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Free State Business 2023

  • Text
  • Crops
  • Agriculture
  • Goldmining
  • Gold
  • Diamondmining
  • Mining
  • Industria
  • Investment
  • Business
  • Freestate
  • Incentives
  • Investors
  • Sector
  • African
  • Manufacturing
  • Programme
  • Industrial
  • Tourism
  • Economic
The 2023 edition of Free State Business is the 13th issue of this successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the Free State. Sasol, one of the biggest industrial enterprises in the province, has announced that it may have found a way to keep running the Natref refinery far into the future, because of new and cleaner technologies that it is investigating. Gold miners Harmony and Sibanye-Stillwater are prospecting for new reefs. And the provincial tourism authorities are putting their minds to creating new ways of attracting new local tourists to various eco-tourism products. All of these news items and more are contained in the sector overviews that outline the characteristics of the main economic sectors of the province, and report on the latest news in those sectors as well. One of the most active sectors is a new one – natural gas and helium, which is being vigorously pursued by Renergen through its Virginia Gas Project. Significant investments are being attracted into the newly-established Maluti-A-Phofung Special Economic Zone (MAP SEZ) in the northern part of the province and a steel mill is under construction at the Botshabelo Industrial Park east of Bloemfontein. Special features on investment incentives and starting a business are included in this edition.

SPECIAL FEATURE in the

SPECIAL FEATURE in the country, the Mangaung municipal area covers more than 6 263km² and has a population of about 850 000 people. Bloemfontein is responsible for about 25% of provincial GDP. Xhariep District Municipality Towns: Trompsberg, Zastron, Philipollis, Smithfield, Wepener The southernmost region of the Free State is a largely dry area with open grasslands predominating, although it is also home to the Gariep Dam. The dam is also the site of small hydro-power and aquaculture projects. The nearby Tussen die Riviere Nature Reserve and the Mynhardt Game Reserve are popular. Crops are produced in the northern parts of the district and sheep farming is the biggest activity in the south. Diamonds, gravel and clay are mined at Koffiefontein. Jagersfontein is one of the first places where diamonds were found. Lejweleputswa District Municipality Towns: Welkom, Virginia, Boshof, Christiana, Bultfontein, Bothaville Mining is the most important economic activity in this area, also known as the Free State Goldfields, but it is also the most important maize-growing area in South Africa. A large natural gas field has been discovered on what used to be gold turf. Bothaville hosts the annual NAMPO maize festival and the headquarters of Grain SA. Welkom is the major urban centre in the district. The area has tourist assets such as a holiday resort on the Allemanskraal Dam, the Goldfields Wine Cellar in Theunissen and the Willem Pretorius Game Reserve. Fezile Dabi District Municipality Towns: Sasolburg, Parys, Kroonstad, Frankfort, Heilbron, Viljoenskroon The chemical complex at Sasolburg is the economic driver in the district, which shares a border with Gauteng province along the Vaal River. Kroonstad is the district’s second-largest town and has a number of engineering works and a railway junction. A good proportion of South Africa’s grain crop is sourced from this district and when the vast fields of sunflowers and cosmos flowers are in bloom, a marvellous vista is created. The Vaal River presents opportunities for yachting, rafting and resort-based enterprises. Parys is a charming town and Vredefort is home to a World Heritage Site – the Vredefort Dome where a meteor crashed to earth. Fezile Dabi District Municipality is the biggest contributor towards the provincial GDP, accounting for approximately 35%. The Fezile Dabi area is mostly dominated by the industrial power of Sasol, with the manufacturing of refined petroleum, coke and chemical products adding largely to its GDP. Thabo Mofutsanyana District Municipality Towns: Phuthaditjhaba, Bethlehem, Ladybrand, Clarens, Harrismith, Ficksburg Tourism and fruit farming are the two principal economic activities of this area which is characterised by beautiful landscapes: the Maluti and the Drakensberg mountain ranges, wetlands in the north, well-watered river valleys and the plains of the north and west. The most famous asset is the Golden Gate National Park. Industrial activity is undertaken at Harrismith and Phuthaditjhaba, where the Free State Development Corporation is promoting investment. The Maluti-A-Phofung Special Economic Zone (MAP SEZ) at Harrismith is a multi-modal transport and logistics hub. The commercial centre of the district is Bethlehem while Clarens and Ficksburg have become famous for their artists and cherries respectively.■ A sign of the (nearly) post-Covid times. Bloemfontein’s Windmill Casino reopened with fanfare. Credit: Sun International. FREE STATE BUSINESS 2023 12

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