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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FOCUS<br />
Reigniting industrialisation<br />
in the Vaal Region<br />
The Vaal Special Economic Zone (Vaal SEZ) is showing excellent<br />
progress on the path to being formally designated, bringing<br />
closer its potential to boost growth and job creation.<br />
The Vaal SEZ’s vision states that, “By 2030,<br />
an industrialised, globally competitive,<br />
export-driven, manufacturing-biased<br />
regional economy,” will exist. The Vaal<br />
SEZ is connected to other national and provincial<br />
initiatives in <strong>Gauteng</strong>, including Growing <strong>Gauteng</strong><br />
Together (GGT2030) which aims to create linkages<br />
and the integration of the host province’s growth<br />
strategies with the local economic development<br />
strategies of the host municipalities to national<br />
economic initiatives.<br />
Where the Vaal SEZ is unique is that various<br />
satellite hubs will work out from a central<br />
hub like spokes in a wheel, thus exploiting<br />
the existing strengths of particular sites and<br />
spreading economic benefits across the area<br />
more widely. The Vaal SEZ is to be created<br />
within the Sedibeng District Municipality, which<br />
already has several attractive assets for wouldbe<br />
investors.<br />
Targeted investment strategy<br />
There is a strong case for investors to join and benefit<br />
from a green energy-fuelled reindustrialisation of the<br />
Vaal region. This will transform this industrial basin<br />
into the country’s preeminent hub for low-carbon<br />
manufacturing and renewable energy production.<br />
• High-impact investments into the food,<br />
agriculture and agro-industries value chain<br />
• Investment in gateway logistics (air, road, rail,<br />
river) to exploit the locational advantages of<br />
the Sedibeng District<br />
• Investment in the Blue Economy and the<br />
Tourism Sector using the advantages of the<br />
Vaal River<br />
• Building a Smart City along the Vaal River to<br />
enable SEZ development and to drive urban<br />
regeneration<br />
• Building strong local linkages between township/rural<br />
economies with the value chains that<br />
the Vaal SEZ will develop and strengthen<br />
Moving forward: Progress on the road to Vaal SEZ status<br />
Investor presentations: the<br />
Sedibeng Investor Conference<br />
and the SMME Conference were<br />
held, informing the investor<br />
community about the plans for<br />
the Vaal SEZ, in 2021.<br />
Land allocations made: local<br />
municipalities have allocated<br />
land which will be converted<br />
into Land Lease Agreements.<br />
SEZ Masterplan<br />
completed:<br />
June 2022.<br />
GAUTENG BUSINESS <strong>2023</strong><br />
12
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