3 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 Limpopo’s airport authority is exploring business opportunities GAAL’s new CEO, Masingita Baloyi, envisages turning the Polokwane International Airport into a hub for airfreight and passengers by setting up a feeder network for all the airports within the province. GAAL CEO, Masingita Baloyi BIOGRAPHY Masingita has a wealth of experience in aviation. He holds a bachelor’s degree in Administration from the University of Limpopo and a programme in e-Commerce from UNISA Graduate School of Business Leadership. He is currently studying for a Master of Business Leadership. Masingita has worked at the University of Johannesburg, South African Airways (cargo and revenue management) and First Rand Bank. He was GM: Human Resources of the Independent Development Trust. Before joining GAAL, he was a management consultant at ATA Research. LIMPOPO BUSINESS 2019/20 The Gateway Airports Authority Limited is a state-owned company under the custody of the Limpopo Department of Transport. Despite the entity’s listing as a schedule 3D public enterprise in terms of the Public Finance Management Act, it is administered in accordance with the Companies Act of 2008’s scope and limitations. GAAL’s mandate is derived from its articles of association dated 29 March 1995, which is for GAAL to act as airport manager and administrator within the province. GAAL seeks to create prolific business opportunities to better maximise the utilisation of its assets and resources so as to generate sufficient revenue to be a financially sustainable entity that generates modest profits. Among other prospective business opportunities are the plans the entity has to lease 45 hectares of land to potential investors for business opportunities that will be in support of the growth, development and operations of the entity. The entity is also currently looking to secure alternative passenger and/ or commercial airline operators as well as increase routes from OR Tambo International Airport to other airports such as Lanseria, Cape Town International Airport and King Shaka International Airport on a 1, 5, 7 schedule. Another business prospect that the entity is looking to secure is that of a reputable restaurant that will operate from the Polokwane International Airport. Such business prospects will allow the entity to make the Polokwane International Airport an optimally functioning airport that serves the needs of its clientele. Infrastructure The airport has successfully installed positive pressure ventilators in the airside as well as upgraded and maintained its runways and lights. Other completed developments include the construction of the JOC operating centre. An infrastructure development that is currently still in the supply-chain process is that of upgrading and maintaining the airport’s board signages. Aeronautical services This service focusses on all airline operations, including private chartered flights. Non-aeronautical services This service includes: general aviation, car rentals, travel agencies, retail stores, aviation fuel supply, hangars and office rentals. 64

Celebrating Nelson Mandela 100: Creating Legacies Towards World-Class Public Transport FOCUS Leeto la Polokwane increases momentum for faster, more inclusive growth that heralds an economic transformation in a sustainable way. By Musa Ndlangamandla A new study of transport systems in 35 major cities around the world has revealed that an efficient public transport network can provide these cities with an economic value of up to R3-trillion (8-billion) annually by 2030. The best transportation systems are those in cities that can move people quickly, efficiently and comfortably to their destination. This is according to Londonbased consulting firm Credo, which conducted The Mobility Opportunity study. Like other leading cities, the City of Polokwane is already achieving this with the roll-out of an Integrated Rapid Public Transportation System (IRPTS) that features modern infrastructure, easy connections across various modes of transportation, and, above all, a clear strategy of how to meet future needs. Executive Mayor of Polokwane Councillor Thembisile Nkadimeng, above, asserts that an efficient and cost-effective As South Africa gears itself to be the next big emerging market story of 2018 (according to Goldman Sachs), the public transport sector is at the heart of reigniting economic growth and investment to ensure sustainable livelihoods. 65 LIMPOPO BUSINESS 2019/20

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