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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A REGIONAL OVERVIEW OF<br />
KWAZULU-NATAL<br />
Two new economic trends will benefit the economy<br />
of KwaZulu-Natal and attract investors to<br />
<strong>South</strong> Africa’s east coast: the Oceans Economy<br />
and the move to gas.<br />
KwaZulu-Natal is famous for its tourism offering<br />
that ranges from the majestic Drakensberg mountains<br />
to the beautiful beaches along the Indian<br />
Ocean, but the province is also home to thousands<br />
of manufacturing concerns that play a major role in<br />
<strong>South</strong> Africa’s economy.<br />
With two of the country’s busiest ports, Richards<br />
Bay and Durban, the province plays a vital role in<br />
national logistics and international trade.<br />
The Port of Durban’s annual throughput of containers<br />
is about one-million, more than 60% of the<br />
country’s total. A priority is to improve loading and<br />
unloading times. The Port of Richards Bay is the main<br />
coal export harbour and has added a new berth on<br />
average every second year. Six cargo handling terminals<br />
handle 60% of <strong>South</strong> Africa’s seaborne cargo.<br />
The Dube TradePort (DTP) helps to drive economic<br />
growth. It is home to the King Shaka International<br />
Airport, an agricultural greenhouse, a cargo terminal<br />
and various other sections relating to trade, business<br />
and transport, all on 3 000ha of land north of<br />
Durban. DTP has attracted a R2-billion foreign direct<br />
investment through Indian business conglomerate<br />
Action Group and is making a solid contribution to<br />
KwaZulu-Natal’s economy.<br />
The province has shown considerable growth in<br />
the business services, transport and retail sectors.<br />
Manufacturing in KwaZulu-Natal makes up almost<br />
a third of <strong>South</strong> Africa’s capacity.<br />
Key sectors<br />
Manufacturers such as Unilever, RCL and Clover have<br />
a big presence in KwaZulu-Natal. Illovo Sugar and the<br />
Tongaat-Hulett Group are international companies<br />
with substantial sugar-cane holdings, manufacturing<br />
plants and downstream beneficiation. Tongaat is<br />
also a significant property developer in the province<br />
and is active in several large projects.<br />
KwaZulu-Natal industries are major exporters.<br />
Steel, iron and aluminium account for nearly a third<br />
of exports followed by metal products and automotive<br />
and automotive components. Chemicals is the<br />
other major export-driver.<br />
In the base-metals and metal-products sectors,<br />
companies such as Hulamin, ArcelorMittal and<br />
Assmang have a big presence in the province. Toyota<br />
SOUTH AFRICAN BUSINESS <strong>2018</strong><br />
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