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KwaZulu-Natal Business 2023-24

A unique guide to business and investment in KwaZulu-Natal Province, South Africa. The 2023/24 edition of KwaZulu-Natal Business is the 15th issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the KwaZulu-Natal Province. In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special feature on the growth and importance of the recycling sector, with increasing activity covering cover paper, board, e-waste and rubber. The overview of the regional economy notes the importance of energy and the steps being taken by KwaZulu-Natal to turn Richards Bay into an energy hub. The fact that the province is also angling to create additional Special Economic Zones suggests that the two existing zones, at Richards Bay and the Dube TradePort at King Shaka International Airport, are living up to expectations in terms of attracting investment and boosting employment. The creation of a joint venture by Transnet and a private operator of ports is a significant step for the Port of Durban. To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.globalafricanetwork.com under ebooks. Updated information on KwaZulu-Natal is also available through our monthly e-newsletter, which you can subscribe to online at www.gan.co.za, in addition to our complementary business-to-business titles that cover all nine provinces, our flagship South African Business title and the latest addition to our list of publications, Journal of African Business, which was launched in 2020.

A unique guide to business and investment in KwaZulu-Natal Province, South Africa.
The 2023/24 edition of KwaZulu-Natal Business is the 15th issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the KwaZulu-Natal Province.

In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special feature on the growth and importance of the recycling sector, with increasing activity covering cover paper, board, e-waste and rubber.

The overview of the regional economy notes the importance of energy and the steps being taken by KwaZulu-Natal to turn Richards Bay into an energy hub. The fact that the province is also angling to create additional Special Economic Zones suggests that the two existing zones, at Richards Bay and the Dube TradePort at King Shaka International Airport, are living up to expectations in terms of attracting investment and boosting employment. The creation of a joint venture by Transnet and a private operator of ports is a significant step for the Port of Durban.

To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.globalafricanetwork.com under ebooks. Updated information on KwaZulu-Natal is also available through our monthly e-newsletter, which you can subscribe to online at www.gan.co.za, in addition to our complementary business-to-business titles that cover all nine provinces, our flagship South African Business title and the latest addition to our list of publications, Journal of African Business, which was launched in 2020.

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OVERVIEW<br />

national distance university, the University of South Africa (Unisa),<br />

has a presence in five locations. USB Executive Development offers<br />

business courses for executives.<br />

UKZN has close to 40 000 students studying on five campuses<br />

in two cities. Greater Durban hosts Howard College, Berea<br />

(environment, engineering, law, humanities) and the Nelson<br />

Mandela School of Medicine at Congella. The UKZN administration<br />

and the Graduate School of <strong>Business</strong> are based at Westville (also<br />

science, engineering and health) whereas the Edgewood, Pinetown,<br />

campus focusses on education.<br />

The Pietermaritzburg campus offers a broad academic<br />

programme but its specialities are fine art, theology and agriculture.<br />

UKZN also hosts the National Research Foundation.<br />

The Durban University of Technology (DUT) has six faculties<br />

operating in seven campuses in Durban and in the Midlands. DUT is<br />

well known for its outstanding graphic-design school and offers one<br />

of only two chiropractic programmes in South Africa.<br />

The University of Zululand offers diploma and degree courses on<br />

two campuses at Empangeni and Richards Bay.<br />

Several provincial government departments make tertiary<br />

bursaries available to qualifying students, including Agriculture and<br />

Rural Development, Human Settlements, Public Works, Transport<br />

and the Treasury. The National Student Financial Aid Scheme (NSFAS)<br />

supports 26 public universities across the country in advancing<br />

payment of registration fees for poor students.<br />

The private sector also actively supports education through<br />

bursaries. A crowdfunding platform set up by Standard Bank, the<br />

Feenix Trust, raised more than R35-million in three years to support<br />

more than 1 000 students. The bank’s Ikusasa Student Financial Aid<br />

Programme (ISFAP) provides bursaries for students from families<br />

earning less than R600 000 per annum.<br />

Schools<br />

<strong>KwaZulu</strong>-<strong>Natal</strong> has 2.8-million school pupils, many of whom are in rural<br />

areas. With 30% of South Africa’s pupils in its schools, the province’s results<br />

have a big bearing on how the nation fares in annual examinations.<br />

There is now near universal access to primary and secondary schooling<br />

and a new drive to enrol pre-school children in Grade R has achieved<br />

ONLINE RESOURCES<br />

<strong>KwaZulu</strong>-<strong>Natal</strong> Department of Education: www.kzneducation.gov.za<br />

National Research Foundation: www.nrf.ac.za<br />

National Skills Authority: www.nationalskillsauthority.org.za<br />

uMfolozi TVET College: www.umfolozicollege.co.za<br />

a 70% success rate. The province<br />

has 1 689 early childhood<br />

development centres. Transport is<br />

provided to 350 schools, covering<br />

59 000 pupils, and 2 400 bicycles<br />

have been made available under<br />

the Shovakalula programme.<br />

A primary school in the<br />

Harry Gwala District was the site<br />

of the launch of an e-learning<br />

infrastructure programme that<br />

is intended to be rolled out<br />

to rural areas throughout the<br />

province. Digital access will<br />

allow pupils in remote areas<br />

to be connected to the best<br />

teachers in the province.<br />

The unbundling from the<br />

successful Curro group of a<br />

separate tertiary entity which<br />

listed on the JSE as Stadio<br />

Holdings is a good indicator of<br />

the growth of the private sector<br />

in education.<br />

Stadio currently has three<br />

institutions: Southern <strong>Business</strong><br />

School, AFDA (the School for<br />

the Creative Economy) and the<br />

Embury Institute for Higher<br />

Education which has a campus<br />

in Musgrave, Durban. There are<br />

seven schools in <strong>KwaZulu</strong>-<strong>Natal</strong><br />

operating under Curro brands.<br />

Advtech, the other big<br />

private company in the sector,<br />

already has 27 tertiary campuses<br />

nationally, in addition to its<br />

78 schools operating under<br />

a variety of labels. Advtech<br />

operates 10 educational sites<br />

in <strong>KwaZulu</strong>-<strong>Natal</strong>, including<br />

schools such as Crawford and<br />

Trinity House, a chefs’ school<br />

(Capsicum), three Varsity<br />

Colleges and the Design School<br />

for Southern Africa. ■<br />

35<br />

KWAZULU-NATAL BUSINESS <strong>2023</strong>/<strong>24</strong>

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