Views
2 years ago

KwaZulu-Natal Business 2021-22

  • Text
  • Harbours
  • Ports
  • Africa
  • Southafrica
  • Kwazulunatal
  • Business
  • Investment
  • Infrastructure
  • Export
  • Ilembe
  • Industrial
  • Province
  • Provincial
  • Economic
  • Sector
  • African
  • Municipality
  • Durban
The 2021/22 edition of KwaZulu-Natal Business is the 13th issue of this unique guide to business and investment in KwaZulu-Natal Province in South Africa. Launched in 2008, this annual journal has established itself as the premier business and investment guide for the province. In addition to the regular articles providing insight into each of the key economic sectors of the province, there is a special report on the prospect of increasing exports on the back of the signing of a continental free trade agreement. The province’s export infrastructure is examined and the diversity and export successes of several companies in a wide range of sectors are noted. The increasing importance of the Oceans Economy to the future of the provincial and national economy is relevant to any examination of the economy of KwaZulu-Natal. This applies as much to trade and ship-repair as it does to the exciting gas discoveries which have been made off the coast of Mozambique and South Africa. To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.kwazulunatalbusiness.co.za. Updated information on KwaZulu-Natal is also available through our monthly e-newsletter, which you can subscribe to online at www.globalafricanetwork.com

CONTENTS Construction

CONTENTS Construction and property 36 The north coast continues to attract high prices. Tourism 37 Dedicated funds are promoting transformation. Manufacturing 38 Cellphones are now made in KwaZulu-Natal. Automotive 39 Stanger will host a new battery factory. Education and training 40 An ambitious scheme aims to prepare young people for the world of work. Water 44 Waste-water works are being upgraded. Energy 45 Toyota dealers are using less energy. Banking and financial services 46 Choices for South African financial consumers are expanding. Development finance and SMME support 48 Exxaro and Bell are teaming up to help SMMEs. References Key sector contents 24 Overviews of the main economic sectors of KwaZulu-Natal. Index IBC ABOUT THE COVER: Rich agricultural soil supports the intensive cultivation of sugarcane in the iLembe District Municipality. Located north of Durban with excellent connections to the port of that city and Richards Bay, iLembe is also host to the King Shaka International Airport and the Dube TradePort. Several companies have their national headquarters in Ballito. Credit: Enterprise iLembe. KWAZULU-NATAL BUSINESS 2021/22 6

EBH South Africa Trusted ship repair, marine and industrial engineering for over 140 years. Elgin Brown and Hamer, having been founded in 1878, is still regarded as one of the oldest shipyards in Southern Africa. Since the takeover by new management in 2018 the goal was to sustain the reputation of the company in servicing the marine and industrial sectors, with high-quality facilities and on-time delivery. Services The Elgin Brown and Hamer Group comprises eight companies under the group holding. We have several strategic subsidiaries who carry out specific divisional work rendering a full in-house service in all aspects of ship repair and industrial engineering as follows: • Steel Repairs and Steel Fabrication • Mechanical Repairs (Diesel and Turbo) • Blasting and Coating (PMC) • Pipe Fabrications and Repairs • Machining and Hydraulics (M&H) • Electrical Repairs and Renewals (Electro Marine) • Carpentry and Insulation • Scaffolding We are committed to superior engineering solutions by providing diverse and innovative services to all our clients. DURBAN HEAD OFFICE Lower Bremen Road, Bayhead, Durban PO Box 29079, Maydon Wharf, 4057 Tel: +27 31 205 6391 Email: shiprep@ebh.co.za Website: www.ebh.co.za What sets us apart? EBH South Africa has a privatelyowned floating dock in the Port of Durban with a lifting capacity of 8 500 tons, a floating crane with a lifting capacity of 60 tons at 10 metres, barges, and a launch. Our workshops are fully equipped and have the capacity to undertake various engineering works, both marine and industrial, at any given time. The company’s commitment to safety and quality is evident in its certification with the Bureau Veritas ISO 9001:2015 quality management system, which is complemented by ISO 3834 accreditation. The company is also a Level 2 B-BBEE contributor. Achievements In 2020, EBH SA was pleased to announce our association with CR Ocean as a Southern African Region Agent for the Marine Exhaust Gas Scrubbers. Our subsidiary company Marine & Hydraulics was also named as the distributor for sales of original Syncrolift® products in South Africa. EBH (Pty) Ltd recently installed Ballast Water Treatment System (BWTS) on various drydocking vessels in the yard which was a success and to the customers’ satisfaction. We are available to assist in the ports of Durban, Richards Bay, Cape Town, Saldanha Bay, Port Elizabeth and East London. ■ 7 KWAZULU-NATAL BUSINESS 2021/22

Other recent publications by Global Africa Network: