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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 />

beneficiation of aloe and agave lifestyle products. An<br />

investor is sought to inject capital to develop the world’s<br />

highest altitude eco-distillery for the production of spirits<br />

from agave.<br />

Mollometsi (mollo – fire; metsi – water) is an alcoholic<br />

beverage product. Historical and modern techniques<br />

are used to produce and bottle a range of<br />

premium and entry-level “Firewaters” from the agave<br />

plant. The core business will be a Lesotho-based bottling<br />

and distillation plant and packaging, distribution<br />

and sales of Mollometsi.<br />

The business is also looking to establish a fourstar<br />

boutique hotel at a demonstration farm in Botha<br />

Bothe, which will also have a spa and mud baths;<br />

conferencing facility for groups of up to 100 people;<br />

a restaurant and spirit bar for tasting and sales; a<br />

chapel; staff housing; a library and the potential of a<br />

nine-hole golf course. The tourism success of nearby<br />

AfriSki Mountain Resort provides a basis for good<br />

occupancy rates.<br />

• Project size/cost: US$25-million<br />

• Proposed procurement process: Joint Venture –<br />

Management Contract<br />

• Financing status, amount and structure<br />

required: US$25-million in equity<br />

• Government guarantee or involvement: Policy<br />

sponsorship, land allocation, infrastructure, energy<br />

and water supply, visa facilitation for scarce skills.<br />

ICT services<br />

The establishment of a Lesotho Call Centre: call centre<br />

outsourcing is a big business opportunity for developing<br />

countries with a qualified workforce and high<br />

unemployment rates. A country like India has proven<br />

this point. Hosting call centres for foreign organisations<br />

creates job opportunities and grows the economy.<br />

• Project size/cost: Unknown<br />

• Proposed procurement process: Joint Venture –<br />

Technical Partner<br />

• Financing status, amount and structure<br />

required: Equity<br />

• Government guarantee or involvement: Policy<br />

sponsorship, visa facilitation for scarce skills.<br />

Infrastructure: ICT<br />

National Broadband Network (NBN) Initiative:<br />

for the establishment of the Lesotho Shared<br />

Telecommunications Infrastructure Company, a<br />

telecommunications infrastructure investor – a<br />

strategic partner – is sought to partner with the LNDC<br />

(anchor investor) and the Lesotho Telecommunications<br />

service providers. The scope of the NBN is to consolidate<br />

available telecoms infrastructure, expand<br />

the consolidated base and make it available on an<br />

open-access, non-discriminatory and uniform pricing<br />

basis to a large number of service providers. To<br />

ensure international communication price efficiency,<br />

it is proposed to consolidate multiple international<br />

capacity links into the NBN. The NBN will also deploy<br />

additional ICT infrastructure to stimulate bandwidth<br />

demand in the form of an e-government program,,<br />

inclusive of data centre and call centre infrastructure.<br />

Capital required by the NBN will be raised against<br />

the shareholder balance sheets as well as long term<br />

off-take agreements for use of infrastructure by<br />

existing operators.<br />

• Project size/cost: US$150-million<br />

• Proposed procurement process: Joint Venture –<br />

Technical Partner<br />

• Financing status, amount and structure<br />

required: US$150-million in equity<br />

• Government guarantee or involvement: Policy<br />

sponsorship, visa facilitation for scarce skills.<br />

CONTACT INFO<br />

Lesotho National Development Corporation<br />

Address: Development House, P Bag A96,<br />

Kingsway Road, Maseru 100<br />

Contact person: Marina Bizabani, Foreign<br />

Investment Manager<br />

Tel: +266 22 312012<br />

Email: bizabani@lndc.org.ls or ip@lndc.org.ls<br />

Website: www.lndc.org.ls<br />

29 SOUTH AFRICAN BUSINESS <strong>2018</strong>

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