South African Business 2016 edition

INVEST IN THE PROVINCE

INVEST IN THE PROVINCE OF THE RISING SUN ECONOMY • Strategic location in world market. • Sound macro-economic policies and rapid liberalization of trade & investment market. • Stable political environment & government commitment to investment facilitation. • A large, growing domestic market and good access to African and Indian Ocean markets. INFRASTRUCTURE • Modern infrastructure and transport. • Cutting-edge technology and sophisticated financial markets. • World-class telecommunications & ICT. • Strategically located Nkomazi Special Economic Zone. CORPORATE • Modern banking and financial services. • 100% ownership permitted. • Liberal repatriation of profits. • Large economically active population. RESOURCES & OPPORTUNITIES • Rich in natural resources. • Self-sufficiency in agriculture. • Diverse and cost-efficient mineral and agro-industry inputs. LIFESTYLE • Unparalleled quality of life. • Good medical facilities. • High-quality, well-priced residential housing. • University of Mpumalanga. MPUMALANGA ECONOMIC GROWTH AGENCY THE MPUMALANGA ECONOMIC GROWTH AGENCY (MEGA) IS THE OFFICIAL TRADE AND INVESTMENT PROMOTION ARM OF THE PROVINCIAL GOVERNMENT OF MPUMALANGA. OUR VALUE PROPOSITION • We are experts on the economy of Mpumalanga and the investment opportunities it offers. • We use our knowledge of the province to package investment opportunities that have a high probability of success. • We have strong capabilities in all areas related to the total investment value chain. • We have solid alliances and partnership relationships with a range of investors and other potential contributors to the investment process. • We are focused on customer needs and provide innovative solutions with a high level of service. TRADE PROMOTION • Export & import enquiries. • Government export incentives. • Market information & contact details. • Custom duties, tariff headings & foreign trade documentary requirements. • Market research / export publications. • Regional trading issues and preferential trade agreements. • Foreign & local trade fairs and exhibitions. • Contact with foreign and bilateral chambers of commerce and South African trade representatives abroad. • Inward & outward trade missions. INVESTMENT • Provide accurate and latest market information and facilitate feasibility studies. • Assist with applications for incentives and claiming relocation costs. • Assist with work permits, obtaining factory space/land & facilitate finance. • Facilitate joint ventures. • Fast track applications. MBOMBELA OFFICES T. +27 13 755 6328 | F. +27 13 755 6239 MPUMALANGA JOHANNESBURG REGIONAL OFFICE T. +27 11 783 4907/9 | F. +27 11 783 5912 www.mega.gov.za trade-invest@mega.gov.za

OVERVIEW PERSONAL & GENERAL GOVERNMENT SERVICES 16.1% FINANCE, REAL ESTATE & BUSINESS SERVICES 13.4% TRANSPORT, STORAGE & COMMUNICATION 9.6% WHOLESALE, RETAIL, MOTOR TRADE, CATERING & ACCOMMODATION 11.2% CONSTRUCTION 2.5% ELECTRICITY, GAS & WATER 4.7% MANUFACTURING 20.6% MINING & QUARRYING 18.5% AGRICULTURE, FORESTRY & FISHING 3.4% Mpumalanga sector contribution. SOURCE: STATISTICS SOUTH AFRICA. (Continued from page 174) Forestry is extensive around Sabie in the far north of the province. Located near the forests, Ngodwana is the site of one of South Africa’s largest paper mills, Sappi. Natural grazing covers approximately 14% of Mpumalanga. The main products are beef, mutton, wool, poultry and dairy. Mining Extensive mining is done and the minerals found include gold, platinum group metals, silica, chromite, vanadiferous magnetite, argentiferous zinc, antimony, cobalt, copper, iron, manganese, tin, coa and many more. Gold was first discovered in Mpumalanga province in 1883 by Auguste Roberts in the mountains surrounding what is now Barberton. Gold is still mined in the Barberton area today. Mpumalanga accounts for 83% of South Africa’s coal production. 90% of South Africa’s coal consumption is used for electricity generation and the synthetic fuel industry. Coal power stations are in proximity to the coal deposits. A coal liquefaction plant in Secunda is one of the country’s two petroleum-fromcoal extraction plants, which is operated by the synthetic fuel company Sasol. Economic future The Khanyisa power project will be the first of its kind using circulating fluidised-bed (CFB) technology. This innovation takes place during the combustion process where a turbulent mixing of gasses and solids provides more effective chemical reactions and heat transfer. Anglo American Thermal Coal chose Kleinkopje colliery as the site for the power plant. The project manager Julian Eslait explained the challenges of choosing a site for the plant: ‘Identifying a non-undermined stable site big enough for the power station and close enough to fuel and water sources was a challenge.’ The plant will generate 450MW of power and is set to be fully operational by 2015. MPUMALANGA www.mpumalanga.gov.za Capital Population Area Premier Mbombela (Nelspruit) 4,283,900 (2015) 76 495 km 2 David Mabuza (ANC) Languages isiNdebele, siSwati, isiZulu 183 SOUTH AFRICAN BUSINESS 2016