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 />
Potential investors<br />
GAAL has identified opportunities for investment<br />
and strategic partnerships on revenue-generating<br />
projects. The Limpopo Investment Conference 2023<br />
has unlocked engagements with potential investors.<br />
PIA is strategically situated at heart of Limpopo,<br />
which makes it the ideal location for the provincial<br />
logistics hub, thus establishment of cargo services<br />
is at the pulse of the turnaround. Other investment<br />
opportunities include resuscitation of the fuel<br />
farm, repurposing of old aircrafts into a restaurant,<br />
refurbishment and operating PR Mphephu Airport,<br />
cold storage facilities, conference facilities, rental of<br />
offices, advertising space and hangars.<br />
The steady and consistent improvements that<br />
are already visible at the airport, coupled with<br />
the plans that are in the turnaround strategy is an<br />
assurance that PIA, GAAL other airports under its<br />
mandate are soaring to their destined glory. ■<br />
Technically advanced facilities<br />
PIA is equipped with two crossing runways<br />
sufficient to accommodate large aircraft of the<br />
size of Boeing 747 and Airbus A346. Runway<br />
05/23 is fully lit with a runway-lighting system<br />
and is equipped with a simple approachlighting<br />
system to complement the RNAV<br />
procedure and to enable access to the airport in<br />
bad weather conditions.<br />
The airport has an apron with parking<br />
capacity of 74 000m² and is able to accommodate<br />
nine B747-type aircraft and 13 B737/A321-type<br />
aircraft. There are 16 hangars of 540m² and one<br />
6 450m² hangar, with the immediate potential<br />
of setting up multi-functional cargo facility and<br />
aircraft maintenance services.<br />
PIA is built on 945 hectares of land, with<br />
potential to acquire more as cargo companies<br />
take up more space.<br />
Airport Rescue and fire-fighting protection<br />
level is currently at category 7, meaning that<br />
the airport can regularly service aircraft in the<br />
categories B737-800 and A320.<br />
Contact details:<br />
Polokwane International Airport<br />
Gateway Drive, Polokwane<br />
Tel: +27 15 288 0122<br />
Website: www.gaal.co.za<br />
PHOTO: Airlink | PHOTO: Pixabay/Pexels<br />
49 SOUTH AFRICAN BUSINESS <strong>2024</strong>
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