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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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OVERVIEW<br />

Energy<br />

Carbon capture research could transform industry.<br />

SECTOR INSIGHT<br />

BMW will make hybrids<br />

from 20<strong>24</strong>.<br />

If carbon captured from the steel-making process could be<br />

repurposed, the energy transition could happen more quickly.<br />

One way of cleaning up the energy landscape is to switch<br />

fuel sources from fossil fuels to renewables such as solar<br />

and wind. And the world is doing a lot of that.<br />

Another way is to use renewable energy to clean up<br />

or repurpose the emissions coming from fossil fuels. That’s what<br />

Sasol and ArcelorMittal South Africa are looking into in <strong>Gauteng</strong>.<br />

Two of South Africa’s biggest and most successful companies are<br />

joining forces to try to convert captured carbon from ArcelorMittal<br />

South Africa’s Vanderbijlpark’s steel plant into sustainable fuels<br />

and chemicals using renewable energy. The carbon capture and<br />

utilisation (CCU) study supplements work being done by the<br />

Council for Geoscience in Mpumalanga.<br />

Both industrial operators have a stated ambition to achieve<br />

net-zero carbon emissions by 2050. Sasol is also working with the<br />

steel producer in the Western Cape on a green steel and green<br />

hydrogen and derivatives study.<br />

“We are very excited to be leading the pre-feasibility and<br />

feasibility studies on these two potential projects that hold<br />

promise to unlock South Africa’s potential to be a global green<br />

hydrogen and derivatives player. These studies are anchored by<br />

the local need for green hydrogen and sustainable products,<br />

cementing Sasol as the leading contributor to the development<br />

of Southern Africa’s green hydrogen economy,” says Priscillah<br />

Mabelane, Executive Vice President for Sasol’s Energy <strong>Business</strong>.<br />

The Vaal CCU study will explore transporting up to 1.5-million tons<br />

a year of industrial CO2 captured<br />

from the Vanderbijlpark<br />

Works to the Sasolburg and<br />

Ekandustria operating facilities<br />

in Sasolburg which will then,<br />

together with green hydrogen,<br />

eventually replace natural<br />

gas as a feedstock to produce<br />

sustainable chemicals products.<br />

The Vaal Triangle has been<br />

home to fossil fuel-based<br />

industrial operations that have<br />

been vital to the country’s<br />

economic development over<br />

many decades. It is believed<br />

that many of the assets in these<br />

operations can be repurposed<br />

in such a way as they become<br />

more sustainable, leading to a<br />

revitalisation of the region.<br />

The Industrial Development<br />

Corporation (IDC), as the<br />

driver of the state’s hydrogen<br />

economy and commercialisation<br />

programmes, came out strongly<br />

in support of the Sasol and<br />

ArcelorMittal partnership. “The<br />

IDC supports sector linkages like<br />

this that are critical to realising<br />

South Africa’s ambition to<br />

develop the green hydrogen<br />

economy,” said Joanne Bate, Chief<br />

Operating Officer for the IDC.<br />

Sasol is simultaneously<br />

exploring export markets for<br />

the hydrogen and ammonia<br />

that it expects to produce in<br />

large quantities. With both<br />

products being an important<br />

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

22<br />

PHOTO: ArcelorMittal

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