

Development Corporation (IDC) at Coega.

The South African Wind Energy Association

(SAWEA) has issued a Commitment Statement

which noted that the REIPPPP has a “built-in

demand for local procurement”, not only offering

business opportunities to local companies, but also

incentivising the industry to identify and support

emerging entrepreneurs.

The rollout of renewable energy has met some

resistance in South Africa from constituencies as

diverse as coal-truck drivers and advocates of

nuclear power. In response, renewable energy

advocates cite not just investment figures, but

they note how much good work has been done

in communities.

Figures released by SAWEA show shareholding

for local communities at an estimated net income of

R29.2-billion over the lifespan of the projects. Some

14 000 new jobs are expected to be created, mostly

in rural areas, and more than R30-billion has already

been spent on Black Economic Empowerment (BEE)

in the construction phase.

Part of the SAWEA Commitment Statement

reads, “Our aim over time is to transform and

indigenise leadership at all levels in the South

African Renewable Energy sector.”

The average lead time in the projects that have

so far been approved in the province is two years,

with local content averaging out at about 47%.

When the projects are complete, R142.9-billion will

have been spent on procurement, R65.7-billion of

which will be local.

The Eastern Cape is now home to more than

15 wind farms. More than half the wind farm

projects so far approved in the REIPPPP have

been allocated to the province. The Kouga area

west of Jeffreys Bay and the Cookhouse/Bedford

area about 95km north-west of Makhanda

(Grahamstown) represent two wind power hubs,

with a collective capacity of 1 185MW.

POWERX has signed up with AKM Foods to

supply power to all the KFC outlets in Nelson

Mandela Bay. POWERX trades in renewable energy

through licences granted to it by the national

energy regulatory authority, NERSA. By aggregating

power purchases, the company is able to mitigate

risk in a way that an individual purchaser may not be

able to. POWERX now supplies over 40 national and

local customers in Nelson Mandela Bay and it aims

to expand the customer base. ■




Lizelle Maurice

Lizelle Maurice is a child of the

Eastern Cape Soil. She did everal tertiary

courses through Coronation nursing

College, Unisa, Damelin & UCT.

She owns Park Place Boutique Guest

House, which has won her National Tourism

Department’s Lilizela Awards in the Emerging

Tourism Entrepreneur of the Year category.

She was appointed as the BKCOB’s

Executive Director in 2021.



The Nelson Mandela Bay


Nelson The Nelson Mandela

Chamber Mandela Bay Bay

A catalyst Business for economic growth Chamber

in the region.

A catalyst for economic growth in the region.

The heartbeat Nelson Mandela of business Bay Business success Chamber in the is region. a not-for-profit An eighth task team, called Industry

organisation representative of a broad spectrum of businesses 4.0, begins its work in 2019 to prepare

The Nelson Mandela Bay Business Chamber is a not-for-profit

The in Nelson Nelson Mandela Mandela Bay. Bay It is Business one of Chamber the largest is business a not-forprofit

company in the Eastern representative Cape, with of a membership a broad spectrum of more

local businesses for the digital shift.

organisation representative of a broad spectrum of businesses


in Nelson Mandela Bay.


than 700 businesses businesses It is one


of the Nelson largest

over Mandela 100


000 Bay. people


in a diverse

in the Eastern


of sectors. It is one of the largest business associations the Eastern

Enterprise Development

Cape, with a membership of more than 700 businesses employing

Cape, The over Nelson with 100 000 a Mandela membership people Bay in a Business diverse of more array than Chamber of 700 sectors. businesses is a leading employing catalyst

and Exporter

for over economic 100 The 000 Nelson development, people Mandela in a diverse through Bay Business array its of strategic Chamber sectors. Triple is a leading Helix model catalyst

of collaboration for The economic Nelson between Mandela development, industry, Bay Business through academia Chamber its strategic and is government, a leading Triple Helix catalyst which model for Development

serves economic of as collaboration the development, foundation between of through creating industry, its a strategic competitive academia Triple and Helix Nelson government, concept Mandela of building Bay. which

Denise van Huyssteen,

relationships The serves Business as the between Chamber foundation the has university-industry-government of been creating the heartbeat a competitive of business as Nelson the foundation success Mandela The Nelson Mandela Bay Business

Chief Executive Officer

in the of Bay. creating region The a for Business competitive over 150 Chamber years. Nelson The Mandela has Business been Bay. the Chamber The heartbeat Business is driven Chamber of business by has a Chamber Enterprise Development

team been success of dedicated the heartbeat in the staff region of business and for volunteers, over success 150 years.

lobbying the region on for issues over 150 affecting years. the Programme Now in was its launched seventh phase, in 2014, the to

ease of The doing The Business business Chamber and companies’ is is driven by sustainability. by a a team of of The dedicated organisation

staff and develop programme Denise the van skills Huyssteen, is that funded enhance by and the

also builds volunteers, international lobbying relations issues to form affecting a vital the the link ease ease between of of doing business

grow Eastern Chief small

Nomkhita Executive businesses. Cape Officer Development




2018 the

owners and and and companies’ international sustainability. markets. The The Business organisation Chamber also builds also builds interna-

Business Corporation Chamber (ECDC)

Executive successfully and is geared

Officer. hosted

the towards fifth phase developing of the sustainable


international markets.

Development enhance SMEs through and Programme, an grow enabling small with and


SMEs businesses. creative set to graduate enterprise In 2018 in development

the March Business 2019.

international tional relations relations to form to form a vital a vital link link between business owners and and

To be Vision a leading catalyst for economic development in Nelson Mandela Bay. Over Chamber programme, 120 entrepreneurs successfully and also have to facilitate

hosted benefited

the the from fifth effective this phase programme.

combination of the Enterprise of skills of

To To be be a leading a leading catalyst catalyst for economic for economic development development in Nelson Mandela throughout Bay.

Nelson Mandela Bay.


Meanwhile, Development development, the pilot

coaching Programme,





the from Business

mentoring which Chamber’s using SMEs lessons graduated Exporter



By Mission influencing the factors and key stakeholders that create a

March from previous 2019.


By influencing the factors and key stakeholders that create a competitive Development Programme concluded

at the end of 2018, with 10 com-

competitive By influencing enabling the factors business and key environment. stakeholders that create a competitive Since Over its 120 its inception entrepreneurs in 2014, in have 2014, the

enabling business environment.

enabling business environment.

the benefited programme from has this has programme.


panies finishing this programme in its

Task Teams

186 Meanwhile, 186 businesses the who pilot have phase been

first year. The programme is aimed




The Task Nelson

Teams teams Mandela Bay Business Chamber has established a structure

the empowered Business Chamber’s with skills Exporter to run

empowering SMEs to position themselves

of The task Nelson teams Mandela to facilitate Bay the Business ease of Chamber doing business. has established The task teams a structure are:

Development financially sustainable Programme enterprises for to

The Nelson

• of Infrastructure


three task teams Task

Bay Business

divided Team

Chamber has established a structure

into sub-groups, to facilitate the ease of unlock 2018/2019 to




socio-economic had socio-economic


10 participants.


of seven

• doing Water


business. Sub-group

teams to facilitate the ease of doing business.

The task teams are:

through That development figure structured has through multi-level grown structured for training, the


• • Roads

task teams

Infrastructure and Stormwater


Task Team Sub-group

mentoring 2019/2020 multi-level and training, linkage intake mentoring support. with and 19 The

• Electricity Water Task

- Roads and Sub-group Team


Stormwater Sub-group

programme participants linkage support. runs registered. over The programme

nine months The

• SMME Roads and

- Water Task Storm

Sub-group Team Water Task Team

Events and programme runs at is over the facilitated Nelson nine is aimed months by Mandela

at the empowering

facilitated SMEs

and Nelson Bay is

• • Special SME

- Electricity

Task Projects Team

Sub-group Task Team

Business Mandela Chamber University by to the position

keep Nelson Business themselves

business Mandela School





Energy Task Team

owners and as University emerging the up eWatchdog. to Business date


and School informed and the

• Enterprise • Transport Special Development Projects and Logistics Task Team Programme

Task Team

on a eWatchdog. wide With variety an unemployment of topics affecting rate of

• The Metro Nelson Collaboration Mandela Bay Task Business Team Chamber Enterprise Development business 36.4%, Events this in Nelson augurs Mandela well for Nelson Bay.

• Programme Enterprise Trade and Development was Investment launched Task in Programme 2014, and TeamExporter to develop Development

the skills that enhance Regular Mandela Events networking at Bay the Nelson as small functions Mandela businesses offer Bay

and The grow Nelson small Mandela businesses. Bay Bay Business Chamber Enterprise Enterprise Development Development

Now Programme in its was seventh launched was phase, launched in 2014, the to in develop programme 2014, to the develop skills is funded that the enhance skills by the that and vehicles owners to up drive to date job and creation.

and Business entrepreneurship Chamber keep are business seen as





Eastern grow small Cape businesses. Development Corporation (ECDC) and is geared One of the graduates, Yolanda





Bukani, the Managing Director of Black Excellence, said the programme

empowered her as an entrepreneur with many critical skills to

successfully run her business.

“Entrepreneurship is a lonely journey and without the necessary

support, it’s easy to give up. But through this programme, I had the

privilege of networking with other entrepreneurs and we shared each

other’s journeys and, in the process, created a solid networking platform.

“The mentorship was the greatest source of inspiration because

it has helped us to traverse the challenges of running a business and

how to overcome them. From here onwards, I foresee exponential

growth in my business and hopefully I will be able to create more

employment for the Bay’s youth because currently, opportunities are

quite few,” Bukani said.


Events at the Nelson Mandela Bay Business Chamber keep business

owners up to date and informed on a wide variety of topics affecting

business in Nelson Mandela Bay. Regular networking functions offer

business owners the chance to make new professional contacts. The

Business Chamber’s flagship events – the Annual Business Chamber

Golf Day, the Annual Ladies’ Breakfast and the Annual Banquet – are

highlights on the Bay’s business and social calendar.

Publications and marketing

As another value-added service to members, the Nelson Mandela Bay

Business Chamber provides members with a variety of publications

across print and electronic platforms, including our quarterly printed

member magazine, Infocom, and the printed annual Business Guide.

Help desk

In line with its vision of providing an enabling environment for

business, the Business Chamber set up an Ease of Doing Business help

desk in 2018. The help desk assists members through reducing red tape

and engaging with the Nelson Mandela Bay Metro regarding these

members’ obstacles in conducting business. The Business Chamber

also engaged with the city’s leadership in 2018 towards the goal of

establishing a One Stop Shop for existing and potential investors and

will continue these engagements in this year (2021).

Research unit

The Business Chamber established an in-house cluster research unit

in 2018. Its aim is to identify several catalytic projects that can be

marketed to investors and contribute to the development of key

sectors. The unit provides a library of business intelligence and insights

for the development of essential clusters.

The Feather Market Centre has been repurposed

as a modern conference centre in the

heart of Gqeberha.

Credit: Nelson Mandela Bay Tourism

Certificates of Origin

A Certificate of Origin is a

document which states the

origin of goods being exported

and this “origin” is a key

requirement for applying tariffs

and other important criteria. As

an accredited provider of this

service, the Nelson Mandela

Bay Business Chamber signs

Certificates of Origin and offers

exporters the opportunity to

certify electronically through the

ECOO system.

Corporate Social Investment

Because the majority of our

membership’s workforce is based

in the city, the region of Nelson

Mandela Bay is the direct beneficiary

of their Corporate Social Investment

programmes – including skills

development initiatives, bursaries

and scholarships. Many of our

member companies significantly

contribute to alleviating poverty

and specifically unemployment in

the region of Nelson Mandela Bay

through various initiatives purposed

to grow the local economy. ■


Address: 200 Norvic Drive, Greenacres 6045 | Tel: +27 (0) 41 373 1122 | Fax: +27 (0) 41 373 1142

Email: info@nmbbusinesschamber.co.za | Website: www.nmbbusinesschamber.co.za



Nedbank Business Banking

helps the public sector

see money differently

We understand that the various

spheres of government and their

agencies face unique challenges.

They are ready and able to draw on

the bank’s innovative, seamless and

hassle-free products to help build a

greater nation.

But the bank's role goes beyond offering

banking solutions to these vital entities. As

money experts who do good, Nedbank strives to

empower the people behind the public sector by

saving them time, money and helping them

manage their money better.

Nedbank is committed to delivering easy and

innovative banking solutions to government,

municipalities, state-owned enterprises and

academic institutions — including TVET colleges

and universities — throughout South Africa.

Mzi Baleni, Nedbank's Provincial Manager for

the Public Sector in the Eastern Cape, says that

given the strategic importance of the public

sector to the economy and the country at large,

Nedbank has a dedicated team to offer financial

solutions that enable the broader mandate of

service delivery. ‘We understand that the

various spheres of government and their

agencies face unique challenges. They are ready

and able to draw on the bank’s innovative,

seamless and hassle-free products to help build

a greater nation.’

'We help them save time by offering on-site help

from dedicated teams and through our

market-leading Nedbank Money app and other

digital solutions. We also help them save money

through our preferential banking solutions and

our award-winning Financial Fitness and

Consumer Education Programme. The latter

helps them manage their money better by

providing budgeting and money management

training, equipping their employees to deal with

everyday money management challenges,' says


To find out more about how Nedbank can

partner with your organisation to grow a

greater South Africa, please call Mzi Baleni on

+27 71 928 5867, email him on

MziB@nedbank.co.za or visit



see money differently


Nedbank Ltd Reg No 1951/000009/06. Authorised financial services

and registered credit provider (NCRCP16).


Nedbank Business Banking

aims to support all business

sectors in the Port Elizabeth area

Jordaan Roelofse, Nedbank

Regional Manager of Retail and

Business Banking for Port Elizabeth

and surrounds, says that their

business managers are specialists in

the commercial, agriculture,

professional, wholesale and retail

industries and services, as well as

the public sector.

Nedbank understands that if the various

challenges faced in the agricultural sector in

particular are not addressed, it will threaten

economic growth, food security, employment

and investment. ‘By using our financial expertise

to do good, we partner with our agricultural

clients to contribute to a growing, competitive,

transformed and climate-resilient agricultural


Jordaan Roelofse, Nedbank Regional Manager

of Retail and Business Banking for Port

Elizabeth and surrounds, says that their

business managers are specialists in the

commercial, agriculture, professional, wholesale

and retail industries and services, as well as the

public sector.

Operating from offices in Port Elizabeth,

Roelofse says the team is ready to help clients

with professional advice, industry-specific

solutions and a comprehensive range of financial

products and services.

‘At Nedbank Business Banking, we believe that

you need a flexible, resilient financial partner

who not only understands your circumstances

and aspirations, but also offers relevant

solutions and a banking experience that is

hassle-free. This lets you concentrate on what’s

most important – running your business,’ says


To this end, Nedbank has developed innovative

funding solutions designed to support farmers

with sustainable farming interventions, ranging

from water efficiency mechanisms and

cutting-edge irrigation to renewable-energy

financing. Roelofse says that Nedbank’s

leadership position in renewable-energy finance

is helping many farmers and agribusinesses to

benefit from cleaner, more reliable and

affordable power generation than the national

grid can provide.

To take your business to the next level or for

more information about Nedbank’s specialised

service offering, call Jordaan Roelofse on

+27 (0)83 627 2210, send an email to

JordaanR@nedbank.co.za, or visit


see money differently


Nedbank Ltd Reg No 1951/000009/06. Authorised financial services

and registered credit provider (NCRCP16).


Money experts serving the

East London business


Sandy Pelser, Nedbank Regional Manager of

Retail and Business Banking for East London and

surrounds, says that a deep commitment to

partnership is what governs the team's personal

and professional values.

‘Our bigger-picture banking approach enables

us to not only offer banking solutions that our

clients need, but also a holistic view of how our

products are connected to create a framework

that yields maximum impact across every facet

of their businesses and beyond,’ she says. ‘We

know that success in business is about

partnerships, so we put the building of deep,

lasting, value-adding relationships at the centre

of everything we do. This means your goals are

our goals, your vision is our vision, and your

success is our success – while you rely on our

additional support that is most needed in times

of change and uncertainty,’ she says.

We know that success in business is

about partnerships, so we put the

building of deep, lasting,

value-adding relationships at the

centre of everything we do. This

means your goals are our goals,

your vision is our vision, and your

success is our success – while you

rely on our additional support that is

most needed in times of change and


Nedbank knows that navigating your business

through a challenging economic landscape is

hard enough, and that taking care of your daily

business-banking needs shouldn't add to that

load. 'With this in mind, we’ve designed the

Nedbank Business Hub with convenience,

security and control in mind. The Nedbank

Business Hub boasts 130 different services that

enables you to bank and transact, get finance,

invest and insure – it's hassle-free banking at

your fingertips,’ says Pelser.

‘Ultimately, our philosophy is to partner with our

clients to grow their businesses, so we’re always

finding ways to support them in this quest. Our

aim is to use our financial expertise to do good

to help build a strong, resilient economy for the

betterment of all,’ says Pelser.

To take your business to the next level or for

more information about Nedbank’s specialised

service offering, call Sandy Pelser on

+27 (0)83 628 9897, send an email to

SandyP@nedbank.co.za or visit



see money differently


Nedbank Ltd Reg No 1951/000009/06. Authorised financial services

and registered credit provider (NCRCP16).


Nedbank offers specialist

support for a post-

Covid-19 world

Daneel Rossouw

Sylvester Funani, Nedbank Regional Manager of

Retail and Business Banking in Mthatha, says

that as South Africa progresses through the

various stages of Covid-19, they are working

through recovery scenarios with existing and

prospective clients. This is all while staying true

to Nedbank's brand promise to use its financial

expertise to do good for individuals, families,

businesses and communities in which it operates.

Funani says that, during the pandemic, the bank

has elevated its client engagement and

extended tailormade relief to many of clients,

equipping and enabling them to benefit from

various digital and remote solutions. ‘This

ensures uninterrupted transactional and

informational access while not compromising on

security,’ he says.

‘...as South Africa progresses

through the various stages of

Covid-19, they are working through

recovery scenarios with existing

and prospective clients. This is all

while staying true to Nedbank's

brand promise to use its financial

expertise to do good for individuals,

families, businesses and

communities in which it operates.

One of the solutions the bank has added to its

portfolio, specifically with Covid-19 safety in

mind, is appointment banking. ‘For your

convenience and to limit the time you spend in

public spaces, you can now make an

appointment with a dedicated relationship

banker directly via the Nedbank Money app or

Online Banking, and choose the date, time and

branch that suits you,' says Funani.

Funani’s team operates from the Nedbank

Mthatha Plaza branch and is ready to help

clients with professional advice, industry-specific

solutions and a comprehensive range of financial

products and services. His team is also

supported by skilled agricultural specialists, who

offer specialised advisory services.

To take your financial wellness to the next level

or for more information about Nedbank’s

specialised service offering, call Sylvester Funani

on +27 (0)83 569 2326, send an email to

SylvesterF@nedbank.co.za, or visit


see money differently


Nedbank Ltd Reg No 1951/000009/06. Authorised financial services

and registered credit provider (NCRCP16).


Money experts bringing

21st century banking to

all communities

Nedbank has continued to deliver on

its brand promise, which is to use

our financial expertise to do good

for individuals, families, businesses

and communities in which we


And the innovative banking journey continues,

ensuring greater value for clients. The Nedbank

Contact Centre and our market-leading

Nedbank Money app has enabled the bank to

continue serving clients in the comfort of their

homes, bringing convenience, safety and

compliance with lockdown regulations. With the

Money app clients can manage accounts and

investments, make payments, set savings goals

and budgets, all from their smartphones, and

make instant payments to anyone on their

contact list, even if the recipient isn’t a Nedbank


Emile Bester, Nedbank Provincial Client Network

and Sales Manager for the Eastern Cape says

that as money experts who do good, Nedbank

strives to empower the people who drive the

Eastern Cape economy by saving them time,

money and helping them to manage their money


‘Nedbank has continued to deliver on its brand

promise, which is to use our financial expertise to

do good for individuals, families, businesses and

communities in which we operate. Our

client-centred strategy has enabled us to reach

out to our clients in time of need during Covid-19

lockdown levels,’ says Bester.

Bester adds that working with communities is

rooted in the bank’s values through community

and skills development, education and job

creation, as well as environmental conservation.

‘These play a vital role in building a sustainable

economy and vibrant society. We believe our

fast-growing presence in communities goes a

long way towards enabling greater financial

inclusion while contributing towards economic

growth,' he says.

To find out more about banking from the

comfort of your home or for more information

about Nedbank’s specialised service offering,

please call Emile Bester on +27 (0)10 235 7784,

send an email to EmileBe@Nedbank.co.za, or

visit www.nedbank.co.za.


see money differently


Nedbank Ltd Reg No 1951/000009/06. Authorised financial services

and registered credit provider (NCRCP16).


Solutions for small businesses

aimed at creating jobs and

growing the economy

Nedbank’s Provincial Manager of Small Business

Services in the Eastern Cape, Andisa Sikwebu,

explains how brand values built on the bank’s

expertise can benefit Nedbank clients, especially

in what is now considered ‘the new normal’.

Sikwebu says that for small-business clients,

Nedbank continues to deliver end-to-end

solutions through a dedicated business

manager. ‘Our bigger-picture business

approach enables us to have a holistic view of

each business by understanding the vision,

cashflow cycle, and transactional and capital

expenditure needs. This way, we become trusted

advisors to business owners who strive to grow

their businesses.’

Our bigger-picture business

approach enables us to have a

holistic view of each business by

understanding the vision, cashflow

cycle, and transactional and capital

expenditure needs. This way, we

become trusted advisors to

business owners who strive to grow

their businesses

Small businesses often lack formalisation, as

proved by many not qualifying for Covid-19

assistance due to outdated records and not

meeting regulatory requirements. Sikwebu says

that Nedbank’s experts are available to offer all

the support small businesses need, which goes

beyond affordable banking solutions. ‘We offer

value-added services to get and keep your

business going, like our free-to-join networking

portal, SimplyBiz.co.za, The Essential Guide for

Small-business Owners, business registration

services and free small-business seminars.’

Sikwebu adds that the current economic climate

has highlighted low financial literacy levels

among small-business owners who find

themselves highly indebted. ‘Nedbank Retail

Banking helps clients with debt consolidation to

ease their financial difficulties, and offers

financial literacy programmes and tailormade

solutions to empower them to save and make

better financial decisions in future.’

To take the financial wellness of your small

business to the next level or for more

information, please call Andisa Sikwebu on

+27 (0)72 984 9645, send an email to

AndisaS@nedbank.co.za, or visit


see money differently



Nedbank Ltd Reg No 1951/000009/06. Authorised financial services

and registered credit provider (NCRCP16).


Agriculture and agro-processing

Cannabis producers are thinking of automotive applications.


Coega SEZ has an Aquaculture

Development Zone.

The province’s Special Economic Zones use their connection to the

ocean to promote aquaculture. Credit: ELIDZ

The provincial government’s stimulus fund has

invested R206-million in the development of a 100ha

Aquaculture Development Zone in the Coega Special

Economic Zone (CSEZ). The East London Industrial

Development Zone (ELIDZ) already has several companies

operating in the aquaculture sector.

A marine tilapia project is a project of the Sustainable Infrastructure

Development Symposium. The Eastern Cape Rural Development

Agency and the Mbhashe Municipality are implementing the project

to benefit more than 15 000 small-scale farmers who will supply the

fish farms with feed. The OR Tambo District Municipality has purchased

refrigerated containers.

Legislation to control the production and commercialisation

of cannabis is being developed and the Eastern Cape provincial

government is investigating the building of a cannabis plant.

The automotive sector currently imports hemp plastic which can

apparently be replaced by products made from cannabis.

Labat Healthcare South Africa has rolled out the first of a planned

series of franchise businesses under the label, Labat Cannabis

Warehouse. Medical marijuana is just one of the many products

being targeted. Others include cannabidiol (CBD) oils and capsules,

oral sprays, terpenes, cannabis-infused foods and energy drinks. The

company intends extending its cultivation of cannabis in greenhouses,

primarily in Gauteng and the Eastern Cape, to 40 000m².

Getting small-scale farmers connected to agro-processing value

chains is a major goal for agricultural policy-makers. This lies behind

the creation of a Special Economic

Zone (SEZ) on the Wild Coast. The

5 000ha Ncora Irrigation Scheme is

seen as a model for the SEZ, which

has attracted interest from Anglo-

Gold Ashanti and Exxaro.

The Eastern Cape Department

of Rural Development and

Agrarian Reform (DRDAR) has

several programmes to support

small-scale farmers. The Eastern

Cape Development Corporation

(ECDC) supports agro-processing

through loans and equity

arrangements: projects that have

received financial support include

aquaculture, the production of

dietary fibre from pineapples and

bamboo products.

There are about 70 000

people employed on commercial

farms across the Eastern Cape,

with a further 436 000 people

dependent on smaller farms,

mostly in the east.

The National Woolgrowers’

Association of SA (NWGA) is based

in Gqeberha formerly Port Elizabeth,

as is Cape Wool SA, which used

to be known as the South African

Wool Board. The NWGA has a simple

motto: “more sheep: more wool”

which it tries to achieve through

its Production Technology Services

which is offered to a membership

base of 4 500 commercial and 20 000

communal members.




Agricultural assets

The Eastern Cape provides approximately a quarter of South Africa’s

milk, and the industry is further expanding as producers are favouring

high-rainfall coastal areas such as the Tsitsikamma region.

South Africa now produces about 54% of the world’s mohair and

Gqeberha is the mohair capital of the world in the sense that its port

handles the bulk of South African exports, many companies have

their headquarters there and the sector association, Mohair South

Africa, is based there.

Farms around the small towns that dot the open plains

south of Graaff-Reinet, Aberdeen, Somerset East, Jansenville

and Willowmore routinely produce nearly half of South Africa’s

production. The office of the South African Mohair Growers

Association (SAMGA) is in Jansenville.

Grootfontein College of Agriculture, the only tertiary educational

institute in the country to offer a programme aimed at Angora goat

farming and mohair production, is located in Middelburg, north of


Processing of mohair takes place in Kariega (Uitenhage),

Gqeberha and Ntabozuko (Berlin) outside East London. The

mohair value chain includes brokers, buyers, processors, spinners,

manufacturers and retailers.

The SAMIL company has divisions all along the value chain. This

covers farming, combing, trading, spinning and dyeing. The Angora

Genetics Laboratory (ANGELA) was established in 2013 to improve yields.

The Stucken group controls Mohair Spinners South Africa, Hinterveld (a

mill) and a processing company called Gubb & Inggs in Kariega.

Ouma Rusks are still made in the small town where they were

invented, Molteno. Cadbury operate a big site across the lake from the

Nelson Mandela Stadium in Gqeberha and Nestlé makes 11 kinds of

chocolate at its factory in East London. The Sasko mill in Gqeberha is

the province’s only big milling plant.

The Eastern Cape is the country’s second-largest producer of

citrus fruit. A national export record was achieved in 2020, with

146-million cartons of fresh citrus being exported (putting South

Africa only behind Spain). Citrus yielded R3.4-billion in exports for the

Eastern Cape.

Oranges make up the vast

majority of citrus products.

Deciduous fruits such as apples,

pears and apricots are grown

primarily in the Langkloof

Valley. Another crop in which

the Eastern Cape leads national

production is chicory. The

province’s pineapple crop is

grown in the same part of the

Sunshine Coast that produces

chicory. The Eastern Cape

Rural Development Agency

(ECRDA) has partnered with a

community to plant the popular

nut at Ncera in the Tyume Valley

north of Alice.

The Eastern Cape holds

21% of the country’s cattle

(about 3.2-million), 28% of

its sheep (seven-million) and

46% of its goats, making it the

largest livestock province by a

large margin.

The rich natural grasslands

of the Eastern Cape have the

potential to produce high-value

organic meat, a product that is

increasingly popular in healthconscious

international markets.

Coca-Cola Sabco and

SAB Limited’s Ibhayi brewery

are the major beverage

manufacturers in Gqeberha

and Distell has a bottling

plant in the city. Sovereign

Foods in Kariega is the

country’s fourth-biggest

producer of poultry. ■


Eastern Cape Rural Development Agency (ECRDA): www.ecrda.co.za

Milk Producers Organisation: www.mpo.co.za

National Woolgrowers’ Association of South Africa: www.nwga.co.za

South African Mohair Growers Association (SAMGA): www.angoras.co.za




The Umzimvubu project is a national priority.


Water levels in the Kouga

Dam have reached

dangerous levels.

Awater supply and hydropower project is planned on

the Umzimvubu River. The project, recently allocated

to the National Department of Public Works and Infrastructure

as part of a list of 50 priority infrastructure

projects, entails the construction of two multipurpose dams

and the provision of hydropower.

The Kouga Dam (pictured), which serves urban areas such as

Gqeberha and citrus farmers in the Gamtoos Valley and beyond, was

reported to be a 7% in May 2021, the lowest level since it was built.

Several plans are under consideration to alleviate the water

shortages facing the Eastern Cape’s towns and rural areas. Most

municipalities introduced restrictions on usage with the Nelson

Mandela Bay Municipality limiting residents to 50l per day.

The provincial regional bulk infrastructure grant programme is

paying for nine bulk water projects, valued at R4.9-billion, including

the R500-million Amatola Water Six Plant Upgrade.

The Nelson Mandela Bay metropole currently gets its water from

10 dams, six of which are owned by the municipality. Water services

are provided to the citizens of the Eastern Cape by 17 water service

authorities which oversee 163 drinking water supply systems.

Muncipalities and Amatola Water are the primary providers of services.


Credit: Gamtoos Irrigation Board

National Department of Water and Sanitation: www.dwa.gov.za

Umzimvubu Catchment Partnership Programme: www. umzimvubu.org

Water Institute of South Africa: www.wisa.org.za

Water Research Commission: www.wrc.org.za

Amatola Water manages

bulk water infrastructure across

50 000km², encompassing the

district municipalities of Chris

Hani and Amathole, together

with portions of other municipal

areas. Backlogs in rural areas

and smaller municipalities are

still prevalent, and this water

authority is playing a key role in

reducing and eradicating these


The Rhodes University

Institute for Water Research

is one of several institutions

in the country that conducts

research into water quality. A

lot of the institute’s funding

comes with project-related

grants from the national Water

Research Commission, some

students receive funding from

the Carnegie Foundation and

Unilever sponsors the Unilever

Centre for Environmental

Water Quality, a unit within the


The Water Institute of South

Africa has 1 800 members. It

does research, provides members

with information and runs

conferences. As in most areas of

life in South Africa, environmental

standards are set and maintained

by the South African Bureau of

Standards (SABS). ■



Construction and property

Gqeberha is expanding westwards.



Student accommodation is

a growth sector.

The biggest shopping mall in the Eastern Cape is set to become

the centre of a significant housing development. The plan for

the Baywest Mall (pictured) on the western edge of Gqeberha

(formerly Port Elizabeth) always envisaged the project acting

as a catalyst for other forms of development. The mall was jointly developed

by Abacus Asset Management and the Billion Group.

The Provincial Government of the Eastern Cape has announced

that an R18-billion Bay West housing project is at “an advanced stage”.

Involving the metropolitan municipality of Nelson Mandela Bay and

private developers, there are plans for 20 400 affordable units and 5 040

social units.

Another area of strong activity is in the building of student

accommodation. The Department of Higher Education and Training

has seen to it that institutions such as the universities of Fort Hare,

Nelson Mandela and Walter Sisulu and the King Hintsa TVET College

have each had between 1 000 and 3 000 new beds supplied on their

campuses. Student accommodation specialists STAG African are the

contractors at Fort Hare.

The choice of the Coega Special Economic Zone (Coega SEZ) by

companies looking to distribute their products from there has brought

work for construction companies. GVK-Siya Zama is engaged in creating

a 11 800m² logistics warehouse situated in Zone 1, following green

building principles. Energy-efficient heating and ventilation systems,

rainwater harvesting and PV solar panels all form part of the plan to


Credit: DHK

Construction Industry Development Board: www.cidb.org.za

Mandela Bay Development Agency: www.mbda.co.za

Social Housing Regulatory Authority. www.shra.org.za

South African Property Owners Association: www.sapoa.org.za

control the ambient temperature

for the snack and food items which

will be stored there.

Coastal properties almost

always attract a premium but a

new trend towards “semigration” is

further boosting prices. Semigration

refers to families who live in towns

like Knysna or George but the

bread-winner commutes to

Johannesburg. Towns such as St

Francis Bay, Jeffreys Bay and Port

Alfred are now becoming the site of

primary residences, instead of being

exclusively holiday destinations.

A new housing development

in the rural area of Keiskammahoek

attracted funding of R25-million

from the Eastern Cape Provincial

Department of Human Settlements.

Aimed at destitute families, the

first phase was conducted in the

settlement of Masincedane, and the

project will ultimately cater to 1 255


The Mandela Bay Development

Agency (MBDA) has transformed

the Old Tramway building at the

entrance to the Baakens Valley.

The MBDA not only moved into

new offices in the renovated

building but is letting it out as an

events venue. Other retail property

developments have happened

in the valley (including a popular

brewery), drawing attention to the

potential of Port Elizabeth’s green

lung to be even more useful in

future. ■





Ford wants to see a rail corridor to Gauteng established.


Increasing volumes at the

port of Ngqura is a priority

for Transnet.

The production of the Mercedes-Benz C-Class in East London is

a technological marvel, and the plant regularly wins international

awards for quality. The installation of a new sequencing

centre, to be installed by Automotive Logistics Solutions (an

AHI company) will make the assembly line even more efficient.

The plant has also recently become an IT Hub with a focus on data

analytics, software development and business analysis. Mercedes-Benz

consistently breaks records for the number of cars it exports through the

Port of East London via Transnet Port Terminals.

The 520 963m² Volkswagen SA plant (pictured) in Kariega (formerly

Uitenhage) produces Volkswagen Polo, Cross Polo and engines, and in

2019 created a new production record of 161 954 vehicles, with 108 422

destined for the export market.

In 2021 Ford announced that it would spend a total of R15.8-billion

on production of the Ranger pick-up truck. Most of the money will be

spent in Gauteng where the vehicle is assembled, but Ford is also in

talks to see if a sophisticated rail corridor can be developed between

Gauteng and the Eastern Cape, where Ford makes engines and many

of its suppliers are located. The company wants to send parts to Pretoria

and export cars through the Port of Gqeberha (formerly Port Elizabeth).

Home-grown manufacturer of powertrain and catalytic converter

assembly systems, Jendamark, exports to 18 countries.

Continental Tyre South Africa is producing a 19-inch tyre for the first

time at its New Brighton facility in Port Elizabeth. Isuzu SA has completed

its consolidation project, with truck and bakkie manufacturing now

taking place at its new headquarters in Struandale, Port Elizabeth.


Credit: Volkswagen SA

Automotive Industry Development Centre: www.aidc.co.za

Coega Development Corporation: www.coega.co.za

Eastern Cape Development Corporation: www.ecdc.co.za

Phase 1 in the construction

process of the vehicle assembly

plant of Beijing Automotive Group

South Africa (BAIC SA) is complete.

The provincial government

aims for more diversification in

manufacturing and is targeting

sectors where the province

already has a competitive

advantage (such as wool and

mohair), is labour intensive, will

have a broad impact and has low

barriers for SMME entry.

First National Battery, a Metair

Group company, has one factory

at Fort Jackson and two factories

in East London.

Mpact runs two corrugated

packaging convertor facilities in

the Eastern Cape, at Deal Party

in Port Elizabeth and Gately

Township, East London. Bodene,

a subsidiary of Fresenius Kabi,

makes intravenous medicine in

Port Elizabeth. East London hosts

Johnson & Johnson’s finance,

operations and research and

development divisions.

Aspen Pharmacare’s R1-billion

specialised product facility at Port

Elizabeth will add 500 jobs to

the existing staff of 2 000. The

new plant will make products

for chronic conditions. Annual

production of about 3.6-billion

tablets is planned. ■




The East London beachfront is being upgraded.



Road repairs to tourism

sites are being undertaken.

Hotels, lodges and casinos

Tourism infrastructure projects are underway as a means of

preparing for the post-Covid-19 environment. The East London

Beachfront Development and East London Waterworld

are under construction. Upgrading of beaches in the Ndlambe

Local Municipality are planned and a hiking trail from Coffee Bay to

Port St Johns is being built.

The R61 road from Bhaziya to Mthatha airport junction will soon be

repaired and upgraded and contracts for a number of other provincial

roads leading to tourist sites have been put out to tender, including

Makhanda to Port Alfred and the R61 to Hluleka Game Reserve.

Built on the site of the Prince Alfred Park in Gqeberha (formerly

Port Elizabeth), the 42 000-seater Nelson Mandela Bay Stadium is

quite rare in being adjacent to a body of water, the North End Lake.

Since it was built in 2010, rugby test matches and international rugby

tournaments have been played there and the stadium and stadium

precinct have become popular as sites for events, music concerts and

product launches.

With regard to domestic tourism, the Eastern Cape’s 12.1% share

of the pie is fairly close to the leader (17.2%) and it’s easy to see why.

Unmatched beaches, the pristine Wild Coast and a wide variety of

national parks and private game reserves make for a superb natural

offering. Branding the province as the “Adventure Province” has helped

in attracting bungy-jumpers, divers, abseilers and rock climbers.


Credit: Buffalo City Tourism

Buffalo City Tourism: www.bctourism.co.za

Eastern Cape Gambling and Betting Board: www.ecgbb.co.za

Eastern Cape Parks and Tourism Agency: www.visiteasterncape.co.za

Mandela Bay Development Agency: www.mbda.co.za

A new luxury hotel is being built

in St Francis Bay. The 60-room St

Francis Links Hotel by Mantis will

overlook the golf course’s final

hole and has views of the Indian

Ocean and Kouga Mountains.

The interior of the Eastern Cape

is home to several high-end private

game reserves such as Shamwari,

Mount Camdeboo and Kariega

Game Reserve.

Some luxury game lodges are

located within national parks, such as

the Gorah Elephant Camp, which is

run by Hunter Hotels and forms part

of the Addo Elephant National Park.

Premier Hotels has two hotels

in East London, the Mpanga Private

Game Reserve and it manages

the East London International

Convention Centre. The Radisson

Blu in Port Elizabeth offers five-star

luxury overlooking Pollock Beach.

Tsogo Sun has five Eastern Cape

properties. The Courtyard Hotel,

City Lodge Hotel and Road Lodge

are close to one another on Port

Elizabeth’s beachfront and allow

the group to cater to three distinct

markets with a total of 442 rooms.

East London has a Road Lodge.

Sun International runs the Wild

Coast Sun and the five-star Boardwalk

Casino and Entertainment World

in Port Elizabeth, which includes

conference and events facilities. ■




Education and training

Curro has expanded its Eastern Cape footprint.


Four new college campuses

are being built.

Credit: St George’s Preparatory School

St George’s Preparatory School, founded in 1936 and

located opposite the famous cricket ground in Gqeberha,

has become the latest addition to the private Curro group

of schools. The acquisition doubles Curro’s presence in

the province, with the centrally-based preparatory school joining

Westbrook Curro, which is located in the Westbrook Estate off the old

Cape Road in the city’s western suburbs.

The Eastern Cape has eight Technical and Vocational Education

Training (TVET) colleges, most of which have more than one campus:

Buffalo City, Port Elizabeth, Lovedale, King Hintsa, Ingwe, King Sabata

Dalinyebo, Ikhala and Eastcape Midlands College.

An amount of R569-million will be spent on building four new TVET

campuses to expand the accessibility of these colleges. These new

facilities are two new Ikhala TVET College campuses (Sterkspruit and

Maletswai), a new East Cape Midlands campus in Graaff-Reinet and a

new Ingwe TVET College campus in Ngqungqushe (Lusikisiki).

The National Department of Higher Education and Training has

been investing heavily in student accommodation in the province. This

programme has seen an additional 2 000 beds added at the Nelson

Mandela University in Gqeberha, 2 047 student beds at the University

of Fort Hare, 3 000 beds at Walter Sisulu University, and 1 000 beds at

King Hintsa TVET College.

The Eastern Cape Provincial

Government has announced that a

medical school has been allocated

to the province. Nelson Mandela

University will start offering classes

in 2021. The Missionvale campus,

near to the Dora Nginza Provincial

Hospital, will be the site for the

school. A school for vets is being

considered for Fort Hare University.

At the other end of the

age scale, early childhood

development (ECD) is to become

part of the standard basic

education system. It is believed

that this will help to improve

results of school pupils.

A Science Centre for school

pupils in Cofimvaba has been

established as part of a drive to

promote science, technology and


The Eastern Cape is home

to a number of traditional boys

schools, including Queen’s

College in Queenstown, Selborne

in East London, Dale College in

King Williams Town, Muir College

in Uitenhage and Grey High

School in Port Elizabeth. Cradock’s

agricultural school, Marlow,

has a high reputation for farm


In Grahamstown St Andrew’s

College, St Andrew’s Preparatory

School and The Diocesan School

for Girls are part of a “family of




schools” while Victoria Girls’ High School, Kingswood College and

Graeme College are other well-regarded schools for English-speakers.

PJ Olivier High School caters to Afrikaans-speakers.

Research and innovation

Among the important work being done at Rhodes University’s

new Biotechnology Innovation Centre is research on the basic

and applied sides of stem cell biology. Helping pregnant

women in rural areas is another focus. A cellphone app will send

colour pictures of test strips to diagnostic centres, saving the

patient a long and difficult journey to hospital. The university

plans to build an Innovation and Nanotechnology Institute

to accommodate the exciting work being done by a team of

researchers led by Professor Tebello Nyokong. The Chemical and

Pharmaceutical Sciences Building of Rhodes University is also to

be upgraded and refurbished.

The University of Fort Hare is leading three innovative studies

into biogas including a project investigating compressed biogas for

public transport. The South African National Energy Development

Institute (SANEDI) is working with Fort Hare on a pilot scheme of

biodigesters for households.

Walter Sisulu University (WSU) and the University of South

Africa (Unisa) offer vocational training (diplomas) and academic

programmes (degrees).

There are several examples in the Eastern Cape of collaboration

between the manufacturing sector and educational institutions.

General Motors SA has assigned R3.6-million to a Chair in

Mechatronics at NMU, which offers a Bachelor of Engineering in

Mechatronics, covering electronics, mechanical engineering and

computer-aided design. Volkswagen supports the International

Chair in Automotive Engineering at NMU. NMU’s Ford Engine

Research Unit (FERU) falls under the School of Engineering and

centres its activities on new engine research and development

trends, new initiatives within the field of engine testing and

associated research.

Another NMU body, eNtsa,

supports the manufacturing

sector through research in areas

such as automotive, power

generation and petrochemicals.

eNtsa is supported by the

Technology Innovation Agency.

Rhodes University’s

Centre for Environmental

Water Quality, within the

Institute for Water Research,

is sponsored by Unilever. The

NMU Institute of Chemical

Technology commercialises

research through a body called

InnoVenton and has several

clients in the private sector.

In 2017, Nelson Mandela

University (NMU) inaugurated

its Ocean Science campus at its

Port Elizabeth base. This includes

a unit aimed at combating sea

fisheries crime (FishFORCE, with

support from Norway) and the

South African International

Maritime Institute (SAIMI). The

university has four marine sector

chairs funded by the South

African Research Chair Initiative

(SARChI) and the National

Research Foundation (NRF).

The Provincial Government

of the Eastern Cape is

supporting skills training in the

maritime sector through the

Maritime Youth Development

Programme. ■


Eastern Cape Department of Education: www.ecdoe.gov.za

Rhodes University Biotechnology Innovation Centre: www.ru.ac.za/biotech/

Technology Innovation Agency: www.tia.org.za



Banking and financial services

New banks are offering more choices.


Africa’s biggest bank has Port

Elizabeth roots.

Africa’s biggest bank made its start in Port Elizabeth.

Entrepreneur John Paterson launched Standard Bank in

London in 1862 and opened its first branch in Port Elizabeth

in 1863. The initial spark was the discovery of diamonds in

Kimberley but gold prospectors soon needed financing too, so 1866

saw the opening of a branch in Johannesburg. The bank continues

to have a presence in Govan Mbeki Avenue (previously Main Street)

and is active in the province.

The financial and business services sector is responsible of 19.2%

of the Eastern Cape’s Gross Domestic Product (StatsSA). The sector

provides employment for 141 000 people.

Agricultural finance is an important factor in the Eastern Cape.

Production loans, vehicle financing and revolving credit plans all play an

important role in keeping farmers and agro-processors in business.

Despite a bad experience with a mutual bank that was looted in

Limpopo, the appetite for mutual banks is strong, given the nature of the

South African market. The Young Women in Business Network (YWBN)

received approval in March 2021 for a mutual bank licence. Savings

and business loans will be offered, and the public will have a chance to

buy shares later in the year. Bank Zero will use the mutual model while

other new entrants such as TymeBank (free transactional accounts)

and Discovery Bank (which applies the behavioural model it uses in its

health business to reward good financial behaviour) have introduced

interesting innovations to the South African banking sector.


Auditor-General of South Africa: www.agsa.co.za

Financial Sector Conduct Authority: www.fsca.co.za

South African Institute for Chartered Accountants: www.saica.co.za

South African Reserve Bank: www.resbank.co.za

Tyme stands for Take Your

Money Everywhere and refers

to the bank not having a branch

network. Perhaps the lockdown

encouraged customers to think

in digital terms because Tyme

reported in October 2020 that

it had 2.4-million customers, up

from 1.4-million at the end of

March. A 400% increase in the

use of services such as airtime

and electricity purchases was

also noted.

Discovery Bank officially

launched in March 2019 and is

experiencing rapid growth with

deposits of R3.7-billion.

Another relatively new bank

is Capitec, which is steadily

increasing its customer base by

providing banking for business

and individual customers in

what it describes as a simple

manner. It has branches in the

small Eastern Cape towns of

Bizana and Lusikisiki. In May 2020,

investment holding company

PSG announced that it would

reduce its holding in Capitec Bank

from 32% to 4%, earning about

R4-billion by selling those shares.

Capitec merits inclusion in a

new retail “Big Five”, with Standard

Bank, Absa, FNB and Nedbank.

In terms of assets, the five

biggest banks are Standard Bank,

FirstRand (which owns FNB), Absa

(part of Barclays Group Africa),

Nedbank and Investec. ■



Standard Bank’s new campaign

celebrates triumphant South

African business

South Africa banks on business. Business banks on us.

demonstrate how they have partnered with them

to help them grow. The bank will be delving into the

remarkable histories of the businesses, celebrating

their resilience, and honouring the many ways that

they have positively changed, and continue to change,

the lives of the people who work for them and the

communities in which they operate.

Small and medium enterprises are the

lifeblood of Africa. They play a crucial role in

its growth, providing employment, stoking

new economies, and connecting the

continent to the rest of the world.

In South Africa they are the heartbeat of our GDP.

SMEs drive real growth, and it is estimated that

they provide employment to roughly 47% of

the workforce, with their total economic output

accounting for around 20% of GDP.

These businesses are owned by our neighbours,

family and friends and they touch our lives every

day, often in small ways but sometimes in grand,

immeasurable ways.

The impact that these businesses have, makes for

incredible stories, and it is these stories of tangible,

sustainable growth that form part of Standard Bank’s

new business banking marketing campaign.

The campaign tagline, South Africa banks on business.

Business banks on us speaks to real stories, about real

business, and the real, life-changing impact they

have on people’s lives.

Remarkable stories

Standard Bank has collaborated with some of

their business clients, to tell their stories and to

These stories will showcase how these businesses

employ people, empowering them and their families,

and aiding in their children getting an education. They

will highlight how businesses provide the impetus for

growth and help to take families and communities out

of poverty, and how they drive economic activity and

act to combat socio-economic challenges.

In the coming weeks, these remarkable stories will

be unpacked across billboards, in print, online, on

radio,and on television.

In times of uncertainty, businesses want partners that

bring them certainty, reliability and excellence when it

comes to service. But, importantly, they also deserve

partners who understand their needs and who are

committed to helping them achieve their goals.

Standard Bank supports many of these businesses

with banking solutions, trade assistance, market

access, transcontinental networking platforms and

more. Their Business Banking offering is an ecosystem

of innovative products designed to meet even the

most complex needs. They cut across sectors and look

to provide clients with access to funding, expertise

and advice, digital integration, trade solutions and

insurance coverage.

Every day Standard Bank partners with businesses

to help them unlock their growth, no matter the

economic climate.

That is why, South Africa banks on business. Business

banks on us. ■


Development finance and

SMME support

Supply chains are providing chances for small businesses.

Volkswagen South Africa (VWSA) has a project called Ntinga

(“to soar” in Xhosa) whereby suppliers receive training and

are mentored for 18 months. A selection of black-owned

manufacturing businesses exhibit at the company’s Black

Supplier Day with the potential to become a Volkswagen supplier.

Municipal and provincial procurement policies specify that

certain goods should come from SMMEs. In 2020/21, the provincial

government spent R16.8-billion (or 61% of the budget) on suppliers

and service providers based within the province. A total of R4.1-billion

was spent on SMMEs. A programme called “Have-I-Been-Paid” aims to

improve the time within which payments are made.

The Nelson Mandela Bay Business Chamber’s Enterprise

Development Programme has several parts: the Export

Development Programme is the latest initiative.

The National Department of Small Business Development (DSBD)

has allocated R6.6-million to the Informal and Micro-Enterprise

Development Programme (IMEDP) for the Eastern Cape. The DSBD’s

other programmes include:

• The Black Business Supplier Development Programme.

• The Co-operative Incentive Scheme, a 100% grant.

The Small Enterprise Development Agency (Seda) is an agency of the

DSBD which gives non-financial support to entrepreneurs through

training, marketing and assistance in the writing of business plans.

The Seda Technology Programme (Stp) helps potential businesses

become trading entities. There are 10 offices in the province, with the

main provincial office in East London. Port Elizabeth is the head office

of the Chemin incubator which supports SMMEs in the downstream

chemical sector. Furntech (a furniture incubator) has a branch in

Mthatha and there are also construction incubators.

The Industrial Development Corporation (IDC) is another financing

institution. It sometimes takes shares in businesses but also administers

programmes such as the Manufacturing Competitiveness Enhancement

Programme (MCEP).


Eastern Cape Development Corporation: www.ecdc.co.za

Eastern Cape Rural Development Agency: www.ecrda.co.za

MCEP: www.investmentincentives.co.za/mcep


The Nelson Mandela Bay

Business Chamber has

launched an Export

Development Programme.

Two of the Eastern Cape

Development Corporation’s seven

business units are devoted to small

business: Development Finance

and Enterprise Development. The

ECDC has several financial products

tailored to SMMEs. The ECDC and the

Technology Innovation Agency (TIA)

jointly run the TIA-ECD Innovation

Seed Fund Programme, which aims

to identify and co-fund earlier-stage

technology innovation projects.

Help Desks have been established

to support small business in Port

Elizabeth and East London.

As part of its Small Contractor

Development, Training and

Community Participation programme,

the South African National Roads

Agency (SANRAL) offers training.

Since its inception, the SAB

Foundation’s Tholoana Enterprise

Programme has provided over

R35-million in grant funding

and business support to 1 056

entrepreneurs in the Eastern Cape.

One example of what can be

achieved is illustrated by Bukelwa

Ngoqo, founder of Sunkissed

Fashion, who increased her turnover

from R250 000 to R830 000 and

grew her workforce from four

employees to eight. ■










Visit www.gan.co.za

and then SMME Virtual


Since 2014, the SMME Roadshow has supported small

business in South Africa. Following the unprecedented

challenges of 2020, Global Africa Network is relaunching

the SMME Roadshow in a fully virtual, nationwide format.

The SMME Virtual Roadshow, brought to you by Global

Africa Network Media with Nemesis Accounting, SME

Warrior and Aurum Wealth Creators, takes the form of

presentations and practical guidance from thought

leaders and experts in their fields.

Presentations are pre-recorded for quality and convenience

and presenters and their teams will be on hand to engage

and interact with delegates. Delegates will also be able to

network with other delegates.

Who should attend?

SMMEs requiring support and guidance on the following

topics should attend:


Global Africa Network Media (GAN) is an established

authority on business development in South

Africa’s nine provinces. GAN’s online products

include its well-established B2B portal, www.

globalafricanetwork.com, and its monthly business

and investment e-newsletters, with a reach of over

53 000 subscribers.

Each of the nine titles and the national journal,

South African Business, has been utilised by all

levels of government, parastatals, corporates,

and national and provincial businesses. GAN is a

specialist in small and developing business, and the

company is a trusted partner of business chambers

and other representatives of organised business in

each province.

• Access to funding

• Access to markets

Business revival

• Training and skills development

• Compliance and regulatory

• Technology support

• Running a business

Each of South Africa’s nine provinces will be represented at

the Roadshow, and will showcase incentives, services and

opportunities available to SMMEs.

For information on sponsorship opportunities, email



Eastern Cape

Provincial Government

A guide to the Eastern Cape’s provincial government departments. Visit www.ecprov.gov.za

Office of the Premier

Premier: Oscar Mabuyane

Office of the Premier Building,

Independence Avenue, Bhisho 5605

Tel: +27 40 609 6644 | Fax: +27 86 681 9493

Website: www.ecprov.gov.za

Department of Cooperative Governance

and Traditional Affairs

MEC: Xolile Nqata

Tyamzashe Bldg, Room 2124, 2nd Flr, Bhisho 5605

Tel: +27 40 609 5656/8 | Fax: +27 40 639 2163

Website: www.eccogta.gov.za

Department of Economic Development,

Environmental Affairs and Tourism

MEC: Mlungisi Mvoko

2nd Flr, Beacon Hill, Hockley Cl, King Williams Town


Tel: +27 43 605 7000 | Fax: +27 43 605 7303

Website: www.dedea.gov.za

Department of Education

MEC: Fundile Gade

Steve Tshwete Education Bldg, Zwelitsha Zone 6,

Zwelitsha 5608

Tel: +27 40 608 4200 | Fax: +27 40 608 4040

Website: www.ecdoe.gov.za

Department of Health

MEC: Nomakhosazana Meth

Dukumbane Bldg, Independence Ave, Bhisho 5605

Tel: +27 40 608 1117 | Fax: +27 40 608 1118

Website: www.echealth.gov.za

Department of Human Settlements

MEC: Nonceba Kontsiwe

31-33 Phillip Frame Rd, Waverly Park, Chiselhurst,

East London 5247

Tel: +27 43 711 9901/2/3 | Fax: +27 43 711 9797

Website: www.ecdhs.gov.za

Department of Public Works

MEC: Babalo Madikizela

5 Qasana Bldg, Independence Avenue, Bhisho 5605

Tel: 0800 864 951. Website: www.ecdpw.gov.za

Department of Rural Development

and Agrarian Reform

MEC: Nonkqubela Pieters

Dukumbane Bldg, Independence Ave, Bhisho 5606

Tel: +27 40 602 5006 | Fax: +27 40 635 0604

Website: www.drdar.gov.za

Department of Safety and Liaison

MEC: Weziwe Tikana

Arches Building 7, Taylor St, King Williams Town 5601

Tel: +27 43 605 6800 | Fax: 086 558 0224

Website: www.ecprov.gov.za

Department of Social Development

MEC: Siphokazi Lusithi

Phalo Ave, 5th Flr, Dukumbana Building, Bisho 5605

Tel: +27 43 605 5419 | Fax: +27 43 605 5000

Website: www.ecdsd.gov.za

Department of Sports, Recreation,

Arts and Culture

MEC: Fezeka Nkomonye

5 Eales St, King Williams Town 5600

Tel: +27 43 604 4101 | Website: www.ecsrac.gov.za

Department of Transport

MEC: Weziwe Tikana

Flemming St, Schornville, King Williams Town 5601

Tel: +27 43 604 7400 | Fax: 086 298 5598

Website: www.ectransport.gov.za

Provincial Treasury

MEC: Mlungisi Mvoko

Provincial Treasury, Tyamzashe Bldg, Bhisho 5605

Tel: +27 40 353 9944 | Fax: +27 40 101 0731

Website: www.ectreasury.gov.za



Eastern Cape Local Government

A guide to the Eastern Cape’s metropolitan, district and local municipalities.



Erf 1400, Ntsizwa Street, Mount Ayliff

Tel: +27 39 254 5000 | Fax: +27 39 254 0343

Email: info@andm.gov.za

Website: www.andm.gov.za

Matatiele Local Municipality

Tel: +27 39 737 8100

Fax: +27 39 737 3611

Website: www.matatiele.gov.za

Ntabankulu Local Municipality

Tel: +27 39 258 0056

Fax: +27 39 258 0173

Website: www.ntabankulu.gov.za

Umzimvubu Local Municipality

Tel: +27 39 255 8500

Fax: +27 39 255 0167

Website: www.umzimvubu.gov.za

Winnie Madikizela-Mandela Local Municipality

Tel: +27 39 251 0230

Fax: +27 39 251 0917

Website: www.mbizana.gov.za


3-33 Phillip Frame Road, Chiselhurst,

Cambridge, East London

Tel: +27 43 701 4000 | Fax: +27 43 742 0337

Email: info@amathole.gov.za

Website: www.amathole.gov.za

Amahlathi Local Municipality

Tel: +27 43 683 5000 | Fax: +27 43 683 2970

Website: www.amahlathi.gov.za

Great Kei Local Municipality

Tel: +27 43 831 1028 | Fax: +27 43 831 1483

Website: www.greatkeilm.gov.za

Mbashe Local Municipality

Tel: +27 47 489 5800 | Fax: +27 47 489 5800

Website: www.mbhashemun.gov.za

Mnquma Local Municipality

Tel: +27 47 401 2400 | Fax: +27 47 491 0195

Website: www.mnquma.gov.za

Ngqushwa Local Municipality

Tel: +27 40 673 3095 | Fax: +27 40 673 3771

Website: www.ngqushwamun.gov.za

Raymond Mhlaba Local Municipality

Tel: +27 645 7400

Fax: +27 46 645 2562

Website: www.raymondmhlaba.gov.za



117 Oxford Street, Cnr North and Oxford Streets,

Trust Centre, East London

Tel: +27 43 705 2000 | Fax: +27 43 743 1688

Website: www.buffalocity.gov.za


15 Bells Road, Komani

Tel: +27 45 808 4600 | Fax: +27 45 838 1556

Website: www.chrishanidm.gov.za

Emalahleni Local Municipality

Tel: +27 47 878 0020 | Fax: +27 47 878 0112

Website: www.emalahleni.gov.za

Engcobo Local Municipality

Tel: +27 47 548 5600 | Fax: +27 47 548 1078

Website: www.engcobolm.gov.za

Enoch Mgijima Local Municipality

Tel: +27 45 807 2606

Fax: +27 45 807 2637

Website: www.enochmgijima.org.za

Intsika Yethu Local Municipality

Tel: +27 47 874 8700 | Fax: +27 47 874 0010

Website: www.intsikayethu.gov.za



Sakhisizwe Local Municipality

Tel: +27 47 877 5200

Fax: +27 47 877 0000

Website: www.sakhisizwe.gov.za


Cnr Cole and Graham Streets, Barkly East

Tel: +27 45 979 3000

Fax: +27 45 971 0251

Website: www.jgdm.gov.za

Elundini Local Municipality

Tel: +27 45 932 8100 | Fax: +27 45 932 1094

Website: www.elundini.org.za

Walter Sisulu Local Municipality

Tel: +27 51 653 1777

Fax: +27 51 653 0056

Website: www.wslm.gov.za

Senqu Local Municipality

Tel: +27 51 603 1300 | Fax: +27 51 603 0445

Website: www.senqumunicipality.co.za



City Hall, Vuyisile Mini Square,

Govan Mbeki Avenue, Nelson Mandela Bay

Tel: +27 41 506 3208/9

Fax: +27 41 506 2422

Website: www.nelsonmandelabay.gov.za


OR Tambo House, Nelson Mandela Drive,

Myezo Park, Mthatha

Tel: +27 47 501 6400

Fax: +27 47 532 6518

Website: www.ortambodm.gov.za

Ingquza Hill Local Municipality

Tel: +27 39 252 0131

Fax: +27 39 252 0699

Website: www.ihlm.gov.za

King Sabata Dalindyebo Local Municipality

Tel: +27 47 501 4000 | Fax: +27 47 531 3128

Website: www.ksd.gov.za



Mhlontlo Local Municipality

Tel: +27 47 553 7000 | Fax: +27 47 553 0189

Website: www.mhlontlolm.gov.za

Nyandeni Local Municipality

Tel: +27 47 555 5000 | Fax: +27 47 555 0202

Website: www.nyandenilm.gov.za

Port St Johns Local Municipality

Tel: +27 47 564 1207

Fax: +27 47 564 1206

Website: www.psjmunicipality.gov.za



32 Govan Mbeki Avenue, Port Elizabeth

Tel: +27 41 508 7111

Fax: +27 41 508 7000

Website: www.sarahbaartman.co.za

Blue Crane Route Local Municipality

Tel: +27 49 807 5700 | Fax: +27 49 892 4319

Website: www.bcrm.gov.za

Dr Beyers Naude Local Municipality

Tel: +27 49 807 5700 | Fax: +27 49 892 4319

Website: www.camdeboo.gov.za

Kouga Local Municipality

Tel: +27 42 200 2200 | Fax: +27 42 200 8606

Website: www.kouga.gov.za

Kou-Kamma Local Municipality

Tel: +27 42 288 7200 | Fax: +27 42 288 0797

Website: www.koukammamun.co.za

Makana Local Municipality

Tel: +27 46 603 6111

Fax: +27 46 622 9700

Website: www.makana.gov.za

Ndlambe Local Municipality

Tel: +27 46 624 1140

Fax: +27 46 624 2669

Website: www.ndlambe.gov.za

Sundays River Valley Local Municipality

Tel: +27 42 230 7700/0077

Fax: +27 42 230 1799

Website: www.srvm.gov.za




Global Africa Network

Promoting business, trade and investment in SA’s nine provinces
















Tel 021 657 6200

Email sales@gan.co.za

Web www.gan.co.za

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