10.08.2023 Views

Opportunity Issue 106

Opportunity magazine is a niche business-to-business publication that explores various investment opportunities within Southern Africa’s economic sectors. The publication is endorsed by the South African Chamber of Commerce and Industry (SACCI).

Opportunity magazine is a niche business-to-business publication that explores various investment opportunities within Southern Africa’s economic sectors. The publication is endorsed by the South African Chamber of Commerce and Industry (SACCI).

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

www.opportunityonline.co.za AUGUST/SEPTEMBER/OCTOBER 2023 • ISSUE <strong>106</strong><br />

AFRICAN ENERGY CHAMBER<br />

Making energy poverty<br />

history by 2030<br />

BATTERY STORAGE IS<br />

THE ANSWER<br />

Local and foreign firms are<br />

scrambling to offer options<br />

NEW SMALL BUSINESS GROWTH<br />

INDEX LAUNCHED<br />

SACCI and BMR are collaborating<br />

to track small business trends<br />

RESHAPING AFRICA’S<br />

LEGAL LANDSCAPE<br />

ZION ADEOYE, MD OF CENTURION LAW GROUP, HEADS A DYNAMIC<br />

AND DIVERSE TEAM OF MORE THAN 200 PROFESSIONALS


Cloud: enabling<br />

growth<br />

How do you enable a culture of innovation and business transformation in your<br />

business? Does it sit with marketing? With strategists? With R+D? Or can it be as<br />

simple as looking at cloud, and harnessing all it can do?<br />

We know the wealth that lies in data: how it is used, analysed, stored and shared.<br />

It is the record of customers, the knowledge of processes, suppliers and controls.<br />

Protecting, analysing and using data is paramount. The cloud, the most vital of tech<br />

tools, is an integral enabler in the evolution of this fundamental intellectual property.<br />

Securing the present and future-proofing your company will ensure your data, the<br />

heartbeat of your business, continues to be at the core of your operations and,<br />

ultimately, your success.<br />

Changing legacy systems and long-held business models are where the greatest<br />

resistance often comes from, with some companies seeing digital transformation<br />

and cloud migration as a one-off change instead of a continuous journey of<br />

reinvention and innovation. There is no immediate end point with the cloud. It is a<br />

journey that reinvigorates systems, enhances capabilities and entrenches security<br />

and sustainability.<br />

Cloud is a business enabler that reaches across the different divisions of a business.<br />

It breaks down silos, builds efficiencies, and often opens revenue opportunities.<br />

More and more African companies are realising this and embracing migration:<br />

recent studies suggest there is no slow-down in the take-up of cloud across the<br />

continent. Some 61% of organisations upped their spending on cloud services last<br />

year, and 69% said they would increase their investment in 2023.<br />

Working with a partner to align technology and the cloud to your specific brief is<br />

vital. Choosing the solutions and infrastructure you want and need, are often two<br />

different things. Using a managed cloud service, such as BCX, means professional<br />

counsel, as well as the strongest infrastructure available on the continent.<br />

Let hard-working tech work for your business.<br />

Our most important customer, is yours.


www.bcx.co.za


SAVE TIME – REDUCE COSTS & REGISTER ONLINE NOW<br />

SAVE TIME – REDUCE COSTS & REGISTER ONLINE NOW<br />

Real Time 24/7 online access to:<br />

Real Time 24/7 online access to:<br />

• Multi language.<br />

• • Quote Multi effective language. Certification Cost Calculator.<br />

• • Application Quote effective submission Certification with REAL Cost TIME Calculator. status updates on certification progress.<br />

• • DATA Application captured submission once - thereafter with REAL selected TIME status by means updates of on a drop certification down menu progress. for future applications.<br />

• • Globally DATA captured consolidate, once manage, - is thereafter maintain selected and retain by means your of live a drop record down of all menu your for Certified future applications.<br />

DRC Imports &<br />

• Exports Globally with consolidate, a Validated manage, Certification maintain history and from retain Day your 1.<br />

live record of all your Certified DRC Imports &<br />

Exports with a Validated Certification history from Day 1.<br />

USER FRIENDLY | CONFIDENTIAL | EFFICIENT | SECURE<br />

USER FRIENDLY | CONFIDENTIAL | EFFICIENT | SECURE<br />

Africert Asia<br />

feri@africertasia.com<br />

Africert Asia<br />

feri@africertasia.com<br />

ConnexAfrica<br />

Invesco<br />

Transcom<br />

CCS Kinshasa DRC<br />

Invesco<br />

ConnexAfrica<br />

Services<br />

www.connexafricatranscom.com<br />

www.ogefreminvesco.com<br />

certification@transcomservices.co.za<br />

certification@ccs.com www.ogefreminvesco.com www.connexafricatranscom.com


Sociedade Industrial e Comercial, Limitada<br />

Contribuinte: 5401124112<br />

Sociedade Industrial e Comercial, Limitada<br />

Sociedade Industrial e Comercial, Limitada<br />

Contribuinte: 5401124112<br />

Contribuinte: 5401124112<br />

Rua: Amilcar Cabral 147-149º-1º Aptº A Luanda - Angola<br />

Tel.: 924 224 039 - 917 068 406 - 923 546 050 - 912 500 318 - 222 003 287<br />

Email: sincron.lda@gmail.com - fernandes318.files@gmail.com - fernandes318@hotmail.com<br />

http://sincron.co.ao/<br />

Rua: Amilcar Cabral 147-149º-1º Aptº A Luanda - Angola<br />

Rua: Tel.: Amilcar 924 224 Cabral 039 147-149º-1º - 917 068 406 Aptº - 923 A Luanda 546 050 - -912 Angola 500 318 - 222 003 287<br />

Tel.: Email: 924 224 sincron.lda@gmail.com 039 - 917 068 406 - 923 - fernandes318.files@gmail.com 546 050 - 912 500 - 222 003 - fernandes318@hotmail.com<br />

287<br />

Email: http://sincron.co.ao/<br />

sincron.lda@gmail.com - fernandes318.files@gmail.com - fernandes318@hotmail.com<br />

http://sincron.co.ao/<br />

CCS Kinshasa DRC<br />

certification@ccs.com<br />

Sociedade Industrial e Comercial, Limitada<br />

Sociedade Industrial e Comercial, Limitada<br />

Contribuinte: 5401124112<br />

Contribuinte: 5401124112<br />

Sincron, LDA<br />

www.ogefremsincron.com<br />

Sincron, LDA<br />

www.ogefremsincron.com<br />

Sin Chiao<br />

Singapore<br />

Singapore<br />

www.ogefremsinchiao.com<br />

www.ogefremsinchiao.com<br />

ZAMBIA<br />

ZAMBIA<br />

SLS<br />

www.ogefremsls.com<br />

SLS<br />

www.ogefremsls.com


Contents<br />

ISSUE <strong>106</strong> | AUG/SEPT/OCT 2023<br />

10<br />

14<br />

16<br />

20<br />

22<br />

32<br />

42<br />

48<br />

50<br />

SACCI NEWS<br />

Memorandums of Understanding have been signed with business delegations from Bulgaria<br />

and Colombia.<br />

SACCI AND BMR LAUNCH NEW SMALL BUSINESS GROWTH INDEX<br />

The baseline of the first SBGI shows the growth prospects of distressed small businesses.<br />

CENTURION LAW GROUP<br />

A powerhouse that is reshaping the legal landscape in Africa and beyond. Centurion is a leading<br />

Pan-African legal and business advisory conglomerate.<br />

MAKING ENERGY POVERTY HISTORY BY 2030<br />

The African Energy Chamber champions responsible energy development, transparency and<br />

investment across the continent.<br />

BATTERY STORAGE IS THE ANSWER<br />

Now that renewable energy projects are underway, how to store power has become the big<br />

question. Local and foreign firms are scrambling to offer a wide variety of options.<br />

HOW TO CLOSE THE HYDROGEN SKILLS GAP<br />

Chemical Industries Education and Training Authority (CHIETA) CEO Yershen Pillay explains how<br />

cross-sector collaboration is the vital element that could see South Africa becoming a leader in<br />

the hydrogen economy.<br />

COPPER TRANSFORMED WAY THE WORLD WORKS BEFORE. IT’S ABOUT TO DO SO AGAIN<br />

Duncan Money and Robrecht Declercq, two of the editors of a new book on the history of<br />

copper, discuss some of the issues that the book unearthed. The book is a global study of a<br />

metal that has transformed the globe. This article first appeared in The Conversation.<br />

REVIVED INFRASTRUCTURE SPENDING BRINGS HOPE<br />

Government’s recent pledges to begin new builds and upgrades of road infrastructure offer hope<br />

to the transport and construction industries. Justin Manson of Webfleet, Bridgestone’s Mobility<br />

company, writes about government’s recent announcements on infrastructure spending.<br />

RISK ASSESSMENT IS VITAL FOR VEHICLE OPERATORS<br />

Vuyisani Titi, CEO of Lynx Transport Underwriting Managers, unpacks the risk and insurance<br />

challenges facing heavy commercial vehicle operators.<br />

10<br />

22<br />

50<br />

48


10034136<br />

Commercial Banking<br />

Navigating the pain points<br />

of small manufacturers<br />

for the good of the country<br />

At the heart of Nedbank Commercial<br />

Banking’s offer to the manufacturing sector<br />

is a deep understanding of the pain points<br />

of the sector that helps us provide it with<br />

solutions and support so that it can better<br />

navigate the current difficulties experienced<br />

across South Africa.<br />

Amith Singh, Nedbank’s National Manager<br />

for Manufacturing, says: ‘The refined<br />

and bespoke solutions package for the<br />

manufacturing sector was a result of<br />

immersing ourselves in the industry<br />

to understand its nuances.’<br />

Singh adds that, while there are global<br />

challenges, it is important to understand<br />

what is going on in the sector and what those<br />

pain points that keep our clients awake<br />

at night are.<br />

At a recent webinar organised by<br />

Creamer Media, the following factors<br />

hurting our businesses financially were<br />

highlighted:<br />

• Inability to reduce the crime rate<br />

effectively.<br />

• Government interference in the<br />

manufacturing sector.<br />

• Slow economic growth.<br />

• Infrastructure deficiencies.<br />

• Increasing steel prices and inflation as<br />

well as the rising-interest-rate cycle.<br />

• Intensifying impact of load-shedding.<br />

During the webinar it was estimated<br />

that load-shedding costs the country an<br />

estimated R900 million a day. Considering<br />

this together with rising unemployment,<br />

which currently stands at 35,6%, Singh<br />

believes that it is imperative for financial<br />

institutions to be aware of the challenges<br />

and, in turn, give the sector the support it<br />

needs to be future-fit.<br />

‘It is no longer relevant to offer bespoke<br />

products with standard interest rates,<br />

terms and repayment conditions; it’s not<br />

the way we operate anymore. We pride<br />

ourselves on understanding our client’s<br />

business and strategy, partnering with<br />

them to achieve their strategic objectives,<br />

and tailoring solutions that include funding<br />

models,’ Singh added. ‘The approach may<br />

take a tad longer, but execution and speed<br />

are integral. It is imperative to note that<br />

fluctuations can impact the businesses<br />

that we partner with and radically so over<br />

a short span of time.’<br />

Singh notes that funding is always a<br />

pertinent question; it is definitely no<br />

secret that any sector, industry or<br />

business needs funding to grow.<br />

‘We understand and appreciate the<br />

importance of the manufacturing sector<br />

to the economy. What we add to this<br />

sector and the businesses within is not<br />

just a funding model. It is also our deep<br />

understanding of the sector and industry,<br />

as well as our integrity and understanding<br />

of the nuances that differentiate each<br />

industry from the next. We want to<br />

support their growth and, to do so, it is<br />

important to always stay true to knowing<br />

them, their business and their goals,’<br />

Singh says.<br />

Nedbank is committed to providing the<br />

manufacturing industry with access to<br />

the right support, at the right time. ‘We<br />

believe that the manufacturing sector is<br />

key to growing South Africa’s economy<br />

and that strategic partnerships are vital<br />

to making this a reality,’ concludes Singh.<br />

If you want to know how we can help your<br />

business grow, get in touch with us at<br />

manufacturing@nedbank.co.za<br />

Nedbank Ltd Reg No 1951/000009/06. Licensed financial services and registered credit provider (NCRCP16).


Contents<br />

ISSUE <strong>106</strong> | AUG/SEPT/OCT 2023<br />

54<br />

55<br />

58<br />

62<br />

63<br />

66<br />

68<br />

DIGITAL EXCHANGE PLATFORM WILL MAKE FREIGHT RAIL MORE EFFICIENT<br />

Empty Trips Managing Executive Andrew Crafford explains how rail capacity can be better used<br />

through a digital open exchange platform.<br />

THE NEXT RUNG ON THE LADDER OF DIGITAL TRANSFORMATION<br />

Rob Lith, the CCO of Telviva, explains how Microsoft Direct Routing allows businesses to<br />

integrate PBX functionality into their Microsoft Teams environment.<br />

CREATIVE INDUSTRIES ARE GROWING THE ECONOMY<br />

The economic impact of South Africa’s creative industries is taken from UNESCO’s report,<br />

The African Film Industry: Challenges and Opportunities for Growth. The planned Copyright<br />

and Performers’ Amendment Bills has stirred controversy. The submission of the Association<br />

for Communication and Advertising (ACA) and the Commercial Producers Association (CPA)<br />

appears here.<br />

GLOBAL TOURISM BOUNCING BACK, AT A COST<br />

To mitigate the soaring costs of travel, Travelstart and Mastercard have partnered to alleviate<br />

financial pressure.<br />

FUNERAL COSTS CAN BE PLANNED AND MANAGED<br />

Yaaseen Albertyn, Product Management Head at Metropolitan, says that budgeting and careful<br />

planning can take the stress out of funerals.<br />

ECONOMIST OF THE YEAR<br />

At the first prize-giving of the Economist of the Year competition to be held under the auspices<br />

of the Bureau of Market Research and Unisa, Ulrich Joubert won first prize.<br />

ECONOMIC DATA<br />

The SACCI Business Confidence Index and Trade Conditions Survey are published here. In future<br />

issues, they will be joined by the Small Business Growth Index, a joint venture with BMR.<br />

54<br />

58<br />

66<br />

63


The energy transition<br />

is underway<br />

Energy is the primary hot-button issue exercising the minds of leaders in every sector<br />

of society.<br />

Whether it’s a spaza shop owner trying to find a generator to keep his shop going<br />

during loadshedding in a South African town or the president of a G7 country pondering<br />

her country’s commitment to wean the national economy off fossil fuels by a target date<br />

some time in the future, discussions about energy and power generation are becoming more<br />

frequent and more urgent in intensity.<br />

The global forum that is the annual meeting of United Nations Climate Change Conference<br />

serves the useful purpose of focussing the world’s attention on the carbon-reduction targets<br />

that assembled countries pledge, but the conference has not been notably successful in actually<br />

achieving a reduction in emissions. COP28 will be held this year in Dubai in the first two weeks<br />

of December.<br />

In 2015, COP21 did produce the Paris Climate Agreement and that has been a useful benchmark for<br />

future discussions. When former US President Donald Trump withdrew the US from that agreement<br />

(subsequently overturned by his successor), it was noted that the actions of US states and cities might<br />

in fact be more consequential for the environment than the decisions of the federal government.<br />

And it’s in that spirit that businesses around the world in a multitude of economic sectors are<br />

gearing up for what is already happening, a transition from fossil fuels to renewable energies.<br />

Banks, insurers and law firms are developing renewable energy desks and portfolios. Consulting<br />

firms are honing their advisory skills in the large and expanding field of the green economy.<br />

Construction and engineering firms are rolling out new capabilities to build solar farms and wind<br />

towers. The energy transition is underway, and everyone is affected by it.<br />

In this issue<br />

In <strong>Opportunity</strong> <strong>106</strong>, the Centurion Law Group illustrates how an African legal and advisory firm is<br />

adapting to energy issues with its Energy Transition Centre.<br />

The African Energy Chamber reports on its efforts to bring willing governments and credible<br />

businesses together to promote the growth of the African energy sector.<br />

Battery storage is a new and very important thing in South Africa, and that is the focus of an<br />

article on the current state of that sector. With the country’s transmission lines under pressure,<br />

it is vital that energy can be stored. From Bushveld Minerals mining vanadium in Limpopo and<br />

processing it in East London, to Swedish firm Polarium assembling lithium batteries in Cape Town,<br />

things are moving fast.<br />

Equally important to a new, green economy will be the skills to cope with new technology. The<br />

Chemical Industries Education and Training Authority (CHIETA) is seized with that challenge and has<br />

started rolling out training centres for the skills needed in the hydrogen economy.<br />

Still related to renewable energy and the green economy, academics Duncan Money and<br />

Robrecht Declercq discuss some of the issues raised in a new book on the history of copper.<br />

Risks of various sorts are covered in articles on funeral costs and fleet management while reduced<br />

risk on roads is the hope that animates Justin Manson of Webfleet in writing of the state’s road<br />

building and repair programme.<br />

Andrew Crafford of Empty Trips puts forward an interesting solution to empty rail wagons<br />

returning to base after delivering their load and Rob Lith of Telviva explains how Microsoft Teams<br />

users can now be better integrated in telecoms systems.<br />

The economic impact of the country’s creative industries is assessed and two creative industry representative<br />

bodies argue the case against the proposed Copyright and Performers’ Amendment Bills.<br />

Finally, the first winner of the first Economist of the Year competition to be held under the<br />

auspices of the Bureau of Market Research and Unisa is announced.<br />

John Young, Editor<br />

8 | www.opportunityonline.co.za<br />

www.opportunityonline.co.za<br />

Editor: John Young<br />

Publishing director: Chris Whales<br />

Managing director: Clive During<br />

Online editor: Christoff Scholtz<br />

Designer: Tyra Martin<br />

Production: Yonella Ngaba<br />

Ad sales:<br />

Shiko Diala<br />

Vanessa Wallace<br />

Venesia Fowler<br />

Gabriel Venter<br />

Tennyson Naidoo<br />

Tahlia Wyngaard<br />

Mandlenkosi Dlamini<br />

Gavin van der Merwe<br />

Graeme February<br />

Sam Oliver<br />

Administration & accounts:<br />

Charlene Steynberg<br />

Kathy Wootton<br />

Sharon Angus-Leppan<br />

Distribution and circulation manager:<br />

Edward MacDonald<br />

Printing: FA Print<br />

PUBLISHED BY<br />

Global Africa Network Media (Pty) Ltd<br />

Company Registration No:<br />

2004/004982/07<br />

Directors: Clive During, Chris Whales<br />

Physical address: 28 Main Road,<br />

Rondebosch 7700<br />

Postal address: PO Box 292,<br />

Newlands 7701<br />

Tel: +27 21 657 6200<br />

Email: info@gan.co.za<br />

Website: www.gan.co.za<br />

No portion of this book may be reproduced without written consent of<br />

the copyright owner. The opinions expressed are not necessarily those of<br />

<strong>Opportunity</strong>, nor the publisher, none of whom accept liability of any nature<br />

arising out of, or in connection with, the contents of this book. The publishers<br />

would like to express thanks to those who support this publication by their<br />

submission of articles and with their advertising. All rights reserved.


News & snippets<br />

Industry insights from the past quarter<br />

A platform for talent to flourish<br />

Five production companies were presented with cheques of R250 000 each during a handover ceremony<br />

at the Barnyard Theatre Suncoast on 19 May 2023 by the Durban Film Office (DFO). This initiative aims to<br />

invigorate the growth of Durban’s film industry and provide vital support to emerging local filmmakers<br />

by fostering a platform for their talent to flourish. The Micro Budget Film Fund, which focuses on fiction<br />

feature projects, plays a pivotal role in facilitating the production of full-length films. In this cycle, the<br />

funding was granted to outstanding projects that exemplify Durban’s creative potential.<br />

BTS Films (Pty) Ltd secured funding for their film project “The Life Between Us”, while Lwazi Duma<br />

Entertainment, pictured, received support for “Thulebone”. Celebrating its 20th anniversary, the DFO<br />

has played a pivotal role in positioning Durban as a globally competitive film city. It has effectively<br />

contributed to boosting tourism, creating job opportunities and developing the local film industry<br />

through the office’s three development fund programmes.<br />

To apply for a filming permit in Durban, please visit our new site https://film.durban.gov.za/. We offer<br />

a One-Stop-Shop service through this convenient site, that is fast and user friendly.<br />

Durban Film Office<br />

+27 31 311 4243<br />

Filmdurban2@durban.gov.za<br />

Durban Film Office<br />

Durban Film Office<br />

Durban and its surrounding area is famous for its iconic<br />

locations. Varied landscapes and city sites make it an ideal<br />

place to shoot films and advertisements.<br />

THE<br />

ULTIMATE<br />

PORTS<br />

EXPERIENCE<br />

The Ports of Walvis Bay and Lüderitz lie on the West Coast<br />

of Africa. The Namibian Ports Authority (Namport) was<br />

established by the Namibian Ports Authority Act, No. 2 of<br />

1994. It is recognised as a public enterprise in terms of the<br />

Public Enterprises Governance Act, No. 1 of 2019. Namport’s<br />

mandate is to exercise control and manage Namibia’s ports,<br />

lighthouses and other navigational aids in Namibia and its<br />

territorial waters.<br />

Lubango<br />

Namibia<br />

Angola<br />

Oshikango<br />

Otjiwarongo<br />

Ondangwa<br />

Windhoek<br />

Walvis Bay<br />

Aus<br />

Otavi<br />

Lüderitz<br />

Tsumeb<br />

Grootfontein<br />

Okahandja<br />

Mariental<br />

Gobabis<br />

Keetmanshoop<br />

Upington<br />

South Africa<br />

Democratic<br />

Republic of Congo<br />

Zambia<br />

Katima Mulilo<br />

Botswana<br />

Gaborone<br />

Kolwezi<br />

Francistown<br />

Lusaka<br />

Livingstone<br />

Lesotho<br />

Lubumbashi<br />

Ndola<br />

Zimbabwe<br />

Johannesburg<br />

Bulawayo<br />

Swaziland<br />

Harare<br />

Lilongwe<br />

Mozambique<br />

Malawi<br />

Tanzania<br />

NAMPORT ACTIVITIES<br />

Marine<br />

Services<br />

Cargo Handling<br />

Container, Bulk & Break-Bulk<br />

Vessel<br />

Repairs<br />

For customized shipping solutions, contact the Manager: Business Development, Trevor Ndjadila at t.ndjadila@namport.com.na<br />

or alternatively +264 64 208 2377<br />

www.namport.com<br />

Warehouse<br />

Facilities<br />

Cruise/<br />

Passenger<br />

Service


SACCI NEWS<br />

SACCI continues to expand<br />

international contacts<br />

Memorandums of Understanding have been signed with<br />

business delegations from Bulgaria and Colombia.<br />

The South African Chamber of Commerce and Industry (SACCI)<br />

regularly engages in contact with foreign delegations and has<br />

signed a number of Memorandums of Understanding (MOU).<br />

This includes agreements with bodies as diverse as the EU<br />

Chamber in South Africa, the Morocco Chamber of Commerce, the South<br />

African Chinese Entrepreneurs Association, the African Chambers Alliance,<br />

the Qatar Chamber of Commerce and the Canada Council Africa.<br />

High Level Business Forum: South Africa – Bulgaria<br />

The President of Bulgaria, His Excellency Rumen Radev visited South Africa for<br />

the first time on 12-13 May 2023. A major event during the President's visit was<br />

the bilateral Business Forum, which took place on 12 May 2023.<br />

The anticipated outcome of the Business-to-Business Matchmaking<br />

session and Business Forum is to increase trade and investment between<br />

South Africa and Bulgaria, strengthening the partnership for increased<br />

levels of investment and trade.<br />

The Bulgarian business delegation was led by Mr Hristo Aleksiev, Deputy<br />

Prime Minister and Minister of Transport. The host was the Department of<br />

Trade, Industry and Competition (dtic).<br />

The CEOs of 30 of the most innovative, investment- and trade-oriented<br />

Bulgarian companies were present at the event to meet their counterparts<br />

and discuss possible future collaborations. These companies are in key<br />

sectors of the modern economy such as ICT and fintech, renewable<br />

energy, defence, agriculture and food processing, pharmaceuticals, futureoriented<br />

transport means and logistics.<br />

Some of the Bulgarian companies are already represented in South<br />

Africa and on the African continent at large, while others are open to<br />

new joint ventures. The Bulgarian CEOs were keen to establish mutuallybeneficial<br />

business partnerships in the B2B sessions, which followed after<br />

the official opening.<br />

A Memorandum of Understanding was signed between SACCI and the<br />

Bulgarian Chamber of Commerce and Industry (BCCI).<br />

The purpose of the MOU is to<br />

• take the initiative to exchange market and economic information and to<br />

disseminate to the businessmen of both sides information on services and<br />

partnership possibilities that may be available from either or both entities<br />

• provide sectoral assistance to the representatives of the other party in<br />

all matters of this MOU<br />

10 | www.opportunityonline.co.za


ABOUT SACCI<br />

The South African Chamber of Commerce and Industry and its almost<br />

50 constituent chambers is a lifeline for business people.<br />

• notify each other of and assist each other in events promoting<br />

the products of their business communities and<br />

to extend joint ventures in the two business bases of the<br />

contracting parties<br />

• organise meetings and seminars and assist with trade<br />

missions<br />

• to inform about investment, joint-ventures and advantageous<br />

trade opportunities<br />

High Level Business Forum: South Africa – Colombia<br />

The Embassy of the Republic of Colombia in South Africa had<br />

the honour of hosting Her Excellency Ms Francia Elena Márquez<br />

Mina, Vice-President of Republic of Colombia, on 12 -14 May<br />

2023, in an event aimed at strengthening Colombia-Africa<br />

relations at the bilateral, trade, cultural and multilateral levels.<br />

This historic visit marked a milestone in Colombia- South<br />

Africa relations and the Colombia - Africa relations, as it<br />

constituted the beginning of the implementation of the<br />

"Africa Strategy 2022-2026" led by the Vice-President and the<br />

Ministry of Foreign Affairs of Colombia.<br />

The Embassy particularly welcomed the support and<br />

presence of the South African Chamber of Commerce and<br />

Industry in the Business Forum Colombia- South Africa held<br />

at the Sandton Convention Centre of Johannesburg, pictured.<br />

The event was co-hosted by the Embassy of Colombia in<br />

South Africa, the Bogotá Chamber of Commerce (CCB) and<br />

SACCI, in partnership with the Pan-African Council, Trade<br />

& Investment KwaZulu-Natal (TIKZN) and the Randburg<br />

Chamber of Commerce and Industry (RCCI).<br />

The Embassy welcomed the signing of the Memorandum<br />

of Understanding between SACCI and CCB and noted that<br />

it looked forward to the start of a strong relationship for the<br />

growth and prosperity of both countries’ business sectors.<br />

SACCI and the BCC have the common goal of focusing on<br />

activities to foster the expansion of trade and investments<br />

between SACCI and the territory under the jurisdiction of the<br />

CCB, the Bogotá region.<br />

The voice of business<br />

SACCI's vision is to be the voice and preeminent business chamber<br />

organisation by offering superior value to its stakeholders. SACCI lobbies<br />

for and represents the collective interests, domestic and foreign, of South<br />

African businesses. Our mission is to effectively protect and promote the<br />

interests of business.<br />

Lobbying and advocacy<br />

We represent the business interests by influencing policy and legislative<br />

development and regulation. We engage government and legislatures or<br />

regulators in respect of certain of the regulations or pieces of legislation<br />

that we think would not be conducive for our business members or<br />

the economy in general or job creation. We are consulted in a lot of the<br />

policy that government looks at.<br />

Membership<br />

SACCI remains the most broadly-based representative national business<br />

body, not only in South Africa, but in Southern Africa, focusing primarily<br />

on national and international issues.<br />

As the “Voice of Business” SACCI assists its members by preparing and<br />

submitting policy positions on business related issues to government:<br />

International Trade, Taxation, Economic Affairs, Labour and Company<br />

Wellness, Education and Training, Information Technology, SADC, NEPAD,<br />

Small Business, Transport and Regulatory Affairs. SACCI also interacts with<br />

many other agencies on business issues. During the year, SACCI holds<br />

various informative seminars and presentations using top Government<br />

and noteworthy speakers.<br />

SACCI’s seven pillars<br />

• Inclusive Economic Growth and Employment Creation<br />

• Constructive Public and Private Stakeholder Engagement<br />

• Entrepreneurship<br />

• Infrastructure: “The 4 lines to Heaven”<br />

• Continental Development in Africa and the CFTA<br />

• Revenue Generation<br />

• Membership Rewards and Benefits<br />

Contact SACCI<br />

Adress: 33 Fricker Road, Illovo, Sandton<br />

Tel: 011 446 3800 | Email: info@sacci.org.za | Website: https://sacci.org.za<br />

Twitter: https://twitter.com/sacciza | Facebook: https://www.facebook.com/SACCIza/


SACCI MEMBER PROFILE<br />

Kruger Lowveld Chamber<br />

of Business and Tourism<br />

The voice of business in Ehlanzeni.<br />

The mandate<br />

So, what is so different about this chamber? Nothing at all, really. We<br />

all have had the same mandate for many years. We all have the same<br />

basic mandate:<br />

• To promote the region as a tourism and investment destination<br />

• To create networking and marketing opportunities for members<br />

• To represent and be the voice of the business community.<br />

The “how” is also the same across the board but it is all in the execution,<br />

as a good chef would say.<br />

As Grimbeek remarks, “We do this by building and maintaining<br />

meaningful relationships with all spheres of government as well as likeminded<br />

organisations, and by acting as liaison between these entities and<br />

the business community.”<br />

Linda Grimbeek, COO of KLCBT<br />

Kruger Lowveld Chamber of Business and Tourism<br />

(KLCBT) is well respected and highly regarded as<br />

one of the most successful and most progressive<br />

business chambers in South Africa. The Chamber is<br />

very often seen to implement profound new ideas.<br />

It also swiftly and effectively adapts to changes in the business<br />

environment to be a relevant and effective representative of the<br />

business community.<br />

At the helm of the organisation is COO Linda Grimbeek who<br />

contributes to the success of KLCBT with her a vast portfolio of<br />

experience in almost every business sector, which makes her the ideal<br />

candidate to spot opportunities, challenges and linkages alike. This is<br />

the very basis of adaptability which this chamber is so well known for.<br />

Grimbeek will often correct colleagues and partners in<br />

government when they speak of a “problem” or a “challenge”, by<br />

responding, “There are no such words in our book, around here we<br />

call it ‘an opportunity to do better’.” With such a perspective the<br />

entire angle of approaching the subject very quickly changes from<br />

trying to find solutions to rather finding innovative and unique ways<br />

to move forward.<br />

Nine advocacies<br />

Currently, KLCBT is driving nine very big advocacies or focus areas that<br />

need attention in our region. These range from service delivery and public<br />

participation through to safety and security as well as development and<br />

transformation – and everything in between.<br />

This brought us to represent members on 63 forums and counting. No<br />

single business can do all of this to try to represent themselves. This is the<br />

big WHY you should be affiliated to a chamber.<br />

For government it is equally important to engage chambers for the<br />

same reason. Instead of having to take calls from individual businesses<br />

at all hours, they will meet with the chambers once a month and work<br />

through all the proposals and complaints in one session. This is better for<br />

all concerned and provides real value, to municipalities in particular. This<br />

approach is strongly advised.<br />

Creator and leader<br />

KLCBT is known as the creator and leader of the tourism victim-supportvolunteer<br />

programme, now being rolled out nationwide. The latest<br />

innovation is the deployment of two special attachés, one for Tourism<br />

Development and Transformation and the second for Skills Development.<br />

This gives special power of attorney, limited to those portfolios of deserving<br />

board members to drive those specific advocacies or projects.<br />

It is not surprising that KLCBT has managed to grow its membership<br />

throughout lockdown and is still growing membership at a staggering rate.<br />

Contact details<br />

Physical address: KLCBT House, Crossing Centre, Nelspruit<br />

Postal address: Private Bag X 11326, Nelspruit 1200<br />

Tel: +27 13 755 1988 Fax: +27 13 753 2986<br />

Email: business@klcbt.co.za and tourism@klcbt.co.za<br />

Website: www.klcbt.co.za


Heidelberg Chamber<br />

of Business<br />

Fixed-term contracts of employment, by Yolandi Boshoff of Labour Connect,<br />

a member of the Heidelberg Chamber of Business.<br />

Section 198B of the Labour Relations 66 of 1995 (LRA)<br />

provides that fixed, term employees earning less than R205<br />

433.30 per annum (Threshold) may only be employed<br />

for longer than three months if the work they perform<br />

is of a limited or definite duration or if the employer can<br />

demonstrate any other justifiable reason for fixing the term of the<br />

contract. In the absence of a justifiable reason, the employee will be<br />

regarded as being indefinitely or “permanently” employed.<br />

The case of Ntsoko v St John the Baptist Catholic School (2019) 28<br />

CCMA 7.1.12 deals with the employee, Mr Ntsoko, who was employed<br />

as an educator at St John the Baptist Catholic School. The employee<br />

was employed in terms of four fixed-term contracts, the first of which<br />

was signed in February 2015. The last fixed-term contract was signed<br />

on 31 October 2017 and was to run from 1 January to 31 December<br />

2018. This contract was not renewed and this (the non-renewal of<br />

this contract) was what gave rise to the dispute between the parties.<br />

On 15 November 2018 the employee was advised that his fixed-term<br />

contract would not be renewed for 2019. The employee contended that<br />

a reasonable expectation of renewal had been created and he sought<br />

to challenge this decision. He referred a dispute to the Commission for<br />

Conciliation, Mediation and Arbitration (CCMA) relying on section 186<br />

of the LRA. In terms of the LRA, if an employee employed in terms of a<br />

fixed-term contract reasonably expected the employer to renew it on<br />

the same or similar terms or to be retained on an indefinite basis on the<br />

same or similar terms but the employer offered to renew or retain the<br />

employee’s employment on less favourable terms or did not renew or<br />

retain the employee at all, it constitutes a dismissal.<br />

The parties argued the matter before the CCMA on the basis of a<br />

non-renewal of the employment contract. The Commissioner noted<br />

SACCI MEMBER PROFILE<br />

that the Employee earned R10 000 a month and therefore section 198B<br />

of the LRA applied. In terms of Section 198B (3) of the LRA, an employer<br />

may only employ an employee who earns below the threshold on a fixedterm<br />

contract for longer than three months if the nature of the work for<br />

which the employee is employed is of a limited or definite duration or if the<br />

employer can demonstrate any other justifiable reason for fixing the term<br />

of the contract.<br />

Any fixed-term employment contract which contravenes the provisions<br />

of section 198B (3) is deemed to be of indefinite duration (in other words,<br />

the employee is regarded as being a permanent employee).<br />

The Commissioner held that the nature of the employee’s work was not<br />

of a limited or definite duration. The employer had failed to provide any<br />

justifiable reason for employing the employee on a fixed-term contract.<br />

The employee was therefore a permanent employee of the employer.<br />

The letter of 15 November 2018 informing the employee that his<br />

contract would not be renewed constituted a dismissal. All dismissals<br />

must follow a fair process and be for a valid reason. No procedure was<br />

followed and no valid explanation had been provided. The dismissal was<br />

therefore substantively and procedurally unfair. The employee did not seek<br />

reinstatement and the Commissioner awarded compensation equivalent<br />

to four months’ salary.<br />

As evident from this case, the LRA provides protection for employees<br />

earning below the threshold who are employed on fixed-term contracts.<br />

Employers should consider whether they have current fixed-term<br />

employees who earn less than the threshold, have been employed for<br />

longer than three months or are not performing “temporary work” or for<br />

whom there is no justifiable reason to fix the term of their employment.<br />

The use of fixed-term contracts of employment may be justifiable if the<br />

employee: is replacing another employee who is temporarily absent from<br />

work; is employed on account of a temporary increase in the volume of<br />

work; is a student or recent graduate employed for the purpose of being<br />

trained or gaining work experience; is employed to work exclusively on a<br />

specific project which has a limited or defined duration; is a non-citizen<br />

who has been granted a work permit for a defined period; is employed to<br />

perform seasonal work; is employed for the purposes of an official public<br />

works scheme or similar scheme; is employed in a position funded by an<br />

external source for a limited period; has reached the normal or agreedupon<br />

retirement age applicable in the employer’s business.<br />

We are able to provide a review of the status of your fixed-term<br />

employees in order to determine if you are exposed to any risk.<br />

For labour-related legal queries, contact: info@labourconnect.co.za<br />

Contact details<br />

Heidelberg Chamber of Business<br />

Postal address: PO Box 111, Heidelberg, Gauteng 1438<br />

Tel: 084 841 8147<br />

Email: info@heidelbergchamber.co.za<br />

Website: https://heidelbergchamber.co.za/<br />

Credit: Rodnae Productions/Pexels


SACCI<br />

SACCI and BMR launch new<br />

Small Business Growth Index<br />

The baseline of the first SBGI shows the growth prospects<br />

of distressed small businesses.<br />

The South African Chamber of Commerce and Industry<br />

(SACCI) and the Bureau of Market Research (Pty) Ltd at the<br />

University of South Africa (UNISA) have released the first<br />

Small Business Growth Index (SBGI) for South Africa to serve<br />

as an indicator of small business growth and development.<br />

The SACCI | BMR SBGI is an innovation to monitor small business<br />

growth in South Africa and to identify prevailing small business<br />

conditions, challenges, future business prospects and the support<br />

required to facilitate the growth and development of the small<br />

business sector of South Africa. More specifically, the intention of<br />

the SBGI is to ascertain views within the small business environment<br />

with respect to business performance and to inform government,<br />

business, economists, financial institutions, communities, academia,<br />

media and other interested parties of the current situation in the<br />

small business ecosystem. The intent of the project is to enhance the<br />

operating environment of small businesses (including the township<br />

economy) through interventions that positively impact job creation<br />

for unemployed young people.<br />

The risk of contraction<br />

The SACCI | BMR SBGI results for Quarter 1 show a rather gloomy<br />

picture for small business growth prospects for 2023. The survey<br />

results among 181 small businesses across different sectors and<br />

provinces show that 48.6% of the small businesses (business<br />

employing 50 or fewer people) are at risk of contracting or are<br />

currently trading with difficulty or at the brink of closure. About<br />

half of small businesses recorded a decline in profit and sales/<br />

trade in their local business areas during the first quarter of 2023.<br />

With reference to the cost of doing business, utilities (electricity/<br />

water) and transport were cited as the leading contributors to high<br />

business operating costs. As many as 55.8% of small businesses<br />

indicated that they will not be able to survive for longer than<br />

12 months given the inflated cost pressures and should no<br />

intervention/support be available.<br />

The small businesses cited a lower cap on energy costs, a reduction<br />

in VAT and shorter turnaround in payments for products and services<br />

rendered as the key interventions required from government.<br />

A proportion of 51.4% of businesses reported that they require<br />

additional funding, while about six in every 10 (61.3%) small businesses<br />

indicated that they intend to access grant funding, should it become<br />

available. However, a third of businesses remain uncertain whether<br />

they will be able to access any additional funding. The desire for more<br />

information about business finance options is also strong among one<br />

in every three small businesses.<br />

Leading concerns and challenges highlighted in the SBGI<br />

included inadequate capital, infrastructure breakdown and difficulty<br />

in managing cashflow. Six among every 10 small businesses (62.4%)<br />

indicated that they currently experience a weak or critical cashflow<br />

position (see Figure 2). Likewise, one in every three small businesses<br />

(31.0%) is facing a concerning and unmanageable debt position.<br />

Figure 2: Small business cashflow position: Q1-2023<br />

Given the difficult small business trading environment, the SBGI<br />

survey reported that about a quarter of small business are at risk.<br />

Encouragingly, about one in five small businesses (18.8%) foresee strong<br />

growth, while about a quarter (28.7%) anticipate growing moderately.<br />

For the balance of the small businesses, the anticipated performance<br />

for the remainder of the year seems rather gloomy. Despite this, the<br />

SACCI | BMR survey provides some optimism among 80% of small<br />

businesses who anticipate sales to increase in the next quarter, while<br />

Figure 1: Anticipated period of small business survival due to<br />

inflated cost pressures and no intervention/support


53.6% of businesses expect to grow online sales to customers during<br />

quarter 2 of 2023.<br />

Small businesses are anticipating that several challenges will<br />

remain during the second quarter of 2023, including continued power<br />

interruptions and increased cost of goods and energy.<br />

What is needed for growth<br />

The SBGI survey also explored the need for future skills and<br />

competencies of small businesses. Predominant future skills and<br />

competency requirements included import and export trade skills,<br />

business development and marketing skills, cashflow management<br />

skills, financial management competencies, investment<br />

management competencies and debtor management.<br />

Leading preconditions and priorities for small business survival and<br />

business growth resulting from the SBGI survey include a stable business<br />

and political environment, access to local and international markets,<br />

increased clientele and consumer spending, economic growth and<br />

government support, improved infrastructure, port transport logistics,<br />

better service delivery, no power cuts, functional policies and policy<br />

stability, lower VAT and a stable, effective and corruption-free local,<br />

regional and national government.<br />

Considering the current small<br />

business growth prospects,<br />

the overall SACCI | BMR SBGI<br />

recorded a total of 49.33<br />

index points (on a 100-point<br />

scale) which showcases rather<br />

sluggish growth prospects and<br />

unfavourable small business conditions for the first quarter of 2023. Small<br />

business growth prospects and conditions for Q1 were least favourable<br />

for older businesses, sole proprietors, female-owned businesses, singleowned<br />

businesses, micro (1-10 employees) and home-based businesses,<br />

and business with an annual turnover of less than R1-million.<br />

Small business growth is possible according to the SACCI |<br />

BMR SBGI should certain short-term policy recommendations be<br />

prioritised. These include increased access to fiscal and development<br />

finance, venture and working capital support, a lower cap on energy<br />

costs, improved access to domestic and international markets,<br />

facilitating mentorship from bigger business, extending the<br />

solar-panel tax incentive to businesses as well as the provision of<br />

subsidised insurance policies to business through SASRIA, provision<br />

of specialised mentorship to disabled entrepreneurs, a shortening<br />

of the DFI-finance approval process and a review of the approach to<br />

the application of the minimum wage to small business; the current<br />

approach has priced staff in small towns out of the market.<br />

The SBGI envisions to become a leading national brand in South<br />

Africa representing the voice of the small business community. The<br />

SBGI intends to brand the concept of a developmental community of<br />

“small business ambassadors” who will share and gain access to small<br />

business intelligence, advice and opportunities to participate in public<br />

debate and stakeholder advancement.<br />

Released by the South African Chamber of Commerce and<br />

Industry (SACCI) and the Bureau of Market Research at the University<br />

of South Africa (Unisa).<br />

Professional enquiries:<br />

South African Chamber of Commerce and Industry<br />

(SACCI)<br />

Mr Alan Mukoki: CEO, South African Chamber of<br />

Commerce and Industry (SACCI).<br />

Email: alanm@sacci.org.za<br />

Bureau of Market Research (Pty), University of<br />

South Africa<br />

Prof DH Tustin: CEO, Bureau of Market Research (Pty)<br />

Ltd, University of South Africa:<br />

deon.tustin@bmr.co.za<br />

Prof PK Kibuuka: Director, Bureau of Market Research<br />

(Pty) Ltd, University of South Africa:<br />

paul.kibuuka@bmr.co.za<br />

Prof CJ van Aardt: Director Bureau of Market Research<br />

(Pty) Ltd, University of South Africa:<br />

carel.vanaardt@bmr.co.za<br />

Despite challenging conditions, about one in five small businesses anticipate strong<br />

growth according to the Small Business Growth Index. CREDIT: SAB Foundation<br />

Tholoana Enterprise Programme<br />

www.opportunityonline.co.za | 15


Centurion<br />

Law Group<br />

A powerhouse that is reshaping the legal landscape<br />

in Africa and beyond. Centurion is a leading Pan-<br />

African legal and business advisory conglomerate.<br />

Zion Adeoye, Centurion Law Group Managing Director.<br />

Established in 2007 by NJ Ayuk, one of Africa’s foremost<br />

energy lawyers and entrepreneurs, Centurion Law Group<br />

has expanded its influence within a span of 15 years from<br />

a single point of origin and niche practice to an integrated<br />

law conglomerate providing full-suite legal and tax advisory<br />

services from its network of offices strategically placed across Africa,<br />

the UAE and Germany.<br />

Headquartered in Johannesburg, Centurion Law Group<br />

(Centurion) has its roots deep in the African soil while simultaneously<br />

spreading its reach across the world, establishing offices and<br />

partnerships across Europe and the Middle East. With a multilingual<br />

team of seasoned lawyers and advisors, the unparalleled blend of<br />

local insight and international expertise continues to be a winning<br />

formula. The firm is home to over 200 legal professionals, reflecting<br />

the breadth of its international presence and its diverse team<br />

represents over 25 nationalities, embodying the firm's commitment<br />

to diversity and inclusion.<br />

Centurion is renowned for the transformation it has brought to the<br />

practice of law in Africa. Its team, comprising internationally-trained<br />

advisors and lawyers, has been integral in advising a myriad of entities<br />

including governments, foreign investors, local companies, other law<br />

firms and the private sector.<br />

The ability to communicate in multiple languages including English,<br />

Spanish, Portuguese, French, Afrikaans and German gives the firm an<br />

additional edge in the global legal arena.<br />

While we are the toast of multinationals operating across Africa,<br />

who continue to be endeared by our seamless integration and<br />

ubiquitousness, our fee approach and lean operations ensure that<br />

we can provide premium legal services and critical business support<br />

to Fortune 500 companies and local SMEs alike.<br />

There is a daily increment in the realisation of our vision to become<br />

the preeminent international legal and business advisory solutions<br />

provider on the African continent. Our core values are integral to every<br />

decision we make and they are what bring us together as a team.<br />

Our team<br />

The strength of Centurion lies in its young exceptional team primed<br />

to lead African legal industry for the next quarter of a century.<br />

The CEO of Centurion is NJ Ayuk, JD/MBA, a multiple New<br />

York Times best-selling list author and a foremost energy lawyer.<br />

Described by many as a freak of nature and a once-in-a-generation<br />

business leader and deal maker, NJ Ayuk’s vision of a thriving<br />

continent supported predominantly by African lawyers and business<br />

lawyers continues to have full expression in the calibre and quality<br />

of work undertaken by Centurion across the continent.<br />

Centurion’s CEO is supported by Zion Adeoye, an awardwinning<br />

lawyer with over 15 years of legal and real-time key sector<br />

experience in multiple jurisdictions across Africa, uniquely garnered<br />

in the public sector, Big Four, Big Law and industry. His education<br />

spans Nigeria, the USA and the UK, where he obtained his Bachelor<br />

16 | www.opportunityonline.co.za


CENTURION LAW GROUP<br />

of Laws, an LLM in International Business Law and an MBA in<br />

International Oil and Gas Management respectively.<br />

Strayson Vermeulen is the COO and CFO with 18 years of experience<br />

and specialisation in International Business, well-versed in the<br />

complexities of conducting business on a global scale. Her expertise<br />

is significantly influential in Centurion's ability to navigate the intricacies<br />

of international markets and to develop effective business strategies for<br />

global reach. Her ability to assess the value of assets, analyse financial<br />

data and make informed decisions regarding investments opportunities<br />

and project funding is a critical business support consistently called<br />

upon by lawyers at the firm and clients alike. This knowledge allows<br />

her to ensure compliance and mitigate legal risk while driving the<br />

growth and expansion of the firm. Her education includes Financial<br />

Analysts, Business Management, and Master in Business Administration<br />

reflects her commitment to academic excellence and continuous<br />

professional development. Being able to handle a multitude of complex<br />

operations within and outside Africa, coupled with her expertise in<br />

finance, accounting, law and telecommunication, positions her as an<br />

indispensable corporate leader in the firm.<br />

Onyeka Ojogbo is the firm’s in-house technical powerhouse and<br />

an award-winning trailblazer in several respects. A product of the<br />

University of Ibadan and Columbia Law School, New York, and called<br />

to both the Nigerian and New York bars, Onyeka leads some of the<br />

firm’s most complex cross-border transactions and acts as a director at<br />

the firm’s headquarters in both South Africa and Germany.<br />

The majority of Centurion’s lawyers boast advanced training<br />

from prestigious universities across Africa, Europe and the USA,<br />

complemented by multiple legal and tax qualifications. This potent<br />

combination of local knowledge and international competence<br />

underpins the firm's success.<br />

Our Centurion Plus offering<br />

To keep your costs down and ensure you are always ahead of<br />

the curve in the markets you serve, we continue to aggregate<br />

country-qualified and geographically-mobile attorneys and advisers<br />

who can serve you on an on-demand basis and who can be deployed<br />

to fill in-house roles on a short to long-term basis, always backed by<br />

a team of the best African talent. Centurion Plus is a hard guarantee<br />

of quality services, tailored to the client’s current and specific needs,<br />

and at the most cost-effective rates in the premium market.<br />

Our regional and international presence<br />

Africa is brimming with opportunity and, where there is growth and<br />

development, there is a lawyer. Centurion Law Group has led the way<br />

when it comes to change on the continent. The firm is proud of its African<br />

heritage but does not believe it is limited by it. While we are able to serve<br />

clients on the four corners of the African continent across 54 jurisdictions,<br />

we have established key bases where our core team works from.<br />

CEMAC<br />

Our bilingual teams in Cameroon, Republic of Congo and Equatorial<br />

Guinea are available to respond to queries for local and international<br />

businesses wishing to establish themselves in these jurisdictions. The<br />

teams have particular expertise in tax and intellectual property and are<br />

often drawn into regional projects. Another strength is with energy clients<br />

and other corporate multinationals.<br />

West Africa<br />

In West Africa, in particular Nigeria and Ghana, our team’s experience<br />

includes provision of legal and tax advisory services for over a decade,<br />

including relevant experience with the provision of tax advisory<br />

services to multinationals. The teams also has seasoned advocates<br />

with in-depth knowledge of navigating regulatory affairs throughout<br />

the region.<br />

Southern Africa<br />

Centurion’s headquarters is in Johannesburg with strategic offices in<br />

Maputo, Luanda and Windhoek.<br />

Strayson Vermeulen, Centurion Law Group COO and CFO.<br />

Oneyka Ojogbo is a Director of the Centurion Law Group.


Other leading international legal directories such as Chambers and<br />

Partners and Legal 500 have consistently ranked Centurion as a Band<br />

1 firm in multiple jurisdictions, highlighting the firm’s expertise and<br />

reputation and showcasing Centurion’s commitment to providing<br />

exceptional legal services to clients across Africa.<br />

NJ Ayuk, JD MBA, founder and CEO of Centurion Law Group.<br />

International presence<br />

Building on our African success and expertise, and in response to<br />

clients’ needs, we have entered new territories, namely Europe and<br />

the Middle East.<br />

Germany<br />

Calvert Centurion International AG: Opening the African market's doors<br />

to European investors, CIAG is the first African-focused law firm listed<br />

on the German, Dusseldorf, Stock Exchange.<br />

CIAG, based in Frankfurt am Main, Germany, is the holding<br />

company of Centurion Law Group. The pan-African company<br />

provides consulting services on all aspects of market entry and<br />

expansion strategies.<br />

We have adopted an innovative NewLaw model to provide<br />

flexibility and cost-effectiveness to clients. Centurion Plus is<br />

experienced in supporting international companies who want to<br />

have a presence in Africa, Germany or the Middle East. We also have<br />

offices in Frankfurt and Berlin.<br />

Awards<br />

Centurion Law Group has received several awards, nominations and<br />

recognitions for its outstanding legal services and contributions to the<br />

African legal industry, especially in the energy sector.<br />

These include Best Legal Services Provider by the Africa Business<br />

Awards and the Energy and Natural Resources Team of the Year<br />

recognition by the African Legal Awards in 2021 as well as six other<br />

nominations for the firm. In addition to several international awards<br />

and nominations received by Centurion and its on-demand platform<br />

Centurion Plus, lawyers from the firm have and continue to win<br />

prestigious international awards, including the Attorney of the Year<br />

and Private Practice Rising Star Award at the African Legal Awards in<br />

2017 and 2020. The current International Bar Association Outstanding<br />

Young Lawyer of the year is Yorm Ama Abledu, the head of Centurion’s<br />

Ghana Practice.<br />

Centurion is particularly proud that a majority of its awardees and<br />

nominees have been the leading women at our firm.<br />

Investment in young people<br />

Centurion Law Group recognises the importance of young talent,<br />

especially women in driving innovation, growth and success in the legal<br />

industry. The firm is committed to investing in and developing young<br />

people, providing them with opportunities to learn, grow and excel in<br />

their careers. A vanguard in nurturing young talent, the firm’s investment<br />

in youth, especially women, is a testament to its belief in innovation,<br />

growth and success driven by the next generation.<br />

Centurion believes that young people bring fresh perspectives, new<br />

ideas and a willingness to embrace change, which are essential for staying<br />

ahead in a rapidly-evolving industry. By nurturing and empowering young<br />

talent, Centurion Law Group is not only investing in the future of the firm<br />

but also contributing to the development of the legal profession in Africa.<br />

Centurion Law Group is a signatory to the Equal by 30 Campaign, which calls<br />

for private and public sector commitments to further equal pay, equal leadership<br />

and equal opportunities for women in the clean energy sector by 2030.<br />

Our practice areas<br />

Centurion’s rich diet of clients continue to rely on the firm for critical<br />

business services including:<br />

• Litigation<br />

• Civil and Criminal<br />

• Labour Disputes<br />

• Local Partner Dispute<br />

• Tax Disputes<br />

• Energy and Projects<br />

• Contracts and Negotiations<br />

• Immigration, Labour and Employment<br />

• Corporate, Regulatory Compliance<br />

• Tax Advisory and Compliance<br />

• Mergers and Acquisitions<br />

• Arbitration<br />

• Intellectual Property and Data Privacy<br />

• Customs<br />

• Approvals, Licences and Permits<br />

• Financial Services Support<br />

• Local Content Compliance<br />

• Regulator and Tax Administration Liaison<br />

• Contracts and Negotiations<br />

Summary<br />

Centurion Law Group is more than just a law firm; it is a powerhouse that<br />

is reshaping the legal landscape in Africa and beyond. Its unrelenting<br />

commitment to excellence, diversity, innovation and social responsibility<br />

makes it an irresistible choice for discerning clients worldwide. Whether<br />

you are a government, financial institution, corporate entity or individual<br />

seeking exceptional legal and business advisory services, Centurion Law<br />

Group stands as the guardian of your interests.<br />

18 | www.opportunityonline.co.za


LEADING LEGAL PRACTICE AND BUSINESS<br />

ADVISORS FOR A CHANGING WORLD<br />

CENTURION INTERNATIONAL AG - LISTED ON THE<br />

DÜSSELDORF STOCK EXCHANGE<br />

SOUTH AFRICA | NIGERIA | CONGO – BRAZZAVILLE | GERMANY | MAURITIUS|<br />

GHANA | CAMEROON | EQUATORIAL GUINEA | MOZAMBIQUE | SOUTH SUDAN<br />

| info@centurionlg.com<br />

Suite 43 Katherine & West, 114 West Street Sandton, Johannesburg +27 11 245 5900<br />

centurionlg.com


ENERGY<br />

Making energy poverty history by 2030<br />

The African Energy Chamber champions responsible energy<br />

development, transparency and investment across the continent.<br />

with the skills they need to drive sustainable energy development. By<br />

investing in our people, we invest in the continent's future.<br />

Technological advancement is a crucial aspect of the chamber's vision.<br />

It actively encourages the adoption of innovative technologies within<br />

Africa's energy sector. We strive to position Africa as a hub for energy<br />

innovation, where groundbreaking ideas and technologies thrive.<br />

NJ Ayuk, AEC founder.<br />

Africa, with its boundless potential, faces a stark reality: nearly<br />

900-million Africans lack access to reliable electricity.<br />

This energy poverty deprives them of opportunities,<br />

economic growth and hampers progress. From these<br />

challenges, a beacon of hope emerges – the African<br />

Energy Chamber.<br />

At the heart of this transformative movement stands the visionary<br />

founder, NJ Ayuk. Ayuk acknowledged the difficult situation faced<br />

by individuals living without electricity and grasped the significant<br />

transformation energy access could bring . Fuelled by a burning desire<br />

to make a difference, he established the African Energy Chamber,<br />

an NPO dedicated to advocating for change, promoting investment<br />

and empowering African communities.<br />

The aim of the African Energy Chamber is crystal clear: to eradicate<br />

energy poverty in Africa. Its objectives are ambitious yet crucial.<br />

Through accessible advocacy, the chamber tirelessly champions<br />

policies that support responsible energy development, transparency<br />

and investment across the continent.<br />

Investment is key to unlocking Africa's energy potential and the<br />

chamber is a catalyst for change. It actively promotes Africa's vast<br />

energy resources to both local and international investors. “By fostering<br />

economic growth and prosperity, we can uplift communities, create<br />

jobs and lay the foundation for a brighter future,” says Ayuk.<br />

Capacity building is another pillar of the African Energy Chamber's<br />

work. Through training programmes, mentorship opportunities and<br />

knowledge-sharing platforms, the chamber equips African professionals<br />

AEC initiatives<br />

The African Energy Chamber Roadshow hosted in London,<br />

Oslo, Germany, Dubai and Paris is a testament to the chamber's<br />

commitment to change. These events connect government officials,<br />

industry leaders, investors and local communities across the<br />

continent. It is a powerful tool in attracting foreign direct investment<br />

and forging partnerships.<br />

The pinnacle event is the African Energy Week. It is an annual<br />

gathering of government representatives, industry leaders and<br />

global experts. African Energy Week sparks high-level discussions,<br />

exhibitions and deal-making. It is a platform where policy debates<br />

take centre stage, emerging trends are explored and initiatives are<br />

catalysed. It is through this event that we find the inspiration, the<br />

connections and the determination to propel us towards our goal<br />

of making energy poverty history.<br />

The African Energy Chamber has also embarked on a remarkable<br />

journey, extending its initiatives beyond the energy sector and<br />

making a significant impact on education, women empowerment<br />

and youth development. Recognising the crucial role of education<br />

in fostering sustainable development, the AEC established the AEC<br />

Educational Foundation.<br />

The AEC is unwavering in its dedication to empower women and<br />

ignite a powerful transformation within the energy industry. The<br />

Women in Energy programme provides mentorship, networking<br />

opportunities and capacity-building initiatives to support the<br />

professional growth and leadership development of women. By<br />

breaking barriers and promoting gender equality, the AEC aims to<br />

build a more inclusive and diverse energy industry in Africa.<br />

Moreover, the AEC recognises the importance of nurturing young<br />

talent and creating pathways for their entry into the energy sector.<br />

To address this, the AEC established an internship programme that<br />

provides practical, hands-on experience to students and recent<br />

graduates. By bridging the gap between academic knowledge and<br />

practical application, the internship programme helps shape the<br />

next generation of energy leaders and professionals.<br />

The African Energy Chamber's commitment to education, women<br />

empowerment and youth development underscores its dedication<br />

to building a sustainable and inclusive energy industry that benefits<br />

the entire continent.<br />

20 | www.opportunityonline.co.za


AFRICAN ENERGY WEEK (AEW)<br />

IS THE PREMIER EVENT FOR THE AFRICAN<br />

ENERGY SECTOR<br />

Ministry of<br />

Petroleum Resources<br />

of the Federal Republic<br />

of Nigeria<br />

Ministry of<br />

Petroleum and Energy<br />

of Uganda<br />

Ministry of<br />

Petroleum and Energy<br />

of Senegal<br />

Ministry of<br />

Mines and Hydrocarbons<br />

of Equatorial Guinea


BATTERY STORAGE<br />

Lithium-ion batteries being assembled in Cape Town. Credit: John Young<br />

Battery storage is the answer<br />

Now that renewable energy projects are underway, how to store power has become the<br />

big question. Local and foreign firms are scrambling to offer solutions. By John Young<br />

The world receives sunshine every day and the wind<br />

blows somewhere all the time. This is the great<br />

appeal of renewable energy and why the world is<br />

moving so quickly in installing wind and solar farms.<br />

Two big constraints are now being experienced, in<br />

South Africa as much as elsewhere across the globe. Transmission<br />

capacity and storage capacity.<br />

Lack of transmission capacity is the reason why the<br />

Northern Cape largely missed out on the most recent round<br />

of approved bids for new renewable energy projects under the<br />

Renewable Energy Independent Power Producer Procurement<br />

Programme (REIPPPP). The same is happening in the US and in<br />

other countries. Adding transmission capacity has to become<br />

a priority for governments because it is a large problem at the<br />

level of infrastructure.<br />

The battery storage problem, however, can be solved by<br />

private entities and many companies are going all out to tackle it.<br />

National programmes<br />

National government’s Integrated Resource Plan (IRP) stipulates<br />

that an additional 78GW of electricity generation should be<br />

added to the grid. The REIPPPP is the means by which this goal<br />

is to be achieved.<br />

In 2022, renewable energy provided 6.2GW (or 6.5% of South<br />

Africa’s total energy, Prescient Investment Management) and<br />

this figure is set to grow quickly as approved projects get financial<br />

sign-off and start producing power.<br />

South Africa has so far issued a handful of utility-scale tenders<br />

which include battery storage. Ambri, a US company, has been<br />

contracted to supply a 300MW/1 200MWh battery system for a<br />

combined wind and solar facility in the Eastern Cape. The local<br />

company, Earth & Wire, has acquired or rented land all over South<br />

Africa to roll out renewable energy projects. The first batteries for<br />

this project are expected to be delivered in the first half of 2024 with<br />

the installation being completed in 2026. The energy-storage facility<br />

itself will have the potential to generate an estimated 700MW of<br />

wind and 600MW of solar power.<br />

The first project to reach financial close under the Risk Mitigation<br />

Independent Power Producer Procurement Programme (RMI4P)<br />

was for a 540MW/1.1GWh project in the Northern Cape. The R18-<br />

billion battery energy storage and photovoltaic solar project covers<br />

three projects near the town of Kenhardt and involves Norwegian<br />

company Scatec in partnership with H1 Holdings and financed by<br />

Standard Bank and British International Investment.<br />

Eskom has embarked on a 500MW Battery Energy Storage<br />

System (BESS) project and has begun to award tenders.<br />

The Independent Power Producers Projects Office within the<br />

Department of Mineral Resources and Energy released a Request for<br />

Proposals (RFP) for energy storage whereby bidders had to submit<br />

their proposals by early June 2023. This was for 513MW in the first<br />

22 | www.opportunityonline.co.za


BATTERY STORAGE<br />

phase, and when complemented by wind and solar projects, will<br />

provide baseload energy.<br />

Solutions<br />

Lithium and vanadium are two preferred solutions for new-generation<br />

batteries. Australia, Chile and China are the world’s top producers of<br />

lithium, with Argentina and Brazil making up the top five.<br />

South Africa is in third place in terms of vanadium production,<br />

but China makes more than twice as much as South Africa and the<br />

second and fourth-placed Russia and Brazil combined.<br />

Marula Mining has a new project in the Northern Cape mining<br />

lithium and Bushveld Minerals in Limpopo describes itself as<br />

being “one of only three operating primary vanadium producers”<br />

in the world. Glencore is the other South African company that<br />

mines vanadium.<br />

But Bushveld Minerals has gone beyond mining. Its subsidiary,<br />

Bushveld Energy, is to produce vanadium battery electrolyte at its<br />

new Belco facility in East London. The aim is ultimately to produce<br />

battery systems. The plant was built with the support of the Industrial<br />

Development Corporation (IDC), which is well placed to assist in the<br />

creation of a value chain for vanadium batteries in South Africa. If<br />

Bushveld Energy reaches its target of eight-million litres, it will be the<br />

largest plant of its kind outside of China.<br />

A perfect storm<br />

According to the South African manager of the new factory assembling<br />

lithium-ion batteries in Cape Town, Etienne Grobler, conditions right<br />

now represent a “perfect storm for energy storage”.<br />

Grobler joined Swedish company Polarium to make a meaningful<br />

difference by manufacturing “high-quality, sustainable energy<br />

projects in South Africa, for South Africa”. He has previously worked<br />

on fuel-cell and flow-battery solutions.<br />

Polarium spent $30-million setting up the plant and intends<br />

expanding quickly. The biggest customer for Polarium’s batteries<br />

in Africa is the American Tower Corp, which sets up and maintains<br />

telecommunications towers across the continent. In South Africa the<br />

12.6kWh battery sells well and customers include shopping malls<br />

and hotels.<br />

By using nickel, manganese and cobalt (NMC) technology, the<br />

lifecycle of the manufactured batteries is effectively doubled and<br />

they are recyclable, a fact which will assist Polarium as it aims for<br />

net-zero status for the factory by 2030. The factory is in Marconi Beam<br />

industrial area near Milnerton in Cape Town.<br />

A model of hybrid power generation. Credit: Yellow Door Energy<br />

Arguing that the previous decade was about solar, the<br />

company’s Country Director: South Africa, Mohamed Madhi, said,<br />

“The decade of the battery has arrived!” He added that companies<br />

can significantly reduce their dependency on the grid by installing<br />

solar and combining it with a battery energy-storage solution.<br />

Power Purchase Agreements (PPA) are instruments that allow<br />

companies to receive power without any capital outlay for building<br />

the plant that produces the power. By the same token, companies<br />

that do invest in a plant of some sort and find they are making more<br />

power than they need, could then sign PPAs with other parties to<br />

sell the excess power.<br />

Hybrid systems<br />

A good deal of discussion centred on battery systems and battery<br />

storage in the course of the 2023 Africa Energy Indaba which took place<br />

in Cape Town in March. A company that has been very active in the<br />

UAE and other parts of the Middle East, Yellow Door Energy, made the<br />

case for combinations of solar, wind and battery storage as a solution<br />

for the private sector.<br />

An East London plant is producing vanadium battery electrolyte. Credit: Bushveld Energy<br />

www.opportunityonline.co.za | 23


C<br />

M<br />

Y<br />

CM<br />

MY<br />

CY<br />

CMY<br />

K<br />

UNLOCK YOUR<br />

LESEDI’S MARKETS<br />

UNLOCK POTENTIAL YOUR<br />

Oil & Gas WITH Mining<br />

• EP&C of the Balance of Plant for Eskom’s four • Execution of turnkey engineering projects in the • 30 years of upgrade and maintenance projects<br />

Gas Turbine Power Stations constructed in<br />

minerals processing and mining industries.<br />

at Eskom’s Koeberg Nuclear Power Station in<br />

Atlantis and Mossel POTENTIAL Bay in the Western Cape, • Through WITH<br />

its network of world-class technology<br />

Cape Town, South Africa, including over 150<br />

South Africa. • EP&C of the Balance of Plant for Eskom’s four partners, Lesedi • Execution offers gas-cleaning of turnkey engineering and projects in the modifications • 30 years on the of plant. upgrade and maintenance projects<br />

• Mechanical erection Gas Turbine of 14x150MW Power Stations gas turbines constructed in<br />

emissions control minerals plants processing for its clients. and mining industries. • International Eskom’s maintenance Koeberg services Nuclear contracts Power Station in in<br />

LESEDI SKILLS ACADEMY<br />

for Siemens and<br />

Atlantis<br />

associated<br />

and Mossel<br />

turbine<br />

Bay<br />

halls.<br />

in the Western Cape,<br />

• Lesedi provides<br />

• Through<br />

systems<br />

its network<br />

for the capture<br />

of world-class<br />

of dust,<br />

technology England, Brazil,<br />

Cape Town,<br />

China,<br />

South<br />

France<br />

Africa,<br />

and the<br />

including<br />

USA,<br />

over 150<br />

South Africa.<br />

modifications on the plant.<br />

• Since 1990, Lesedi has successfully completed<br />

partners, Lesedi offers gas-cleaning and<br />

tars, acid mists, SO2 and various other acidic<br />

including over 75 interventions since 2006.<br />

• Mechanical erection of 14x150MW gas turbines<br />

• International maintenance services contracts in<br />

projects across Africa, illustrating our expertise.<br />

emissions control plants for its clients.<br />

gases and contaminants in the mining sector.<br />

for Siemens and associated turbine halls.<br />

• Lesedi provides systems for the capture of dust,<br />

England, Brazil, China, France and the USA,<br />

• Since 1990, Lesedi has successfully completed<br />

tars, acid mists, SO2 and various other acidic<br />

including over 75 interventions since 2006.<br />

Technology<br />

Biomass, Waste to<br />

projects across Africa, illustrating our expertise. gases and contaminants in the mining sector.<br />

Products<br />

Technology<br />

Products<br />

Lesedi__NS<br />

Lesedi Nuclear Services<br />

LESEDI SKILLS ACADEMY<br />

Lesedi__NS<br />

LESEDI SKILLS ACADEMY<br />

LESEDI’S MARKETS<br />

POTENTIAL LESEDI UNLOCK SKILLS WITH YOUR<br />

Oil & Gas<br />

ACADEMY<br />

Mining<br />

LESEDI SKILLS ACADEMY<br />

The Lesedi Skills Academy (LSA) is the brainchild of Lesedi Nuclear Services. Lesedi is a leading African engineering, procurement, and<br />

The Lesedi The Lesedi Skills Academy (LSA) is the brainchild of Lesedi Nuclear Services.<br />

construction (EPC), and maintenance company with a long history in nuclear, industrial power, mining, oil and gas industries.<br />

(amajority The Lesedi shareholder Skills Academy in the academy) (LSA) is is the a leading brainchild African of Lesedi engineering, Nuclear Services. procurement Lesedi and is construction a leading African (EPC), engineering, and maintenance procurement, company and<br />

Lesedi executes The Lesedi turnkey The bespoke Lesedi projects Skills Academy from concept (LSA) and is the basic brainchild design of to Lesedi detailed Nuclear engineering, Services. procurement, project management,<br />

construction (EPC), and maintenance company LESEDI with a SKILLS long history in ACADEMY<br />

nuclear, industrial power, mining, oil and gas industries.<br />

with installation a long and history commissioning, in nuclear, industrial as well as power, project mining, and contract oil and management gas industries. function. The Lesedi Skills Academy, a private training provider and an<br />

Lesedi (amajority executes turnkey shareholder bespoke in the projects academy) from is concept a leading and African basic engineering, design to detailed procurement engineering, and construction procurement, (EPC), project and management,<br />

maintenance company<br />

EME (75% BO; 42,62% BFO),<br />

LESEDI SKILLS ACADEMY<br />

with installation a long and history commissioning, in nuclear, industrial as well as power, project mining, and contract oil and management gas industries. function. The Lesedi Skills Academy, a private training provider and an<br />

The<br />

opened Lesedi Skills<br />

its doors<br />

The Academy,<br />

in 2015.<br />

Lesedi a private Skills training Academy provider and (LSA) an EME is (75% the BO; brainchild 42,62% BFO), of opened Lesedi its doors Nuclear in 2015. Services. The Academy Lesedi provides (a<br />

EME (75% BO; 42,62% BFO),<br />

skills<br />

majority<br />

development<br />

shareholder<br />

and training<br />

in<br />

(Mechanical<br />

the academy)<br />

Fitting, Boilermaking<br />

is a leading<br />

& Basic<br />

African<br />

Welding),<br />

engineering,<br />

allowing young people,<br />

procurement<br />

and previously<br />

and<br />

disadvantaged<br />

The construction<br />

individuals to opened Lesedi Skills<br />

enter the its doors<br />

The Academy,<br />

formal in job 2015.<br />

Lesedi a private Skills training Academy provider and (LSA) an EME is (75% the BO; brainchild 42,62% BFO), of opened Lesedi its doors Nuclear in 2015. Services. The Academy Lesedi provides (a<br />

market. Through focussed quality training, employed and unemployed learners are provided with the<br />

(EPC), and skills maintenance company with a long history nuclear, industrial power, mining, oil and gas<br />

The knowledge Academy and<br />

majority<br />

development<br />

provides skills to progress<br />

shareholder<br />

and training<br />

skills development in the Engineering<br />

in<br />

(Mechanical<br />

the and training academy)<br />

Fitting, Boilermaking<br />

and related (Mechanical fields.<br />

is a leading<br />

& Basic<br />

Fitting, Boilermaking African<br />

Welding),<br />

engineering,<br />

allowing young people,<br />

& Basic Welding), procurement<br />

and previously<br />

allowing young and<br />

disadvantaged<br />

people, construction<br />

individuals to enter the formal job market. Through focussed quality training, employed and unemployed learners are provided with the<br />

and<br />

industries. (EPC), The Lesedi and maintenance Skills Academy, company a private with a training long history provider in nuclear, and an industrial EME (75% power, BO; 42,62% mining, oil BFO), and gas<br />

previously disadvantaged The knowledge Academy and individuals provides skills to progress skills to enter development in the formal Engineering and job market. training and related Through (Mechanical fields. focussed Fitting, quality Boilermaking training, & employed Basic Welding), and unemployed allowing learners young people, are and<br />

provided with previously the knowledge disadvantaged and skills individuals to progress to enter in the the Engineering formal job and market. related Through fields. focussed Follow us:Contact quality training, Lesedi employed Skills Academy: and unemployed learners are<br />

CONTACT DETAILS:<br />

Email: info@lesedisa.com CONTACT DETAILS: | Julian.vanderPoel@lesedisa.com<br />

Phone: +27 21 Email: 525 info@lesedisa.com 1530<br />

| Julian.vanderPoel@lesedisa.com<br />

www.lesedisa.com<br />

to progress Phone: in the +27 21 Engineering 525 1530 and related fields.<br />

www.lesedisa.com<br />

Energy & Solar<br />

Biomass, Waste to<br />

Energy & Solar<br />

Nuclear<br />

Thermal<br />

Nuclear<br />

Thermal<br />

• Lesedi has successfully concluded agency<br />

agreements for several state of the art<br />

• Lesedi achieved preferential bidding status for<br />

two biomass projects for the South African RIEPPP<br />

• Balance of Plant for Eskom’s Medupi and Kusile<br />

Power Station, the biggest dry-cooled power<br />

products and • services Lesedi has such successfully as CONCO concluded agency (16.5MW -• sugar Lesedi cane achieved & 5MW preferential - wood chip.) bidding status for stations • in Balance the world. of Plant for Eskom’s Medupi and Kusile<br />

System Inc. and agreements Arkema (DMDS). for several state of the art • Lesedi is the two local biomass partner projects for Exosun for the (singleaxis<br />

South African RIEPPP Power Station, the biggest dry-cooled power<br />

tracking). (16.5MW - sugar cane & 5MW - wood chip.)<br />

stations in the world.<br />

products and services such as CONCO<br />

• More than 20 projects under development in Africa. What can we do for you?<br />

LesediNS System Inc. and Arkema (DMDS).<br />

• Lesedi is the local partner for Exosun (singleaxis<br />

tracking). has built over 100 bio-energy Email: info@lesedins.co.za<br />

• Our global partner<br />

Lesedi Nuclear Services<br />

power plants, • More totalling than more 20 projects than 2,650 under MW. development in Africa. Phone: +27 What 21 525 can 1300 we do for you?<br />

LesediNS<br />

• Our global partner has built over 100 bio-energy www.lesedins.co.za<br />

power plants, totalling more than 2,650 MW.<br />

Email: info@lesedins.co.za<br />

Phone: +27 21 525 1300<br />

www.lesedins.co.za<br />

opened its industries. doors The 2015. Lesedi Skills Academy, a private training provider and an EME (75% BO; 42,62% BFO),<br />

opened its doors in 2015.<br />

provided with the knowledge and skills to progress in the Engineering and related fields. Follow us:Contact Lesedi Skills Academy:<br />

The Academy provides skills development and training (Mechanical Fitting, Boilermaking & Basic Welding),<br />

CONTACT DETAILS:<br />

allowing young The Academy people, provides and previously skills development disadvantaged and training individuals (Mechanical to enter Fitting, the formal Boilermaking job market. & Basic Through Welding),<br />

Email: info@lesedins.co.za<br />

CONTACT DETAILS:<br />

focussed allowing quality training, young people, employed and and previously unemployed disadvantaged learners individuals are provided to enter with the formal knowledge Phone:<br />

job<br />

+27<br />

market. and 21 525 skills 1300<br />

Through<br />

Email: info@lesedins.co.za<br />

focussed quality training, employed and unemployed learners are provided with the knowledge www.lesedins.co.za<br />

Phone: +27 and 21 525 skills 1300<br />

to progress in the Engineering and related fields.<br />

www.lesedins.co.za


BUILDING,<br />

CONNECTING<br />

BUILDING,<br />

AND CONNECTING<br />

EMPOWERING<br />

BY LEADING THE POWER GENERATION,<br />

MINING, AND OIL & GAS<br />

EMPOWERING<br />

INDUSTRIES SINCE 1984<br />

LESEDI MARKETS<br />

Oil & Gas<br />

Mining<br />

Nuclear<br />

• EP&C of the Balance of Plant for Eskom’s four<br />

Gas Turbine Power Stations constructed in<br />

Atlantis and Mossel Bay in the Western Cape,<br />

South Africa.<br />

• Mechanical erection of 14x150MW gas turbines<br />

for Siemens and associated turbine halls.<br />

• Since 1990, Lesedi has successfully completed<br />

projects across Africa, illustrating our expertise.<br />

• Execution of turnkey engineering projects in the<br />

minerals processing and mining industries.<br />

• Through its network of world-class technology<br />

partners, Lesedi offers gas-cleaning and emissions<br />

control plants for its clients.<br />

• Lesedi provides systems for the capture of dust, tars,<br />

acid mists, SO2 and various other acidic gases and<br />

contaminants in the mining sector.<br />

• 30 years of upgrade and maintenance projects<br />

at Eskom’s Koeberg Nuclear Power Station in<br />

Cape Town, South Africa, including over 150<br />

modifications on the plant.<br />

• International maintenance services contracts in<br />

England, Brazil, China, France and the USA,<br />

resulting in over 75 interventions since 2006.<br />

Technology<br />

Products<br />

Biomass, Waste to<br />

Energy & Solar<br />

Thermal<br />

• Lesedi has successfully concluded agency<br />

agreements for several state of the art products<br />

and services such as CONCO System Inc. and<br />

Arkema (DMDS).<br />

• Lesedi performs Mechanical Heat Exchanger<br />

and Condenser Tube Cleaning as the African<br />

distributor for Conco Services LLC based in the USA.<br />

Conco has cleaned over 100 million condenser and<br />

heat exchanger tubes, making it the number one<br />

condenser and heat exchanger performance<br />

company in the world.<br />

• Lesedi achieved preferential bidding status for<br />

two biomass projects for the South African RIEPPP<br />

(16.5MW - sugar cane & 5MW - wood chip.)<br />

• Lesedi is the local partner for Exosun (singleaxis<br />

tracking).<br />

• More than 20 projects under development in Africa.<br />

• Our global partner has built over 100 bio-energy<br />

power plants, totalling more than 2,650 MW.<br />

• Balance of Plant for Eskom’s Medupi and Kusile<br />

Power Station, the biggest dry-cooled power<br />

stations in the world.<br />

• Turnkey Engineering contracts for plant life<br />

extension and major refurbishments icluding:<br />

- High frequency power supplies<br />

- Electrostatic precipitator<br />

- Ash handling systems<br />

www.lesedins.co.za | info@lesedins.co.za


Help to create a future of excellence<br />

in energy at the Wits Business School’s<br />

African Energy Leadership Centre<br />

“Our Centre provides students with an opportunity<br />

to grow competencies across among others, the energy<br />

value chains, an understanding of energy geopolitics, the<br />

intersection of energy with society, the environment and<br />

business. This equips our students with the skills to find<br />

solutions to energy challenges, particularly here in Africa”<br />

Professor Lwazi Ngubevana<br />

Director: African Energy Leadership Centre (AELC),<br />

Wits Business School<br />

In addition to changing the leadership landscape within<br />

the energy sector, locally and globally, the AELC aims<br />

to drive gender transformation. The Centre has identified<br />

the lack of female representation in the energy sector,<br />

and wishes to encourage more women to pursue a career<br />

in the field.<br />

It is no secret that South Africa is experiencing an<br />

unprecedented energy crisis, and the demand for<br />

security of energy supply in Africa continues to grow<br />

exponentially. The African Energy Leadership Centre<br />

(AELC) at Wits Business School aims to sculpt leaders in<br />

the energy sector, to help them think and act strategically,<br />

and equip them with the skills needed to navigate through<br />

the challenges of an evolving African energy landscape.<br />

Founded in 2017, the Centre, through research<br />

and teaching, aims to address the challenges in the energy<br />

sector, and develop the next generation of skilled leaders.<br />

Since its inception, the Centre has welcomed students and<br />

researchers, locally and internationally, including Ghana,<br />

Kenya, Nigeria, Zimbabwe, Zambia, and South Africa.<br />

The AELC offers three academic programmes, namely,<br />

a Master of Management in the field of Energy<br />

Leadership, a Postgraduate Diploma in Energy<br />

Leadership and a PhD in Energy Leadership. These<br />

programmes provide leaders with a solid foundation<br />

in all aspects of energy leadership and have a strong<br />

focus on critical thinking, analysis and decision-making.<br />

Programme delivery at the AELC has three main focal<br />

points: research and thought leadership, postgraduate<br />

programmes and executive education, plus networking<br />

and professional development. The overarching goal<br />

is to assist those aspiring to carve a future<br />

for themselves in the energy sector to become<br />

confident, decisive and effective leaders.<br />

The academic programmes offered by the AELC do not<br />

only broaden the skills of the students; they also equip them<br />

with the ability to make an impact not only within the energy<br />

sector but into related industries, such as banking, asset<br />

management, legal and government regulation and policy.<br />

The Centre boasts academic staff who are passionate<br />

about the energy space, and, armed with both theoretical<br />

and practical industry knowledge, ensure that each<br />

student gains a deep and thorough understanding of<br />

the energy field and its challenges and opportunities.<br />

“We aim to address the skills shortages within the<br />

energy leadership sector by producing world-class<br />

leaders who span various industries and professions,”<br />

says Professor Lwazi Ngubevana, Director of the AELC.<br />

Applications are open for the January 2024 intake.<br />

Visit www.wbs.ac.za or www.africanenergycentre.ac.za<br />

for more information.


JOIN THE NEXT<br />

GENERATION OF<br />

GLOBAL LEADERS.<br />

wbs.ac.za<br />

Accreditations and Affiliations:


ENERGY INNOVATION<br />

Unlocking the potential of<br />

industrial waste heat recovery<br />

and thermal energy storage<br />

Realise your business's energy potential with accessible technologies that slash costs,<br />

boost productivity and drive sustainability in the race towards a greener future.<br />

The South African industrial sector relies heavily<br />

on thermal-energy systems, accounting for<br />

approximately 70% of its energy consumption.<br />

Historically, South African industries have been<br />

nurtured under the wing of low-cost coal and<br />

electricity. This environment has led to a typically inefficient<br />

and carbon-intensive industrial sector which is now<br />

suffering under the burden of failing energy availability and<br />

rising energy costs. These factors, together with justified<br />

international pressure to reduce greenhouse gas emissions<br />

has had a compounding negative impact on industrial<br />

competitiveness both locally and internationally.<br />

To demonstrate the effectiveness of waste-heat recovery<br />

technologies in the local industrial sector, the Council for<br />

Scientific and Industrial Research (CSIR) launched a pilot<br />

project with CERadvance, an advanced industrial ceramics<br />

manufacturing company in Pretoria.<br />

<strong>Opportunity</strong> in WHR and TES<br />

Even though waste-heat recovery within industry has the potential<br />

to significantly reduce operating costs by reducing peak energy<br />

demands and improving energy efficiency, especially in batchwise<br />

manufacturing processes, it is unfortunately not widely<br />

deployed. This is due, in part, to the technical difficulties involved<br />

in predicting and optimising new system performance to quantify<br />

the feasibility of planned projects. The available scale, capacity,<br />

technology and efficiency of both thermal energy capture and<br />

storage systems can play an important role in presenting a<br />

positive investment case. This techno-economic feasibility goes<br />

beyond the obvious operational benefits of systems which can<br />

convert waste heat into a readily available energy source that<br />

easily aligns with batch cycle demands.<br />

Over and above the complexities of these unknowns, there<br />

is often a need to develop bespoke technical solutions to serve<br />

unique industrial cases, which leads to the development of<br />

novel thermal components and systems.<br />

A ceramics company as a pilot site<br />

The pilot project with CERadvance investigated the recovery of waste<br />

heat from the ceramic-sintering process and the medium-term storage<br />

and reuse of that energy in the manufacturing processes. The company<br />

operates a series of high-temperature electric sintering furnaces which<br />

run at temperatures above 1 000°C. Once the sintering cycle is completed,<br />

both natural and forced convection cooling is used to reduce the<br />

temperature of the kiln's contents. This results in a waste hot-air stream<br />

which peaks at more than 800°C and 4kW per kiln. The temperature of<br />

this waste-heat stream decays gradually until the furnace contents are<br />

cooled to a temperature sufficiently near ambient. While the total waste<br />

energy is a function of the furnace contents, this is typically in the order<br />

of 160kWh per batch.<br />

During the manufacturing process, a ceramic slurry needs to be cast<br />

into prepared Plaster-of-Paris moulds. The moulds absorb water from<br />

this slurry during the product-casting process and subsequently require<br />

drying before further processing. Before adoption of waste-heat recovery,<br />

CERadvance used a couple of 6kW direct-heating electric ovens to dry<br />

their moulds at temperatures around 60°C. The concept of this pilot was<br />

to demonstrate the capture and reuse of kiln heat to run the drying ovens.<br />

Zeolite master class<br />

The unique thermal energy-storage capacity of Zeolites is<br />

based on adsorption, which involves the attachment of gas<br />

molecules to the surface of a solid. This process differs from<br />

absorption, which involves the bonding of gas molecules to a<br />

liquid. The substance that is adsorbed is called the adsorbate.<br />

The adsorbate enters the pores of the adsorbent, and a chemical<br />

bond is formed which releases energy as a result. When the<br />

pores are saturated, no further heat is released. The system<br />

can then be regenerated by using the waste heat from hightemperature<br />

kilns. The heat breaks the bonds between the<br />

adsorbent and adsorbate. This is an endothermic process and<br />

can also be referred to as desorption. Once the system has<br />

been regenerated, the adsorption process can be repeated.<br />

28 | www.opportunityonline.co.za


ENERGY INNOVATION<br />

1D Simulation model of System using Flownex®.<br />

Introducing thermo-chemical heat storage<br />

In this context, a thermo-chemical heat storage system was developed.<br />

The system includes two fixed-bed regenerators that are connected<br />

to the waste hot-air stream of the high-temperature ceramic kilns. This<br />

hot air is diverted through the packed bed reactors for thermal capture<br />

and storage. This is where it gets exciting, as the heat storage material<br />

selected for this project was Zeolite 13X. Zeolites are aluminosilicate<br />

materials which consist of orderly distributed micropores. Zeolites<br />

can store heat in sensible and thermo-chemical form, with the<br />

thermo-chemical heat energy being retained independently of the<br />

temperature of the packed bed. The thermo-chemical storage capacity<br />

within Zeolites is typically four times the usable sensible heat storage<br />

capacity, making this thermal-storage material a highly attractive<br />

option. As reference, using stored thermo-chemical heat alone, just<br />

500g of charged Zeolite 13X is required to heat 100L of water by 1°C.<br />

The application<br />

The regenerators are connected to a drying chamber to use the<br />

stored heat to dry the casting moulds. The team had to design a<br />

low-cost high-temperature ceramic valve to enable cycling between<br />

the charging and discharging of the two storage vessels, so that one<br />

reactor can charge while the other discharges the heat to a drying<br />

chamber. The regenerators were designed to store more than 150kWh<br />

which is sufficient for heating two days’ worth of drying air.<br />

CFD model of packed bed reactor for thermal storage showing<br />

thermal striations.<br />

Benefits and impact<br />

The reuse of waste heat from the kiln significantly reduces the demand<br />

for electrical drying. This not only lowers manufacturing costs, but<br />

also greenhouse gas emissions.<br />

If the Zeolite bed is kept dry, standing losses are theoretically<br />

capped to the sensible-heat portion only, which amounts to a<br />

20% loss no matter how long the heat is stored. This implies that<br />

a major portion of the waste heat can be stored even during<br />

prolonged shutdowns.<br />

Zeolites like these can store heat for much longer with<br />

minimal losses compared to conventional sensible-heat storage<br />

systems, making them ideal for intermittent or batch production<br />

processes. The system not only provides hot-air, but also has<br />

the added advantage of chemically drying the process air. The<br />

steady supply of hot-air with ultra-low moisture content to the<br />

drying chambers significantly increases the control, speed and<br />

repeatability of drying processes.<br />

The performance seen in this pilot implementation at CERadvance<br />

demonstrates the tremendous potential of thermo-chemical<br />

heat storage systems. By capturing waste heat and optimising<br />

its utilisation, businesses can unlock substantial economic and<br />

environmental benefits.<br />

Contact the CSIR to explore how these technologies can propel<br />

your business forward.<br />

Authors:<br />

Tobias van Reenen: tvreenen@csir.co.za<br />

Muhammad Sheik: msheik@csir.co.za<br />

Packed bed reactors for thermal capture and storage.


ENERGY INNOVATION<br />

Electrochemical Energy<br />

Technologies: Transfiguring Local<br />

Energy Storage and Conversion<br />

We simply cannot miss the unique opportunities that augment the full potential of stored<br />

energy. Proper storage and conversion solutions enable the effective utilisation of green energy,<br />

thus ensuring constant availability. The time to act is now, says Mmalewane Teffo (née Modibedi)<br />

In an era driven by the urgent need for sustainable<br />

energy solutions, Electrochemical Energy Technologies<br />

emerges as a pioneering research platform dedicated<br />

to advancing materials-based technologies for energy<br />

storage and conversion. With a focused approach on<br />

developing new materials and demonstrating their viability<br />

for industrial applications, collaboration opportunities are<br />

sought to drive innovation and propel the manufacturing of<br />

cutting-edge energy-storage systems.<br />

Advancing electrode materials<br />

Electrochemical Energy Technologies hinges on the development<br />

of manganese and nickel-rich cathode materials, as well as<br />

graphite, titanium and silicon-based anode materials. These<br />

advancements offer enhanced performance, durability and<br />

cost-effectiveness in energy-storage systems, unlocking new<br />

possibilities for mobile, stationary and other power applications.<br />

Leveraging expertise in materials science, and localisation of<br />

electrode materials will position us to optimise South Africa's<br />

abundant minerals such as manganese, nickel, titanium and<br />

platinum group metal (PGM) resources.<br />

Storage and conversion technologies<br />

A comprehensive analysis of energy storage and conversion<br />

technologies provides insights into their costs, performance<br />

and suitability for specific applications. Relevant assessments<br />

encompass energy-storage solutions, fuel cells and electrolysers,<br />

considering factors such as storage duration, cost projections<br />

and end-of-life options.<br />

Materials synthesis and characterisation<br />

Synthesising and characterising electrode materials for energystorage<br />

systems through meticulous research and development,<br />

creates materials that exhibit superior performance, stability and<br />

energy efficiency. With advanced characterisation techniques,<br />

we provide deep insights into the electrochemical properties of<br />

batteries, supercapacitors, fuel cells and electrolyser technologies.<br />

The importance of proper material testing<br />

From characterising battery cells, fuel cells and electrolyser<br />

cells to evaluating electrochemical properties, proper testing<br />

capabilities ensure accurate performance assessments and aid<br />

in the selection of optimal materials for your applications. Quality<br />

and precision empower industry to make informed decisions<br />

with confidence.<br />

Prototyping and assembly<br />

Fabrication, assembly and testing of coin cells and pouch cells are essential<br />

components of energy-storage systems. Technical proficiency to create<br />

membrane electrode assemblies (MEAs), a crucial component of fuel cells<br />

and electrolysers, is necessary. With the right expertise in prototyping,<br />

novel concepts can be transformed into functional prototypes.<br />

The power of collaboration<br />

Journey with us towards a sustainable energy landscape. Together,<br />

we can unlock the power of collaboration and innovation, driving<br />

the adoption of cutting-edge technologies and materials. The CSIR<br />

Electrochemical Energy Technologies group offers unique opportunities<br />

that rest at the forefront of energy storage and conversion advancements.<br />

The focus on materials innovation, expertise in electrocatalysis and<br />

comprehensive analysis capabilities positions the CSIR as a trusted<br />

partner for restructuring the energy sector.<br />

Join us in transforming the energy landscape and creating a greener, more sustainable world.<br />

About the author:<br />

Dr Mmalewane Teffo is a highly accomplished Principal Researcher and the esteemed leader<br />

of the CSIR Electrochemical Energy Technologies (EET) Research Group. With her extensive<br />

expertise in heterogeneous catalysis, oxidation catalyst development and electrocatalysts for<br />

fuel cells, she assumes a crucial role in providing invaluable technical and strategic guidance<br />

to the group. Mmalewane demonstrates exceptional proficiency in various domains, including<br />

the fabrication of membrane electrode assemblies, fuel cell performance testing and the<br />

advancement of materials for fuel cells and batteries. Her unwavering dedication to research<br />

and academic excellence is evident through her impressive publication record of over 20<br />

articles in renowned peer-reviewed journals, supervision of post-graduate students and<br />

by actively engaging in international collaborations and consistently achieving significant<br />

research milestones. Recently, she has been involved in lithium-ion battery reuse, repurpose<br />

and recycling to support the circular economy. Mmalewane continuously strives to expand<br />

the global impact of her work, establishing herself as an exemplary leader and trailblazer<br />

in the field of fuel cells and energy storage research.<br />

Email Mmalewane Teffo (née Modibedi): MModibedi@csir.co.za


CSIR<br />

ENERGY<br />

CENTRE<br />

FACT SHEET<br />

Electrochemical Energy Technologies<br />

Introduction<br />

The CSIR electrochemical energy technologies research group focuses on developing<br />

new materials-based technologies for energy storage systems, and demonstrating these<br />

technologies to enable new industrial activity through manufacturing of such materials<br />

and systems. Specific areas of focus are on manganese- and nickel- rich cathode<br />

materials, as well as titanium- and silicon- based anode materials. The group also has<br />

skills in the beyond lithium-ion battery electrode materials; platinum group metals<br />

(PGM) and non-PGM-based electrocatalysts for fuel cells and electrolysers. New<br />

materials afford new opportunities that benefit their respective sectors for mobile,<br />

stationary and other power applications.<br />

Value proposition<br />

The group accelerates and unlocks the beneficiation of South Africa’s manganese and<br />

PGM resources by localising electrode material for energy storage and conversion<br />

with a better cost-to-performance ratio.<br />

In addition, it pursues value-creating opportunities in other minerals to leverage<br />

CSIR skills, existing assets and experience to enhance value delivery for clients.<br />

Services offered<br />

• Analysis of energy storage and conversion technologies and cost, as well as<br />

recommendations on potential best-fit options for the application. Such assessments<br />

include the role of energy storage, fuel cells and electrolysers, while considering storage<br />

duration, performance, cost projections and decommissioning and disposal options.<br />

• Testing of energy storage and conversion materials.<br />

• Testing of battery cells (at present < 6 V, with the possibility of testing larger cells<br />

in the future).<br />

• Testing of fuel cell and electrolyser cells (up to four cells).<br />

• Characterisation of electrochemical properties of the materials (batteries,<br />

supercapacitors, fuel cells, electrolysers and carbon dioxide reduction).<br />

Infrastructure<br />

Laboratories<br />

• General lab for synthesis, wet chemistry, thermal processing, microwave processing, material<br />

handling and coin cell manufacturing<br />

• Small lab with Argon glove box and X-ray diffractometer<br />

• Small lab for battery testing<br />

• Facility for pouch-cell manufacturing<br />

Equipment:<br />

• General synthesis (litre-scale glassware, heating, mixing, stirring, analytical scales)<br />

• Various ½L to 2L autoclaves<br />

• Laminar LCR Tera 3100 (Taylor reactor) for co-precipitation with controlled feed, agitation,<br />

temperature and pH<br />

• 50mm and 80 mm tube furnace, muffle furnace, 2 large furnaces (ca. 30-150 L)<br />

• Anton Paar Synthos 3 000 microwave reactor and custom-made microwave drum reactor<br />

• 1 x one-person and 1 x two-person glove box<br />

• Rigaku Ultima IV powder X-Ray Diffractometer<br />

• MTI mini-lab for coin cell manufacturing (ball mill, coating table, vacuum oven, roller press,<br />

electrode disc punch, crimping press).<br />

• Pouch cell equipment (litre scale ball mill, high-shear vacuum stirrer, coating table, electrode<br />

die cutter, stacker, sealing machine).<br />

• Maccor coin cell testers (1 x 96 channel, 1 x 48 channel)<br />

Other equipment at the National Centre of Nano-Structured Materials<br />

Scanning electron microscope; transmission electron microscope; thermogravimetric<br />

analysis; differential scanning calorimetry; Fourier transform infra-red spectroscopy, etc.<br />

• CAPABILITIES IN BATTERY TECHNOLOGIES<br />

• CAPABILITIES IN HYDROGEN AND FUEL CELLS TECHNOLOGIES<br />

CONTACT PERSON:<br />

Mmalewane Modibedi : mmodibedi@csir.co.za


HYDROGEN SKILLS<br />

How to close the<br />

hydrogen skills gap<br />

Chemical Industries Education and Training Authority (CHIETA) CEO Yershen<br />

Pillay explains how cross-sector collaboration is the vital element that<br />

could see South Africa becoming a leader in the hydrogen economy.<br />

The CHIETA SMART Skills Centre was opened in Saldanha Bay in 2022. ICT training is key to moving the green hydrogen economy forward. Left to right: Yershen Pillay (CHIETA CEO), Simphiwe<br />

Thobela (MICT SETA Chairperson), Dr Blade Nzimande (Minister of Higher Education), Wezi Khoza CHIETA Chairperson), Andre Truter, Executive Mayor of Saldhana Bay and Kaashifah Beukes,<br />

Chief Executive Officer of the Saldanha Bay IDZ.<br />

In 2016, South Africa signed the Paris agreement on<br />

climate change at the United Nations in New York.<br />

Signing the agreement meant that the country is<br />

committed to reducing greenhouse gas emissions and<br />

collaborating with the global community to reduce<br />

global temperatures to below two degrees Celsius. The<br />

problem that the country faces is how best to accelerate the<br />

reduction of carbon emissions to meet its commitments to<br />

the Paris agreement.<br />

One way of accelerating the reduction of carbon emissions<br />

is the use of green hydrogen as a zero-emissions energy carrier.<br />

In 2021, the International Energy Agency (IEA) declared that<br />

hydrogen would be an essential source of energy for reducing<br />

carbon emissions. According to a recent report by the Hydrogen<br />

Council in collaboration with McKinsey & Company, 40 countries<br />

have developed national hydrogen strategies to tap into hydrogen’s<br />

potential to decarbonise and the industry has announced 680<br />

hydrogen projects proposals as at the end of May 2022.<br />

However, the emerging green hydrogen industry is facing<br />

a multitude of challenges. One significant challenge is the skills<br />

needs and training for a hydrogen-ready workforce. This pertains<br />

to both current and future skills needs and training requirements. A<br />

recent study on reskilling the green hydrogen economy found that<br />

80% of industry employees would require new hydrogen skills and<br />

further education about electrolysers, fuel cells, hydrogen storage<br />

and future refuelling stations. The lack of skills development and<br />

training is the biggest challenge to growing South Africa’s hydrogen<br />

economy. It’s not just accessibility to hydrogen training that poses<br />

a challenge, but actually receiving the education and skills to meet<br />

industry needs.<br />

32 | www.opportunityonline.co.za


The South Africa hydrogen economy is going to need a lot of occupationally-qualified people. Credit: Sapref<br />

The main barriers to closing the hydrogen skills gap in South<br />

Africa are a lack of expertise, funding and a lack of training facilities<br />

and equipment such as electrolyser simulators. For this reason, more<br />

needs to be done to develop South Africa’s education infrastructure<br />

and physical infrastructure to support both current and future<br />

demand. If we are unable to develop this infrastructure in the next<br />

five years, we may miss the opportunity to be a leader in this rapidly<br />

growing industry. We need to plan now for the future growth and<br />

expansion of hydrogen energy.<br />

In the future, a more comprehensive assessment of skills<br />

requirements will be needed. The current desktop modelling places<br />

a greater emphasis on engineering qualifications with extraordinarily<br />

little attention paid to occupational qualifications. Hydrogen safety<br />

training has been less of a priority, yet safety skills programmes will<br />

be a vital part of hydrogen education. Hydrogen can be an extremely<br />

dangerous gas to work with as it is highly flammable and hence<br />

appropriate training is essential.<br />

Skills have been identified<br />

In attempting to close the hydrogen skills and training gaps in South Africa,<br />

research by the Chemical Industries Education and Training Authority<br />

(CHIETA) has identified 17 specific training and skills requirements.<br />

Approximately 14 000 jobs are likely to be created, including hydrogensystems<br />

engineers, technicians, gas fitters and other associated trades<br />

and services.<br />

The technical and regulatory uncertainties in South Africa<br />

provide a major challenge for effective skills planning. For this<br />

reason, leadership needs to be provided for enabling policy and<br />

regulatory changes. The education sector needs to work more closely<br />

with industry for joint skills planning and the co-creation of future<br />

training courses and learning materials. What is needed is more<br />

cross-sector collaboration and research development by engaging<br />

with industries such as transport, mining, manufacturing, energy,<br />

infrastructure and agriculture.<br />

South Africa lacks the cross-sector collaboration to support<br />

skills development and training on green hydrogen. Cross-sector<br />

collaboration and joint skills planning between government, the<br />

private sector and training authorities should be an apex priority for<br />

a hydrogen-ready workforce. Without cross-sector collaboration, a<br />

fragmented and piecemeal training landscape may evolve in which<br />

hydrogen training is expensive, exclusive, and inaccessible to all.<br />

Digital skills are the foundation for hydrogen skills. For this reason,<br />

South Africa needs to prioritize digital literacy skills programmes. A<br />

coherent digital literacy skills curriculum is required for hydrogen<br />

education. To this end, CHIETA has prioritised digital literacy skills<br />

by launching SMART Skills Centres across the country. CHIETA<br />

SMART Skills Centres provide free digital literacy skills programmes<br />

including experiential learning using virtual reality technology for<br />

certain occupations. This first-of-its-kind SMART centre in Saldanha<br />

Bay has been opened to the public since the 1 February 2023. Eight<br />

new centres are planned over the next two years.<br />

The biggest risk facing South Africa is the inability to seize the<br />

moment and implement green hydrogen at scale because of the<br />

lack of adequate skills and appropriate expertise. To mitigate this<br />

risk and close the hydrogen skills gap in South Africa requires a<br />

multipronged strategy that includes better coordination from<br />

government, cross-sector collaboration with industry, digital<br />

literacy programmes, specialised training on electrolysers, fuel<br />

cells and hydrogen systems. The relevant expertise will have to<br />

be sourced to develop and deliver the training required by the<br />

industry. The country needs an explosion of training to become a<br />

leader in the global hydrogen economy.<br />

About CHIETA<br />

The Chemical Industries Education and Training Authority (CHIETA) is a statutory body that was established by the Skills Development Act in 1998. CHIETA’s role in<br />

the sector is to facilitate skills development as well as to ensure that skills needs are identified and addressed through various training initiatives in the chemical and<br />

manufacturing industries.<br />

www.opportunityonline.co.za | 33


UCT GRADUATE SCHOOL OF BUSINESS<br />

Setting the benchmark for<br />

African business schools for<br />

14 years and counting<br />

For the 14th year in a row, the University of Cape Town Graduate School of Business<br />

(UCT GSB) has been ranked by the Financial Times (FT) for the quality and relevance<br />

of its executive education programmes.<br />

In the FT’s 2023 Combined Ranking, which evaluates both customised<br />

executive education programmes and open programmes, the UCT<br />

GSB is one of three native African institutions to place in the top 50,<br />

coming in at number 44. The only other native African business schools<br />

joining the UCT GSB in the top 50 are the Gordon Institute of Business<br />

(GIBS) at the University of Pretoria and Lagos Business School in Nigeria.<br />

Three other international schools that deliver programmes in Africa<br />

also feature in the rankings.<br />

Offering Africa-based business education for over<br />

50 years, the UCT GSB was the first institution<br />

on the continent to enter the FT rankings –<br />

widely considered one of the most trusted<br />

metrics for assessing the quality of business<br />

school programmes globally – at the start of the millennium.<br />

The Cape Town-based business school, which also has a<br />

satellite campus in Johannesburg, is known for its pioneering<br />

programmes that understand the complexity and unpredictability<br />

of a developing context – and its ability to leverage business to<br />

deliver solutions to African challenges.<br />

Jodie Martin, head of executive education at the UCT GSB, believes<br />

the ascent of African business schools in the FT rankings further<br />

confirms the value of Africa’s business showing internationally<br />

and the importance of executive education done here. “The<br />

innovation, resilience, flexibility and adaptability required to<br />

succeed on the continent can’t be gained at arm's-length,” he<br />

says. “African programmes are context-specific, geared toward<br />

local problems and solutions and business schools that have a<br />

strong regional connection with business have an edge.”<br />

Entrepreneurship and complexity<br />

With Africa’s rapidly expanding and urbanising population and its fastaccelerating<br />

consumer class, the continent has become fertile ground<br />

for entrepreneurs and businesses willing to navigate the complexity and<br />

unpredictability of a developing context and deliver solutions. The UCT<br />

GSB has been spearheading education that can meet these ever-shifting<br />

needs and accentuate future opportunities.<br />

Rayner Canning, business development director at the UCT GSB,<br />

emphasises the importance of understanding the context that native<br />

African institutions with local, experienced faculty, that are also<br />

benchmarked with the best in the world, can bring to addressing<br />

uniquely African challenges.<br />

“It’s no accident that our programmes are so consistently ranked,”<br />

he says. “We work hard to cultivate relationships that help us keep a<br />

constant finger on the pulse of business and social development so<br />

that our courses are fresh and always bridging academic understanding<br />

and real-world application.<br />

“Our value lies in our ability to understand the complexities faced<br />

by organisations and to translate these into coherent learning and<br />

development solutions that transform and enhance human capital<br />

efforts for businesses and individuals. Our high client retention rates<br />

speak to long-term value creation and through our ever-expanding<br />

network of clients, delivery partners, alumni and faculty we continue<br />

to co-create the most relevant curricula.”<br />

According to Martin, the FT data shows the continued variety and<br />

strength of business school executive education providers, despite<br />

pressure on training and development budgets from employers and<br />

increasing competition.<br />

“It’s exciting that the landscape of executive education in Africa<br />

is going from strength to strength,” says Martin. “When we nurture<br />

healthy businesses and leaders, we all win.”<br />

34 | www.opportunityonline.co.za


Adapt. Evolve. Thrive<br />

#1<br />

#1<br />

#1<br />

Top 50<br />

University<br />

in Africa<br />

MBA<br />

in Africa<br />

EMBA<br />

in Africa<br />

Global Executive<br />

Education<br />

ranked consecutively<br />

for 14 years<br />

African approach.<br />

Global perspective.<br />

The UCT GSB is for students who are seeking<br />

an immersive international experience<br />

and global perspective on business in<br />

complex African markets.<br />

VISIT OUR WEBSITE<br />

Study at a globally benchmarked business<br />

school with a world-class reputation.


VHEMBE TVET COLLEGE<br />

Providing the skills the<br />

community needs<br />

Vhembe TVET College principal Basani Hlekane outlines the goals of skills development<br />

programmes that are relevant to the workplace and respond to the challenges of the new economy.<br />

and in retail many malls are being built. Agriculture and mining are strong<br />

and when you look at mechanical engineering we talk about fabrication,<br />

welding and boilermaking. That is how we positioned our campuses.<br />

The Makwarela campus specialises in innovation in engineering and also<br />

hospitality and business studies, welding, motor mechanics and robotics.<br />

Some drone pilots have graduated and we are promoting entrepreneurship.<br />

At Mashamba campus it is purely agriculture, that’s where the<br />

greenhouses are. At Mavhoi campus, they specialise in electricity<br />

and chemical engineering. At Musina the focus is on the mines and<br />

engineering programmes. Tshisimani has engineering but they are<br />

working on their speciality. Shingwedzi looks at what their surrounding<br />

area needs so they have early childhood programmes, engineering and<br />

business studies. We also have a satellite at Makhado where we have<br />

hospitality facilities. We do bed and breakfast, conferencing and have<br />

a restaurant. Thengwe Campus wants to specialise in engineering skills.<br />

Biography<br />

Basani Hlekane<br />

Having completed her schooling in Mdabula in the<br />

Malamulele area of Limpopo, Hlakane studied for a<br />

BTech, Higher Education, at Tshwane University of<br />

Technology and was awarded an Honours degree in<br />

Educational Leadership and Administration from Unisa.<br />

She held senior posts at Tshwane South College and<br />

worked in the Department of Education and Training<br />

before joining Vhembe TVET College. She has been<br />

principal since 2015 and notably introduced Limpopo’s<br />

first Centre for Entrepreneurship to the College.<br />

How many campuses do you have?<br />

We have seven campuses in the Vhembe district.<br />

What do they have in common?<br />

What our campuses have in common is they provide skills to the<br />

communities around them. They focus on the economic factors<br />

in their local municipalities as a priority.<br />

But campuses also have their own focus?<br />

Many different sectors of the economy are doing well and the<br />

campuses respond to that. Construction is booming in all areas<br />

Are students enthusiastic about the courses you are offering?<br />

Our programmes are gaining momentum. We review our programmes<br />

often and we have started distance learning but mainly we check<br />

what the industry wants. The more industries are looking for certain<br />

qualifications, the more the students are enthusiastic about those courses<br />

because they know they are going to get employment. We encourage<br />

our students to look at employability.<br />

How do you foster entrepreneurship?<br />

At Makwarela we prepare them to sustain themselves. The restaurant at<br />

Makwarela gives the students workplace experience because when we<br />

have visitors or conferences, the students get to plan, budget and cost<br />

for the events. At the end of the conference, the students do a review<br />

and submit reports.<br />

Our Centre for Entrepreneurship assists students to register a business.<br />

We support them with training, marketing and in getting funding where<br />

it is possible. I was told that a group of students who started a textile<br />

venture had split up, which worried me. But then somebody said, “The<br />

students split because they are doing well, everybody is going on his<br />

own.” That was great.<br />

Are partnerships working well for the college?<br />

We have about 120 partnerships that provide placing for students. But<br />

we are getting support from many elements in terms of government<br />

institutions, our municipalities and the IDC, for example. We are getting<br />

a lot of interest from banks approaching us and other stakeholders<br />

saying we want to implement this programme, can we approach your<br />

36 | www.opportunityonline.co.za


VHEMBE TVET COLLEGE<br />

college? We are also being exposed in the international space, for<br />

example our partnership with Hewlett-Packard.<br />

We are doing a lot of industry stakeholders’ engagement with the<br />

hope to get more partners. We no longer sit in the office; we go out<br />

there and ensure that we market our students that need employment<br />

and we ensure that they do a good job when they are there in such<br />

a way that the industry will keep on asking us to bring them more.<br />

Is placing people in terms of internships or actual jobs when<br />

they exit?<br />

The challenge is the magnitude of the size of our enrolment.<br />

Few can be placed but with the growing hotel, tourism and retail<br />

activity in the area, we can compete because of our incorporation<br />

of technology and new programmes.<br />

I had interns who were hotel interns one stage. I was later told<br />

they had been appointed as head chefs. The prison close to us<br />

appointed 21 of our internship students in managerial positions. It<br />

ends up being a good story to tell because we place the students<br />

for workplace learning but it brings results.<br />

So I can clearly say that we are placing students as interns, and we<br />

also have those that get absorbed in permanent positions.<br />

How are you making Vhembe TVET College more relevant?<br />

As Vhembe TVET College, we try to spice up our programmes.<br />

We are a college that is pursuing innovation and technology<br />

and there is a bit of Fourth Industrial Revolution in most of our<br />

elements. An agricultural student in our college knows how to<br />

use water-smart technology. We are also a college that likes to<br />

be innovative with the programmes we offer, for example, a lot<br />

of colleges are offering a normal Secretarial Programme, but our<br />

college is looking at introducing Legal Secretary and Medical<br />

Secretary. We are also an inclusive college. We have a lot of<br />

disability students, especially blind and deaf students. We have<br />

incorporated smart technology into what we do in order to make<br />

their learning experience easier.<br />

So it’s not just new programmes, but a new approach?<br />

The new programmes are about reprioritising what we have to meet<br />

the need of what is required outside. Waste-water management is a<br />

critical element now. In road construction we are bringing innovative<br />

ways of mixing concrete with plastic.<br />

We were delayed with renewable energy, but we are actually getting<br />

into that space and there are other skills that we have introduced<br />

such as cellphone repairs. We also want to return to upholstery and<br />

vehicle-body spray painting. Regular programmes will continue to<br />

be there like tourism but what the college is doing is to bring the<br />

4IR into a programme to say, “How can you be innovative while you<br />

are dealing with the following?” Hewlett-Packard has come in with<br />

an innovative way with communication on campus. You not only<br />

learn online but you learn how to market the business online, how to<br />

use social media, which is not in the syllabus but we just spice it up.<br />

Did you face obstacles in your career?<br />

There are various obstacles or challenges that I have faced in my<br />

career: competition with other candidates in my field; moving from<br />

Academics to Skills and venturing from understanding commerce<br />

to understanding Engineering skills; moving from one province to<br />

another; self-development for leadership purposes was challenging;<br />

growing up through the ranks at a young age required more maturity<br />

and it was not easy; being challenged as a woman and young leader<br />

tested my ability. Finally, uplifting the college from a particular level<br />

without senior positions being filled and I had to work with junior staff<br />

and still comply.<br />

Did you have mentors?<br />

The passion for education was there, the passion for skills grew but<br />

there were mentors. As you are working you look at women leaders<br />

that were in front of you, inspirational people like the principal of<br />

Ekurhuleni West College, Hellen Ntlatleng. The department also<br />

played a role because they challenged you to implement something<br />

quickly. I never said no to the challenge. With the support that we<br />

get from the college and the team we always made it. This element<br />

of growth I am promoting now with my subordinates, especially<br />

women.<br />

I am a person who always like to visit others who are doing the<br />

same, not in the terms of competing but I want to learn. I say let’s<br />

learn from the others who do the same as we are doing, but let’s also<br />

open space for others to learn from us. That’s why recently we have<br />

been receiving a lot of visitors at the college who say they want to<br />

benchmark. We also go out and benchmark and it has come with<br />

opportunities where we went to international colleges.<br />

What are your main goals?<br />

To provide skills to the community. I want the college to produce<br />

professionals skilled in a lot of areas who can be competitive globally.<br />

In whatever we do it has to have an impact on the community. We want<br />

to provide solutions to poverty by providing skills so that people can<br />

stand up and do it for themselves. That is the main aim.<br />

We want to do that by making the environment around our area<br />

realise the skills that can be learnt at the college, the role that can be<br />

played by the TVET College in the community in terms of societal issues,<br />

behavioural issues, economic factors and reducing unemployment.<br />

We are taking the skills out to the community. We want everybody<br />

to see from the junior school learner upwards the students who are<br />

doing bricklaying, tiling. When they do practicals we look at dilapidated<br />

schools and say let’s show off what the TVET College is made of. Our<br />

students go out there in their work suit, promoting skills and showing<br />

what they do. We are also bringing the students on board to say come<br />

and see what technology can do, come and see what skills can do.<br />

I am also focussing on students’ employability, the fostering of<br />

partnerships and making it an innovative college. The last major goal<br />

is staff development. The wellness of staff is also my focus. My staff<br />

must work smart and they must be well.<br />

www.opportunityonline.co.za | 37


EFFICIENT PRODUCTION<br />

Transitioning to improved water<br />

use and resource efficiency<br />

The NCPC-SA has published a guideline to assist the agri-processing sector to<br />

efficiently monitor its processes. The goals are increased efficiency and reduced costs.<br />

Monitoring can improve water efficiency.<br />

The Metering and Monitoring Guideline produced by<br />

the National Cleaner Production Centre of South Africa<br />

(NCPC-SA) is intended for the agri-processing sector to<br />

assist agricultural-processing companies to transition<br />

to better water- and resource-efficiency practices and<br />

help mitigate water-supply risks in the sector.<br />

The NCPC-SA’s Industrial Water Efficiency Project promotes<br />

the transformation of industrial-water-use practices in South<br />

Africa to reduce water consumption and to improve industrialwater-effluent<br />

quality.<br />

The business case is evident: South Africa’s population has<br />

grown but the resource and capacity requirements to sustain the<br />

growth have not kept up, resulting in supply constraints which<br />

inevitably impact on cost, availability and the risk of interrupted<br />

supply. The electrical energy cost escalations and interrupted<br />

supply is a point in case.<br />

The constraints on the capacity of supply and water-treatment<br />

infrastructure continue to increase and so similar cost dynamics<br />

are being realised with water and effluent municipal services.<br />

South African companies in the agri-processing sector range<br />

from companies whose only metering data are derived from<br />

monthly utility bills (often estimated by the local council) to<br />

those companies that have hundreds of metering points in<br />

the plant measuring at one-second intervals. In general, South<br />

African companies have limited sub-metering systems in place<br />

and most rely on intensity targets (kWh or litre-per-kg production)<br />

to determine performance. With few exceptions, companies<br />

that have world-class resource management systems have<br />

invested heavily in metering and measurement systems to drive<br />

efficiencies. These companies will typically target projects with<br />

a two-to-three-year payback period and utilise the data from<br />

the metering systems to motivate for additional budget and<br />

approval of CAPEX.<br />

The guideline authors explain, “We wrote this guide with a couple<br />

of people in mind. Firstly, the person who gets delegated the<br />

job of putting a metering programme in place might be the engineer.<br />

He is interested in costs and knows what is in the plant, but he knows<br />

nothing about management systems. The meters will therefore be put<br />

up and data will be collected but nothing will happen with the data.<br />

It is important to think about what you are going to use the data for,<br />

and how it will inform decision-making.<br />

“Therefore, the second person we wrote the guide for is the<br />

environmental manager or the person who is given that responsibility.<br />

Often, it's a shared role and that person knows nothing about equipment,<br />

knows nothing about contractors, knows nothing about maintenance.<br />

So we wanted to write a manual that appeals firstly to the person who<br />

understands management systems and it contains enough information<br />

for them to put a budget together and hand it down to a contractor<br />

and say, ‘This is where I want metering points and this is the type of<br />

metering I want’.”<br />

The guideline is structured from a management-system point of view<br />

and as such, has a circular way of looking at things. It also follows the<br />

structure of an energy-management system. It starts with identifying<br />

the need; developing a metering plan which also discusses setting<br />

objectives, determining key performance indicators, identifying<br />

measuring points and defining the approach; selecting the meter, data<br />

storage and usage; determining the budget; installation; and analysis<br />

and interpretation.<br />

The 64-page guide includes practical examples and case studies.<br />

It covers:<br />

• Metering planning, including how to set objectives and targets and<br />

how to align the measurement approach accordingly.<br />

• Metering technologies and strategies, reviewing the different types<br />

of meters and their applications in the areas of water, water and<br />

effluent discharge quality, steam and electrical.<br />

• Metering communications and storage, reviewing the common<br />

strategies for collecting data as well as ensuring that the database is<br />

properly compiled to allow for easy analyses.<br />

• Metering costs and financing options, providing enough information<br />

to compile a capital budget for the procurement of meters and<br />

an operational budget for continued data analyses.<br />

• Data analyses and usage, looking at common approaches to performance<br />

measurement and guidance on how to utilise statistical tools<br />

to better analyse patterns in data.<br />

The guideline had several contributors and partners, including the<br />

Department of Water and Sanitation, the Ministry of the Environment<br />

of Denmark, the NCPC-SA, the International Finance Corporation, the<br />

Swiss State Secretariat for Economic Affairs, the Water Research Council<br />

and GreenCape. Workshops were held where representatives from<br />

government and industry gave input.<br />

38 | www.opportunityonline.co.za


National Cleaner<br />

Production Centre<br />

South Africa<br />

A national industrial<br />

support programme that<br />

partners with industry to<br />

drive the transition towards<br />

a green economy and<br />

save money.


From waste to recycled<br />

WASTE MANAGEMENT<br />

Our 40 years of experience and industry knowledge enable us to develop<br />

and implement effective waste reduction measures tailored to your<br />

business’ needs.<br />

Helping South African businesses<br />

Helping you enter the circular economy, we are committed<br />

manage waste to responsible and effectively<br />

sustainable waste management<br />

TOMORROW’S RESOURCE<br />

EnviroServ is innovating to help companies achieve Net Zero through an integrated approach.<br />

FIND OUT MORE<br />

solutions. To learn more about how we achieve this,<br />

scan the QR code.<br />

TODAY’S WASTE IS<br />

C<br />

M<br />

South Africa’s largest waste-management company,<br />

EnviroServ, has operated since 1979. It is headquartered<br />

in Gauteng with depots around the country.<br />

A BBBEE Level 1 company, EnviroServ offers cost-effective<br />

solutions to complex hazardous and non-hazardous<br />

waste and chemical pollution problems, providing peace of<br />

mind around legal compliance, safe handling, transportation and<br />

treatment. Services include waste recycling and onsite management,<br />

minimising waste to landfill, technical waste management supply,<br />

contaminated land and legacy stockpile management, hazardous<br />

waste services, waste collection, treatment and disposal services<br />

and landfill management.<br />

EnviroServ was first to market with many waste-management<br />

solutions, some of which are still recognised as best practice. The<br />

increasing commitment of companies in all industries to achieve<br />

zero waste to landfill goals has created a greater need for alternative<br />

landfill solutions. However, implementing this can be challenging<br />

and costly without sacrificing environmental compliance.<br />

Integrated approach<br />

EnviroServ offers an integrated approach to onsite waste management<br />

with the goal of diverting waste from landfill and promoting a<br />

circular economy.<br />

The Onsite Waste Management standards developed by EnviroServ<br />

provide a comprehensive framework for businesses to effectively<br />

manage their waste at the source. This includes transforming the<br />

waste-area layout to promote sorting and separation of waste, setting<br />

up a structured and best-practice approach to waste organisation and<br />

layout, and installing signage and sorting equipment in compliance<br />

with ISO/SHEQ standards.<br />

EnviroServ provides fully-trained onsite waste handlers with<br />

personal protective equipment who are responsible for collecting,<br />

separating and sorting waste to extract recyclable materials. “This<br />

is a highly skilled process that requires expertise in identifying and<br />

segregating different types of recyclable materials such as paper,<br />

cardboard, metal and plastics. These materials are then micro-sorted<br />

into over 20 grades, including PET, HDPE and PVC, in various forms<br />

and colours, including rigid, film, bottle, flexible, clear, print and<br />

colour,” says Yolandi Kruger, EnviroServ National Commercial Manager,<br />

On-site. “The sorted recyclable grades are then sold directly to the<br />

end user, mill or plant, increasing the rebate and promoting circular<br />

economy practices.”<br />

After more than four decades in business, EnviroServ remains a<br />

pioneer because the drive to look for better ways of doing things is<br />

deeply embedded in the company culture.<br />

In addition, by being the first – and for long periods the only<br />

company – to tackle complex waste-management issues in South<br />

Africa, EnviroServ understands that sustainable waste management<br />

evolves with society’s needs, habits and awareness of health and<br />

environmental prosperity. The company has evolved to deal with new<br />

lifestyles and technologies which led to new and increased waste<br />

streams, as well as changes in legislation.<br />

As Kruger says, “We are dedicated to delivering innovative waste<br />

solutions that are environmentally responsible, effective and economically<br />

viable so that our customers can enhance sustainability and achieve<br />

environmental peace of mind.”<br />

Y<br />

CM<br />

MY<br />

CY<br />

CMY<br />

K<br />

40 | www.opportunityonline.co.za


27896<br />

From waste to recycled<br />

Our 40 years of experience and industry knowledge enable us to develop<br />

and implement effective waste reduction measures tailored to your<br />

business’ needs.<br />

Helping you enter the circular economy, we are committed<br />

to responsible and sustainable waste management<br />

solutions. To learn more about how we achieve this,<br />

scan the QR code.<br />

TODAY’S WASTE IS<br />

TOMORROW’S RESOURCE<br />

FIND OUT MORE


MINERALS<br />

Copper transformed the way<br />

the world works before.<br />

It’s about to do so again<br />

Duncan Money and Robrecht Declercq, two of the editors of a new book on the history of<br />

copper, discuss some of the issues that the book unearthed. The book is a global study of<br />

a metal that has transformed the world. Contributors cover North America, Latin America,<br />

Europe, Central Africa, the Middle East, East Asia and Oceania and stretch from the early 19th<br />

to the early 21st centuries. The book was funded by the Norwegian Research Council<br />

Why are these important questions? Because of the ubiquity of copper<br />

and the fact that the world’s collective rehab from fossil fuels may cause<br />

a renewed addiction to a new mineral-based economy. Electrification,<br />

the pillar of the green transition, requires huge amounts of copper.<br />

Projections expect a doubling of copper consumption by 2035 in order<br />

to reach zero-emission energy goals. Faced with the enormous task of<br />

electrification, the share of the global energy sector will increase to 40%<br />

of total copper consumption in the next two decades.<br />

They are also important questions because countries that have an<br />

abundance of copper have failed to benefit from it. Zambia is a case in<br />

point. It produces 6% of the world’s copper but is still one of the poorest<br />

countries in the world.<br />

Born with a Copper Spoon requires us to think differently about our<br />

material lives and energies we use, by looking at the places where our<br />

minerals are actually produced and the way in which the production and<br />

distribution of these minerals are organised.<br />

Will the next world of copper finally evolve as the long-anticipated<br />

resource blessing, or is a new global scramble, in which states and<br />

companies seek to secure access to the precious metal, going to<br />

determine otherwise? Copper became associated with the idea of a<br />

resource curse for many people. Zambia’s first President Kenneth Kaunda<br />

once remarked that his country is “paying the price for having been born<br />

with a copper spoon in our mouths”.<br />

He knew too well that the abundance of copper had caused Zambia<br />

a host of problems.<br />

Copper is all around us. The metal is both everpresent<br />

and invisible in our world. Copper<br />

makes reading the words on this screen<br />

possible. And the global spread of artificial<br />

light, electric power and telecommunications<br />

all required ever-increasing quantities of copper.<br />

Where does all of this copper come from? How was it<br />

produced, distributed, controlled and sold on an everincreasing<br />

scale? These are some of the questions addressed<br />

in a recently published book, Born with a Copper Spoon: A Global<br />

History of Copper.<br />

Worlds of copper<br />

Our book looks at different "worlds of copper" that have arisen over the<br />

last century and a half. The term "world of copper" was first coined by<br />

British historians Chris Evans and Olivia Saunders to describe a globally<br />

integrated production system that connected the smelters of South Wales<br />

to copper mines across the globe between 1830 and 1870.<br />

We see this as the first world of copper. This world was then<br />

supplanted by a second world of copper centred on the US. This<br />

involved the rise and dominance of American mining companies as<br />

huge integrated enterprises controlling the production, processing<br />

and distribution of the commodity. “From mine to consumer” was the<br />

slogan of the notorious American copper mining company Anaconda,<br />

active in Montana and Chile. Underpinning the American world of<br />

42 | www.opportunityonline.co.za


MINERALS<br />

Credit: Karim Ghantous on Unsplash<br />

Ore containing copper, cobalt and nickel.<br />

Credit: Paul-Alain Hunt on Unsplash<br />

copper was control over the production chain through the use of<br />

new business organisations and technologies.<br />

Technological changes in mining and processing that were quite<br />

literally ground-breaking allowed for ever-greater quantities of<br />

copper to be mined and processed. Open-pit extraction was first<br />

developed in North America and soon spread to Latin America and<br />

Central Africa, with often comprehensively destructive environmental<br />

consequences. Many of these pits are still being mined today.<br />

The American world of copper denotes both the power of<br />

American companies, as well as the model of controlling copper<br />

chains that is eagerly copied by non-American copper companies.<br />

This pattern becomes global: it is applied in Japan, the European<br />

empires that control the Copperbelt as well as in Latin America.<br />

In the mid-20th century, the American world of copper<br />

disintegrated during decolonisation in the face of resource<br />

nationalism and a shifting geography of production. A wave of<br />

nationalisations by new states brought about a postcolonial world<br />

of copper, built around state power, economic sovereignty and<br />

state-level international cooperation. Developing states saw copper<br />

as their ticket to economic development and modernity. The dream<br />

of the red metal was however short-lived.<br />

This postcolonial world of copper collapsed in the 1990s after<br />

a long slump in the industry. Multinational private companies<br />

reasserted themselves over the industry, but the US and European<br />

companies never regained their once dominant position.<br />

Each copper world was marked by several defining features:<br />

underlying institutions, organisations, labour practices and<br />

produced by global connections and interactions. Identifying and<br />

understanding consecutive worlds of copper is crucial to how we<br />

understand the development of the global copper industry.<br />

Our current energy transition could herald a new copper world.<br />

Renewed demand for copper will likely intensify mining activity in DR<br />

Congo, Zambia and other parts of the African continent and could<br />

place states in a stronger bargaining position.<br />

The need to think differently<br />

Copper’s status as a global industry has waxed and waned. The history<br />

of the metal is not a story of steadily increasing and deepening global<br />

connections as we move towards the present. It is also a history of<br />

disconnections and efforts to de-couple regions from the global economy.<br />

The book is a contribution to global history and the story of copper<br />

is necessarily a global one as extracting, refining, buying, shipping<br />

and consuming the metal takes place around the world. Global<br />

history is about more than connections, however.<br />

The book is also about periods of deglobalisation and attempts to<br />

sever connections, especially in the mid-20th century when a bitter<br />

contest over ownership of mineral resources briefly threatened<br />

a major realignment of the world economy. In 1967, several of the<br />

world’s largest copper producers (Congo, Chile, Peru and Zambia)<br />

met in Lusaka to establish a copper cartel that would control the<br />

industry and turn an abundance of natural resources into national<br />

economic growth.<br />

That’s an ambition that still needs to be fulfilled.<br />

ABOUT THE AUTHORS<br />

Duncan Money is a historian of Central and Southern Africa at Leiden<br />

University. Robrecht Declercq is a senior postdoctoral researcher at<br />

Ghent University and receives funding from Research Foundation<br />

Flanders. He is also guest professor at the Université Saint Louis<br />

(Brussels) where he teaches global economic history.<br />

ABOUT THE CONVERSATION<br />

The Conversation is funded by the National Research Foundation, eight universities, including the Cape Peninsula University of Technology, Rhodes University, Stellenbosch<br />

University and the universities of Cape Town, Johannesburg, Kwa-Zulu Natal, Pretoria and South Africa. It is hosted by the Universities of the Witwatersrand and Western Cape,<br />

the African Population and Health Research Centre and the Nigerian Academy of Science. The Bill & Melinda Gates Foundation is a Strategic Partner.<br />

www.opportunityonline.co.za | 43


MINING SERVICES<br />

Vezinhlanhla Mining<br />

Versatiltiy and innovation in mining.<br />

Vezinhlanhla is a 100% wholly black-owned mining<br />

contractor that combines industry-leading experience<br />

with the versatility and innovation required by mining<br />

to be sustainable for the long term.<br />

Established in 2017 as a mining contractor to service<br />

only the mining industry, Vezinhlanhla is an empowered turnkey<br />

contractor with capabilities across the underground and opencast<br />

contract-mining value chain.<br />

We provide extensive services for coal, gold, iron ore, manganese<br />

ore, chrome ore, nickel and platinum group metals (PGMs) producers,<br />

undertaking mining operations with continuous miners, roadheaders<br />

and drill and blast applications, enabling our clients to outsource<br />

according to their unique needs.<br />

Safety<br />

Vezinhlanhla’s commitment to safety, health, quality and<br />

environmental management standards means we work towards<br />

continuous improvements in risk management to better deliver<br />

project excellence.<br />

Black empowerment policy<br />

Vezinhlanhla is committed to broad-based black economic<br />

empowerment (BBBBE). It supports the government’s initiative of<br />

transformation and affirmative action policies and will continue to<br />

implement such projects where possible. Vezinhlanhla has initiated<br />

projects whereby material and equipment are sourced from black<br />

SMME companies, thus speeding up the process of empowering one<br />

of our own.<br />

Vezinhlanhla’s black-empowerment credentials ensure that our<br />

clients benefit fully in terms of the Mining Charter requirement and<br />

the contractual conditions of key minerals purchasers.<br />

Our commitment<br />

The empowerment of women, youth and disabled persons should<br />

be achieved in all aspects of works. Vezinhlanhla has more women on<br />

board to strengthen the capacity of the business.<br />

Youth will also be employed by the company in order to pass on<br />

skills to the next generation. As Vezinhlanhla grows, bursary schemes<br />

will be introduced for students to further their studies.<br />

Vezinhlanhla has developed a culture where there will be no<br />

discrimination against disabled persons, hence it will seek to find,<br />

train and employ disabled persons with potential and enthusiasm.<br />

Community development plan<br />

Vezinhlanhla's objective is to train its staff and community<br />

undergraduates from university and colleges, especially students in<br />

engineering, safety or mining. They will be given the opportunity to<br />

further their studies in their chosen field at Vezinhlanhla.<br />

44 | www.opportunityonline.co.za


VEZINHLANHLA<br />

MINING<br />

Reclaiming the resources<br />

Vezinhlanhla Mining strives to be a leading black-owned, diversified mining<br />

company in Africa while ensuring participation in the discovery, exploration<br />

and beneficiation of Africa’s mineral resources. It is also the mission of<br />

Vezinhlanhla Mining to develop and consolidate a diverse portfolio of highquality<br />

assets and services for the benefits of its stakeholders.<br />

• A 100% wholly black-owned mining contractor<br />

• Capabilities across the underground and opencast contract-mining<br />

value chain<br />

• Solely focussed on the mining industry<br />

• Promoting sustainable partnership and relations with our clients<br />

Misson<br />

To be a leading black-owned South African company that delivers value to<br />

all its stakeholders by:<br />

• understanding the needs of our stakeholders<br />

• delivering on and exceeding those needs<br />

• attracting and retaining the best talent<br />

• focussing on core assets – Pareto Principle<br />

• focusing on owning and operating our own assets<br />

• embracing diversity<br />

• ensuring sustainability, growth and good governance<br />

Services<br />

• Underground mining | Opencast mining<br />

• Project management | Facilities management<br />

• Plant maintenance | Conveyor maintenance<br />

• Crushing | Screening<br />

• Engineering | Drilling<br />

• Bulk material transportation | Hauling<br />

The future<br />

• Reinforce our position in the market as a reliable and competitive<br />

independent producer and supplier<br />

• Grow sales and customer base<br />

• Vezinhlanhla Mining intends to acquire coal, gold, iron ore, manganese<br />

ore, chrome ore, nickel and PGM assets to develop new projects<br />

• Power generation is a key area of opportunity – a synergistic venture that<br />

is now indelibly written into our corporate objectives<br />

Contact details<br />

+27(0) 17 110 0205<br />

+27(0) 68 061 0184<br />

info@vezinhlanhla.co.za<br />

vezinhlanhla.co.za<br />

Vezinhlanhla mining<br />

Vezinhlanhla mining


Getting to grips with<br />

Steinmüller Africa’s<br />

diverse offering<br />

Steinmüller Executive Director, Moso Bolofo.<br />

Steinmüller Africa, South Africa’s high-temperature and high-pressure steam generation and piping<br />

expert, has a history dating back to 1962 when its only South African location was a post box.<br />

Executive Director Moso Bolofo, who joined the company as Director of Engineering and Business<br />

Development, outlines some key factors in its rich 60-year history and business highlights.<br />

We are extremely proud of our cutting-edge<br />

technologies which position us well ahead of<br />

any current or potential competitors. These<br />

technologies include explosive welding and<br />

plugging, induction bending and automatic<br />

welding. The development of these technologies reinforces our<br />

vision, which is to consolidate Steinmüller Africa as the supplier<br />

of choice in the lifecycle management of steam generation<br />

and reticulation plants in Sub-Saharan Africa. It also speaks to<br />

our mission statement, which incorporates delivering value,<br />

innovative, safe execution and ethical customer-focused<br />

services by applying state-of-the-art methods in our business<br />

for the benefit of all stakeholders.<br />

Induction bending<br />

Induction bending is ideal when standard-size bends are not<br />

available and custom or large radius bends are required. It is the<br />

process of precision bending a straight pipe, which we achieve via<br />

our Cojafex PB 850 induction-bending machine, which is one of<br />

only two induction-bending machines on the African continent.<br />

To achieve the required bending the induction coil is heated to<br />

a specified temperature and then the arm of the machine moves<br />

at a predetermined radius, pushing the pipe through the coil. Our<br />

machine is capable of bending pipes between 48.3mm OD and 850mm<br />

OD with a wall thickness of up to 100mm and can create bends up to<br />

180 degrees.<br />

Induction bending can create continuous multiple complex bends<br />

which eliminates the need to weld bends together in order to achieve<br />

complex geometries. It also guarantees pipe-system integrity and<br />

reduced maintenance, making it well-suited to high-pressure/hightemperature<br />

steam piping and other industrial piping systems. In<br />

addition, if multiple bends are carried out at once, there is a reduction<br />

of costs during the erection and ongoing maintenance phases of a<br />

plant’s operation. Consequently, our induction-bending solutions<br />

deliver significant operational and cost benefits to the clients.<br />

Numerical analysis<br />

Our in-house numerical modelling and analysis capability and capacity<br />

by far surpasses any of our competitors in the South African industry<br />

to date. It is used to accurately analyse the fluid dynamic behaviour in<br />

almost any boiler system, heat exchanger or boiler auxiliary equipment.<br />

This service can be carried out in the utility, petrochemicals, paper and<br />

pulp, sugar and nuclear industries.<br />

Accurate geometry of every plant component, the plant’s operating<br />

philosophy, and some of the actual operating data are what is<br />

required to accurately build numerical models of any plant. We are<br />

70 | www.opportunityonline.co.za


proud of the fact that this does not apply only to those designed by<br />

Steinmüller but we have also been able to assist clients to solve plant<br />

problems in equipment designed by others. Once the numerical models<br />

are built, we investigate various scenarios to predict the operating<br />

7912 Steinmuller - Engineering News Boilers Feature - Advert 210x275mm - STEAM - REP.indd 1<br />

characteristics under varying conditions, which often fall outside of<br />

the original design envelope.<br />

Explosive welding<br />

Steinmüller Africa also offers explosive welding, which is a novel method<br />

of fusing materials together, including dissimilar materials. The energy<br />

discharge at the interface of the components being welded results in<br />

high quality and integrity of welds on high-pressure parts and pipelines.<br />

This technique has been used to fuse tubes to tube plates or<br />

headers in high-pressure heat exchangers and is performed when<br />

a tube is impelled against the tube plate material using the energy<br />

from an explosive discharge. Penetration of a typical front face weld<br />

is in the order of 1mm to 1.5mm, but with explosive welding weld<br />

lengths of 7mm to 10 mm can be achieved. This method of welding<br />

eliminates the need for ultrasonic inspection, as the bond is achieved<br />

with every weld.<br />

Comprehensive solutions<br />

For more than 60 years we’ve provided comprehensive solutions for<br />

steam-generating, processing and reticulation plants in numerous market<br />

segments. These markets are diverse and include power generation,<br />

chemical and petrochemical, mining and steel beneficiation, pulp and<br />

paper and nuclear industries.<br />

Over the years, we have had the privilege of carrying out our<br />

specialised offering for Eskom, Sasol, PetroSA, ArcelorMittal, Engen,<br />

SGR, Alstom, Foster Wheeler, Lesedi, Samancor, Tongaat Hulett, Sappi,<br />

Mitsubishi Hitachi Power Systems, Valmet and Linde. All of these<br />

companies have benefited from our comprehensive expertise in<br />

welding and environmental technology, manufacturing, maintenance,<br />

lifetime extension plans and project management.<br />

Career highlights<br />

During my career at Steinmüller, there have been a number of highlights,<br />

especially in our work with power stations. Once completed, we had the<br />

official opening of the Majuba power station by former president Thabo<br />

Mbeki, with the final unit put into operation in April 2001. This power<br />

plant can generate a nominal 4 110 megawatts, the equivalent to the<br />

total installed capacity of Morocco.<br />

We de-mothballed the Simunye stations, which incorporate the<br />

Camden, Komati and Grootvlei power stations, after more than 15<br />

years out of service. We also opened our 30 000m² Pretoria-based<br />

workshop and re-established complete boiler manufacturing capability<br />

as well as the high-temperature/pressure-piping capability in South<br />

Africa. One of my main highlights, I’m pleased to say, was our company<br />

CONTACT DETAILS<br />

Mpho Muvhango, Corporate Communications Specialist, Steinmüller Africa<br />

Tel: +27 11 806 3321 | Fax: +27 86 613 1965<br />

Email: mpho.muvhango@bilfinger.com | Website: www.steinmuller.bilfinger.com<br />

being awarded the four-year boiler and HP piping contract at<br />

eight Eskom power stations effective 1 January 2022. We are also<br />

very pleased that this contract will retain 600 jobs and create<br />

about 2 400 new jobs. As an OEM, we have also supplied boilers<br />

to power stations, exceeding 19 000 megawatts in combined<br />

size, for Eskom.<br />

The core values of our company are the care for our clients<br />

and employees, innovation in our operations for the benefit<br />

and growth of our employees and added value to our clients’<br />

operations, and accountability, which is at the heart of the values<br />

of our employees, which we feel is priceless.<br />

The future<br />

Looking ahead to the medium term, we are in the process<br />

of diversifying our client base and our service offerings. This<br />

entails exposing new clients to our existing products while<br />

growing our new product selection, such as heat exchangers<br />

for example, for new and existing clients. We also plan to target<br />

new industries, taking our offering to a broader market, which<br />

includes our focus on steam generation and reticulation, with<br />

an emphasis on complex, efficient high-temperature and highpressure<br />

steam systems.<br />

As new energy plant projects are limited, we have focused on<br />

maintenance projects and the life extension of existing plants in<br />

the sectors in which we operate. We do, however, expect new<br />

projects to come to the fore with the development of independent<br />

power producers, which will need to set up new plants. On<br />

this note, I am pleased to report that we have been involved in<br />

enquiries for the supply of concentrated solar power plants in<br />

the Northern Cape, and we consider any steam-using operation<br />

as a possible new customer. We are also keeping our eye on the<br />

mining sector, as new self-generation projects come about.<br />

Our short-term objectives are to exceed customer expectations<br />

in executing our four-year boiler contract in the power generation<br />

sector and aim to secure the next instalment of this massive<br />

contract. We also aim to have our Pretoria-based workshop reestablished<br />

as a centre of excellence for manufacturing pressure<br />

parts to serve a diverse client base, and we will continue to<br />

support clients in the chemical and petrochemical industries.<br />

We remain committed to continuing our mission of solving<br />

complex tasks for our clients, enabling them to focus entirely on<br />

their core competencies.


INFRASTRUCTURE<br />

Revived infrastructure spending<br />

will make for safer roads<br />

Government’s recent pledges to begin the procurement of services in extensive new build and<br />

upgrading of road infrastructure offers a glimmer of hope to businesses in the transport and<br />

construction industries. Justin Manson of Webfleet, Bridgestone’s Mobility company, hopes<br />

that by expanding and improving public facilities, the easing of congestion will slow their<br />

general degradation and make them safer for road users while feeding the economy.<br />

Investment in transport infrastructure along the east coast is intended to boost economic growth. The Msikaba Bridge is a part of the N2 Wild Coast Project.<br />

Credit: Dissing + Weitling<br />

Part of the reality of South Africa’s struggling<br />

electricity and water systems is that the facilities<br />

in place were not originally designed to serve<br />

as large a population as today relies on them.<br />

The roads bear an even greater burden due to<br />

the disrupted rail network provider currently working to<br />

rescue routes and refurbish equipment. This should make<br />

these revamped rail routes more relevant to modern mining,<br />

industrial and commercial operations that could benefit<br />

from its potential cost-effectiveness.<br />

Over the coming three years, according to the Finance<br />

Ministry’s annual budget published in February 2023, the<br />

government will be spending an estimated R903-billion on hard<br />

infrastructure. Most of this will be focused on strategic transport<br />

and logistics, and water and sanitation.<br />

Earlier in the same month, the South African National Roads<br />

Agency (Sanral) announced that it had awarded four longoverdue,<br />

major construction tenders for projects on the new<br />

N2 Wild Coast highway in the Eastern Cape and the N11 in<br />

KwaZulu-Natal. Politics aside, these should be welcomed,<br />

as these provinces have each suffered their own challenges<br />

related to their roads and traffic.<br />

Now, stepping into a new economic era driven by knowledge,<br />

creativity and design. Industrially manufactured and locallydesigned<br />

goods, from art works to high-tech equipment for a<br />

variety of sectors, will grow in scale as the South African resources<br />

sector undergoes its own transformation, with reserves remaining<br />

an unknown projection.<br />

A boost for the construction industry<br />

Sanral’s investment will create much-needed capacity in the country’s<br />

major coastal economies, boosting the construction industry while<br />

opening a key artery of trade. It forms part of a broader government<br />

programme mandated to uplift economic growth of KwaZulu-Natal<br />

and the Eastern Cape.<br />

The roads agency states: “The much shorter and quicker N2 route<br />

will dramatically reduce traffic carbon emissions, travel time and<br />

costs. The 1.5-hour to three-hour reduction in travel time for lightto-heavy<br />

vehicles using the current N2 and R61 routes between<br />

KZN and the Eastern Cape will result in a projected time cost-saving<br />

to the economy of R1.5-billion per annum. The new route will<br />

also open access to the unique but under-developed Pondoland<br />

region, boosting regional and local socio-economic development,<br />

particularly in tourism and agriculture.”<br />

48 | www.opportunityonline.co.za


INFRASTRUCTURE<br />

Keeping roads in good condition is vital for the welfare of truck fleets. Credit: Sanral<br />

The 410km N2 Wild Coast Highway, running between the N2<br />

Gonubie Interchange and the Mtamvuna River bridge, is a key step<br />

in government’s Strategic Infrastructure Projects SIP-3, South-Eastern<br />

Node and Corridor Development.<br />

While new roads are very much desired, refurbishment of existing<br />

infrastructure is also certainly needed, and will drastically improve<br />

the safety of passing motorists, something needs to be clarified<br />

along with the announcement of new projects.<br />

Webfleet Road Safety Report<br />

In the recently published maiden Webfleet Road Safety Report,<br />

which surveyed a large sample of fleet operators, it emerged that<br />

7% of accidents are caused by poor road conditions. If this could<br />

be reduced by 2-3%, it would save thousands of lives each year.<br />

Government, supported by the private sector and local<br />

communities, must also urgently repair the existing rail infrastructure.<br />

Abandoned stations, overgrown gantries and rusted tracks could all<br />

be brought back to life to further ease congestion and begin the<br />

drastic improvement in road surface quality across the nation.<br />

Fleet owners should be preparing for a massive evolution in<br />

South African logistics. They will have to contend with more<br />

customers upholding stricter contractual conditions, like large<br />

multinationals. Lack of insurance or vehicle telematics, for<br />

instance, will be a non-starter. Managers and those utilising their<br />

service will want to keep an eye on the live on-board diagnostics<br />

data, which will be relayed back to central command for directors<br />

and customer to see the entire operation in detail, making for<br />

quicker and better decisions on live route planning, vehicle health<br />

and driver well-being.<br />

The job now, during the construction of this new infrastructure<br />

is to collect as much data a possible throughout the development,<br />

ensuring that live traffic information is captured and fed back to road<br />

users as close to real-time as possible.<br />

Eventually, through technological refinement, devices fitted to<br />

monitor vehicle statistics will become so sensitive, they will pick up<br />

that a vehicle has gone through a pothole. If this can be mapped<br />

out, it could expedite local government’s maintenance schedule to<br />

further improve urban roads, the very heartbeat of the economy.<br />

About Webfleet<br />

Webfleet is Bridgestone’s globally trusted fleet management solution. Over 60 000 businesses across the world use it to improve fleet efficiency, support drivers, boost safety,<br />

stay complaint and work more stainably. For more than 20 years it has been empowering businesses with data-driven insights that help them optimise their operations.<br />

The Bridgestone E8 Commitment clearly defines the value Bridgestone is promising to deliver to society, customers and future generations in eight focus areas: Energy,<br />

Ecology, Efficiency, Extension, Economy, Emotion, Ease and Empowerment. These provide a compass to guide strategic priorities, decision making and actions throughout<br />

every area of the business. More information at: webfleet.com and www.bridgestone-emia.com<br />

www.opportunityonline.co.za | 49


VEHICLE INSURANCE<br />

Risk assessment has never<br />

been more important<br />

for vehicle operators<br />

Vuyisani Titi, CEO of Lynx Transport Underwriting Managers, underwritten by GENRIC Insurance<br />

Company Limited, unpacks the risk and insurance challenges facing heavy commercial vehicle<br />

operators in the current transport-operating environment.<br />

Premiums for heavy commercial vehicle have increased, but insurance remains<br />

a vital component for fleet managers. Credit: Sanral<br />

In volatile times, risk assessment becomes an even more<br />

important part of business decision-making than in<br />

normal times, both in terms of the vehicle assets and<br />

goods in transit.<br />

South African Special Risk Insurance Association (SASRIA)<br />

is a public enterprise listed under the Public Finance Management<br />

Act. It is a non-life insurance company that provides coverage<br />

for damage caused by special risks such as politically motivated<br />

malicious acts, riots, strikes, terrorism and public disorders. The<br />

impact of SASRIA increases has been big in recent times.<br />

The cost of insuring a heavy commercial vehicle (HCV) fleet<br />

faced a massive premium increase in SASRIA cover for loss or<br />

damage due to civil commotion, riots, strikes and terrorism.<br />

A terrible spate of looting and rioting in KwaZulu-Natal and<br />

Gauteng in 2021 and 2022 brought increases of over 1 700%<br />

as the special-risk insurer looks to rebuild capacity after losses<br />

totalling R32-billion, spread over 14 000 claims. The massive<br />

losses mean that policyholders will face very large increases on<br />

certain classes of business to ensure the sustainability of the insurer and<br />

its ability to pay claims on this crucial cover again in future.<br />

HCV operators have been hardest hit, with trucks exceeding 3 500kg<br />

attracting an increase of 1 736%. In material terms, that means that<br />

SASRIA cover for an HCV worth R2-million would increase from R375 per<br />

annum to R6 900 per annum in 2022. An HCV insured for R500 000 saw<br />

a premium hike from R94 to just over R1 720. Light commercial vehicles<br />

(less than 3 500kg) saw premiums increasing by 1 455%. Extrapolate this<br />

across a fleet of vehicles and the financial implications for HCV operators<br />

are onerous. Where SASRIA cover was previously a relatively insignificant<br />

driver of insurance costs for a fleet operator, it is now a major cost, and<br />

likely to be passed on to the consumer. However, when one considers<br />

the risks of the operating environment and the continued risks for violent<br />

protests, riots, looting and xenophobic tensions, the risks posed to the<br />

insurer and the insured are very real and present.<br />

While HCV operators may be tempted to forgo this crucial cover, it<br />

is strongly advised that fleet operators engage with their brokers to<br />

find ways to reduce their overall insurance costs with certain voluntary<br />

50 | www.opportunityonline.co.za


deductibles, co-insurance options and even self-insurance where<br />

it makes sense to do so, to keep their SASRIA cover in place. While<br />

insuring assets and goods in transit against riots, strikes, civil<br />

commotion and terrorism is going to cost a lot more going forward,<br />

its critical importance in a balanced risk management programme in<br />

the current transport operating environment is not debatable.<br />

Truck and cargo hijackings<br />

With high unemployment levels and a decline in visible and capable<br />

policing, trucks and cargoes on the roads are increasingly in the sights<br />

of criminal syndicates operating sophisticated hijacking operations.<br />

Crime statistics released by Police Minister Bheki Cele for the first<br />

quarter of 2021 showed that four courier vehicles were hijacked<br />

every day in South Africa, and that truck hijackings increased by<br />

24.6% compared with the same period in 2020. A total of 354 trucks<br />

and courier vans were targeted during this period for their high-value<br />

cargo which was typically food, appliances, mobile phones and other<br />

prized goods that are easily and quickly offloaded, transported away<br />

and sold for cash into the illicit market.<br />

In addition to cover for the vehicle asset, HCV operators need to<br />

ensure that they have adequate Goods In Transit (GIT) cover in place<br />

from the start of when goods are loaded at the depot until the time<br />

it is offloaded at the destination and responsibility is transferred to<br />

the receiving party. GIT would provide cover for:<br />

• accidental damage of goods if a truck should be involved in an<br />

accident<br />

• loadshifting where the load moves during transit causing<br />

damage to the goods<br />

• theft of goods where goods are stolen at approved and<br />

sanctioned truck stops<br />

• loss of cargo due to fire.<br />

Unqualified and unverified drivers<br />

A growing trend is the lack of rigorous verification of driver qualifications,<br />

licences and work permits where applicable on the part of the employer.<br />

This is often only picked up at the claims stage where the insurer would<br />

find that the driver does not in fact have a valid licence to operate the<br />

vehicle – leaving the truck owner in a serious financial predicament<br />

as any claim is likely to be declined if the vehicle was driven illegally.<br />

It is crucial that HCV operators invest time and resources to conduct<br />

thorough verification and background checks on every employee,<br />

especially considering that they are putting the driver behind the<br />

wheel of a multimillion-rand asset, not to mention the potential for<br />

hefty third-party liability in the event of an accident where there are<br />

injuries or worse. The costs saved by not doing proper verification<br />

pales in insignificance when consideration is given to the liability of<br />

putting an unlicensed and unqualified driver, or one with falsified<br />

work permits, behind the wheel of a HCV and valuable cargo.<br />

ABOUT LYNX<br />

Lynx Transport Underwriting Managers is an authorised financial services provider.<br />

It provides niche liability and insurance products tailormade for the goods‐intransit<br />

sector and operates from headquarters in Lynnwood. Lynx is underwritten<br />

by GENRIC Insurance Company Limited, an authorised financial services provider<br />

and licensed non-life insurer.<br />

Driver fatigue and loading<br />

negligence<br />

Around 40% of the accident<br />

claims received by Lynx are<br />

attributed to driver fatigue and<br />

negligence. With transport<br />

operators trying to make up<br />

for lost time and revenue<br />

as a result of the pandemic<br />

lockdowns and supply-chain<br />

bottlenecks, many HCV longhaul<br />

drivers are subjected to<br />

challenging conditions and<br />

pressure to meet deadlines<br />

despite weather, road and<br />

safety conditions.<br />

Therefore from a loading<br />

perspective, overloading,<br />

and even incorrect loading, is<br />

a dangerous risk. It inevitably<br />

means that the HCV will not<br />

operate as it should. It won’t<br />

stop or brake as expected<br />

and steering and controlling<br />

the vehicle on the road will Loading and unloading are times of high<br />

be precarious at best. It is risk. Credit: Ivan Bandura on Unsplash<br />

crucial that drivers and transport operators know how to load and<br />

offload cargo correctly, as well as the correct storage and handling<br />

conditions of such goods. It is also vital to understand when and how<br />

your Goods in Transit coverage applies once cargo is offloaded and<br />

ownership or possession is transferred to another party.<br />

Driver fatigue is another crucial issue. Legally a driver is only<br />

allowed to drive for a set number of hours before having to stop and<br />

rest. Best practice demands that there should be two drivers to every<br />

vehicle for long hauls, so that drivers are able to relieve each other at<br />

appropriate intervals.<br />

Skimping on risk management, mitigation and insurance<br />

The importance of having a comprehensive risk mitigation programme<br />

in place cannot be emphasised enough. All industries are dealing<br />

with the impact of economic slowdown and slow recovery from the<br />

pandemic, coupled with trade tensions and political upheaval which<br />

are exacerbating the traditional risks. In such an environment, the HCV<br />

and transport sectors are under tremendous pressure in terms of costs<br />

and achieving operational efficiencies, while also having to balance the<br />

risks faced in safeguarding people, high-value vehicles and high-risk<br />

cargoes through insurance solutions.<br />

It’s crucial to fully interrogate the value and nature of risk faced by<br />

an HCV operation, and in turn ensure that the company is adequately<br />

covered for assets, people, risk and cargo. The temptation to cut costs<br />

and skimp on insurance must be avoided at all costs and operators<br />

need to apply proper risk management and assessment protocols to<br />

reduce exposure in uncertain and challenging economic conditions.<br />

It is here where the skills and sector knowledge of an experienced<br />

HCV insurance underwriter and professional broker proves invaluable,<br />

ensuring that even in a worst-case scenario, your business can operate<br />

as normal, safeguarding the bottom line and reputation of the firm.


How to buy an existing business<br />

A guidebook has been published to help the prospective buyer.<br />

Credit: Antoni Shkraba/Pexels<br />

Buying a business can be challenging. Many aspects must<br />

be analysed and understood to gain a holistic picture of the<br />

business and its inner workings. While the process will likely be<br />

more accessible and quicker than starting your own business,<br />

you need to be aware of any pitfalls that might be occurring in<br />

the company.<br />

This comprehensive guidebook outlines what you need to<br />

look for, consider, analyse and question before purchasing a<br />

business. Then we highlight the best way to go about buying<br />

the business.<br />

Included in this guidebook are:<br />

• An introduction and description<br />

• Why buy an existing business? Detailing the pros and cons<br />

• Buying a business versus buying a franchise<br />

• Selecting the right business for you<br />

• What to evaluate when buying a business<br />

• How to be in a strong negotiating position when buying a business<br />

• Pitfalls to avoid when buying a business<br />

• Drafting the sales agreement<br />

• Avoiding the common mistakes when buying the business<br />

• How to get it right<br />

With this information, you will be able to avoid the pitfalls and<br />

mistakes that are made when purchasing a business and will be<br />

able to put yourself in the best possible negotiating position to<br />

ensure you get the best deal possible. It may be tricky, but you<br />

will be sure to start on the right foot with this guidebook.<br />

Contact details:<br />

Address: Hillcrest Office Park, 2 Old Main Road, Hillcrest 3610, Dagmar Breiling<br />

Email: dagmar@fundingconnection.co.za><br />

Phone: +27 (0)31 761 8677 | Cell: 061 542 4037 | Fax: +27 (0)86 498 1614


PROFILE<br />

Business Unity South Africa (BUSA)<br />

BUSA CEO Cas Coovadia.<br />

Established: 2003<br />

Headquarters: Sandton Johannesburg<br />

INTRODUCTION<br />

• Apex body, formed in 2003, leveraging on the role that organised<br />

business played in a peaceful transition to democracy.<br />

• Represents business with Government and Labour and in<br />

NEDLAC.<br />

• Work closely with the CEO Initiative, the ERP Process, the NBI and<br />

the BBC.<br />

• BUSA represents South Africa on the SADC Private Sector Forum,<br />

Business Africa, ILO and globally on the G20, and International<br />

Organisation of Employers and with Business Organisation<br />

counterparts across the globe and a member of Business at OECD<br />

(BIAC). Enabling business cooperation within the rest of Africa,<br />

South-South, BRICS and internationally.<br />

VISION<br />

The unified voice of business which serves to keep business<br />

interests at the heart of economic and socio-economic policy.<br />

MISSION AND PURPOSE<br />

BUSA aims to ensure that organised business plays a constructive<br />

role in ensuring an economic and socio-economic environment<br />

conducive to inclusive economic growth, development and<br />

economic transformation. Such an environment is critical for<br />

businesses of all sizes and in all sectors to thrive, expand and be<br />

competitive both domestically and internationally.<br />

KEY OBJECTIVES<br />

1. Policy Advocacy: BUSA actively engages with policymakers and<br />

government institutions to influence legislation and policies that<br />

affect businesses’ ability to thrive. By advocating for favourable<br />

economic conditions and regulatory frameworks, BUSA aims to<br />

create an environment conducive to investment and growth.<br />

2. Collaboration and Coordination: The organisation fosters collaboration<br />

among various business associations and chambers to present a<br />

cohesive and unified position on critical economic and social issues. This<br />

approach ensures that the business community speaks with one strong<br />

voice, enhancing its impact on national and international platforms.<br />

3. Economic Transformation: BUSA is committed to promoting inclusive<br />

economic growth and transformation. The organisation actively<br />

supports initiatives that drive job creation, skills development and<br />

empowerment, particularly in previously disadvantaged communities.<br />

4. Global Engagement: Recognising the importance of international trade<br />

and investment, BUSA facilitates partnerships and alliances with global<br />

business entities, advocating for fair trade practices and opening doors<br />

for South African businesses to access international markets.<br />

MEMBERSHIP CATEGORIES<br />

• Unisectoral: Representing Sectors of the Economy<br />

• Chambers: Representing Chambers of Commerce and Industry<br />

• Professionals: Representing Professional Bodies<br />

• Corporates: Representatives of Corporates Board of Trustees<br />

BUSA POLICY COMMITTEES<br />

• Economic Policy<br />

• Energy and environment Polity<br />

• Social Policy<br />

• Health Policy<br />

LEADERSHIP<br />

BUSA is governed by a board of experienced business leaders who<br />

bring a wealth of expertise and insights from different industries. The<br />

organisation’s leadership team, along with its CEO, plays a pivotal role<br />

in defining and executing its strategic vision.<br />

ENGAGEMENT WITH STAKEHOLDERS<br />

BUSA maintains an open and transparent relationship with government<br />

bodies, labour unions, civil society organisations and other stakeholders.<br />

Through dialogue and collaboration, the organisation seeks to find<br />

common ground and drive shared solutions for the betterment of the<br />

country’s economic and social landscape.<br />

CONCLUSION<br />

Business Unity South Africa (BUSA) stands as a beacon of unity and<br />

progress in the South African business landscape. By championing the<br />

interests of its diverse membership and advocating for sustainable and<br />

inclusive growth, BUSA continues to play a significant role in shaping<br />

the future of South Africa's business community.<br />

CONTACT DETAILS<br />

Tel: +27 11 784 8000<br />

Email: busa@busa.org.za |mediadesk@busa.org.za<br />

Website: www.busa.org.za


DIGITAL FREIGHT<br />

Digital exchange platform will<br />

make freight rail more efficient<br />

Empty Trips Managing Executive Andrew Crafford explains how<br />

rail capacity can be better used through a digital open exchange<br />

platform. It’s working for road transport already, he says.<br />

A<br />

substantial percentage of all rail wagons in South<br />

Africa are empty when moving between destinations.<br />

In the SADC region, only a small percentage of<br />

rail capacity is being fully utilised. That is a huge<br />

amount of wasted and expensive space.<br />

Empty Trips, a South African logistics innovator, plans to<br />

change this. It has a digital open exchange platform that is<br />

already addressing some of the biggest inefficiencies in road<br />

haulage – trucks returning empty from deliveries or standing<br />

idle waiting for backhauls. Empty Trips has now gone multimodal<br />

with the inclusion of marketing empty rail wagons on<br />

the platform.<br />

“Our aim is to do for rail what we are doing for road – making<br />

haulage simpler, more efficient, more visible and sustainable<br />

by filling empty spaces, in this case rail wagons,” says Andrew<br />

Crafford, Empty Trips Managing Executive. “We are a fully digital<br />

end-to-end logistics marketplace using algorithms to match<br />

shippers’ freight with the carrier’s capacity and allowing shippers<br />

to manage their contracts seamlessly and transparently.<br />

“Our enhanced Empty Trips digital-freight exchange now<br />

includes the service where rail carriers can publish empty rail<br />

wagons on the platform which then provides the visibility for<br />

rail shippers to book space on the rail wagons,” adds Crafford.<br />

Rail in the SADC region is increasingly embracing deregulation,<br />

creating open access where private rail operating companies can buy<br />

slots on chosen routes of rail infrastructure owned by third parties.<br />

Even if only 10% of empty wagon space is filled, it means 10% more<br />

profit, as the fixed cost of moving a full train compared to one with<br />

empty wagons is the same.<br />

Rail offers multiple benefits. With advances in wagon technology,<br />

wagon designs are light-weight skeletals, enabling the transport of<br />

heavier containers. They can also transport three containers instead of<br />

two, offering significant payload benefits. Train freight is also cleared<br />

pre-departure and the dangers and inefficiencies of border-post<br />

congestion are minimised.<br />

A train uses nine times less energy per ton kilometre than a truck<br />

and is four times more fuel efficient. This results in 60-75% less<br />

emissions in greenhouse gasses. The potential efficiency of rail makes<br />

it environmentally friendly and capable of a significant contribution to<br />

the mitigation of carbon emissions. In addition, with rail, the number<br />

of trucks on roads is reduced contributing to decongestion and fewer<br />

road accidents. This is in keeping with Empty Trips’ philosophy and<br />

aim for a more sustainable future.<br />

Empty Trips will initially target the Harare to Maputo and Ndola/<br />

Lusaka to Durban routes, primarily for<br />

export cargo. More SADC countries,<br />

more rail corridors and more kinds<br />

of cargo are expected to move from<br />

road to rail.<br />

It is expected that changes in<br />

South African legislation will make<br />

it possible for Empty Trips to offer<br />

the marketing of wagon space for<br />

inland routes next year, in the same<br />

way it is now ready to do for crossborder<br />

rail freight.<br />

“Rail will play a significant role<br />

in the logistics industry with the<br />

integration of digital solutions. As<br />

the logistics industry evolves, our<br />

platform offering will make this<br />

a beneficial and faster reality. We<br />

are pleased to be playing a role,” Andrew Crafford, Managing Executive,<br />

concludes Crafford.<br />

Empty Trips<br />

54 | www.opportunityonline.co.za<br />

PHOTO: CINDY SHEBLEY ON PEXELS


INTEGRATED TELECOMS<br />

The next rung on the ladder<br />

of digital transformation<br />

Rob Lith, the CCO of Telviva, explains how Microsoft Direct Routing allows businesses<br />

to integrate PBX functionality into their Microsoft Teams environment.<br />

Digital transformation is not an event or milestone,<br />

rather it is the ongoing streamlining and<br />

simplification of business processes to support<br />

better efficiency, more productive teams,<br />

better customer experience and service and<br />

much more. And so, it would come as no surprise that even<br />

environments that were considered by many to be the beacon<br />

of digital transformation are now themselves in need of<br />

further enhancements and improvements.<br />

Before we look ahead, let’s take a moment to look in the<br />

rearview mirror for a moment. While collaborative suites<br />

such as Google Workspace and Microsoft Teams were already<br />

leading the charge pre-pandemic, it was the pandemic itself<br />

that tilted the balance of widespread adoption of cloud-based<br />

collaboration suites.<br />

Microsoft Teams, which is popular in the business world,<br />

combines persistent workplace chat, video meetings, file storage<br />

and application integration. However, we must realise that we<br />

still live in a world where voice is crucial.<br />

In other words, what is the point of having a self-sustaining<br />

collaborative ecosystem, but then forcing team members to<br />

drop off and use another means of communication altogether<br />

to handle their voice functions, either internally or externally?<br />

If the phone rings, the user needs to answer it.<br />

Companies such as Telviva integrate voice and other<br />

collaboration tools, but what about businesses using Teams?<br />

This led to the development of Microsoft Phone System, which<br />

allows businesses to replace their existing on-premise PBX system<br />

with a set of features delivered from MS 365, all the while tightly<br />

integrated into the business’s cloud experience. However, the<br />

Microsoft Calling Plan is not supported in all countries, and<br />

South Africa is one such country where it is not available.<br />

To navigate this, Direct Routing is used to achieve the same<br />

goal – it allows a business to connect a supported customer<br />

or service provider’s session border controller (SBC) to the<br />

Microsoft Phone System. This means an organisation can connect to a<br />

local voice carrier to leverage existing voice contracted rates or it can<br />

contract a new service with competitive rates. Each phone system<br />

user gets a number for inbound calls and a calling-line identity for<br />

outbound calls.<br />

Cloud-based unified communication and collaboration (UC&C)<br />

companies such as Telviva understand the importance of voice, and<br />

how a true omni experience brings different platforms and tools<br />

together to streamline businesses, which led to being able to provide<br />

a Microsoft-certified AudioCodes multi-tenant SBC for a customer’s<br />

Microsoft Phone System and Direct Routing to connect to a public<br />

switched telephone network, hosted in the cloud with redundancy.<br />

Now, if the digital transformation jargon is becoming too much,<br />

it means this: Direct Routing enables you to integrate phone-PBX<br />

functionality into Microsoft Teams. Within the same interface and<br />

environment, calls can be answered, made, put on hold and transferred,<br />

between Teams users and between Teams users and non-Teams users.<br />

It is key, when an organisation investigates Direct Routing,<br />

to seek out a provider that not<br />

only has the capability, but also<br />

a solid track record in UC&C<br />

broadly, and Microsoft Direct<br />

Routing specifically. Then, working<br />

with a good Microsoft partner<br />

to integrate the service is vital<br />

to unlocking the full benefit of<br />

the exercise. A company such as<br />

Telviva works extensively with<br />

Microsoft partners and so can<br />

either refer a partner or work<br />

closely with a new partner on<br />

integrations. Ultimately, Direct<br />

Routing provides businesses with<br />

a leg-up in the next phase of their<br />

digital transformation journeys. Ron Lith, CCO, Telviva<br />

About Telviva<br />

Telviva, formerly Connection Telecom, is a market leader in cloud-based communications for business. Seamlessly integrating voice, video and chat in one intelligent platform,<br />

Telviva enables you to have better quality conversations with customers, suppliers and staff. Our portfolio of brands, namely Connection Telecom, Telviva and Fat Budgie have<br />

now been consolidated under the Telviva banner to better align our product understanding and messaging, enabling our customers to maximise the benefits of consolidating<br />

all their general business communications into a single cloud application.<br />

For more information: www.telviva.co.za<br />

www.opportunityonline.co.za | 55


TECHNOLOGY<br />

Photographer:<br />

Please advise on technology solutions for<br />

seamless remote working and discuss the latest<br />

trends remote technology.<br />

Foursight is preparing for a radical<br />

The world as we know it has changed, and so have<br />

businesses worldwide. Users a round the globe are<br />

working remotely and using their mobile phones<br />

change in expectations and laptops to access corporate applications. when How do you it define success?<br />

Securing the new 'work from anywhere' hybrid<br />

environment is a leading priority and for a good<br />

comes<br />

_________ reason – organisations’ attack surfaces have never<br />

to digital technologies<br />

JOHANNAH MASILO PHENYA<br />

Position: Managing Director<br />

possible. Foursight uses solutions that protect<br />

devices and Internet connections from the most<br />

sophisticated attacks while ensuring zero-trust<br />

access to corporate applications.<br />

been wider. According to our recent survey, 71% of<br />

security professionals reported an increase in<br />

security threats and attacks since the start of the<br />

coronavirus outbreaks. This new way of working<br />

The founder of Foursight IT Business Solutions, Johannah<br />

and to be able<br />

Masilo<br />

to deliver best<br />

Phenya,<br />

solutions to<br />

led us to a new way of innovating and collaborating government departments.<br />

explains how data has become<br />

with leading technology<br />

a source<br />

security<br />

of<br />

manufactures<br />

wealth<br />

such<br />

and public value.<br />

as Checkpoint, IP Granite, Sophos and Fortinet.<br />

A main concern for companies, in terms of remote<br />

working, is security. What advice do you have for<br />

business owners?<br />

Watching how cyber-attacks have evolved in recent<br />

years, companies need solutions that will assist<br />

them to administer such threats. Our solution is<br />

PROFILE: JOHANNAH PHENYA<br />

Professional best achievement?<br />

To be the only woman-owned company in the<br />

consortium for rolling out fibre in Limpopo.<br />

What was the most powerful lesson on your<br />

path to success?<br />

Be your best, setting boundaries and focusing<br />

on one pitch at a time.<br />

To be able to do my best, I attain success<br />

once I achieve my goals. Success means<br />

achieving a challenging goal.<br />

What has been your most defining<br />

opportunity?<br />

Being a female in the IT security industry<br />

Biggest influence in career?<br />

My family.<br />

Do you agree with the statement that a government’s intervention<br />

in the digital space must be proportional to their technological<br />

capability?<br />

Yes. Data has become a source of wealth and public value, the lifeline<br />

of the digital society. Today, fast-moving and evolving trends in digital<br />

technologies are leading to a radical change in the citizen expectation.<br />

Please share with us why collaboration across the value chain is<br />

the critical catalyst for improved service delivery.<br />

Technology is wide and vast. The IT space is not static and is forever<br />

evolving. It is important to be abreast of the latest trends as it affects<br />

how we live, work and play. New systems, platforms and applications<br />

are developed almost daily. These changes influence business in terms<br />

of how it should conduct its work and interface with its clientele. To be<br />

abreast of technology and to deliver cutting-edge solutions, requires<br />

good and strong sector partnerships.<br />

What can Foursight IT Business Solutions do for government?<br />

Government is tasked with implementing policies and programmes<br />

that are geared towards creating a better life for all. This statement<br />

is a major driving force towards the creation and existence of<br />

Foursight IT Business Solutions. Foursight has the best breed of<br />

technological infrastructure and cutting-edge business systems,<br />

which supports government's delivery endeavours, and it has<br />

grown over time.<br />

Foursight IT Business Solutions, a woman-owned<br />

empowered company, is built on a set of beliefs and<br />

strong vision, derived from the creation of value net.<br />

It is based on interdependencies between Foursight,<br />

as a business entity, as well as manufacturers and<br />

government as a consumer of goods and services, and ultimately,<br />

the broader communities as overall beneficiaries.<br />

Please discuss the effect of the POPI Act regarding remote working.<br />

Many companies endeavour to comply with the POPI Act; however,<br />

in the remote working environment, employees are responsible for<br />

ensuring that they do not violate any of the provisions stipulated<br />

in the current company policies that set expected behaviour for<br />

information protection and security. Employees are responsible for<br />

the safe and secure handling of all hard-copy records and information<br />

taken off-site, including but not limited to electronic files.<br />

56 | www.opportunityonline.co.za


TECHNOLOGY<br />

How should laptops, computers and wireless technology be<br />

protected in a remote working scenario?<br />

Foursight has a vast range of IT security solutions for mobile and<br />

desktop solutions, enforcing encryption and the use of secure<br />

enclaves, if possible. Foursight uses solutions that protect devices<br />

and Internet connections from the most sophisticated attacks while<br />

ensuring zero-trust access to corporate applications.<br />

Please advise on technology solutions for seamless remote<br />

working and discuss the latest trends in remote technology.<br />

The world as we know it has changed, and so have businesses<br />

worldwide. Users around the globe are working remotely and using<br />

their mobile phones and laptops to access corporate applications.<br />

Securing the new "work from anywhere" hybrid environment is a<br />

leading priority and for good reason – organisations’ attack surfaces<br />

have never been wider. According to our recent survey, 71% of<br />

security professionals reported an increase in security threats and<br />

attacks since the start of the coronavirus outbreaks. This new way of<br />

working led us to a new way of innovating and collaborating with<br />

leading technology security manufactures such as Checkpoint, IP<br />

Granite, Sophos and Fortinet.<br />

model that provides enterprises the complete threat prevention<br />

they need against Gen V attacks. Infinity Total Protection is the<br />

only offering available today that includes both network security<br />

hardware and software, with fully integrated endpoint, cloud and<br />

mobile protections and zero-day threat prevention, together with<br />

unified management and 24/7 support.<br />

What are the next opportunities and challenges for<br />

Foursight IT?<br />

The biggest challenge is that IT is still one of the most maledominated<br />

industries; however, women are pushing the barriers and<br />

occupying the space now, in terms of economic development and<br />

emancipation. Opportunities should not be based mainly on gender,<br />

but the playing field should be levelled so that everyone with<br />

potential can be given an opportunity to engage and contribute to<br />

the economy and development of the country.<br />

www.foursightit.co.za<br />

A main concern for companies, in terms of remote working, is<br />

security. What advice do you have for business owners?<br />

Watching how cyber-attacks have evolved in recent years,<br />

companies need solutions that will assist them to administer<br />

such threats. Our solution is a revolutionary security consumption<br />

PROFILE: JOHANNAH PHENYA<br />

Johannah Masilo Phenya started her career as an office administrator at HR<br />

Collaborate after graduating. She moved to Pinnacle Africa as IT sales executive<br />

in 2003. She started Foursight IT Business Solutions in 2006.<br />

Professional best achievement?<br />

To be the only woman-owned company in the consortium for rolling out fibre<br />

in Limpopo.<br />

What was the most powerful lesson on your path to success?<br />

Be your best, setting boundaries and focusing on one pitch at a time.<br />

How do you define success?<br />

To be able to do my best, I attain success once I achieve my goals. Success means<br />

achieving a challenging goal.<br />

What has been your most defining opportunity?<br />

Being a female in the IT security industry and to be able to deliver best solutions<br />

to government departments.<br />

Biggest influence in career?<br />

My family.<br />

Johannah Masilo Phenya, Managing Director of Foursight IT Business Solutions


FILM<br />

Creative industries are<br />

growing the economy<br />

In 2021, UNESCO published The African Film Industry: Trends, Challenges and Opportunities for<br />

Growth. This document contains a detailed report on the South African film sector. Extracted<br />

here are sections on the institutional framework and the economic impact of the sector.<br />

MAIN REPRESENTATIVE AND REGULATORY INSTITUTIONS<br />

The National Film and Video Foundation (NFVF), an agency of the<br />

Department of Sport, Arts and Culture, is mandated by the NFVF Act<br />

to develop, promote and transform the sector, through the provision<br />

of grants and bursaries, training programmes and promoting the<br />

industry at home and abroad.<br />

Their work is supplemented by provincial Film Commissions<br />

(which report to regional Economic Development Departments);<br />

the KwaZulu-Natal Film Commission, the Gauteng Film Commission,<br />

the Eastern Cape Development Corporation and Wesgro in the<br />

Western Cape, who also offer grants and training for regional<br />

producers and productions (Wesgro, however, does not provide<br />

grants). They, in turn, are supported by City Film Offices, for<br />

example, the Durban and Cape Town Film Offices which provide<br />

logistical support to productions filmed in their jurisdictions.<br />

In an attempt to improve coordination and collaboration between<br />

all the departments noted above, the South African AV Forum, an<br />

inter-governmental body, has been established.<br />

The industry has various industry bodies, the largest of which is<br />

the Independent Producers Organization (IPO) which represents<br />

over 70% of the country’s producers. It identifies and shares<br />

new developments and international industry best practices.<br />

The Independent Black Filmmakers Collective (IBFC) represents<br />

a broad spectrum of people active in the industry, with the<br />

aim of enhancing the industry’s transformation and economic<br />

development. Sisters Working in Film & TV (SWIFT) addresses the<br />

specific needs of women working the sector, Animation South<br />

Africa (ASA) is a guild representing and promoting the interests of<br />

the country’s growing animation sector, while the Documentary<br />

Filmmakers Association (DFA) represents people throughout the<br />

documentary value chain. The country also has a guild for actors<br />

(SAGA), for editors (SAGE), for writers (WGSA) and for agents and<br />

talent managers, the PMA. All the above organisations are members<br />

of the South African Screen Federation (SASFED) which advances<br />

the cause of the entire sector.<br />

Other smaller organisations represent regional or demographicspecific<br />

interests in the sector. The National Association of<br />

Broadcasters represents the interests of the country’s public and<br />

private broadcasters.<br />

Regulation of the sector is undertaken by two organisations.<br />

The Independent Broadcast Authority of South Africa (ICASA)<br />

regulates both the telecommunications and broadcasting sectors.<br />

It functions under the Department of Communications and Digital<br />

Technologies (DCDT).<br />

The Film and Publications Board (FPB), also reporting to the DCDT,<br />

is responsible for classification of content. The oversight function<br />

of these bodies and the broadcasters falls to the Parliamentary<br />

Portfolio Committee on Communications.<br />

Production<br />

South Africa’s cultural creative industries have seen a rise in activity and<br />

economic contribution in recent years. The direct impact (also called<br />

Value Added) of the CCIs in 2018 was $5.51-billion, accounting for 1.7%<br />

of GDP (compared to 1.5% in 2016). Taking the Direct Effect, Indirect<br />

58 | www.opportunityonline.co.za


FILM<br />

Effect, and Induced Effect into account, the CCIs’ total effect on the<br />

economy was $18.01-billion, or 5.6% of the country’s GDP.<br />

This GDP contribution has grown at an average of 2.4% per<br />

annum, which is significant compared to the economy as a whole,<br />

which was only 1.10% pa over the same period. Notably, the local<br />

Audiovisual and Interactive Media sector, which has seen significant<br />

increase in local appeal and international recognition in recent<br />

years and which is the main driver of advertising revenues for<br />

broadcasters, enjoyed one of the highest growth rates within the<br />

CCIs, at 5.2%. South Africa generates some $600-750-million in<br />

production value annually, of which some $220-million is Foreign<br />

Direct Investment, mostly coming from foreign film production<br />

which delivers a multiplier of five for the dtic’s investment.<br />

The industry’s overall economic multiplier is 2.8, higher than<br />

tourism at 2.3, and the employment multiplier is 4.1. The sector<br />

creates around 60 000 full-time equivalent and freelance jobs,<br />

with indirect jobs created throughout the value chain including<br />

suppliers and service providers estimated to be well over 100 000.<br />

Copyright and Performers’ Amendment Bills<br />

The ACA and CPA have submitted joint feedback to<br />

parliament on the Copyright and Performers’ Amendment<br />

Bills, legislation that has stirred intense controversy. On the<br />

website Act Now, Netflix’s critical line-by-line interrogation of<br />

the bills runs to 20 Powerpoint slides. MultiChoice, M-Net and<br />

DALRO were among many organisations to weighed in with<br />

hefty submissions. The press release that accompanied the<br />

ACA and CPA submissions is reproduced here.<br />

Credit: CPA<br />

intellectual property and the need to foster creativity and innovation<br />

in these industries.<br />

The ACA and CPA have raised key concerns on behalf of industry<br />

stakeholders in South Africa’s advertising and television commercial<br />

production industries. The submission was made during oral<br />

representation to the committee on Tuesday, 21 February 2023<br />

by Leo Manne, ACA Board Member and MD of Network BBDO,<br />

and Bobby Amm, CEO of the Commercial Producers Association.<br />

Karabo Songo, ACA chair, says the Amendment Bills have farreaching<br />

consequences for the advertising industry: “The proposed<br />

changes could impact greatly on our ability to create and innovate.<br />

We welcome the opportunity to engage with Government on<br />

these issues and we hope that our submission will contribute to a<br />

constructive dialogue on the way forward.”<br />

According to the ACA and CPA, the advertising industry is in<br />

favour of self-regulation, and the two organisations have agreed<br />

on best practices and guidelines on performer remuneration and<br />

standardised commercial production contracts. These practices<br />

ensure that performers are engaged on fair and equitable terms.<br />

Key advertising industry concerns on the bills<br />

While the industry supports updating South Africa’s Copyright and<br />

Performers’ Protection Acts, the joint submission raised several key<br />

concerns with the Amendment Bills, including the following:<br />

• The absence of a meaningful economic impact assessment for<br />

proposed legislative changes in the Copyright Amendment Bill.<br />

• The bill seeks to introduce new statutory royalty entitlements,<br />

creating uncertainty around who would pay and how these royalty<br />

rates would be determined.<br />

• The introduction of royalties will also create an additional<br />

administrative burden for agencies.<br />

• The bill also seeks to criminalise the non-reporting of all commercial<br />

uses of audiovisual works, including TV commercials, which would<br />

be practically unfeasible and add additional administrative burdens.<br />

• Advertising agencies’ bespoke requirements and production<br />

environment may not have been considered during prior public<br />

consultation rounds.<br />

The Association for Communication and Advertising (ACA) and<br />

the Commercial Producers Association (CPA) have made a joint<br />

submission to the Parliamentary Select Committee on Trade and<br />

Industry, Economic Development, Small Business Development,<br />

Tourism, Employment and Labour on the key concerns for<br />

stakeholders in South Africa’s advertising and television commercial<br />

production industries. The representation was made in relation<br />

to the proposed Copyright Amendment Bill and the Performers’<br />

Protection Amendment Bill.<br />

The submission was made on behalf of over 200 member<br />

companies and businesses from across the advertising and<br />

television commercial production sectors. The ACA and CPA have<br />

called for a balance to be struck between the need to protect<br />

Credit: Rodger Bosch/Brand SA


FILM<br />

South Africa offers tremendous cultural diversity for photo shoots, advertisements and films. Pantsula dancers, Gauteng. Credit: SA Tourism/Flickr<br />

In their joint submission, the ACA and CPA expressed their concern<br />

about the competitive landscape of the global audiovisual content<br />

production industries, which has become increasingly intense<br />

due to the value it holds for driving foreign direct investment,<br />

job creation and broader economic growth in countries with<br />

thriving creative content production sectors. The production of<br />

television commercials is not limited to a single territory, and clients<br />

have the freedom to decide where to produce their commercials<br />

based on various factors, including a legislative environment that<br />

is conducive to the production process.<br />

The submission cautioned that should the underlying legislative<br />

environment change and become disadvantageous for productions<br />

to take place in South Africa, local and international advertisers<br />

could well look to other territories in which to produce their<br />

commercials and advertising campaigns, which could cause<br />

runaway productions.<br />

The CPA’s Bobby Amm adds: “We are proud of our industry’s<br />

accomplishments in South Africa, and we believe that our joint<br />

submission reflects our commitment to creating sustainable<br />

jobs and supporting transformation initiatives and protecting<br />

copyright. We hope that our submission will convince the NCOP<br />

that making the necessary changes to the bills will ensure the<br />

continued success of the audiovisual content production industry<br />

in South Africa.”<br />

The submission also calls for parliament to engage more closely<br />

with stakeholders in the advertising and television commercial<br />

production industries to ensure that any amendments to the<br />

Copyright Act and the Performers’ Protection Act take into account<br />

the unique challenges and opportunities of these industries.<br />

“Prescribing compulsory and standard contractual terms for all<br />

copyright agreements, and to prescribe royalty rates and usage<br />

tariffs will impact the freedom to trade and contract which could<br />

result in a negative impact on our economy,” concludes Songo.<br />

The submission concluded by arguing that the bills suffer from<br />

numerous material defects, and that the passing thereof could harm<br />

the viability and growth of the industry, and other creative content<br />

production industries in South Africa, and that the bills should<br />

be rejected in their current form in favour of redrafting thereof in<br />

cooperation with recognised industry experts and lawyers who<br />

are experienced in practicing copyright law.<br />

About CPA<br />

The Commercial Producers Association of South Africa is a professional trade association of production companies that specialise in the production of television commercials<br />

for the domestic and international markets.<br />

60 | www.opportunityonline.co.za


GLOBAL TOURISM<br />

Global tourism is<br />

bouncing back, at a cost<br />

To add to its flight from Newark Liberty International west<br />

of New York, United Airlines has introduced a new direct<br />

flight between Washington Dulles Airport and Cape Town<br />

International Airport. Credit: United Airlines<br />

To mitigate the soaring costs of travel, Travelstart and Mastercard have partnered to alleviate financial<br />

pressure brought on by the increasing demand of travel and travel-related categories globally.<br />

With the onset of the travel season, and the<br />

dissipation of the pandemic fog which brought<br />

with it global travel bans, travel and tourism<br />

continue to show strong signs of recovery.<br />

The first half of 2022 recorded an estimated<br />

474-million international tourists, compared to 175-million in the<br />

same months of 2021. Locally, the first quarter of the year welcomed<br />

1.7-million travellers through South African ports of entry, a 136%<br />

increase compared to the same period in 2021.<br />

The rise in local and global travellers is helping to restore the African<br />

tourism industry to its pre-pandemic state. Albeit still experiencing<br />

the damages that ensued from lockdowns, tourism markets in Africa<br />

have bounced back. Thanks to this renewed influx of visitors, the local<br />

industry is expected to generate 14-million new jobs over the next<br />

decade, while the tourism sector as a whole is expected to lead the<br />

region’s economic recovery, with a predicted annual GDP growth that<br />

will outpace the overall economy for the next 10 years.<br />

While the recovery of the tourism and travel industry will support<br />

the economic recovery of the overall continent, experts agree that<br />

travellers can expect record-high price increases across travelrelated<br />

categories. “As demand for travel goes up, unfortunately<br />

prices follow,” says Travelstart’s founder, Stephan Ekbergh.<br />

In South Africa, the increase in travel fares from flights to hotels can<br />

be attributed to lack of capacity, the weak currency and fuel hikes.<br />

Globally, fare increases are due to the travel rebound and higher<br />

demands, which results in fewer affordable flights, and more people<br />

looking for hotel rooms than there are rooms available.<br />

“To mitigate the soaring costs of travel, Travelstart and Mastercard<br />

have partnered to offer discounted travel to Mastercard holders in<br />

Africa. The partnership comes at a time when demand for business<br />

and leisure travel is bouncing back vigorously,” says Ekbergh.<br />

The partnership between the two businesses will see Mastercard<br />

holders saving up to 30% on base international and domestic airfares<br />

and hotel costs, with the discounts available to all Gold, Platinum,<br />

World and World Elite Mastercard cardholders as well as debit, credit,<br />

prepaid and commercial Mastercard cardholders.<br />

Ekbergh concludes: “As the African travel season fast approaches,<br />

we advise travellers to book as early as possible and to ensure they<br />

have the adequate travel insurance and cover in place to avoid<br />

incurring additional costs.”<br />

The Travelstart discounts are currently available to Mastercard<br />

holders in South Africa, Nigeria and Kenya.<br />

For more information, visit<br />

https://www.travelstart.co.za/lp/mastercard<br />

About Travelstart<br />

Travelstart is a one-stop online travel shop, presenting the best international and domestic flights from airlines, hotel stays at properties on every continent, travel insurance, as<br />

well as car hire and bus tickets to anywhere in Southern Africa.<br />

About Masterca<br />

Mastercard is a global pioneer in payment innovation and technology, connecting billions of consumers, issuers, merchants, governments and businesses. By connecting individuals,<br />

businesses and organisations in more than 210 countries and territories today, Mastercard is unlocking opportunity for more people in more places.


FUNERAL COVER<br />

Funeral costs can be<br />

planned and managed<br />

Yaaseen Albertyn, Product Management Head at Metropolitan, says that<br />

budgeting and careful planning can take the stress out of funerals.<br />

South Africa is the world’s fourth-most-expensive<br />

country for dying, with 13% of the annual average<br />

wage used to pay for funeral costs. For many people<br />

who do not have funeral cover, burying a loved one is<br />

unaffordable. They are forced to use savings that were<br />

intended for education or retirement, while others go into debt<br />

to pay for funerals.<br />

But even with funeral cover in place, funerals can end up<br />

costing more than expected or what is covered by a funeral<br />

plan. Funerals are by nature an opportunity for friends and<br />

family to gather to honour the deceased. But in some settings,<br />

this could include large communities who attend and need<br />

to be catered for, which can add significant costs. “While our<br />

funeral plans are designed to enable South Africans to be<br />

celebrated with a funeral as unique as them, without a budget<br />

and careful planning, costs can escalate and cause extreme<br />

financial hardship for those left behind,” says Yaaseen Albertyn,<br />

Product Management Head at Metropolitan.<br />

The company’s funeral offering is flexible and affordable and<br />

enables the plan owner to customise their plan according to their<br />

funeral wishes and what they can afford. Given the evolution of<br />

traditional family structures, cover is provided for up to three<br />

life partners, children, parents and up to nine extended family<br />

members. All funeral plans include a payment protection benefit,<br />

the ability to skip premiums in tough financial times, Metropolitan’s<br />

CashBack benefit and a repatriation benefit. “Depending on the<br />

wishes of the plan holder, and more importantly affordability,<br />

add-on benefits can be selected, such as a memorial benefit to<br />

pay for a tombstone or a monthly income to cover expenses for<br />

a limited period,” says Albertyn.<br />

Credit: Mike Bird/Pexels.<br />

Understand all possible funeral costs<br />

The starting point is to understand all the possible costs associated<br />

with holding a funeral. This includes pre-funeral costs such as<br />

repatriation, livestock, clothes, undertaker costs, coffin and cemetery<br />

costs. Funeral costs on the day include the service venue, flowers,<br />

catering, refreshment venue, funeral service, programmes and music<br />

and chairs, while post-funeral costs can include a cleansing and<br />

unveiling ceremony and a tombstone.<br />

Once you know what kind of funeral you want and the associated<br />

costs, you can then select the appropriate cover amount. “Don’t be<br />

tempted to choose a cover level you can’t afford. Rather manage your<br />

expectations on the kind of funeral you can afford that won’t get your<br />

loved ones into debt,” advises Albertyn.<br />

Using funeral cover wisely<br />

When a loved one passes away, it’s up to the family to arrange the<br />

funeral in line with the available funds. “Drawing up a budget is critical<br />

and getting consensus from family members is important to ensure<br />

that costs don’t get out of control,” says Albertyn.<br />

Lack of pre-planning is one of the biggest reasons for overspending<br />

when it comes to funeral costs. When a loved one dies, you are not<br />

necessarily in the right frame of mind to make smart budget decisions.<br />

There is no time to compare prices and the various services available<br />

and it’s hard to know what is and<br />

isn’t necessary. He advises getting<br />

a trusted friend or family member<br />

to help you with getting quotes<br />

so you can compare prices before<br />

making costly decisions.<br />

While no one likes talking about<br />

funerals, they are an important and<br />

often expensive part of life. “You<br />

can avoid financial hardship for your<br />

loved ones and still have the dignified<br />

send-off you want by taking out the<br />

appropriate level of funeral cover. It’s<br />

then up to family members to manage<br />

the funeral payout responsibly to<br />

avoid overspending,” says Albertyn.<br />

For more information visit<br />

www.metropolitan.co.za/<br />

collectiveshapers.<br />

Yaaseen Albertyn, Product<br />

Management Head at Metropolitan<br />

www.opportunityonline.co.za | 63


FUNERAL SERVICES<br />

Memorial Hill Private<br />

Cemetery: A first in Africa<br />

The Icebolethu Group is committed to offering much more than funeral policies<br />

through interactions with clients that give value every day. Founder and CEO,<br />

Nomfundo Mcoyi, reflects on how the company has transformed into a lifestyle brand.<br />

Nomfundo Mcoyi, founder and Chief Executive Officer of<br />

the Icebolethu Group.<br />

Biography<br />

Having earned a National Diploma in Education, Nomfundo worked<br />

as a teacher until 2009 when she decided to follow her dream of<br />

becoming an entrepreneur. Inspired by the need for a reputable<br />

funeral-service provider, Nomfundo’s passion has earned her<br />

numerous awards, including the Lioness Award in 2018 by Women of<br />

African and the Global Impact for Business Services and Community<br />

Development by Global African Awards in 2021.<br />

A collaborative leader, Nomfundo pays credit to a dedicated<br />

group of colleagues at Icebolethu. She says, “God has blessed me<br />

with a very good team that understands my vision, understands<br />

what Icebolethu needs and they are right behind me, supporting<br />

me to deliver.” Mangosuthu University of Technology (MUT) has<br />

bestowed an Honorary Doctorate in the Faculty of Management<br />

Sciences in recognition of her contribution to the fields of<br />

entrepreneurship and business management. In July 2023 the<br />

Commonwealth Business Awards recognised Icebolethu as the<br />

Fastest-growing Organisation led by a Woman, the Best Customercare<br />

Organisation and the Best Organisation Led by a Woman.<br />

Africa’s first black female-owned private cemetery has<br />

opened in Johannesburg. Memorial Hill Private Cemetery<br />

is a project of the Icebolethu Group, a dynamic group of<br />

companies offering a lifestyle brand that includes a range<br />

of services, policies and benefits for clients that goes well<br />

beyond what is traditionally understood as a funeral policy.<br />

Memorial Hill is a critical part of the company’s strategy to keep<br />

offering greater value to clients. A loyalty progamme, cash-back<br />

benefits and discounts at retail stores and service providers offers<br />

Icebolethu clients benefits they can enjoy while alive. Clients’ funeral<br />

policies ensure that everything is taken care of when the funeral itself<br />

takes place and beyond that, for example in erecting tombstones or<br />

paying out policies to family members.<br />

Located in the north of Johannesburg, the memorial site is close<br />

to all major amenities like the N14 highway and Malibongwe, which<br />

makes it central and accessible to areas such as Honeydew, Lanseria,<br />

Centurion and Roodepoort.<br />

Group Founder and CEO Nomfundo Mcoyi outlines the extent of<br />

the development: “Memorial Hill, as the first of our memorials to go to<br />

market, is approximately 13 hectares with space for about 15 000 graves.”<br />

64 | www.opportunityonline.co.za


FUNERAL SERVICES<br />

A key factor that differentiates Memorial Hill from other cemeteries<br />

is the scope of services that will be on offer once all the phases are<br />

complete. The cemetery is already open and operating but some of<br />

the intended facilities are in the advanced planning stages.<br />

These include a chapel where families can have their services, a<br />

crematorium and a mortuary facility, a fully functional restaurant<br />

and a catering kitchen. Speaking of the range of facilities that will<br />

be available in one setting, Nomfundo comments, “There are no<br />

comparable facilities offering this in one location.”<br />

The architects responsible for Memorial Hill have imbued the<br />

complex with a sense of tranquility. These elements are important<br />

to Nomfundo, who notes that “it will be a peaceful cemetery with<br />

24-hour security in place and it will be safe for families to visit<br />

departed loved ones at any time”.<br />

A wall of remembrance will give added dignity to those visits,<br />

allowing family members to reflect in a calm and reflective<br />

setting. This approach to the funeral of loved ones and the period<br />

of mourning that follows chimes with one of the company’s main<br />

goals, explained by Nomfundo as follows, “We want to demystify<br />

cemeteries and the element of death as it is a normal part of life.”<br />

Sales and maintenance facilities are already on site at Memorial<br />

Hill and, because the company is financing the project from its<br />

own resources, it is not dependent on outside funders to proceed.<br />

Planning for all of the elements of Memorial Hill have been<br />

completed, supported by comprehensive artists’ impressions and<br />

3D renderings. In construction project terms, the developer in<br />

this instance is selling using a method equivalent to the “off plan”<br />

model. The goal is to complete all of the intended facilities in the<br />

shortest possible time.<br />

The monthly premiums paid by Icebolethu policy holders<br />

assist them in securing a final resting place through their policy.<br />

Icebolethu had always been in a position to organise burials, cook<br />

for families and mourners on the day of the funeral and erect an<br />

appropriate tombstone. Now, with the establishment of Memorial<br />

Hill, the company can offer literally everything. As Nomfundo<br />

says, “The only thing that was missing was the cemetery so now<br />

everything is under one roof.”<br />

Provision has been made for families requiring more than<br />

a single plot. Individuals are able to purchase family plots in<br />

multiples of two graves at a time, all the way up to hundred graves<br />

if they would prefer that option.<br />

Memorial Hill will also accommodate cash clients who can buy<br />

sites. A certificate of ownership will ensure a site is reserved for<br />

when it is needed.<br />

First of many<br />

Memorial Hill is intended as the first of many such projects that<br />

Icebolethu anticipates initiating. Several sites across South Africa<br />

are being considered, with a project in KwaZulu-Natal in the early<br />

stages of planning.<br />

The company’s call centre caters to a client base that is situated<br />

all over South Africa and Icebolethu can offer services almost<br />

anywhere through partner companies, but at the moment the<br />

group’s geographic footprint covers Mpumalanga, Gauteng and<br />

KwaZulu-Natal. A start has been made in the Eastern Cape and the<br />

group aims to be a national company.<br />

Transforming the brand<br />

Icebolethu has been on a five-year journey to transform the brand<br />

from being a burial and funeral parlour to becoming a lifestyle brand.<br />

The aim, exemplified in the tagline, “We do life with you”, is to give<br />

clients value every day.<br />

The memorial park is part of that strategy, providing as it does all<br />

the services related to funerals, from catering to tombstones but the<br />

group strategy goes well beyond that, positioning the group as a<br />

fully fledged finance institution and a lifestyle brand.<br />

A member of the public will be introduced to Icebolethu<br />

through a policy, but thereafter a relationship is established and<br />

developed. There are many ways in which a client can engage<br />

with Icebolethu.<br />

As Nomfundo explains, “Through Isave, which is our loyalty<br />

programme, our clients can enjoy monthly discounts at retail<br />

outlets and service providers.<br />

“Our clients can enjoy the benefits of their funeral policy. In<br />

addition, all our members can enjoy discounts for their daily<br />

shopping at entities like Shoprite/Checkers and other retail<br />

partners such as Edgars, car-hire companies and other elements<br />

that they use in their day-to-day lives.”<br />

The lifestyle benefits that accrue to members are an added<br />

benefit of being an Icebolethu valued client. The many lifestyle<br />

benefits that are available are a welcome addition to the value<br />

they obtain through the funeral policy that they hold.<br />

Contact details:<br />

Tel: 086 000 7580 | Website: icebolethugroup.co.za | Email: memorials@ icebolethu.co.za<br />

Memorial Hill will offer a full suite of services for burials, memorials and ceremonies.<br />

www.opportunityonline.co.za | 65


ECONOMIST OF THE YEAR<br />

Top economists recognised<br />

The first prize-giving of the Economist of the Year competition to be held under<br />

the auspices of the Bureau of Market Research and Unisa was held in 2022.<br />

Economist of the Year, 2002: Ulrich Joubert Runner-up: Elize Kruger Runner-up: Emile du Plessis<br />

Given the strategic position of the BMR in the Unisa<br />

Corporate Group structure, the Unisa Executive<br />

Management Committee in 2022 adopted the<br />

co-branding of the Economist of the Year (EoY)<br />

competition.<br />

The winner and two runners-up of the 2022 BMR/Unisa<br />

Economist of the Year competition were announced during an<br />

award ceremony held in Pretoria in June 2022. The competition<br />

winner and runners-up were identified by an adjudication panel<br />

determining which of the 33 participating economists were the<br />

most accurate at forecasting the outcomes of eight economic<br />

variables for 2022.<br />

The winner of the 2022 competition was Mr Ulrich Joubert<br />

(an independent economist) who has won this prestigious title<br />

of Economist of the Year four times in the past. The runnersup<br />

(in no particular order) were Ms Elize Kruger (independent<br />

economist) and Mr Emile du Plessis (Finometrica).<br />

When asked for comments during the award ceremony, these<br />

top three economists indicated that 2022 was a particularly<br />

tough year in which to produce economic forecasts due to<br />

the large number of downside risks and unexpected black<br />

swan events impacting on the economy. Pertinent factors in<br />

this regard included the Russian invasion of Ukraine, escalating<br />

Eskom power outages (loadshedding), increasing price<br />

inflation as well as local and international political uncertainty.<br />

It was also pointed out by Mr Joubert that these downside risks<br />

and black swan events don’t just act in isolation of each other but<br />

exacerbated the negative economic impacts in a contemporaneous<br />

fashion. An example of this is the Ukraine war giving rise to higher<br />

price inflation, which in turn gave rise to the South African Reserve<br />

Bank increasing interest rates to address such high inflation, which in<br />

turn depressed aggregate demand for goods and services, which in<br />

turn gave rise to lower economic growth rates, which in turn gave<br />

rise to lower job creation and compensation growth, which in turn<br />

impacted negatively on future GDP growth, due to the fact that<br />

household consumption expenditure contributes to more than 60%<br />

of national output.<br />

Looking at 2023, the top three economists expected a very difficult<br />

year marked by low economic growth with a high possibility for a<br />

recession during the year, sticky high inflation, high interest rates and<br />

depressed household consumption expenditure growth. They were<br />

also of the opinion that the number of downside risks to economic<br />

growth will most likely continue to increase, while further hikes in<br />

interest rates are expected to address the depreciating value of the<br />

rand versus the US dollar, as well as sticky high inflation rates. The<br />

overall expectation with respect to 2023 was that South Africa has<br />

to prepare itself for a very tough year ahead on both economic and<br />

political fronts.<br />

Such uncertainty emphasises the need and value of the forecasts.<br />

The 38 economists who are participating in the 2023 Economist of the<br />

Year competition are attempting to bring some enlightenment in a<br />

very uncertain 2023 South African economy.<br />

66 | www.opportunityonline.co.za


A total of 38 South African top economists are participating in the 2023 Economist of the Year<br />

ECONOMIST OF THE YEAR<br />

(EoY) competition, co-hosted by the Bureau of Market Research (BMR) and the University of<br />

South Africa (Unisa). To take part in the competition, participating economists are required to<br />

provide projected estimates with respect to eight variables on a monthly basis. These eight<br />

variables include:<br />

• Average real annual GDP growth rate for 2023 (%).<br />

• Average consumer inflation rate (CPI) for 2023 (%).<br />

2023 ECONOMIST OF THE YEAR COMPETITION<br />

A total of 38 South African top economists are taking part in<br />

the 2023 Economist of the Year. To take part in the competition,<br />

participating economists are required to provide projected<br />

estimates with respect to eight variables on a monthly basis.<br />

The eight variables are:<br />

• Average real annual GDP growth rate for 2023 (%).<br />

• Average consumer inflation rate (CPI) for 2023 (%).<br />

• Average prime interest rate in Q4 2023 (%).<br />

• Average ZAR/USD exchange rate in Q4 2023 (ZAR).<br />

• Average Brent Crude oil price in Q4 2023 (USD).<br />

• Average real annual household expenditure growth rate for 2023 (%).<br />

• Average yield on long-term government bonds in Q4 2023 (%).<br />

• Current account balance as % of GDP for 2023 (%).<br />

• Average prime interest rate in Q4 2023 (%).<br />

• Average ZAR/USD exchange rate in Q4 2023 (ZAR).<br />

• Average Brent Crude oil price in Q4 2023 (USD).<br />

The consensus forecasts based on the median estimates are<br />

determined each month for each of the eight variables.<br />

The consensus provided during March 2023 is contained in the<br />

following table:<br />

The consensus provided during March 2023 showed that<br />

participating economists were in general pessimistic about the<br />

South African economy with low economic and household<br />

expenditure growth rates being forecasted for the year ahead.<br />

Some cautious optimism was however evident from forecasts for<br />

lower consumer price inflation, a stronger rand-dollar exchange<br />

rate and a lower Brent Crude oil price. The expectations regarding<br />

the prime interest rate remaining high throughout 2023 seem to be<br />

favourable for those with savings, while less favourable for those<br />

with existing debt.<br />

• Average real annual household expenditure growth rate for 2023 (%).<br />

• Average yield on long-term government bonds in Q4 2023 (%).<br />

• Current Account Balance as % of GDP for 2023 (%).<br />

The consensus forecasts based on the median estimates are determined each month for each<br />

For more information and/or media interviews please contact Ms<br />

Pamela de Jongh.<br />

pdejongh@bmr.co.za<br />

of the eight variables. The latest consensus provided during March 2023 is contained in the<br />

following table:<br />

March 2023 estimates<br />

Consensus Forecast<br />

(Median)<br />

Average real annual GDP growth rate for 2023 (%) 0.65<br />

Average consumer inflation rate (CPI) for 2023 (%) 5.70<br />

Average prime interest rate in Q4 2023 (%) 10.82<br />

Average ZAR/USD exchange rate in Q4 2023 (ZAR) 17.53<br />

Average Brent Crude oil price in Q4 2023 (USD) 85.00<br />

Average real annual household expenditure growth rate for 2023 (%) 1.40<br />

Average yield on long-term government bonds in Q4 2023 (%) 10.50<br />

Current Account Balance as % of GDP for 2023 (%) -1.72<br />

ABOUT BMR<br />

Press Release 2023/1<br />

The Bureau of Market Research (Pty) Ltd operates as an independent market-research entity within the University of South Africa corporate group structure. Based on industry<br />

demand, the BMR was established in 1960 and transformed into a wholly-owned subsidiary in 2019 to optimise its business functionality.<br />

The sustainable business of the BMR is deeply rooted in ethical, scientific, intelligent, innovative, high-quality, accurate, reliable, unbiased and inclusive market research practices<br />

that are collectively applied in a practical and strategic style to generate custom-made, one-stop modern market research intelligence optimally impacting on business and societal<br />

transformation. The research scope of the BMR focuses on demographic, economic, business, household wealth, behavioural, communication, youth and consumer neuroscience.<br />

Access to BMR products and services is available via membership subscription or commissioned research.<br />

www.opportunityonline.co.za | 67


SACCI<br />

The SACCI Business Confidence Index (BCI)<br />

2020=100<br />

Month 2016 2017 2018 2019 2020 2021 2022 2023<br />

Economic data<br />

The South African Chamber of Commerce and Industry (SACCI) August regularly 107.4 publishes 103.6 economic 104.6 103.0 data 99.2 relating <strong>106</strong>.2 to business<br />

105.6<br />

confidence and trade. As of 2023, SACCI will publish the Small Business October Growth 107.5 Index 107.4 (SBGI), 110.8 the <strong>106</strong>.0 launch <strong>106</strong>.4 of which 109.7 is 109.4 carried<br />

elsewhere in this magazine. The SACCI Business Confidence Index December and Trade 108.4 Conditions 111.4 110.1 Survey 107.6 are 109.0 reproduced <strong>106</strong>.4 117.3 here.<br />

The SACCI offices are in Illovo, Johannesburg. For more statistics, see www.sacci.org.za<br />

January 107.0 112.9 115.3 109.9 <strong>106</strong>.6 109.2 108.8 112.9<br />

February 107.1 110.4 114.3 108.0 107.2 109.0 112.0 111.9<br />

March 108.6 108.4 112.8 <strong>106</strong>.1 103.9 108.7 110.5 111.3<br />

April 110.4 109.7 111.0 108.3 89.9 109.5 108.3 107.1<br />

May <strong>106</strong>.1 107.7 108.7 107.5 81.0 112.1 103.2 <strong>106</strong>.9<br />

June 109.9 109.7 108.3 107.9 94.1 111.2 108.5<br />

July 111.0 110.2 109.5 <strong>106</strong>.4 95.7 107.7 110.3<br />

September 104.4 107.5 107.9 <strong>106</strong>.8 99.1 105.2 110.9<br />

November<br />

108.6 109.9 111.1 107.2 108.0 107.3 110.9<br />

Average 108.0 109.1 110.4 107.1 100.0 108.5 109.6<br />

SACCI Business Confidence Index<br />

Business confidence marked by mixed causality<br />

From a level of 111.3 in March 2023, the BCI declined by 4.2 index points in April<br />

2023 and settled at <strong>106</strong>.9 in May 2023. The business climate might be stabilising<br />

after the uncertain effects of electricity supply have been factored in.<br />

Between April and May 2023 there were three notable positive effects<br />

on the BCI, namely, significantly more new vehicles sold in May, improved<br />

energy supply caused by a lower US dollar crude oil price and increased<br />

manufacturing output.<br />

Lower merchandise export volumes, the rand under pressure and higher real<br />

financing costs were in particular causing a dent in business confidence. In the<br />

short and medium SACCI Trade term, Conditions the financial Survey April environment 2023 had a more negative effect<br />

on the business climate than reflected by real economic activity.<br />

South African Chamber of Commerce and Industry<br />

The GDP data for the 1st quarter 2023 indicates that South Africa averted a<br />

Trade Conditions Survey<br />

technical recession though the economy expanded by only 0.2% year-on-year<br />

April 2023<br />

(y/y) in the 1st quarter 2023.<br />

The substantial swing from a surplus on the trade account in the first four<br />

months of 2022 to a notable deficit in the first four months of 2023 does not<br />

only reflect the effect of global trade on South Africa, but also indicates the<br />

economic sensitivity of South Africa to international trade relations.<br />

SACCI Business Confidence Index – May 2023<br />

The SACCI Business Confidence Index (BCI)<br />

2020=100<br />

Month 2016 2017 2018 2019 2020 2021 2022 2023<br />

January 107.0 112.9 115.3 109.9 <strong>106</strong>.6 109.2 108.8 112.9<br />

February 107.1 110.4 114.3 108.0 107.2 109.0 112.0 111.9<br />

March 108.6 108.4 112.8 <strong>106</strong>.1 103.9 108.7 110.5 111.3<br />

April 110.4 109.7 111.0 108.3 89.9 109.5 108.3 107.1<br />

May <strong>106</strong>.1 107.7 108.7 107.5 81.0 112.1 103.2 <strong>106</strong>.9<br />

June 109.9 109.7 108.3 107.9 94.1 111.2 108.5<br />

July 111.0 110.2 109.5 <strong>106</strong>.4 95.7 107.7 110.3<br />

August 107.4 103.6 104.6 103.0 99.2 <strong>106</strong>.2 105.6<br />

September 104.4 107.5 107.9 <strong>106</strong>.8 99.1 105.2 110.9<br />

October 107.5 107.4 110.8 <strong>106</strong>.0 <strong>106</strong>.4 109.7 109.4<br />

November 108.6 109.9 111.1 107.2 108.0 107.3 110.9<br />

December 108.4 111.4 110.1 107.6 109.0 <strong>106</strong>.4 117.3<br />

Average 108.0 109.1 110.4 107.1 100.0 108.5 109.6<br />

Trade Activity Index (TAI)*<br />

Activity Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23<br />

Sales volumes 43 44 36 48 50 50<br />

New orders 40 43 38 55 56 42<br />

Backlog on orders received 40 31 36 33 35 33<br />

Supplier deliveries 47 43 38 38 32 44<br />

Inventory level 47 39 38 38 35 42<br />

Selling prices 62 54 52 60 74 72<br />

Input prices 69 72 76 85 79 83<br />

Employment 38 41 36 35 29 33<br />

TAI 42 42 37 45 44 43<br />

TAI seasonally adjusted 47 53 36 46 42 41<br />

Note: The indices are diffusion indices and vary between 0 and 100. At 50 an index reflects<br />

a 'no change' situation and above or below 50 implies a positive or a negative reading<br />

depending on the trade component.<br />

* The TAI is the composite index of sales volumes, new orders, supplier deliveries,<br />

inventory levels and employment.<br />

Six Month Trade Expectations Index (TEI)*<br />

Activity Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23<br />

Sales volumes 59 72 64 68 65 58<br />

New orders 60 72 62 65 62 61<br />

Backlog on orders received 47 41 40 43 44 47<br />

Supplier deliveries 55 57 62 65 50 44<br />

Inventory level 60 61 60 63 50 42<br />

Selling prices 79 78 81 85 76 72<br />

Input prices 88 87 83 88 85 92<br />

Employment 50 44 45 48 38 36<br />

TEI 57 63 59 62 55 51<br />

TEI seasonally adjusted 56 73 55 63 55 49<br />

* The TEI is the composite index of expectations on sales volumes, new orders, supplier<br />

deliveries, inventory levels and employment.<br />

2<br />

Trade Conditions Survey, SACCI<br />

Trade expectations weaken notably<br />

Cautionary note on survey: External adverse events had a damaging effect on<br />

certain businesses and a number of regular respondents went out of business.<br />

The results should therefore be interpreted with the necessary circumspection.<br />

Trade conditions have been under pressure since January 2022 although<br />

marginally better than in April 2022 when the index stood at 38 compared<br />

to 43 in April 2023. Whereas trade expectations were well into positive<br />

territory over the last 12 months, there was notable volatility towards the<br />

end of last year into 2023. In April 2023 respondents only expected 51% of<br />

trade activities to improve in the next six months compared to 59% of trade<br />

activities in April 2022.<br />

Sales volumes were bordering the negative side while new orders declined<br />

noticeably in April 2023. Supplies and stock levels consequently increased.<br />

Sales prices remained under pressure and declined slightly while input prices<br />

increased as 83% of respondents reported rising input costs. This caused lower<br />

profitability and affected viability.<br />

Sales volumes are expected to decline significantly over the next six months<br />

(scope of survey) while new orders come under pressure. 2 Supplier deliveries<br />

and inventories follow the expected lower trade activity. It is anticipated that<br />

the rate of increase of sales prices could slow (inflation stabilising), but that<br />

input costs will rise at a faster pace.


60<br />

CELEBRATING<br />

YEARS<br />

of Outstanding Customer Service<br />

and Making Steam Generation Work<br />

We have come a long way,<br />

6 decades and counting!

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!