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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SPECIAL FEATURE<br />
Trends<br />
There are several areas in which new or revitalised<br />
sectors are providing employment and creating new<br />
opportunities:<br />
• tourists are visiting <strong>South</strong> Africa in record numbers<br />
• the successful renewable energy private investor<br />
programme is due to be restarted<br />
• companies are trading into Africa with considerable<br />
success<br />
• niche agricultural markets are booming with macadamia<br />
nuts being the most successful. Wine and<br />
grape exports to China also hold great potential.<br />
• several provincial governments and investment<br />
agencies are establishing trade relations and<br />
study programmes with BRICS countries<br />
• private education (at school and tertiary level) is<br />
a boom sector<br />
• new banking licences have been issued and several<br />
more are in the pipeline<br />
• new stock exchanges came on line in 2017 and<br />
more are expected<br />
• investment in infrastructure (especially ICT and<br />
railways) is strong<br />
• national government has committed to the<br />
National Development Plan (NDP), a blueprint<br />
for how to move the country forward. Part of that<br />
plan entails setting up deliverable schemes, such<br />
as the Strategic Integrated Projects.<br />
Strategic Integrated Projects (SIPs)<br />
The National Department of Economic Development<br />
is responsible for economic planning. It has set<br />
out a list of 18 major projects called the Strategic<br />
Integrated Projects (SIPs) which are intended to spur<br />
growth and development in a sector or geographical<br />
area. The focus is spread across seven primary<br />
concerns to be addressed: geographic focus (five<br />
SIPs), spatial (three), energy (three), social infrastructure<br />
(three), knowledge (two), regional integration<br />
(one), water and sanitation (one).<br />
They cover all nine provinces with an emphasis<br />
on areas that need more investment, and focus on<br />
economic and social infrastructure. The 18 projects<br />
themselves contain many smaller plans and<br />
projects, each with budgets and deadlines. These<br />
projects are:<br />
1. Unlocking the Northern Mineral Belt with<br />
Waterberg as the catalyst<br />
2. The Durban-Free State-Gauteng Logistics and<br />
Industrial Corridor<br />
3. <strong>South</strong>-eastern node and corridor development<br />
4. Unlocking the economic opportunities in North<br />
West Province<br />
5. Saldanha-Northern Cape Development Corridor<br />
6. Integrated Municipal Infrastructure Project<br />
7. Integrated Urban Space and Public Transport<br />
Programme<br />
8. Green energy in support of the <strong>South</strong> <strong>African</strong><br />
economy<br />
9. Electricity generation to support socio-economic<br />
development<br />
10. Electricity transmission and distribution for all<br />
11. Agri-logistics and rural infrastructure<br />
12. Revitalisation of public hospitals and other<br />
health facilities<br />
13. National school build programme<br />
14. Higher education infrastructure<br />
15. Expanding access to communication<br />
technology<br />
16. SKA and MeerKat (international radio astronomy<br />
project)<br />
17. Regional Integration for <strong>African</strong> cooperation and<br />
development<br />
18. Water and Sanitation Infrastructure Master Plan.<br />
To illustrate how many projects are undertaken<br />
in support of an SIP, there has been a lot of action to<br />
support the overall goal of creating an integrated logistics<br />
corridor between Durban and Johannesburg<br />
(SIP 2). Projects within the SIP include:<br />
SOUTH AFRICAN BUSINESS <strong>2018</strong><br />
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