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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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oost economic growth and create jobs in the Vaal r<br />

Lesedi<br />

Masterplan adopted<br />

The 289-page Masterplan for the SEZ includes<br />

sections relating to energy, infrastructure, the<br />

policy environment and socio-economic impact,<br />

legal and governance issues, risk management,<br />

environmental and spatial considerations,<br />

investment approach, stakeholder management<br />

and the financial plan.<br />

The area<br />

Three local municipalities make up the Sedibeng<br />

District Municipality. Midvaal is the most rural<br />

of the three local municipalities, with urban<br />

development concentrated along routes R59<br />

and R82 in the north-western parts. Midvaal<br />

has strong regional linkages to major economic<br />

cores. These include routes R59 and R82 and the<br />

Vereeniging-Germiston railway line. The major<br />

urban concentration of Lesedi Local Municipality<br />

is located in Heidelberg/Ratanda nodes, along the<br />

N3 freeway at its intersection with Provincial Route<br />

R42, east of the Suikerbosrand Nature Reserve.<br />

Heidelberg is the seat of the municipality. Emfuleni<br />

in the west is home to the towns synonymous<br />

with steel, Vanderbijlpark and Vereeniging, and<br />

the Sasol petrochemical complex to the south of<br />

Sedibeng in the Free State Province.<br />

The Sedibeng District, host of the proposed Vaal SEZ, comprises three<br />

local municipalities and is strategically located both in terms of highways<br />

and railways and in relation to three economically-powerful<br />

metropolitan municipalities, Johannesburg, Ekurhuleni and Tshwane.<br />

INVESTOR VALUE PROPOSITION<br />

Key outcom<br />

Enabling framework<br />

Strong government support, robust legal and<br />

• The Va<br />

infrastru<br />

regulatory framework. Strong commercial and • It will p<br />

significant economic and social returns, including decarbo<br />

A<br />

incentives and<br />

considerable<br />

rebates.<br />

amount of planning has • To beco<br />

already gone into the concept which ties • To be a<br />

in to development goals and frameworks anchor S<br />

Locational at benefit local, regional and national level.<br />

• To achie<br />

South Africa’s economic hub, sound logistics society,<br />

networks The area and infrastructure.<br />

jobs for<br />

The three local municipalities which make up the<br />

Infrastructure Sedibeng District services Municipality are predominantly rural. Process<br />

One-stop Midvaal shop is the most services rural of and the three the local Vaal municipalities, SEZ’s Shared The Vaal S<br />

with urban development concentrated along routes end of Jun<br />

Services and investor access to serviced land and<br />

R59 and R82 in the north-western parts of the municipal been com<br />

funding options.<br />

area. Midvaal has strong regional linkages to major A pipelin<br />

economic cores.<br />

establishe<br />

Management Lesedi is also capability primarily rural, with the major urban be initiate<br />

Independent concentration management located in Heidelberg/Ratanda body, cooperation nodes, priority inv<br />

between along the dedicated N3 freeway at bodies, its intersection local, with regional Provincial and<br />

national Route government.<br />

R42, east of the Suikerbosrand Nature Reserve.<br />

The SEZ<br />

by the end<br />

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

28<br />

MoU signed with North<br />

West University and Vaal<br />

University of Technology to<br />

collaborate on revitalisation and<br />

industrialisation of Vaal Region,<br />

February <strong>2023</strong>.<br />

Appointment of<br />

engineering consultancy:<br />

to establish townships and<br />

to conduct Environmental<br />

Impact Assessment, Q1 of<br />

FY <strong>2023</strong>/<strong>24</strong>.<br />

Application for official<br />

designation as SEZ: <strong>Gauteng</strong><br />

MEC, approved; sent to<br />

Ministers of Finance and Trade,<br />

Industry and Competition, Q1<br />

of FY <strong>2023</strong>/<strong>24</strong>.<br />

13<br />

GAUTENG BUSINESS <strong>2023</strong>

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