South African Business 2024
Welcome to the 12th edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by an e-book edition at www.southafricanbusiness.co.za. A special feature in this journal focusses on the relationship between tertiary education, training and the jobs market. The youth unemployment rate is referenced in a discussion of the various measures that are being taken in the public and private sectors to help prepare young people for work, or to encourage them to start businesses. The role of the country’s Sector Education and Training Authorities (SETAs) is highlighted. Regular pages cover all the main economic sectors of the South African economy. This includes tracking the rapidly evolving renewable energy landscape and reporting on the progress of exploration and discoveries of oil and gas off the coast and on land. Landmarks such as BMW’s 50-year celebration of making cars in South Africa are noted and a snapshot of each of the country’s provinces is provided. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed online at www.globalafricanetwork.com and www.southafricanbusiness.co.za. These unique titles are supported by monthly business e-newsletters. The Journal of African Business joined the Global African Network stable of publications as an annual in 2020 and is now published quarterly.
Welcome to the 12th edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by an e-book edition at www.southafricanbusiness.co.za.
A special feature in this journal focusses on the relationship between tertiary education, training and the jobs market. The youth unemployment rate is referenced in a discussion of the various measures that are being taken in the public and private sectors to help prepare young people for work, or to encourage them to start businesses. The role of the country’s Sector Education and Training Authorities (SETAs) is highlighted.
Regular pages cover all the main economic sectors of the South African economy. This includes tracking the rapidly evolving renewable energy landscape and reporting on the progress of exploration and discoveries of oil and gas off the coast and on land. Landmarks such as BMW’s 50-year celebration of making cars in South Africa are noted and a snapshot of each of the country’s provinces is provided.
South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed online at www.globalafricanetwork.com and www.southafricanbusiness.co.za. These unique titles are supported by monthly business e-newsletters. The Journal of African Business joined the Global African Network stable of publications as an annual in 2020 and is now published quarterly.
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FOCUS<br />
Sectoral strengths of<br />
<strong>South</strong> <strong>African</strong> provinces<br />
SECTORAL STRENGTHS OF<br />
SOUTH AFRICA’S PROVINCES<br />
A wide variety of investments are available.<br />
Gauteng:<br />
• Financial and business services<br />
• Information and communications<br />
technology<br />
• Transport and logistics<br />
• Basic iron and steel, steel products<br />
• Fabricated metal products<br />
• Motor vehicles, parts and accessories<br />
• Appliances<br />
• Machinery and equipment<br />
• Chemical products, pharmaceuticals<br />
North West:<br />
• Agro-processing<br />
• Mining<br />
• Agriculture and agro-processing<br />
• Tourism<br />
• Metal products<br />
• Machinery and equipment<br />
• Renewable energy (solar)<br />
Northern Cape:<br />
• Mining<br />
• Agriculture and agro-processing<br />
• Fisheries and aquaculture<br />
• Renewable energy (solar, wind)<br />
• Jewellery manufacturing<br />
Limpopo:<br />
• Mining<br />
• Fertilisers<br />
• Tourism<br />
• Agriculture<br />
• Agro-processing<br />
• Energy, including<br />
renewables (solar)<br />
SPECIAL FEATURE<br />
Mpumalanga:<br />
• Mining<br />
• Tourism<br />
• Forestry, paper and paper<br />
products, wood and wood<br />
products<br />
• Agriculture and agroprocessing<br />
• Metal products<br />
FOCUS<br />
KwaZulu-Natal:<br />
• Transport and logistics<br />
• Tourism<br />
• Motor vehicles, parts and<br />
accessories<br />
• Petrochemicals<br />
• Aluminium<br />
• Clothing and textiles<br />
• Machinery and equipment<br />
• Agriculture and agroprocessing<br />
• Forestry, pulp and paper,<br />
wood and wood products<br />
Western Cape:<br />
• Tourism<br />
• Financial and business services<br />
• Transport and logistics<br />
• ICT<br />
• Agriculture and agro-processing<br />
• Fisheries and aquaculture<br />
• Petrochemicals<br />
• Basic iron and steel<br />
• Clothing and textiles<br />
• Renewable energy (solar, wind)<br />
Free State:<br />
• Agriculture and agro-processing<br />
• Mining<br />
• Petrochemicals<br />
• Machinery and equipment<br />
• Tourism<br />
Eastern Cape:<br />
• Motor vehicles, parts and<br />
accessories<br />
• Forestry, wood and wood products<br />
• Clothing and textiles<br />
• Pharmaceuticals<br />
• Leather and leather products<br />
• Tourism<br />
• Renewable energy (wind)<br />
Page | 40<br />
Source: Industrial Development Corporation (IDC); The Case for Investing in <strong>South</strong> Africa, Executive Summary<br />
Source: Industrial Development Corporation (IDC)<br />
(<strong>South</strong> <strong>African</strong> Investment Conference, 2018).<br />
SOUTH AFRICAN BUSINESS 2021<br />
19<br />
20 23 SOUTH SOUTH AFRICAN AFRICAN BUSINESS BUSINESS 2020 <strong>2024</strong>
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