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Mpumalanga Business 2022-23

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The 2022/23 edition of Mpumalanga Business is the 13th issue of this successful publication that since its launch in 2008 has established itself as the premier business and investment guide for the province. With messages of welcome to potential investors from both the provincial premier and the MEC responsible for Economic Development and Tourism, this edition of the journal also contains the official Mpumalanga Investment Prospectus, a comprehensive survey of the province’s assets and the potential of the region. Major catalytic projects such as the Nkomazi Special Economic Zone (NSEZ) and the Mpumalanga International Fresh Produce Market (MIFPM) are examined in detail, outlining how producers, processors and logistics firms stand to benefit and where there is potential for investment. In addition to the Prospectus, the journal contains a special feature on education and a series of brief news briefs about some of the most important sectors in the provincial economy.

ABOUT MEGA The

ABOUT MEGA The Mpumalanga Economic Growth Agency (MEGA) is the official Economic Development Agency for the Mpumalanga Provincial Government. MEGA’s primary mandate is to foster the sustainable growth and development of Mpumalanga’s economy through its operational activities of Trade and Investment Promotion, Development Funding, Equity Investments, and Property and Infrastructure Development. The Agency remains accountable to the Mpumalanga Department of Economic Development and Tourism (DEDT). MEGA is the foreign investor’s or trader’s first point of contact for doing successful business in Mpumalanga Province. Through the Trade and Investment Promotion Division, the Agency provides a variety of services to potential investors and trading partners. MEGA services MEGA staff will go out of their way to make the process of investing in Mpumalanga or starting a business in the province easy. MEGA is focussed on customer needs and provides innovative solutions with a high level of service. Services include: • Foreign Trade Promotion • Investment Promotion • Funding • Property Management and Infrastructure Development Planning the way forward National government has articulated a Nine-Point Plan which seeks to prioritise projects that will tackle key economic issues. MEGA is aligned with the plan, which include issues relevant to growing the provincial economy: • revitalise agriculture and the agro-processing chain • advancing mineral beneficiation • implementing the Industrial Policy Action Plan (IPAP) effectively • unlocking the potential of SMMEs, cooperatives and township and rural enterprises • resolving the energy challenge • stabilising the labour market • upscaling private investment • investment in science and technology, water and sanitation, transport and broadband connectivity

AfCFTA FAST FACTS Africa’s exports could increase by 0-billion and some experts predict that continental business and consumer spending could reach .7-trillion by 2030. 0 BILLION AfCFTA could boost regional income by 7% or 0-billion (Source: the World Bank) AfCFTA could lift 30 -million people out of poverty, according to the World Bank AfCFTA could boost 10% wages by up to * World Bank estimate ABOUT SADC South Africa is a member of one of Africa’s oldest regional organisations, the 16-member Southern African Development Community, (SADC). This enables duty-free trade within a growing market of more than 360-million people. All goods shipped under SADC Certificate of Origin receive duty-free status. Duty-free trade within a GROWING MARKET of more than 360million people

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