4 years ago

Limpopo Business 2019-20 edition

  • Text
  • Sez
  • Africa
  • Africa
  • Finance
  • Development
  • Education
  • Logistics
  • Transport
  • Agriculture
  • Industrialization
  • Sectors
  • Business
  • Investment
  • Industrial
  • Polokwane
  • Mining
  • Tourism
  • Economic
  • Province
  • Limpopo
The 2019/20 edition of Limpopo Business is the 11th issue of this highly successful publication that, since its launch in 2007, has established itself as the premier business and investment guide for the Limpopo Province. Limpopo has several investment and business opportunities. In addition to the regular articles providing insight into each of the key economic sectors of the province, there are special features on various Special Economic Zones (SEZs) which aim to drive industrialization in the province and the initiatives which are further enhancing the tourism offering in Limpopo. News related to mining, agriculture, transport and logistics, education and development finance is carried in overviews of the main economic sectors in the province. To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at Updated information on the Limpopo is also available through our monthly e-newsletter, which you can subscribe to at, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business.

MESSAGE Creating a

MESSAGE Creating a conducive climate for investment The Interim CEO of the Limpopo Economic Development Agency, Dr Matata Mokoele, explains how LEDA is building infrastructure and supporting initiatives to attract investors. Dr Matata Mokoele, CEO The Limpopo Province investment climate is characterised by highvalue sectors that drive world economies in many ways. Agriculture, tourism and mining continue to define the future economic growth trajectory for the province. Traditionally, these sectors boosted gross domestic product through their primary activities. As the world evolves and new opportunities emerge in the industrial value chains, these sectors are increasingly becoming key to economic growth through the transformation and industrialisation of the province. Limpopo Province, whose employment is largely driven by the government sector, adopted the Limpopo Development Plan five years ago as a socio-economic transformation blueprint. It outlined how the government in collaboration with civil society institutions could unlock economic growth through appropriate policy. For instance, mining and agriculture were identified as the linchpin for industrialisation through the beneficiation of these resources. The province continues to see steady growth in hunting which can be a springboard in the tourism sector for growth and transformation. The province continues to lead the country in terms of arrivals from the African continent and the tourism sector’s contribution to job creation is significant. These developments and future economic growth are driven through institutions such as the Limpopo Economic Development Agency (LEDA) which develops and promotes SMMEs and cooperatives, investment promotion, business funding and caters for the provision of industrial parks. These industrial parks, situated across the five districts of the province, stimulate manufacturing in line with the Limpopo Development Plan and National Development Plan. LEDA is collaborating with National Department of Trade and Industry (dti) in refurbishing industrial parks in Seshego and Nkowankowa. The goal is to revitalise rural and township economies. The Limpopo Development Plan, which is due for revision for the next five years, has laid a very good foundation for the MTF period. Local and international investors have many avenues for exploring collaboration with local emerging enterprises. SMMES and co-operatives Support for SMMEs and co-operatives in the province is well documented. LEDA has created and implemented a business incubation LIMPOPO BUSINESS 2019/20 8

MESSAGE strategy for emerging and existing enterprises which focuses on registrations and formalisation, training, business planning, access to funding and finance, and access to markets. The programme has registered success for most participating businesses. In the 2018 financial year, 294 enterprises were assisted in various programmes and were able to sustain 1 343 jobs. LEDA entered into an MoU with the Companies Improving and Intellectual the lives Property of the Commission citizens of Limpopo (CIPC) where is all the business overarching registration aim of services the Limpopo will be Development offices Plan. The at lower economic cost. To levers date, 26 that 399 can enterprises bring delivered at LEDA were that improvement assisted with services about present ranging investment from registrations, opportunities, amendments particularly and annual in the returns. sectors The that turnaround have been on identified business registrations as key drivers is of less growth: than mining, five working tourism days, and improvement agriculture. that ensures that entrepreneurs are able The to Limpopo access business Development opportunities Plan (LDP) at is the targeting time three possible. broad areas for improvement and develop- earliest ment: socio-economic, infrastructural and institutional. Every department of the Limpopo Provincial Industrial parks Government has targets within the LDP which are LEDA’s translated industrial into parks actionable are host programmes to enterprises to in be the implemented manufacturing within and time-frames. services sectors across the five districts Development of the province. is defined In line as with broad-based promoting improvements investment in these standard industrial and parks, quality the of agency life for is more the collaborating people living with throughout the dti the on province, a programme to which to all increase institutions lettable (including space for government, rentals. This strategy business, aims labour to increase and citizens) manufacturing contribute. across Increased the value job creation, and higher make connections incomes, better between access industrial to good public players, chain services emerging and enterprises sound environmental and the management Black Industrialists are the Programme. measures of Phase the development 1 of the revitalisation plan. in both Seshego The plan, and Nkowankowa currently in is its complete. implementation This included phase, security is features further supported to the entire by area a spatial and investment afoot to framework commence in with public phase and 2. private The plans sector have plans are industrial parks in Vhembe are also well underway. Limpopo Development Plan Improving lives, and creating a conducive environment for investment. LIMPOPO BUSINESS 2017/18 20 Broadband The province is rolling out broadband in the province to support the socio-economic development imperatives set out by the National Development Plan and Limpopo Development Plan. The stimulation of economic development is embedded in cost-effective communication technologies that are available, accessible, reliable and affordable. The Broadband Act calls for connectivity to society at large to ensure that costs of doing business are reduced and the country is transformed towards a knowledge economy that can infrastructure, transact with an integrated the world public with ease. transport To date policy the Data and Centre, land policies. which is the nerve centre of the network, the This Call Centre article focusses and the on Network the economic Operating aspects Centre are and completed. the potential Forty-four of the (44) LDP sites for private have been investors connected to participate. to the network, offering free Wifi services to students Key at Library elements Gardens of the and Limpopo to the Development broader community Plan at the Polokwane Civic Centre. are: industrialisation (beneficiation of mining and agricultural products and produce); mining (local suppliers, improved training and access to sector Community services for entrepreneurs); infrastructure development; agri-processing; Through its subsidiary SMME promotion; Great North and ICT Transport, and the LEDA knowledge provides economy essential services (establish in a transporting WAN footprint). commuters Mining and passengers is currently to various the most destinations important on part a daily of basis. the Transport provincial is economy, the backbone contributing of the economy nearly 30% and through to GDPR. this Many subsidised platinum service, mining it developments provides households on the with eastern discounted limb of fares, the Bushveld enabling Complex commuters have to spurred get to work growth and to in go that about region. their One business. of the goals of the LDP is to see Risima more Housing beneficiation Corporation from the Finance mining sector, breaks new which ground will annually support through the goal various of further housing industrialising schemes the province’s to residents economy. throughout Related the to province. this is an Risima is development emphasis equally on active the in manufacturing providing products sector. and services in the In housing response, sector the in rural two areas, Special townships Economic and Zones cities. In the (SEZs) year at ahead, Musina Risima and Tubatse will endeavour promote to increase manufacturing. of Specific products manufacturing and services as value-chains a contribution are to transforming identi- its portfolio fied Limpopo for each area, Province, based traditionally the base a rural mineral province, being to an industrial powerhouse in terms of mining, agriculture and tourism. We invite all investors to join us in our journey towards a prosperous future. Website: 9 LIMPOPO BUSINESS 2019/20

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