Views
4 years ago

KwaZulu-Natal Business 2019-20 edition

  • Text
  • Africa
  • Investdurban
  • Opportunities
  • Regional
  • Development
  • Partnership
  • Ppp
  • Businesstogovernment
  • Businesstobusiness
  • Propertydevelopment
  • Tourism
  • Southafrica
  • Investment
  • Business
  • Banking
  • Province
  • Manufacturing
  • Mondi
  • Economic
  • Sector
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/

CREDIT BELL EQUIPMENT

CREDIT BELL EQUIPMENT OVERVIEW Quality throughout Automotive Mahindra bakkies are being assembled at the Dube TradePort. In 2018 AIH Logistics started assembling Mahindra and Bolero SECTOR INSIGHT bakkies With an from annual kits capacity imported of 60 000 from units India per year on a and site their at position the Dube as a globally respected extra heavy TradePort. duty truck The design 5 000m² and manufacturing plant is owned company, by Automotive KAMAZ relies Investment on strong strategic • The partnerships Bag Ladies with have a Holdings premium (AIH), original which component formed manufacturers AIH Logistics to specifically ensure quality, to deal and with the ongoing success new home of their on vehicles. the site of the Mahindra contract. a tow bar manufacturer. The air-suspended seats and cabs create industry-leading comfort that drives productivity, safety and The ensures intention driver satisfaction. is to make 2 500 bakkies per year, with an option to expand production to 4 000 and to increase sales of bakkies in the South Well matched African engines market. and The drivetrains company bolster sold performance 4 650 bakkies and in the 2018, ability to Richards deliver results Bay while facility stronger of heavyequipment manufacturer Bell about fabricated half of its structures vehicle promote sales in durability. South Africa. Brink Towing Systems is not just supporting a local SMME, it Equipment, upwards of 11 000 is hosting one in its Pietermaritzburg factory. Brink has recently people are employed. Both increased annual capacity to 100 000 units which will mean more companies are market leaders. work Industry for The Bag Ladies, who leading produce protective components bags for the tow Bell is in the process of bars. The Bag Ladies previously repaired clothing and did some bag transferring production of its making, but with their own premises within the Brink facility (and current truck range to its factory advice on business management and the purchase of industrialstrength sewing machines), they can now set their sights higher. in size to accommodate the in Germany, which will double Brink’s largest customer is the Ford Ranger. growing demand for trucks in The Mathe Group’s tyre recycling plant at Hammarsdale has Europe and America. The shift quickly increased capacity to 150 000 used truck tyres per year and will not affect employment Over 2 million engines built Inter-wheel and inter-axle Durable ZF gearboxes deal with Air-conditioned ergonomic intends prove going strength past and reliability. 200 000 differential soon. A lock quarter for increased of the harsh rubber environments. crumb levels cabs at with the air-suspended Richards seats Bay product goes to Van Dyck Floors. traction. Other applications include modified site for because operator comfort. Bell will start bitumen and as a component of artificial grass. assembling Kamaz heavy-duty www.bellequipment.com l 3 Toyota South Africa and Bell Equipment are manufacturing giants. trucks in 2019 for the African Between the Toyota plant at Prospecton south of Durban and the market. Kamaz (pictured), a KWAZULU-NATAL BUSINESS 2019/20 52

OVERVIEW Russian brand that has won 14 Dakar rallies, is known for its reliability in tough conditions. Bell’s intention is to increase the percentage of local components over time. Bell is best known for its heavy equipment which is primarily used in the mining and construction sectors. The listed company reported a 6% rise in revenue for the six months to June 2018, an amount of R3.7-billion. Toyota recently invested a further R6.1-billion into its already very large plant at Prospecton. The company regularly sells about a quarter of the vehicles sold in South Africa, and accounts for the same proportion of export volumes. The Corolla car, the Hilux bakkie and the Fortuner SUV are manufactured at the plant. Powerstar, a Chinese state-owned brand, assembles trucks in Pietermaritzburg on a site formerly used by Super Group. The companies that make Powerstar in Asia are the China North Vehicle Corporation (Norinco Motors) and BEIBEN, who produce about 60 000 heavy-duty commercial duty vehicles every year at their plant in Inner Mongolia. Automotive components KwaZulu-Natal has a substantial and varied automotive components sector which includes large manufacturers such as Apollo Tyres and GUD Filters. Thirty-nine companies are currently members of the Durban Automotive Cluster which is funded by the municipality. Together, these firms have about 17 000 employees. In line with the policy of developing Industrial Economic Hubs, the Durban Automotive Supplier Park is being built at Illovo, south of Durban and near to the Toyota plant. The Dube TradePort Corporation will manage the project, which covers 1 013ha. Other partners are the eThekwini Municipality, Toyota and the provincial government. The aim is to attract car assembly and component manufacturing companies. Trade and Investment KwaZulu-Natal (TIKZN) estimates that the province's component automotive manufacturers enjoy a combined turnover approaching R10-billion. ONLINE RESOURCES Automotive Industry Development Centre: www.aidc.co.za Africa (NAAMSA): www.naamsa.co.za Durban Automotive Cluster: www.dbnautocluster.org.za Manufacturers (NAACAM): www.naacam.co.za National Association of Automotive Component and Allied National Association of Automobile Manufacturers of South Keeping MAN and Toyota supplied is the R300-million operation, Duys Engineering Group. This diverse group of companies includes in its business plan the supply of truck bodies and truck components and has production plants at New Germany (Pinetown) and Richards Bay, from where it services the mining industry. Toyota Boshoku manufactures seats and does the interior trim on contract for Toyota. International company GUD Filters has a big presence in the province. Headquartered in Prospecton, where more than 1 500 people work at one of its factories, the company has another plant in Pietermaritzburg and a distribution centre in Pinetown that concentrates on exports. Indian-owned Apollo Tyres SA makes Dunlop products at two large factories in the province: truck tyres are made in Durban where 840 workers are employed and a passenger car tyre plant in Ladysmith (1160 employees). The Durban factory devotes 40% of production to supplying the truck and earthmoving market. Both plants make about 25 000 tons of tyres with half of the passenger tyres being exported. The Behr Group (airconditioning and cooling systems) has a factory and its headquarters in Durban. Ramsay Engineering supplies cross-car beams for BMW and Ford. Funding was received from the Industrial Development Corporation (IDC) to buy new tool-making technology to make this possible. 53 KWAZULU-NATAL BUSINESS 2019/20

Other recent publications by Global Africa Network: