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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REGION<br />
Refined petroleum was the single biggest earner<br />
for the Western Cape in 2015, with exports valued at<br />
R18.2-billion (Wesgro).<br />
The province has a diverse manufacturing sector<br />
ranging from textiles, clothing, footwear and<br />
furniture to coke and refined petroleum products.<br />
Several significant foreign investments have been received<br />
into the Western Cape in recent years: Hisense,<br />
GlaxoSmithKline and Kimberly-Clark, among others.<br />
Saldanha on the West Coast is one of <strong>South</strong> Africa’s<br />
busiest ports. Apart from being home to several trawler<br />
fleets, it is the principal iron-ore export port and is<br />
gearing itself to service the continent’s oil and gas<br />
industry and to be a steel manufacturing hub. Mining<br />
is becoming an increasingly important sector, with<br />
titanium, zirconium, phosphate and limestone being<br />
among the most important finds.<br />
Nearly 70% of <strong>South</strong> Africa’s wine comes from<br />
the Cape Winelands District area (Stellenbosch, Paarl,<br />
Robertson). A good percentage of this wine is exported<br />
but the wine estates themselves attract tourists.<br />
Tourism in the Winelands has matured beyond<br />
day-trips from Cape Town to incorporate wellness<br />
spas, adventure tourism and even game farms boasting<br />
the Big Five.<br />
Manufacturing is concentrated on processing<br />
grapes and fruit into wine, juice, brandy, dried<br />
and tinned fruit products. Dairy manufacturer<br />
Parmalat has an award-winning cheese-making facility<br />
in Bonnievale. Robertson is known for roses and<br />
thoroughbred horses. Stellenbosch is home to its<br />
eponymous university and houses the headquarters<br />
of several large companies.<br />
Mossel Bay is home to <strong>South</strong> Africa’s main gas processing<br />
plant while George is a node of manufacturing,<br />
trade and administration. Knysna and Plettenberg<br />
Bay are favoured tourist destinations.<br />
The Klein Karoo has its own wine route, and contains<br />
the country’s Port Capital in Calitzdorp, which<br />
hosts an annual festival to celebrate its main product.<br />
Fruit, vegetables and ostriches are other main<br />
products of the Klein Karoo.<br />
Economic future<br />
According to the provincial treasury, the fast-growing<br />
sectors to 2020 will be construction, financial services<br />
(and real estate and business services) and transport,<br />
storage and communication. Financial services is<br />
expected to make the biggest contribution overall.<br />
The Provincial Government of the Western Cape<br />
and the private sector are collaborating to support<br />
projects that will best boost economic growth and<br />
create jobs: it is called Project Khulisa and it is due to<br />
run to 2019. Sector examples include:<br />
Oil and gas<br />
With the number of oil rigs passing around the Cape<br />
on their way either to the rich fields on both sides of<br />
Africa, this is a sector that can grow exponentially.<br />
Saldanha Bay has been identified as a hub for rig repair.<br />
Tourism<br />
The sector already contributes R17-billion to the provincial<br />
economy and jobs are created quite quickly<br />
in this sector. A project to increase the number of<br />
seats available on aeroplanes flying into Cape Town<br />
International Airport, Cape Town Air Access, has<br />
reaped remarkable success. Bidding for big events like<br />
the World Rugby Sevens tournament has also paid off.<br />
Agri-processing<br />
By playing to the Western Cape’s strengths, which<br />
include an excellent reputation for fruit and wine<br />
in the international market, the province wants to<br />
take the agri-processing sector beyond the R12-<br />
billion that the sector already contributes to the<br />
local economy.<br />
Capital<br />
Cape Town<br />
Population 6 200 100<br />
Area 129 462km 2<br />
Premier<br />
Languages<br />
Helen Zille (DA)<br />
Afrikaans, English, Xhosa<br />
159 SOUTH AFRICAN BUSINESS <strong>2018</strong>