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Gauteng Business 2023-24

The 2023/24 edition of Gauteng Business is the 14th issue of this highly successful publication that has established itself as the premier business and investment guide for the Gauteng Province. In addition to the regular articles providing insight into each of the key economic sectors of the province, a special feature on Special Economic Zones is included in this edition. SEZs are a major plank of industrial policy at national level and Gauteng is enthusiastically rolling out sector-specific zones in every district. The Vaal SEZ, which is preparing the way for ratification by national authorities, is the newest zone intended to boost development. All of the main economic sectors of the provincial economy are reviewed, ranging from agriculture, transport and logistics, energy and manufacturing through to education and training. Like the rest of the world, Gauteng is adapting to and innovating in the field of energy. The fact that mining companies and others are starting to build facilities to generate power is significant for the country as a whole. Gold Fields’ 40MW solar project at its South Deep mine and Sibanye-Stillwater making land available on the West Rand for solar farms are indicators for the future. 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 e-books. Updated information on Gauteng is also available through our monthly e-newsletter, which you can subscribe to online at www.southafricanbusiness.co.za, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title and the new addition to our list of titles, The Journal of African Business, which was launched in 2020.

The 2023/24 edition of Gauteng Business is the 14th issue of this highly successful publication that has established itself as the premier business and investment guide for the Gauteng Province.

In addition to the regular articles providing insight into each of the key economic sectors of the province, a special feature on Special Economic Zones is included in this edition. SEZs are a major plank of industrial policy at national level and Gauteng is enthusiastically rolling out sector-specific zones in every district. The Vaal SEZ, which is preparing the way for ratification by national authorities, is the newest zone intended to boost development.

All of the main economic sectors of the provincial economy are reviewed, ranging from agriculture, transport and logistics, energy and manufacturing through to education and training. Like the rest of the world, Gauteng is adapting to and innovating in the field of energy. The fact that mining companies and others are starting to build facilities to generate power is significant for the country as a whole. Gold Fields’ 40MW solar project at its South Deep mine and Sibanye-Stillwater making land available on the West Rand for solar farms are indicators for the future.

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 e-books. Updated information on Gauteng is also available through our monthly e-newsletter, which you can subscribe to online at www.southafricanbusiness.co.za, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title and the new addition to our list of titles, The Journal of African Business, which was launched in 2020.

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SPECIAL FEATURE<br />

of the GGT2030 economic development strategy.<br />

The plan aims to facilitate foreign and domestic<br />

investors to expand economic infrastructure<br />

development throughout the greater <strong>Gauteng</strong><br />

community nodal zones located in the five<br />

economic corridors of the province.<br />

subsidies for employees earning below a certain<br />

level, training grants from the dtic and discounts<br />

from national electricity utility Eskom. The SEZ is also<br />

a customs-controlled area. The SEZs are located in a<br />

municipality and for the SEZ programme to succeed,<br />

municipalities must be part of the planning, design<br />

and implementation of these spatial development<br />

catalysts. The local government sector is, therefore,<br />

an important stakeholder in the drive to build<br />

sustainable and successful SEZs.<br />

The NDP is a broad-strokes plan that seeks<br />

to coordinate development in a range of<br />

sectors and promotes ambitious infrastructural<br />

projects. South Africa’s most recent IPAP has a<br />

manufacturing focus, and this is also the area on<br />

which SEZ are concentrating.<br />

<strong>Gauteng</strong> has enthusiastically embraced the<br />

idea of SEZs as drivers of growth.<br />

Growing <strong>Gauteng</strong> Together 2030, or GGT2030,<br />

is the blueprint for the recovery of provincial<br />

economy. The programme supporting SEZs falls<br />

squarely within that broader framework and is<br />

being implemented by the <strong>Gauteng</strong> Growth and<br />

Development Agency (GGDA).<br />

At the core of the GGT2030 is ensuring<br />

that economic interventions are implemented<br />

to modernise and industrialise high-growth<br />

sectors in <strong>Gauteng</strong>. The SEZ programme is part<br />

OPERATIONAL SEZs<br />

Tshwane SEZ<br />

Tshwane Automotive SEZ (TASEZ) was initiated<br />

by the Ford Motor Company to help expand its<br />

automotive footprint in South Africa through<br />

the attraction of its global suppliers into the<br />

country. This ambition was further enhanced by<br />

the <strong>Gauteng</strong> government’s plan of developing a<br />

new Automotive City in Tshwane, and aligns with<br />

the SA Automotive Masterplan 2035, which sets<br />

targets to increase localisation.<br />

TASEZ is the outcome of partnerships between<br />

the dtic, the <strong>Gauteng</strong> Provincial Government, the<br />

City of Tshwane and the Ford Motor Company<br />

of Southern Africa. The Automotive Industry<br />

Development Centre (AIDC), a subsidiary company<br />

of the GGDA, has been tasked to deliver TASEZ on<br />

behalf of the <strong>Gauteng</strong> Provincial Government.<br />

As of December 2022, 10 automotive component<br />

manufacturing companies that have been set up<br />

at TASEZ were in full production. More than 4 618<br />

temporary construction jobs had been created while<br />

Phase One will add 2 088 permanent skilled jobs.<br />

OR Tambo SEZ<br />

The OR Tambo International Airport (ORTIA) IDZ<br />

officially opened in March 2019. It aims to develop<br />

Busmark is an established manufacturer in<br />

the West Rand.<br />

9 GAUTENG BUSINESS <strong>2023</strong>/<strong>24</strong>

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