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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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OVERVIEW<br />

the project is that Clover has a Cooling-as-a-Service (CaaS) contract, a payper-use<br />

model that removes the large upfront investment cost as a barrier<br />

to improved efficiencies and improved environmental performance.<br />

Marine repair and engineering form a significant sector in the<br />

Western Cape and KwaZulu-Natal, with established companies such as<br />

EBH <strong>South</strong> Africa offering comprehensive services. Both KwaZulu-Natal<br />

ports are expanding and will continue to attract engineers.<br />

Dormac, which is headquartered in the Bayhead area of the Port of<br />

Durban, is best known for its marine engineering but it offers specialised<br />

services to the sugar industry and provides machinery for industrial<br />

giants like Toyota and Defy.<br />

The Engineering Council of <strong>South</strong> Africa has a programme where<br />

trainees can earn certificates in specific disciplines from a range of<br />

institutions. The qualifications are in line with the council’s Exit Level<br />

outcomes. Six of <strong>South</strong> Africa’s biggest construction companies have<br />

established a R1.25-billion skills fund. Several partnerships<br />

between the public and private sectors are trying to address the<br />

skills deficit. The Skills Development Amendment Act is intended<br />

ONLINE RESOURCES<br />

Consulting Engineers <strong>South</strong> Africa: www.cesa.co.za<br />

Engineering Council of <strong>South</strong> Africa: www.ecsa.co.za<br />

<strong>South</strong> <strong>African</strong> Consulting Engineering Firms: www.consultsa.co.za<br />

<strong>South</strong>ern <strong>African</strong> Institution of Civil Engineering: www.civils.org.za<br />

to improve the situation.<br />

One of the most exciting<br />

engineering projects in <strong>South</strong><br />

Africa is the Msikaba Bridge<br />

project that forms part of the<br />

new N2 toll road between Port<br />

Edward in KwaZulu-Natal and<br />

Umtata in the Eastern Cape.<br />

The CME JV (Concor – MECSA<br />

Construction Joint Venture) is the<br />

main contractor and it has had<br />

to stop work more than once<br />

because of protests of various<br />

sorts. Sophisticated techniques<br />

are required to ensure that the<br />

580m cable-stayed structure,<br />

which will span the 198m-deep<br />

Msikaba Gorge, is stable. The<br />

deck will be supported by 34<br />

cable tendons connected to two<br />

128m-high pylons. Winds have<br />

been known to blow at 100km/h<br />

at the site. ■<br />

SUPPLYING INDUSTRIAL AND<br />

SPECIALTY GAS PRODUCTS TO THE<br />

SOUTHERN AFRICAN REGION<br />

www.airproducts.co.za

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