Views
1 year ago

Mpumalanga Business 2022-23

  • Text
  • Development
  • Mega
  • Infrastructure
  • Projects
  • Special economic zones
  • Investment
  • Trade
  • Business
  • Wwwglobalafricanetworkcom
  • Manufacturing
  • Mining
  • Provincial
  • Economy
  • Sector
  • African
  • Tourism
  • Economic
  • Province
  • Mpumalanga
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.

MPUMALANGA’S ECONOMY

MPUMALANGA’S ECONOMY The provincial economy of Mpumalanga is exceptionally diverse. Established industries in the province include Mining, Stainless Steel, Petrochemicals, Pulp and Paper, Ferro- Alloys, Energy Generation, Tourism, Agriculture and Agro-Processing, among others. Companies in these sectors include global giants in their industries such as Sasol (energy and chemicals), Sappi (paper, packaging, pulp and forests), Samancor Chrome (ferrochrome), Sibanye-Stillwater and Glencore (mining). The province’s commercial farmers are among the most efficient in the world, exporting huge quantities of everything from citrus to macadamia nuts. Columbus Stainless is the only stainless-steel manufacturer on the continent. District GVA by district 38% 34% Nkangala Ehlanzeni 28% Gert Sibanda AGRICULTURE 3% COMMUNITY SERVICE 19% FINANCE 14% MINING 20% TRANSPORT 6% MANUFACTURING 15% ELECTRICITY 7% TRADE 14% CONSTRUCTION 2% Governance The province has three district municipalities and 17 local municipalities. Several agencies which promote the regional economy report to the Mpumalanga Provincial Government. Large parts of the province comprises extensive rural villages that form part of areas run by traditional authorities. Transport Two airports at Hoedspruit (Eastgate Airport) and Mbombela (Kruger Mpumalanga International Airport, KMIA) plus many airfields. Extensive freight rail network, busiest in South Africa. N4 highway (Maputo Corridor) is an east-west spine of highly-developed road system. PRETORIA N4 N12 JOHANNESBURG Middelburg N17 N11 Ermelo N2 Lydenburg Belfast N4 Carolina N17 R36 R37 Mbombela Barberton Sabie R40 N4 SWAZILAND MOZAMBIQUE Komatipoort MAPUTO

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

Other recent publications by Global Africa Network: