Gauteng Business 2022/23
The 2022/23 edition of Gauteng Business is the 13th issue of this highly successful publication that has established itself as the premier business and investment guide for the Gauteng Province. In addition to the regular articles providing insight into each of the key economic sectors of the province, a special feature on the growth and significance of the green economy is included in this edition. Every sector from agriculture to transport and logistics is referenced, with several Gauteng companies taking the lead in the field of creating a more sustainable future for themselves and for their clients. The fact that mining companies and others are starting to build facilities to generate power is significant for the country as a whole. Gold Fields’ 40MW solar project at its South Deep mine is one of the first of its kind and it is certainly a precursor of what we can expect to see a lot more of in the future. The unexpected fall from power in the province’s three big metropolitan municipalities in 2021 of the political party that is in charge at provincial and national level, the African National Congress, is noted in the Regional Overview. Whether this presages a change beyond the borders of Gauteng in elections to come remains to be seen, but the huge budgets which now fall under the control of coalition governments in Johannesburg, Tshwane and Ekurhuleni will certainly serve to sharpen the focus of ANC election planners for national elections in 2024.
The 2022/23 edition of Gauteng Business is the 13th issue of this highly successful publication that has established itself as the premier business and investment guide for the Gauteng Province.
In addition to the regular articles providing insight into each of the key economic sectors of the province, a special feature on the growth and significance of the green economy is included in this edition. Every sector from agriculture to transport and logistics is referenced, with several Gauteng companies taking the lead in the field of creating a more sustainable future for themselves and for their clients. The fact that mining companies and others are starting to build facilities to generate power is significant for the country as a whole. Gold Fields’ 40MW solar project at its South Deep mine is one of the first of its kind and it is certainly a precursor of what we can expect to see a lot more of in the future.
The unexpected fall from power in the province’s three big metropolitan municipalities in 2021 of the political party that is in charge at provincial and national level, the African National Congress, is noted in the Regional Overview. Whether this presages a change beyond the borders of Gauteng in elections to come remains to be seen, but the huge budgets which now fall under the control of coalition governments in Johannesburg, Tshwane and Ekurhuleni will certainly serve to sharpen the focus of ANC election planners for national elections in 2024.
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OVERVIEW<br />
Tourism<br />
Airlink has teamed up with successful international carriers.<br />
SECTOR INSIGHT<br />
Growing <strong>Gauteng</strong> Together<br />
(GGT2030) plans to boost<br />
the tourism sector.<br />
Airlink, which ended its franchise agreement after SAA went<br />
into business rescue, has signed deals with Qatar Airways,<br />
Emirates and United Airlines, giving travellers on those successful<br />
international carriers easy access to a wide range of<br />
Southern African destinations and St Helena.<br />
Single-ticket arrangements and one-stop baggage check-ins<br />
will facilitate easier travel in a difficult time. Airlink also has a service<br />
that connects travellers with certain game lodges. Airlink boasts an<br />
on-time performance consistently better than 95%.<br />
When the Marriott International hotel group closed three of<br />
its South African hotels during the Covid-19 lockdown, Tsogo Sun<br />
Hotels, which owns a controlling stake in all three hotels, stepped<br />
up its commitment by agreeing to bring them into its portfolio,<br />
keep them open and run them.<br />
One of these hotels is the The Mount Grace in the Magaliesberg<br />
which was developed by the Brand family and was the sister<br />
hotel to The Grace in Rosebank. Tsogo bought and restored The<br />
Grace and it currently operates as 54 on Bath. The Tsogo group<br />
believes that demand for conferencing, weddings and shorter<br />
family getaways will grow and that The Mount Grace, with its close<br />
proximity to Johannesburg, is in a good position to respond to<br />
those markets.<br />
Tsogo Sun Holdings has split its casino and hotel operations to<br />
unlock value in the two sectors. With a market cap of R25-billion,<br />
Tsogo is the country’s biggest hotel group. It has 36 hotels and<br />
three casinos in <strong>Gauteng</strong>. The hotel brands cover four market<br />
segments, and they include a handful of stand-alone hotels such as<br />
the Palazzo (at Montecasino) and the boutique hotel in Rosebank.<br />
ONLINE RESOURCES<br />
Cradle of Humankind: www.maropeng.co.za<br />
<strong>Gauteng</strong> Tourism Authority: www.gauteng.net<br />
Johannesburg Tourism Company: www.joburgtourism.com<br />
SunSquare, Southern Sun<br />
Hotels, Southern Sun Resorts,<br />
Garden Court and StayEasy are<br />
among the group’s brands.<br />
Marriott International has<br />
retained most of its properties.<br />
In partnership with the Amdec<br />
Group, Marriott spent about<br />
R1-billion on the Marriott<br />
Hotel Melrose Arch and<br />
Marriott Executive Apartments<br />
Johannesburg Melrose Arch.<br />
Buying into Protea Hotels has<br />
also given Marriott access to<br />
other African countries.<br />
Although all projections<br />
about the tourism sector and its<br />
potential for growth and for job<br />
creation were short-circuited<br />
by the Covid-19 pandemic, the<br />
fact remains that the sector can<br />
grow quickly and it is a good<br />
job creator.<br />
Growing <strong>Gauteng</strong> Together<br />
(GGT2030) is a plan of action<br />
formulated by the <strong>Gauteng</strong><br />
Provincial Government<br />
which intends to transform,<br />
modernise and industrialise<br />
the provincial economy. The<br />
expansion of the tourism<br />
sector is seen as one of the key<br />
methods of achieving those<br />
goals. This was emphasised<br />
when the 2020 State of the<br />
Province Address included<br />
Tourism and Hospitality as one<br />
of 10 “high-growth” sectors. ■<br />
GAUTENG BUSINESS <strong>2022</strong><br />
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