The province of KwaZulu-Natal has a number of characteristics that makes it a compelling investment destination on the African continent. This installment of the KwaZulu-Natal Investment Opportunities Booklet provides investors with an updated broad overview of the investment opportunities across various key sectors in the economy. It also highlights the key features that we believe make doing business in KwaZulu-Natal an attractive proposition.
Unless otherwise specifically stated, the information contained herein is made available to the public by Trade & Investment KwaZulu-Natal and was deemed to be correct at the time of compilation. The intent of the information is to assist an individual seeking to learn about South Africa as an investment opportunity country, and KwaZulu-Natal as an investment destination for his or her business. Trade & Investment KwaZulu-Natal does not assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, product or process disclosed in this document.
Reference herein to any specific commercial product, process, service, trademark, manufacturer, or otherwise, does not constitute or imply its endorsement, recommendation, or favouring by Trade & Investment KwaZulu-Natal. The views and opinions expressed herein do not necessarily state or reflect those of Trade & Investment KwaZulu-Natal.
KWAZULU-NATAL INVESTMENT
KWAZULU-NATAL INVESTMENT OPPORTUNITIES 2019/2021 AT A GLANCE TOTAL INVESTMENT VALUE .3 BILLION PROJECTED PERMANENT JOBS OVER 5 YEARS 105 816 PROJECTED TEMPORARY JOBS OVER 5 YEARS 345 901 TOTAL INVESTMENT VALUE 9 MILLION TOTAL NUMBER OF JOBS 30 000 TOTAL NUMBER OF PROJECTS 1 TOTAL AMOUNT OF JOBS OVER 5 YEARS 451 717 AMAJUBA ZULULAND DEVELOPMENT AGENCY ZULULAND UMKHANYAKUDE ISIMANGALISO WORLD HERITAGE SITE UTHUKELA ECONOMIC DEVELOPMENT AGENCY UTHUKELA DRAKENSBERG WORLD HERITAGE SITE UMZINYATHI KING CETSHWAYO TOTAL INVESTMENT VALUE 6 MILLION TOTAL NUMBER OF JOBS 5 450 TOTAL NUMBER OF PROJECTS 2 UMGUNGUNDLOVU ILEMBE TOTAL INVESTMENT VALUE 1 MILLION TOTAL NUMBER OF JOBS 35 580 TOTAL NUMBER OF PROJECTS 2 HARRY GWALA ETHEKWINI METRO TOTAL INVESTMENT VALUE .5 BILLION TOTAL NUMBER OF JOBS 373 937 TOTAL NUMBER OF PROJECTS 16 UGU TOTAL INVESTMENT VALUE 3 MILLION TOTAL NUMBER OF JOBS 6 750 TOTAL NUMBER OF PROJECTS 3 8
ECONOMIC OVERVIEW KWAZULU-NATAL, SOUTH AFRICA South Africa KwaZulu-Natal Official Name Republic of South Africa Province of KwaZulu-Natal Head of State President Cyril Ramaphosa Provincial Premier Capital Cities Cape Town (Legislative); Pretoria (Administrative); Bloemfontein (Judicial) Premier Sihle Zikalala Pietermaritzburg Population 57,7 million 11,4 million Area 1 220 813km 2 94 361km 2 Total GDP R3,1 trillion (constant prices) R500 billion (constant prices) GDP Growth 0,8% (2018 y/y) 1,8% (y/y) GDP Per Capita R81 875 R66 254 Inflation (EOP) 4,5% 4% Exports Value R1,246 trillion (2018) R188.2 billion (2018) Imports Value R1,236 trillion (2018) R165.3 billion (2018) Lending Rate (2019) 10,25% 10,25% Unemployment (Q2: 2019) Main Trading Partners 29% 26,1% China, USA, Germany, India, & Japan USA, UK & China 9
