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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.


CONTENTS CONTENTS KwaZulu-Natal 2022/23 Edition Introduction Foreword 7 A unique guide to business and investment in KwaZulu-Natal. Special features Regional overview of KwaZulu-Natal 8 Stability has been restored after a turbulent 2021 and companies are looking at investing in increasing capacity. Provincial and national government are ramping up spending on infrastructure. Private investments in ports are gathering speed 14 Upgrades at KwaZulu-Natal’s two big ports will mean South Africa is better prepared for the next commodity boom. Economic sectors Agriculture 28 Packaging firm expands on increased agricultural production. Forestry and paper 30 A campaign to plant 10-million trees has begun. Mining 31 Operations at Richards Bay Minerals have resumed. Engineering 32 UCL’s expansion included three large projects. Oil and gas 33 South Africa’s largest crude oil refinery is likely to come on the market. KWAZULU-NATAL BUSINESS 2022/23 4

DURBAN ICC AFRICA’S LEADING CONVENTION CENTRE The Durban International Convention Centre (Durban ICC) prides itself on being leading venue for meetings, business events, conferences and exhibitions on the African continent. However, this is not their own opinion, but rather the overwhelming feedback received from their clients who have voted it in the top 1% of Convention Centres worldwide, as well as “Africa’s Leading Meetings and Convention Centre” no fewer than 17 times! The Durban ICC is a versatile venue of enormous dimensions, flexible enough to meet any need, no matter how extraordinary. The Centre offers the largest column-free, multipurpose event space on the African continent. International and national conventions, exhibitions, sporting events, concerts and special occasions of every kind can be accommodated. Flexibility and versatility are key factors in the design of this state-of-the-art, technologydriven Centre. The Centre also offers a range of innovative solutions such as Live-streaming events, Remotepresentation events, Hybrid events, and Video-on-Demand. The Durban ICC’s highly experienced and friendly team will ensure that your event is seamlessly executed giving you complete peace of mind. Providing exceptional customer service remains the heartbeat of the Durban ICC, striving to ensure that every delegate who walks through the five-star facility has a memorable experience. Delegates visiting the Centre can look forward to superb standards of culinary excellence and hospitality. As part of the Durban ICC’s gourmet evolution over the past decades in the industry, they are completely reinventing their culinary offering in order to showcase some of Durban’s authentic African Cuisines. Furthermore a wide range of new innovative packages have been designed to meet the unique needs of each target market, at the best possible rates. Demonstrating its commitment to quality, the Durban ICC is five-star graded by the Tourism Grading Council of South Africa and maintains its ISO9001, ISO14001 and ISO22000 certifications ensuring the highest international standards in Quality Management, Environmental Responsibility, Food Safety and Health and Safety. The DURBAN ICC offers you first-world convenience and a proudly African meetings experience. The Centre is fully Wi-Fi enabled and connectivity is complimentary to its delegates and guests. Durban ICC Fast Facts • Located in Durban, known as South Africa’s entertainment “playground”. • Durban International Convention Centre (Durban ICC) comprised of the Durban ICC Arena and the Durban Exhibition Centre. • Voted “Africa’s Leading Meetings and Conference Centre” by the World Travel Awards no fewer than 17 times and continuously strives to deliver excellent service • Largest flat floor, column-free multi-purpose event space in Africa. • Ranked in the world’s Top 15 Convention Centres by the International Association of Congress Centres (AIPC). • The Centre is located 30-minutes from the King Shaka International Airport and over 3,600 Hotel rooms are within a 10-minute walk of the Centre.

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