Views
1 year ago

Free State Business 2021

  • Text
  • Business
  • Invest
  • Investment
  • Infrastructure
  • Economy
  • State
  • Africa
  • Logistics
  • Mining
  • Trends
  • Economic
  • Industrial
  • Manufacturing
  • Tourism
  • Municipality
  • Factory
  • Province
  • Sector
  • Programme
  • Businesses
The 2021 edition of Free State Business is the 11th issue of this successful publication that, since its launch, has established itself as the premier business and investment guide for the Free State. The Free State has varied investment and business opportunities and the Free State Development Corporation describes some of these in detail in these pages. Drilling for natural gas is a new phenomenon which may spark activity in other sectors and this journal notes significant new investments and projects in the chemicals and mining sectors. The official launch of the Maluti-A-Phofung Special Economic Zone (MAP SEZ) was a significant event for the economy of South Africa’s most centrally located province. Located on the strategically significant N3 highway that links the economic heartland of South Africa to the coast, the MAP SEZ has the potential to attract new investors and spark a revival in the manufacturing sector. In addition, overviews on each of the key economic sectors provide up-to-date information on trends in the mining and tourism sectors, for example. Regular information about the size and nature of each sector is also included.

ADVERTORIAL see money

ADVERTORIAL see money differently MONEY EXPERTS BRINGING 21ST-CENTURY BANKING TO LIMPOPO AND MPUMALANGA Claude Keena, Nedbank Provincial Sales Manager for Limpopo and Mpumalanga, says that a deep connection with the community is what underlies his team's personal and professional values. ‘ Based in each community, our teams have a thorough understanding of the local economy and a genuine interest in the success of each client. We believe that our role goes beyond providing banking solutions and we play an active role in empowering the communities in which we operate.’ Keena says that, as money experts who do good, Nedbank strives to empower the workplace employees who drive the Limpopo & Mpumalanga economy by saving them time and money, as well as helping them manage their money better through the Workplace Banking solution. 'We assist clients to save time by providing onsite assistance from our dedicated teams, and we help them save money through our preferential banking packages and our award-winning Financial Fitness and Consumer Education programmes. These interventions assist clients in managing their money better by providing budgeting and money management training, equipping their staff to better deal with everyday money management challenges' And the innovative banking journey continues, ensuring greater value for clients. ‘ We assist clients to save time by providing onsite assistance from our dedicated teams … ’ Our market-leading Money app allows clients to manage accounts and investments, make payments and set savings goals and budgets from their smartphone. Keena adds that working with communities is entrenched in the bank’s values through community development, skills development, education and job creation, as well as environmental conservation. ‘These play a vital role in building a sustainable economy and vibrant society. We believe our fastgrowing presence in communities goes a long way in enabling greater financial inclusion while contributing towards economic growth,' he says. If you are interested in taking your business to the next level through our workplace banking solution and would like more information about Nedbank’s specialised service offering, please contact Claude Keena at claudek@nedbank.co.za or visit www.nedbank.co.za.

ADVERTORIAL see money differently NEDBANK: PARTNERING FOR GROWTH AND SUSTAINABLE AGRIBUSINESSES According to the Agricultural Business Chamber (Agbiz), South Africa’s agricultural sector is not expected to be hit as hard by the Covid-19 pandemic as the global agricultural sector. In fact, thanks to bumper grain and fruit harvests, we could see a 10% year-onyear recovery in GDP in the sector for 2020. The current maize harvest is up 38% from the 2018/19 harvest, and is the secondlargest harvest on record, which means that South Africa remain a net exporter of maize and could also export maize beyond the African continent. While this is good news for an economy entering what’s expected to be the deepest recession on record, the agriculture value chain faces a daunting task: to increase food production by 70% to meet the demands of a global population that is expected to reach nine billion by 2050. As with many economic sectors, it is becoming clear that technology and innovation are the drivers in the establishment of more efficient, productive and sustainable agriculture. Ivor Meeding, Nedbank Regional Manager Agriculture for Mpumalanga, says that Nedbank has created innovative funding solutions designed to support farmers with sustainable farming interventions where the commodity produced or infrastructure itself is used as security. ‘For example, with drought a perpetual threat that South ‘ Nedbank has created innovative funding solutions designed to support farmers with sustainable farming interventions … ’ Africa faces, our funding solutions range from water-efficiency innovations and cutting-edge irrigation to shade-netting, which improves the yield of underperforming crops, protects them from natural hazards and reduces water use.’ Nedbank's purpose is to help clients 'see money differently' and we do this by applying our bigger-picture business banking approach to understand each client’s business and the specific challenges and opportunities they face. This enables us to provide the banking solutions they need, ranging from the innovations mentioned above to short- and long-term financial support,’ he says. If you would like to see how our specialist teams can assist you,orwantmore information, please send email Ivor Meeding at ivorm@nedbank.co.za or visit www.nedbank.co.za/business. Nedbank Ltd Reg No 1951/000009/06. Authorised financial services and registered credit provider (NCRCP16). SPO6014

Other recent publications by Global Africa Network: