South African Business 2018 edition
Welcome to the sixth 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. Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as sustainability and African trade provide unique insights, together with an interview with the newly elected chairman of the African Association of Automotive Manufacturers, Mr Thomas Schaefer. Another special feature focusses on an exciting project to transform South Africa’s small harbours and coastal properties. 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. 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 Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as sustainability and African trade provide unique insights, together with an interview with the newly elected chairman of the African Association of Automotive Manufacturers, Mr Thomas Schaefer. Another special feature focusses on an exciting project to transform South Africa’s small harbours and coastal properties. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. Visit www.globalafricanetwork.com for more business and investment news, opportunities and events.
Welcome to the sixth 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.
Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as sustainability and African trade provide unique insights, together with an interview with the newly elected chairman of the African Association of Automotive Manufacturers, Mr Thomas Schaefer. Another special feature focusses on an exciting project to transform South Africa’s small harbours and coastal properties.
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.
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
Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. Feature articles on topical issues such as sustainability and African trade provide unique insights, together with an interview with the newly elected chairman of the African Association of Automotive Manufacturers, Mr Thomas Schaefer. Another special feature focusses on an exciting project to transform South Africa’s small harbours and coastal properties.
South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. Visit www.globalafricanetwork.com for more business and investment news, opportunities and events.
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OVERVIEW<br />
Tourism<br />
Ten-million tourists visited <strong>South</strong> Africa in 2016.<br />
Growth of close to 4% propelled <strong>South</strong> Africa’s incoming<br />
tourist arrivals to over 10-million in 2016, with year-on-year<br />
statistics from China showing an increase of 38%.<br />
The Indian market grew by 22% and Africa accounted<br />
for about 7.5-million of the visitors. The UK remains the number-one<br />
source of overseas tourists with more than 400 000 visitors in 2016,<br />
followed by the US and Germany.<br />
There are 711 745 people employed in the tourism industry, with<br />
road transport (29%), food and beverages (20%) and accommodation<br />
(19%) absorbing the largest numbers. The sector contributes 9% to<br />
<strong>South</strong> Africa’s gross domestic product (GDP) and the national tourism<br />
ministry wants to increase that.<br />
The rise in tourist numbers follows determined efforts by national<br />
and provincial tourism bodies to promote the country. In Mpumalanga,<br />
links to BRICS countries have yielded results and in KwaZulu-Natal<br />
there has been a strong focus on the meetings, incentives, conference<br />
and exhibition sector (MICE). A dedicated unit within the KZN<br />
Tourism Authority, the Convention Bureau, has booked more than 50<br />
events and conferences since 2012, bringing about R3-billion into the<br />
provincial economy.<br />
A Western Cape project to increase the number of seats on routes<br />
to and from Cape Town called Cape Town Air Access has been<br />
spectacularly successful. Cape Town International Airport’s capacity<br />
has increased by more than 600 000 seats in the two years that the<br />
programme has been running. Destinations include Turkey, Dubai,<br />
SECTOR INSIGHT<br />
The R500-million Zeitz<br />
Museum of Contemporary<br />
Art will attract international<br />
visitors to Cape Town.<br />
• Cullinan Holdings has<br />
expanded its tourist<br />
offering.<br />
• Cape Town Air Access<br />
has added 600 000 new<br />
aeroplane seats.<br />
Ethiopia, Victoria Falls and the<br />
Netherlands. A big push has been<br />
made to increase access to the US.<br />
Cape Town Air Access is a<br />
partnership between investment<br />
agency Wesgro, the City<br />
of Cape Town, the Western Cape<br />
Provincial Government, Airports<br />
Company <strong>South</strong> Africa, Cape<br />
Town Tourism and <strong>South</strong> <strong>African</strong><br />
Tourism.<br />
SOUTH AFRICAN BUSINESS <strong>2018</strong><br />
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