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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 />

Transport and logistics<br />

A regional airport could become an international hub.<br />

SECTOR INSIGHT<br />

The City of Cape Town<br />

wants to revive rail.<br />

There are plans to make more use of Hoedspruit Airport, the<br />

airport that is most often associated with the Orpen Gate of<br />

the Kruger National Park. In 2022, 61 000 of the people who<br />

passed through Hoedspruit were European tourists but there<br />

is potential to increase this traffic substantially. CemAir offers flights<br />

to Johannesburg and Cape Town and Airlink connects to destinations<br />

such as the Victoria Falls in Zimbabwe, Maun in Botswana and<br />

Vilanculo in Mozambique. The Limpopo Department of Transport<br />

and Community Safety is working on a strategy to develop the<br />

airport to further boost the tourism sector.<br />

The Polokwane International Airport (PIA) is wholly owned<br />

by the provincial government and run by the Gateway Airports<br />

Authority Ltd (GAAL), an agency of the Department and Transport.<br />

It has the potential to be an important regional cargo airport.<br />

In the Western Cape, the administrations in charge of the City of<br />

Cape Town and the province have plans to better coordinate transport.<br />

The City of Cape Town conducted a feasibility study in 2022 on taking<br />

over the management of passenger rail services from PRASA. The city<br />

wants to have a fully-integrated system, which would include rail.<br />

In 2022 the city’s Urban Mobility Directorate published<br />

an updated Comprehensive Integrated Transport Plan<br />

(CITP), outlining the strategies and plans for improving the<br />

transport environment in the metropole for five years to<br />

2028. The Transport and Urban Development Authority (TDA),<br />

located within the municipality, is responsible for planning,<br />

costing, contracting, regulating, monitoring, evaluating,<br />

communicating, managing and maintaining the City of Cape<br />

Town’s transport infrastructure, systems, operations, facilities<br />

and network. The provincial government is following the city’s<br />

ONLINE RESOURCES<br />

<strong>African</strong> Rail Infrastructure Association (ARIA): www.aria.org.za<br />

Airlines Association of <strong>South</strong>ern Africa: www.aasa.za.net<br />

<strong>South</strong> <strong>African</strong> Heavy Haul Association: www.saheavyhaul.co.za<br />

lead with the establishment<br />

of a Mobility Department.<br />

Large amounts of money<br />

are to be spent on various<br />

forms of public transport in<br />

the short term. Investments<br />

in rapid transit systems in the<br />

big metropolitan areas are<br />

being followed by cities such<br />

as Polokwane and Rustenburg.<br />

In Limpopo’s provincial capital<br />

of Polokwane, operations<br />

of the Leeto La Polokwane<br />

public transport system were<br />

launched in 2021.<br />

The <strong>South</strong> <strong>African</strong><br />

Department of Transport<br />

has several agencies and<br />

businesses reporting to it.<br />

Among them are Air<br />

Traffic and Navigation Services<br />

Company, Airports Company<br />

<strong>South</strong> Africa (ACSA), National<br />

Transport Information System,<br />

Road Accident Fund, <strong>South</strong><br />

<strong>African</strong> Civil Aviation Authority,<br />

<strong>South</strong> <strong>African</strong> Maritime Safety<br />

Authority (SAMSA), <strong>South</strong><br />

<strong>African</strong> National Roads Agency<br />

Limited (SANRAL) and Passenger<br />

Rail Agency of SA (PRASA).<br />

<strong>South</strong> Africa has 22 000km<br />

of railway lines and 747 000km<br />

of roads, 325 019 heavy-load<br />

vehicles and the road freight<br />

industry employs 65 000 drivers.<br />

There are 135 licensed airports<br />

in the country, 10 of which have<br />

international status. ■<br />

SOUTH AFRICAN BUSINESS <strong>2024</strong><br />

46<br />

PHOTO: Airlink

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