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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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SPECIAL FEATURE<br />

SPECIAL SPECIAL FEATURE<br />

FEATURE<br />

KwaZulu-Natal<br />

Capital: Pietermaritzburg<br />

Main towns: Durban, Newcastle,<br />

Ballito, Port Shepstone,<br />

Empangeni, Ulundi<br />

Population: 10 919100 100 (2015)<br />

Area: 125 755km² (7.7% of<br />

of <strong>South</strong> <strong>South</strong> Africa) Africa)<br />

Premier:<br />

Premier: Nomusa Dube-Ncube (ANC)<br />

Sihle Zikalala (ANC)<br />

Key sectors: Chemicals, dissolving<br />

Key pulp sectors: manufacture, Chemicals, sugar, dissolving forestry,<br />

pulp automotive, manufacture, textiles sugar, and forestry, footwear,<br />

automotive, mining, oil textiles and gas, and logistics. footwear,<br />

mining, Infrastructure: oil and gas, King logistics. Shaka<br />

Infrastructure: International King Airport, Shaka Dube<br />

International<br />

TradePort, Richards<br />

Airport, Dube<br />

Bay Industrial<br />

TradePort,<br />

Richards<br />

Development<br />

Bay Industrial<br />

Zone,<br />

Development<br />

ports of<br />

Zone,<br />

Richards<br />

ports<br />

Bay<br />

of Richards<br />

and Durban,<br />

Bay and<br />

Albert<br />

Durban,<br />

Luthuli International<br />

Albert Luthuli International<br />

Convention<br />

Convention<br />

Centre Complex.<br />

Centre Complex.<br />

Notable<br />

Notable<br />

tourism<br />

tourism<br />

assets:<br />

assets:<br />

HluhluweiMfolozi<br />

HluhluweiMfolozi<br />

Park,<br />

Park,<br />

the<br />

the<br />

Drakensberg<br />

Drakensberg<br />

mountains,<br />

mountains,<br />

iSimangilso<br />

iSimangaliso<br />

Wetlands<br />

Wetland<br />

Park,<br />

Park,<br />

Durban<br />

Durban<br />

beaches,<br />

beaches,<br />

<strong>South</strong><br />

<strong>South</strong><br />

Coast,<br />

Zulu<br />

Coast,<br />

cultural<br />

Zulu<br />

heritage,<br />

cultural<br />

historical<br />

heritage,<br />

historical battlefields.<br />

battlefields.<br />

Provincial government website:<br />

Provincial government website:<br />

www.kznonline.gov.za<br />

www.kznonline.gov.za<br />

Trade and Investment KwaZulu-<br />

Trade and Investment KwaZulu-<br />

Natal: www.tikzn.co.za<br />

Natal: www.tikzn.co.za<br />

Limpopo<br />

Capital: Polokwane<br />

Main towns: Musina, Ba-Phalabora,<br />

Ba-Phalabora, Bela-Bela, Steelpoort, Bela-Bela, Tzaneen,<br />

Steelpoort, Thohoyandou Tzaneen, Thohoyandou<br />

Population: 5 726 800 (2015)<br />

Area: 125 755km² (10.2% of<br />

of <strong>South</strong> <strong>South</strong> Africa) Africa)<br />

Premier:<br />

Premier: Chupu Stanley Mathabatha (ANC)<br />

Chupu Stanley Mathabatha (ANC)<br />

Key sectors: Mining, agriculture,<br />

Key tourism, sectors: logistics. Mining, agriculture,<br />

tourism, logistics.<br />

Infrastructure: Musina-Makhado<br />

Infrastructure: Special Economic Musina-Makhado<br />

Zone,<br />

Special<br />

Fetakgomo-Tubatse<br />

Economic Zone,<br />

Special<br />

N1<br />

highway<br />

Economic<br />

and<br />

Zone,<br />

rail<br />

N1<br />

network,<br />

highway<br />

new<br />

and<br />

Medupi<br />

rail network,<br />

power<br />

new<br />

station.<br />

Medupi power<br />

station.<br />

Notable<br />

Notable<br />

tourism<br />

tourism<br />

assets:<br />

assets:<br />

Kruger<br />

Kruger<br />

National<br />

National<br />

Park,<br />

Park,<br />

Mapungubwe<br />

Mapungubwe<br />

Heritage<br />

World Heritage<br />

Site, Makapans<br />

Site, Makapans<br />

Valley,<br />

Marula<br />

Valley, Marula<br />

Festival,<br />

Festival,<br />

Waterberg<br />

Waterberg<br />

Biosphere.<br />

Biosphere.<br />

Provincial government website:<br />

Provincial government website:<br />

www.limpopo.gov.za<br />

www.limpopo.gov.za<br />

Limpopo Economic<br />

Limpopo Economic Development<br />

Development Agency:<br />

Agency: www.lieda.gov.za<br />

www.lieda.gov.za<br />

Mpumalanga<br />

Capital: Mbombela<br />

Main towns: Emalahleni,<br />

Middelburg,<br />

Middelburg, Sabie,<br />

Sabie,<br />

Lydenburg<br />

Lydenburg<br />

Population:<br />

Population: 4<br />

283<br />

283<br />

900<br />

900<br />

(2015)<br />

(2015)<br />

Area: 76 495km² (6.3% of<br />

Area: 76 495km² (6.3%<br />

<strong>South</strong> Africa)<br />

of <strong>South</strong> Africa)<br />

Premier:<br />

Refilwe Premier: Mtshweni-Tsipane (ANC)<br />

Refilwe Mtshweni-Tsipane (ANC)<br />

Key sectors: Agriculture, forestry,<br />

mining, steel manufacturing,<br />

petrochemicals,<br />

Key sectors: Agriculture,<br />

pulp and<br />

forestry,<br />

paper,<br />

power mining, generation, steel manufacturing, tourism.<br />

petrochemicals, pulp and paper,<br />

Infrastructure: power generation, Nkomazi tourism. Special<br />

Economic Infrastructure: Zone, Nkomazi Mbombela Special<br />

International Economic Zone, Fresh Mbombela Produce<br />

Market, International Maputo Fresh Development<br />

Produce<br />

Corridor, Market, Maputo Kruger Development<br />

Mpumalanga<br />

International Corridor, Kruger Airport. Mpumalanga<br />

International Airport.<br />

Notable tourism assets: Kruger<br />

National Park, Blyde River Canyon,<br />

Canyon, Barberton Barberton Makhonjwa Makhonjwa Mountains<br />

Mountains (a UNESCO World (a UNESCO Heritage World Site).<br />

Heritage Site).<br />

Provincial government website:<br />

Provincial www.mpumalanga.gov.za<br />

government website:<br />

www.mpumalanga.gov.za<br />

Mpumalanga Economic Growth<br />

Mpumalanga Agency: www.mega.gov.za<br />

Economic Growth<br />

Agency: www.mega.gov.za<br />

21 17 2021<br />

17<br />

SOUTH SOUTH AFRICAN AFRICAN BUSINESS BUSINESS 2020 <strong>2024</strong>

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