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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 />

Water<br />

<strong>South</strong> Africa is investigating how best to use its groundwater.<br />

A mural depicting the water goddess Camissa by local artist Nadia Nardstar has been unveiled at<br />

the V&A Waterfront Cruise Terminal. Credit: John Young<br />

Managed aquifer recharge (MAR) might be one of the<br />

answers to the Cape metropole’s enduring water<br />

shortage. The idea of putting excess water into the<br />

Cape Flats aquifer during times of plenty – and then<br />

drawing on that water when drought hits – is the subject of a study<br />

by UCT’s Department of Environmental and Geographical Science.<br />

It’s not a new idea; the smaller Atlantis aquifer has been playing that<br />

role for decades.<br />

A country that is expert at using its groundwater resources has<br />

signed up to cooperate with <strong>South</strong> Africa in investigating how the<br />

much drier <strong>African</strong> country might exploit groundwater. Denmark<br />

gets nearly all of its water from groundwater and the latest intergovernmental<br />

agreement signed by <strong>South</strong> Africa and Denmark<br />

is a strategic green cooperation. Previous memorandums of<br />

understanding have dealt with energy, resilient cities – and water.<br />

Two huge and colourful murals have been created at the V&A<br />

Waterfront Cruise Terminal to publicise the groundwater partnership,<br />

one by a Danish artist and the other by a local artist. Nadia Nardstar<br />

took 15 days, with the help of an assistant, to create a depiction of the<br />

water goddess Camissa. The mural project is a collaboration between<br />

the Danish Embassy, the City of Cape Town, the Table Mountain<br />

Water Source Partnership, WWF and Maersk.<br />

The National Cleaner Production Centre <strong>South</strong> Africa (NCPC) is the<br />

technical partner for the water use part of Phase 2 of the Strategic Water<br />

SECTOR INSIGHT<br />

Councils owe water boards<br />

more than R10-billion.<br />

Sector Cooperation between<br />

the governments of Denmark<br />

and <strong>South</strong> Africa. The NCPC,<br />

which runs the Industrial Water<br />

Efficiency project, has found that<br />

more efficient use of energy (a<br />

key focus area of its work) has also<br />

led to less water being used in<br />

production processes.<br />

Supplying water to<br />

households and businesses<br />

has often been a task beyond<br />

the capabilities of some of<br />

<strong>South</strong> Africa’s municipalities.<br />

As of June 2021, <strong>South</strong> <strong>African</strong><br />

municipalities owed more than<br />

R10-billion to water boards.<br />

Leaking pipes account for a<br />

large portion of the water lost<br />

SOUTH AFRICAN BUSINESS <strong>2023</strong><br />

62

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