The 2020/21 edition of Limpopo Business is the 12th issue of this essential publication that, since its launch in 2007, has established itself as the premier business and investment guide for the Limpopo Province.
Limpopo has been attracting significant investments in the mining sector in recent years and the green light for the creation of the Musina-Makhado Special Economic Zone in the province’s far north has attracted several billion dollars. A metallurgical and energy cluster will inaugurate the SEZ, after which investments in agri-processing, logistics and manufacturing are expected to follow. In addition to the regular articles providing insight into each of the key economic sectors of the province, there are special features on transport and logistics, and specific plans that are in place to promote manufacturing in Limpopo. News related to mining, agriculture, tourism, construction and property, water, education and development finance is carried in overviews of the main economic sectors.
VENETIA UNDERGROUND
VENETIA UNDERGROUND PROJECT The future of South African diamond mining. The new US billion Venetia underground mine ranks as the biggest single investment by De Beers Group in the South African diamond industry. Excavation work for the underground extension got under way in 2013, the year De Beers celebrated its 125th anniversary. Production is scheduled to begin in 2022, climbing to full production in 2025. Over the course of its life, the underground mine will treat about 132 million tonnes of ore containing an estimated 94 million carats. The underground project will extend the life of Venetia mine to 2046, securing the future for our host communities.
