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South African Business 2024

  • Text
  • Sustainable
  • Development
  • Investment
  • Africa
  • Economy
  • Business
  • Southafrica
  • Sectors
  • Northern
  • Infrastructure
  • Renewable
  • Tourism
  • Economic
  • Sector
  • Mining
  • Cape
  • African
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.

SPECIAL FEATURE SPECIAL

SPECIAL FEATURE SPECIAL FEATURE Northern Cape Northern Cape Capital: Kimberley Capital: Main towns: Kimberley Douglas, Upington, Main De Aar, towns: Port Nolloth, Douglas, Colesberg Upington, De Aar, Port Nolloth, Colesberg Population: 1 185 600 (2015) Population: Area: 372 889km² 1 185 600 (30.5% (2015) of Area: South 372 Africa) 889km² (30.5% of South Africa) Premier: Premier: Dr Zamani Saul (ANC) Dr Zamani Saul (ANC) Key sectors: Agriculture, mining, Key renewable sectors: energy, Agriculture, astronomy. mining, renewable energy, astronomy. Infrastructure: Upington Industrial Park, Sol Plaatje University, Infrastructure: Vaalharts Irrigation Upington Scheme, Special Economic Square Kilometre Zone, Sol Array Plaatje telescope University, project, Namakwa Vaalharts Special Irrigation Scheme. Economic Zone. Notable tourism assets: Six national parks including the Notable Kgalagadi tourism Transfrontier assets: Park, Six national Orange River, parks spring including flower the Kgalagadi displays, diamond Transfrontier routes. Park, Orange River, spring flower displays, diamond routes. Provincial government website: www.northern-cape.gov.za Department of Economic Development and Tourism: www.northern-cape.gov.za/dedat North West North West Capital: Mahikeng Capital: Main towns: Mahikeng Klerksdorp, Main Rustenburg, towns: Klerksdorp, Brits, Potchefstroom Rustenburg, Brits, Potchefstroom Population: 3 707 000 (2015) Population: Area: 104 882km² 3 707 000 (8.6%(2015) of Area: South 104 Africa) 882km² (8.6% of South Africa) Premier: Premier: Bushy Maape Professor (ANC) Tebogo Job Mokgoro (ANC) Key sectors: Mining, agriculture, Key agri-processing, sectors: Mining, automotive agriculture, agri-processing, components. automotive components. Infrastructure: Hartbeespoort Infrastructure: Dam, Pelindaba Hartbeespoort nuclear research Dam, unit, North-West Pelindaba nuclear University, research unit, Bakwena North Platinum West University, Highway. Bakwena Platinum Highway. Notable tourism assets: Sun City, Mmbatho Palms Hotel Casino Notable Convention tourism Resort, assets: Pilanesberg Sun City, Mmbatho National Park, Palms 18 Hotel luxury Casino lodges in Convention Madikwe Game Resort, Reserve. Pilanesberg National Park, 18 luxury lodges in Madikwe Game Reserve. Provincial government website: Provincial www.nwpg.gov.za government website: www.nwpg.gov.za North West Development North Corporation: West Development www.nwdc.co.za Corporation: www.nwdc.co.za Western Cape Western Cape Capital: Cape Town Capital: Main towns: Cape Stellenbosch, Town Main George, towns: Plettenberg Stellenbosch, Bay, Beaufort George, West, Oudtshoorn, Plettenberg Worcester, Bay, Beaufort West, Malmesbury Oudtshoorn, Worcester, Malmesbury Population: 6 200 100 (2015) Population: Area: 129 462km² 6 200 100 (10.6% (2015) of Area: South 129 Africa) 462km² (10.6% of South Africa) Premier: Premier: Alan Winde (DA) Alan Winde (DA) Key sectors: Agriculture, agriprocessing, sectors: wine Agriculture, and grapes, agri- Key processing, financial services, wine and manufacturing, grapes, financial tourism, oil services, and gas, manufacturing, boatbuilding. tourism, Infrastructure: oil and Ports gas, of boatbuilding. Cape Town, Infrastructure: Saldanha and Mossel Ports of Bay, Cape Mossgas Town, oil-to-gas Saldanha refinery, and Cape Mossel Town Bay, Mossgas International oil-to-gas Airport, refinery, Cape Town Cape Town International International Convention Airport, Centre, Cape Town Koeberg International nuclear power Convention station. Centre, Notable Koeberg tourism nuclear assets: Table power station. Mountain, Garden Route National Notable Park, Karoo tourism National assets: Park, Table West Mountain, Coast National Garden Park, Route Kirstenbosch National Park, Botanical Karoo Gardens, National Cape Park, Point, West Coast V&A Waterfront, National Park, Plettenberg Kirstenbosch Botanical Bay, Route Gardens, 62, Zeitz Cape Museum Point, of V&A Contemporary Waterfront, Art. Plettenberg Bay, Route 62, Zeitz Museum of Contemporary Provincial government Art. website: www.westerncape.gov.za Provincial Wesgro: www.wesgro.co.za government website: www.westerncape.gov.za Wesgro: www.wesgro.co.za SOUTH AFRICAN BUSINESS 2024 18 SOUTH AFRICAN BUSINESS 2021 2020 18 22

FOCUS Sectoral strengths of South African provinces SECTORAL STRENGTHS OF SOUTH AFRICA’S PROVINCES A wide variety of investments are available. Gauteng: • Financial and business services • Information and communications technology • Transport and logistics • Basic iron and steel, steel products • Fabricated metal products • Motor vehicles, parts and accessories • Appliances • Machinery and equipment • Chemical products, pharmaceuticals North West: • Agro-processing • Mining • Agriculture and agro-processing • Tourism • Metal products • Machinery and equipment • Renewable energy (solar) Northern Cape: • Mining • Agriculture and agro-processing • Fisheries and aquaculture • Renewable energy (solar, wind) • Jewellery manufacturing Limpopo: • Mining • Fertilisers • Tourism • Agriculture • Agro-processing • Energy, including renewables (solar) SPECIAL FEATURE Mpumalanga: • Mining • Tourism • Forestry, paper and paper products, wood and wood products • Agriculture and agroprocessing • Metal products FOCUS KwaZulu-Natal: • Transport and logistics • Tourism • Motor vehicles, parts and accessories • Petrochemicals • Aluminium • Clothing and textiles • Machinery and equipment • Agriculture and agroprocessing • Forestry, pulp and paper, wood and wood products Western Cape: • Tourism • Financial and business services • Transport and logistics • ICT • Agriculture and agro-processing • Fisheries and aquaculture • Petrochemicals • Basic iron and steel • Clothing and textiles • Renewable energy (solar, wind) Free State: • Agriculture and agro-processing • Mining • Petrochemicals • Machinery and equipment • Tourism Eastern Cape: • Motor vehicles, parts and accessories • Forestry, wood and wood products • Clothing and textiles • Pharmaceuticals • Leather and leather products • Tourism • Renewable energy (wind) Page | 40 Source: Industrial Development Corporation (IDC); The Case for Investing in South Africa, Executive Summary Source: Industrial Development Corporation (IDC) (South African Investment Conference, 2018). SOUTH AFRICAN BUSINESS 2021 19 20 23 SOUTH SOUTH AFRICAN AFRICAN BUSINESS BUSINESS 2020 2024

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