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KwaZulu-Natal Business 2019-20 edition

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A unique business and investment guide to KwaZulu-Natal Province in South Africa. The 2019/20 edition of KwaZulu-Natal Business is the 11th issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide for the KwaZulu-Natal Province. In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special feature on the surge in investment in new tourism projects, from casino expansions to the building of a dedicated cruise-liner terminal. Another special feature surveys other large investments in a wide variety of sectors, showing the diversity and strength of the provincial economy. For monthly updates about the region, subscribe at https://www.globalafricanetwork.com/subscribe/ or visit our portal at https://www.globalafricanetwork.com/category/regions/kwazulu-natal/

SPECIAL FEATURE

SPECIAL FEATURE investment is part of a R1.2-billion investment programme which Arçelik Global, the Turkish company, has been following since it bought Defy in 2011. The company has another plant in KwaZulu-Natal in Ezakheni (near Ladysmith) and in East London in the Eastern Cape. In 2018 the eThekwini Metropolitan Municipality decided to apply for a R1-billion load for capital projects. The city’s integrated development plan will include expenditure on water and sanitation infrastructure, roads and electrification projects. Infrastructure throughout the province will attract more than R200-billion to 2025 according to information supplied by the KZN Construction Expo. Major developments north of the city of Durban continue to transform the economy and the landscape. The King Shaka International Airport and the associated Dube TradePort has made a big impact, as has the conversion by sugar giant Tongaat Hulett of its land holdings into property developments. Dube TradePort is a 3 000-hectare development that encompasses the airport and is ideally situated for any logistics business due to its proximity to Africa’s busiest cargo port (at Durban) and 140km from the deepest natural harbour in the southern hemisphere where the Port of Richards Bay and the Richards Bay Industrial Development Zone are located. Dube TradePort is a Special Economic Zone which has: • Dube Cargo Terminal. • Dube Tradezone: Suitable for warehousing, manufacturing, assembling, cargo distribution, etc. • Dube City: 12 hectares of office, retail and hospitality space. • Dube Agrizone: intended to support growing, packaging and distribution high-value perishables and horticultural products. • Dube iConnect: the precinct’s dedicated IT and telecommunications provider and the only locally-hosted cloud service in the province. Industrial parks The Provincial Government of KwaZulu-Natal intends establishing one industrial park within each of the province’s 10 district municipalities, focussing on existing strengths. These industryfocused hubs will attract new investments and help existing businesses through economies of scale and by improving access to markets and supply chains. There is one metropolitan municipality in KwaZulu-Natal. Construction on the industrial park in the eThekwini Metropolitan Municipality, an automobile supplier park, is expected to begin in 2019. In most of the other areas, land has been secured and feasibility studies have been completed. The design of the parks and the provision of infrastructure is currently underway and some tenants have been identified. The Department of Economic Development, Tourism and Environmental Affairs is the implementing agency on behalf of the Provincial Government. By way of example, the iLembe District Municipality will be the focus of investment in renewable energy. The N2 is the main arterial running through the district, giving excellent access to both Durban and Richards Bay. The Dolphin Coast is a major node for tourism. With the King Shaka International Aiport (KSIA) and the Dube TradePort lying just south of the iLembe District in the eThekwini Municipality, a partnership has been created between the two municipalities and the provincial government to develop a renewable energy technology innovation hub. Enterprise iLembe (Pty) Ltd drives investment into the area. At Ndwedwe 26 biodigesters produce gas for cooking as part of the Working for Energy programme of the South African National Energy Development Institute (SANEDI). The Small Harbours and State Coastal Property unit of the National Department of Public Works wants to see coastal properties revitalised. Initiatives are under discussion for Port Edward (new harbour, fish processing, fishing and leisure), Hibberdene (waterfront and a Music City) and Port Shepstone (boat building and repairs and a new economic zone). KWAZULU-NATAL BUSINESS 2019/20 16

Making a real impact As Black Umbrellas, we are passionate about the socio-economic impact we make to our clients and partners. We believe that every rand invested by our partners/donors must yield a positive result and tangible impact. The SMEs we support continue to make significant positive strides to the outlook of this country. Our model is aimed at supporting emerging and existing 100% black-owned businesses through a threeyear incubation programme so that they are able to emerge as independent, viable businesses. KwaZulu-Natal power milestones collectively achieved by our SME clients Turnover Net Profit Jobs Created Salaries Paid Net Asset Value R530 435 388 R65 202 494 1704 R134 118 299 R211 091 877 The success of our programme and SMEs has been recognised by entities such as Zululand Chamber of Commerce and Industry (ZCCI) and Business Women’s Association (BWA). Here a number of our clients have scooped prestigious awards such as the BWA Zululand Emerging Entrepreneur of the year (2016/ 2017), ZCCI Emerging Business of the year (2017), ZCCI Micro Business of the year (2017) as well as the People’s Choice Award at Black Umbrellas’ National Enterprise Development Awards (2018). Contact us today to become an ESD partner as a mentor, donor or advisor: Tel: 035 901 8760 | Email: Tebogo@blackumbrellas.org | Website: www.blackumbrellas.org

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