South African Business 2023
A unique guide to business and investment in South Africa. Welcome to the 11th edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by a website at www. southafricanbusiness.co.za. A special feature in this journal focusses on the importance of partnerships as the way forward for the country’s growing number of Special Economic Zones. There are now SEZs in eight provinces and collaboration between the private sector and government and its agencies is proving a crucial element in pursuing the goal of industrializing the South African economy. These zones intended as catalysts for economic growth in established sectors and in stimulating new industries. Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provinces. The fact that South Africa’s law-enforcement agencies are arresting people alleged to have been involved in state capture and the Reserve Bank has started freezing assets in other matters leads the national overview because business can’t function properly without the rule of law. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed online at www.globalafricanetwork.com. These unique titles are supported by a monthly business e-newsletter with a circulation of over 35 000. Journal of African Business joined the Global African Network stable of publications as an annual in 2020 and is now published quarterly.
A unique guide to business and investment in South Africa. Welcome to the 11th edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by a website at www. southafricanbusiness.co.za.
A special feature in this journal focusses on the importance of partnerships as the way forward for the country’s growing number of Special Economic Zones. There are now SEZs in eight provinces and collaboration between the private sector and government and its agencies is proving a crucial element in pursuing the goal of industrializing the South African economy. These zones intended as catalysts for economic growth in established sectors and in stimulating new industries.
Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provinces. The fact that South Africa’s law-enforcement agencies are arresting people alleged to have been involved in state capture and the Reserve Bank has started freezing assets in other matters leads the national overview because business can’t function properly without the rule of law.
South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed online at www.globalafricanetwork.com. These unique titles are supported by a monthly business e-newsletter with a circulation of over 35 000. Journal of African Business joined the Global African Network stable of publications as an annual in 2020 and is now published quarterly.
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OVERVIEW<br />
Energy<br />
Infrastructure for carrying newly-generated power is a priority.<br />
Showing two phases proposed for the development of Renewable Energy Development Zones (REDZs) and<br />
electricity grid infrastructure corridors where investment in transmission infrastructure is planned. Credit: CSIR<br />
The second phase of the Strategic Environmental Assessment<br />
(SEA) for wind and solar photovoltaic (PV) energy in<br />
<strong>South</strong> Africa proposes three additional Renewable Energy<br />
Development Zones (REDZs) for wind and solar photovoltaic<br />
energy projects, taking the total number to 11 (see map).<br />
The REDZs support the implementation of the Integrated Resource<br />
Plan (IRP 2019). Renewable energy projects that might be developed in<br />
these new REDZs have the potential to make significant contributions to<br />
mine rehabilitation and, by creating jobs, support a just energy transition<br />
in the specified areas including areas where coal power stations are<br />
planned to be decommissioned by 2030.<br />
A most important aspect for <strong>South</strong> Africa as it brings more and<br />
more renewable energy projects on line are the so-called “transmission<br />
corridors”. These have to be beefed up to be able to carry extra capacity<br />
if energy plants are built where transmission infrastructure is close to (or<br />
at) full capacity. This adds to the attractiveness of using existing power<br />
plant sites for new generation.<br />
SECTOR INSIGHT<br />
Komati power station is<br />
become a site for making<br />
mini-grid components.<br />
Part of the equation<br />
for agreeing to new power<br />
generation in the current context<br />
is whether or not there is sufficient<br />
carrying capacity to link the new<br />
solar or wind plant to the grid.<br />
Large investments are needed<br />
to beef up the Northern Cape’s<br />
capacity, but the problem is also<br />
leading planners to find different<br />
solutions, for example, to start<br />
SOUTH AFRICAN BUSINESS <strong>2023</strong><br />
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