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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.

KEY SECTORS Overviews of

KEY SECTORS Overviews of the main economic sectors of South Africa Agriculture 30 Mining 32 Energy 36 Oil and gas 38 Engineering 40 Manufacturing: general 42 Manufacturing: automotive 43 Construction and property 44 Water 45 Transport and logistics 46 Tourism 47 Telecommunications 50 ICT 52 Development finance and SMME support 54 Education and skills training 58 Banking and financial services 59 BMW Group headquarters in Midrand, Gauteng. Plant Rosslyn in Pretoria has produced more than 1.6-million vehicles since the company started making cars in South Africa 50 years ago. They have been exported to more than 40 countries worldwide, including 14 African nations. BMW has produced many models and began on the best-selling BMW X3 in 2018. From 2024 the BMW X3 will be made as a plug-in hybrid for export. An investment of R4.2-billion will adapt the factory to electrical specifications. PHOTO: BMW Group

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