South African Business 2024
Welcome to the 12th 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. A special feature in this journal focusses on the relationship between tertiary education, training and the jobs market. The youth unemployment rate is referenced in a discussion of the various measures that are being taken in the public and private sectors to help prepare young people for work, or to encourage them to start businesses. The role of the country’s Sector Education and Training Authorities (SETAs) is highlighted. Regular pages cover all the main economic sectors of the South African economy. This includes tracking the rapidly evolving renewable energy landscape and reporting on the progress of exploration and discoveries of oil and gas off the coast and on land. Landmarks such as BMW’s 50-year celebration of making cars in South Africa are noted and a snapshot of each of the country’s provinces is provided. 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 and www.southafricanbusiness.co.za. These unique titles are supported by monthly business e-newsletters. The Journal of African Business joined the Global African Network stable of publications as an annual in 2020 and is now published quarterly.
Welcome to the 12th 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.
A special feature in this journal focusses on the relationship between tertiary education, training and the jobs market. The youth unemployment rate is referenced in a discussion of the various measures that are being taken in the public and private sectors to help prepare young people for work, or to encourage them to start businesses. The role of the country’s Sector Education and Training Authorities (SETAs) is highlighted.
Regular pages cover all the main economic sectors of the South African economy. This includes tracking the rapidly evolving renewable energy landscape and reporting on the progress of exploration and discoveries of oil and gas off the coast and on land. Landmarks such as BMW’s 50-year celebration of making cars in South Africa are noted and a snapshot of each of the country’s provinces is provided.
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 and www.southafricanbusiness.co.za. These unique titles are supported by monthly business e-newsletters. The Journal of African Business joined the Global African Network stable of publications as an annual in 2020 and is now published quarterly.
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THE GUIDE TO BUSINESS AND INVESTMENT<br />
IN SOUTH AFRICA<br />
CONTENTS<br />
Construction and property 44<br />
Student accommodation is a growing sector.<br />
Water 45<br />
Solar power is a water solution.<br />
Transport and logistics 46<br />
A regional airport could become an international hub.<br />
Tourism 47<br />
New hotels are being built.<br />
Telecommunications 50<br />
The Competition Commission has blocked a fibre merger.<br />
ICT 52<br />
Retailers are pouring money into digital infrastructure.<br />
Development finance and SMME support 54<br />
The SA SME Fund has launched a venture capital fund.<br />
Education and training 56<br />
Sol Plaatje University celebrated its 10th anniversary in 2023.<br />
Banking and financial services 59<br />
Carbon credits and green investing are catching on.<br />
References<br />
Key sector contents 28<br />
Overviews of the main economic sectors of <strong>South</strong> Africa.<br />
SOUTH AFRICAN<br />
BUSINESS<br />
THE GUIDE TO BUSINESS AND INVESTMENT<br />
SOUTH<br />
IN AFRICAN<br />
BUSINESS<br />
2021 EDITION<br />
<strong>2024</strong> EDITION<br />
ABOUT THE COVER:<br />
Main image: Tsitsikamma Community Wind Farm, Cennergi Services.<br />
Bottom left: fruit packing, ZZ2; Springboks, Muhammad/Brand SA;<br />
Cullinan Diamond Mine, Petra Diamonds; auto worker, BMW Group;<br />
Sasol One, Sasolburg, Sasol.<br />
JOIN US ONLINE WWW.GLOBALAFRICANETWORK.COM | WWW.SOUTHAFRICANBUSINESS.CO.ZA<br />
JOIN US ONLINE WWW.GLOBALAFRICANETWORK.CO.ZA | WWW.SOUTHAFRICANBUSINESS.CO.ZA<br />
SOUTH AFRICAN BUSINESS <strong>2024</strong><br />
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