1 year ago

KwaZulu-Natal Business 2022-23

  • Text
  • Trade
  • Africa
  • Invest
  • Investment
  • Business
  • Kwazulunatal
  • Kzn
  • Terminal
  • Industrial
  • Province
  • Provincial
  • Tourism
  • Economic
  • African
  • Sector
  • Richards
  • Durban
The 2022/23 edition of KwaZulu-Natal Business is the 14th 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 national government’s campaign to encourage private investment in ports. The vital role of the ports of Durban and Richards Bay in the South African economy cannot be understated and putting them in a better position to deal with commodities and cargoes of every sort is clearly in the national interest. A special purpose vehicle is to be created within Transnet to make dealing with private companies less complicated. 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.

OVERVIEW Development

OVERVIEW Development finance and SMME support Billion-rand plan to transform the sugar industry will benefit the SMME sector. The sugar industry’s R1-billion five-year plan to transform the sector will have positive spinoffs for small-scale growers and distributors. Contributions from millers and growers have allowed for sums of R165-million (transformation) and R60-million (Value Chain Masterplan) to be allocated as the first part of the scheme. National government supported these measures with initiatives of its own, including providing input vouchers to small-scale growers. The aim is to reach up to 250 000 small-scale farmers (including the 21 000 contributing to the sugarcane value chain), in partnership with the private sector. The provincial government’s Sukuma 100 000 surpassed its target by creating 137 000 job opportunities in 2021, with all government departments participating in focussing on opportunities for youth employment. Examples of companies that received support under the project are Gelanison Agric, an agricultural initiative that produces high-value crops using the hydroponic system, and AdNotes, a telecommunications company which is 100% black and youth owned. The company received funding from the KZN Youth Fund and provides Internet services in the Ugu and King Cetshwayo Districts and eThekwini Metro. Operation Vula Fund is an SMME grant funding scheme run by the KwaZulu-Natal Department of Economic Development, Tourism and Environmental Affairs (DEDTEA). A total of 961 applications to the value of R305-million have been approved to date. Funding from the National Department of Trade, Industry and Competition’s (dtic) Black Industrialist Programme and from the Industrial Development Corporation (IDC) secured 70% of Newcastlebased Boschpick Engineering for entrepreneurs Bongani Khumalo and Phillip Majali and their company Lipsobex. The IDC provides finance across a range of sectors from agriculture to tourism. The Small Enterprise Development Agency (Seda) is active in supporting entrepreneurs. Seda gives non-financial support through ONLINE RESOURCES National Department of Small Business Development: SA SME Fund: Small Enterprise Development Agency: SECTOR INSIGHT Operation Vula Fund disburses grant money to SMMEs. training, assistance with filling in forms, marketing and creating business plans. In KwaZulu-Natal, Seda runs 12 Incubators which either help new businesses get started or with the rehabilitation of existing enterprises. Three models are used: Technology Demonstration Centres (demonstration and training); Technology Incubators (where the focus is rehabilitation); Hybrid Centres, which combine elements of the other two models. The KwaZulu-Natal Incubators include ICT and construction (three centres each), furniture and hi-tech (two each) and chemicals and essential oils. Sappi is helping honey-makers make money. A project run jointly by Sappi and the African Honey Bee programme is supporting about 100 beekeepers in northern KwaZulu-Natal and encouraging them to invest in sources of income such as vegetable gardens that can keep their families going between honey harvests. A benefit to Sappi is that fires which used to be used as a method of smoking out bees has largely been eliminated, reducing the risk to Sappi’s plantation assets. ■ KWAZULU-NATAL BUSINESS 2022/23 46

SEDA Seda offices Seda contacts KWAZULU-NATAL MANAGEMENT Provincial Office Koenie Slabbert - Provincial Manager Tel: Provincial Seda Limpopo +27 15 287 Manager: Provincial 2940 Mr Cedric Mnguni Mopani Branch Fax: Physical Office +27 15 297 address: 4022 46 Essex Terrace, (located Essex Park in Tzaneen) Email: Ground Mr Koenie Floor, Slabbert: Block Provincial B, Westville 3629 Ms Maseje Nchabeleng: Branch 2nd Tel: Manager Floor (031) Suite 6, 277 Maneo 9500 Building, | Email: 73 Biccard Street, Manager Polokwane 0700 Postnet Tel: Suite +27 15 32287 Private 2940 Bag X 9307 Polokwane 0700 Tel: +27 15 306 6400 Branch Fax: +27 Manager: 15 297 4022 Sibongile Sabela Fax: +27 15 307 2233 Seda Physical Email: Vhembe address: Branch 46 Essex Terrace, Email: Essex Park Mr Ground Marcus Physical Mukumela Floor, address: Block - Branch 2nd Floor B, Manager Westville 3629 Tel: Tel: +27 15 960 8700 Nictus (031) Building 277 9500 | Email: Physical address: 2nd Floor Fax: 086 634 8964 68 Hans van Rensburg Street ABSA Building Email: Branch Old Polokwane Manager: Michael Zondo Mutual Building, Old Group Scheme Offices, Mphephu 13 Danie Road, Joubert Thohoyandou Street 7950 Physical 0699 address: 283 Langalibalele Tzaneen Street Seda The Capricorn Tourism Branch Hub, 2nd Floor, Pietermaritzburg 0850 3201 Mr Tel: Peter Capricorn (033) Maredi 264 - Branch 3100 Manager | Email: Tel: (located +27 15 290 8720 in Polokwane) Waterberg Branch Fax: Branch Mr. +27 Peter 15 Manager: 290 Maredi: 8736 Branch Dennis Manager Ndlovu (located in Mokopane) Email: Physical Tel: +27 15 address: 290 8720 LOT 611237, Via Verbena Mr Steve Botha: Branch Manager 1st Veldenvlei, Floor Pharmarama Building, 68 Hans van Rensburg Street, Polokwane 0699 Fax: +27 15 290 Richards 8736 Bay 3900 Tel: +27 15 492 9600 Tel: (035) 901 2660 | Email: Seda Email: Waterberg Branch Fax: +27 15 491 7361 Mr Steve Physical Botha address: - Branch 1st Manager Floor Email: Branch Manager: Thembinkosi Kunene Tel: Nictus +27 15 Building 492 9600 Physical address: Old Nedbank Physical address: 28 Bazley Street, Office 4 Fax: 68 +27 Hans 15 491 van 7361 Rensburg Street Building Email: First Polokwane Flood, Port Shepstone 4240 40 Retief Street Old Tel: 0699 Nedbank (039) Building, 688 1560 40 Retief | Email: Street, Mokopane Mokopane 0600 Seda Branch Mopani Manager: Branch Justice Shange Vhembe Branch Martin Physical Rafferty address: - Acting Branch 48 Margaret Manager Street (located in Thohoyandou) Sekhukhune Branch Tel: Ixopo +27 153276 306 6400 Fax: Mr +27 Marcus 15 307 Mukumela: 2233 Branch (located in Groblersdal) Tel: (039) 834 7100 | Email: Email: Manager Mr Sabelo Ntshangase 27 Branch Peace Tel: +27 Street, Manager: 15 960 1st Floor, 8700Thanda Prosperitas Khathi Building, Tzaneen Tel: +27 0850 13 262 9430 Physical Fax: +27 15 address: 962 4285 94/96 Murchison Fax: Street +27 13 262 Seda Sekhukhune Branch Ladysmith Email: 3371 Email: Mr Sabelo Ntshangase - Branch Manager Physical address: Bindulavhathu Physical address: Tel: Tel: +27 (036) 13 262638 94309780 | Email: Email: Office Building Mutual Building Bareki Branch 3rd Mall, Floor Shop Manager: No. 20B, Dumisani Cnr Chris Wild Zikalala and Van Shop Riebeek 4 and Street, Office Groblersdal 10, 12 0407 Physical Thohoyandou address: 28 Scott Street Hereford Street Newcastle 0950 2940 Groblersdal Tel: (034) 328 0620 | Email: 0470 We have built a strong team in the province made up of 16 Business Advisors, two Regional Facilitators and five Information Officers who have Our goal the responsibility is to make of measurable making measurable differences differences in the in the businesses businesses that we assist. they assist. The Seda This team team of Business of Business Advisors Advisors works works closely closely with a team with of a team carefully of carefully selected selected service providers service who providers possesses who expert posses knowledge expert in knowledge in different areas of business and industry sectors. different functional areas of business and industry sectors. For more information contact contact us at: us 015 at 287 031 2940 277 9500 or visit or our visit website: our website: TOGETHER ADVANCING SMALL ENTERPRISE DEVELOPMENT “Together advancing small enterprise development”

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