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 />
Engineering<br />
The renewable energy sector holds great promise for engineering firms.<br />
Several <strong>South</strong> <strong>African</strong> engineering firms are restructuring,<br />
aiming to become more flexible and better able to pursue<br />
projects in other countries in Africa and overseas.<br />
<strong>South</strong> Africa has many vertically integrated engineering<br />
and consulting companies that offer a wide range of services. <strong>South</strong><br />
<strong>African</strong> companies have a presence in <strong>South</strong> American and Australian<br />
mining, <strong>African</strong> energy and infrastructure and Middle Eastern construction<br />
and project management. All of the biggest construction<br />
companies (including Aveng, Aurecon, Raubex and WBHO) are multidisciplinary<br />
companies. WorleyParsons has a minerals, metals and<br />
chemicals project cluster (and a presence in 17 cities) in <strong>South</strong>ern<br />
Africa. Its other major divisions are hydrocarbons and infrastructure.<br />
Group Five, which relies on its engineering and construction division<br />
for 80% of turnover, announced in 2017 that it was to split the<br />
division. The group has more than 8 500 employees in Africa and is<br />
active in Europe.<br />
As part of its plan to become a diversified project engineering, procurement<br />
and construction group in specific natural resource sectors,<br />
Murray & Roberts sold Murray & Roberts Infrastructure and Building<br />
Platform to Firefly Investments for R314-million in 2016. Investors in<br />
Firefly include the Government Employees Pension Fund. The sale does<br />
SECTOR INSIGHT<br />
<strong>South</strong> <strong>African</strong> engineering<br />
companies are restructuring.<br />
• The WorleyParsons<br />
Mining Centre of<br />
Excellence is based in<br />
Johannesburg.<br />
not include a share in the consortium<br />
which runs the Gautrain.<br />
Whereas Murray & Roberts had a<br />
focus on construction and mining<br />
in <strong>South</strong> Africa, the drive is<br />
now more international and focussed<br />
on four sectors: power,<br />
oil and gas, metals and minerals,<br />
and water.<br />
While there are many large<br />
projects to occupy engineers<br />
in <strong>South</strong> Africa, the level of<br />
SOUTH AFRICAN BUSINESS <strong>2018</strong><br />
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