6 years ago

North West Business 2017 edition

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  • Government
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  • Rustenburg
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The 2017 edition of North West Business is the seventh issue of this highly successful publication that, since its launch in 2009, has established itself as the premier business and investment guide to the North West Province. North West Business includes news and analysis of the most important economic sectors, and interviews with some of the province’s active business leaders and investors.

OVERVIEW Manufacturing

OVERVIEW Manufacturing The North West’s strong resource base could underpin a much bigger manufacturing sector. Brits, Rustenburg, Tlokwe (Potchefstroom), Matlosana (Klerksdorp) and Mahikeng account for more than half of the total manufacturing capacity in North West Province. Mining beneficiation, automotive components and food and beverages play important roles in the sector, but there is scope to massively increase the scope for manufacturing in a wide range of other fields. The provincial government has pointed out that the share of manufacturing to the Growth Value Add (GVA) of the province is only 5% – a figure that must grow if employment is to grow along with the expanding economy. A provincial Integrated Manufacturing Strategy has been compiled. One of the report’s findings was that because North West is strategically located near to the industrial hub of Gauteng, has low input costs, lies on established trade routes and has easy access to natural resources, it should make the development of the chemical processing sector a good bet. This is especially true for phosphate and nitrogenbased fertilisers. Another provincial priority is to improve the link between rural and urban economies, something which a strong focus on agri-processing will achieve. As one of the country’s biggest producers of livestock, the North West’s automotive industry could profitably source hides for car seats locally. It is this sort of value-added tie-up that economic planners are looking at, as they aim to get more value out of the agricultural sector. The Industrial Development Corporation (IDC) is one of the bodies that is helping the province to expand (and maintain) the diversity of its manufacturing sector. The IDC sometimes gives loans ONLINE RESOURCES Automotive Industry Development Centre (AIDC): Centre for Advanced Manufacturing: Consumer Goods Council of South Africa: National Department of Trade and Industry: North West Development Corporation: SECTOR INSIGHT The North West is encouraging phosphate and nitrogenbased fertiliser manufacturers to invest. • The Centre for Advanced Manufacturing at North West University specialises in extruder technology. to help businesses weather bad times, at other times it extends loans (sometimes in exchange for equity) to new enterprises in new sectors. The Centre for Advanced Manufacturing (CFAM) is housed at North West University. The centre specialises in extruder technology, an important component in the food-manufacturing process. CFAM works with Gaborona Consulting, the Vaal University of Technology, Thripp (a dti technology programme) and ChemCity, a Sasol initiative. NORTH WEST BUSINESS 2017 38

Education and training The North West education sector covers high-level research to training for technicians and artisans. OVERVIEW Very advanced research can be found in the laboratories of North West University into subjects such as astrophysics and applied molecular modelling. At the same time, provincial education authorities are trying to overcome huge challenges at rural schools. An important part of the latter process is the expansion of boarding schools, to which an amount of R500-million has been allocated in the medium-term framework. The North West Provincial Government’s broader policy aimed at uplifting rural areas will see the Department of Education and Sport Development directing more resources to schools in the villages, townships and small dorpies (VTSD). There are 1 465 primary and high schools in the state sector in the North West. Spending on new infrastructure and on renovations is set to continue for many years, offering many opportunities to contractors. South Africa has more private or independent schools than ever before. The opening of the PLG Hartbeespoort Academy in 2016 marked the first investment into the province of the Pembury Lifestyle Group. PLG has 19 schools on seven campuses, mostly in Gauteng. PLG intends listing on the Alternative Exchange of the JSE in order to raise capital for further expansion. Curro believes it will be running 200 schools in South Africa by 2020, double its current number. In the North West there are three Curro schools, in Rustenburg, Klerksdorp and Mahikeng. University North West University (NWU) had 67 000 students registered in 2015, with about 26 000 of studying by correspondence. The university’s main campus is at Potchefstroom with satellite campuses at Mmabatho and Vanderbijlpark. ONLINE RESOURCES National Department of Basic Education: National Department of Higher Education and Training: North West University: SECTOR INSIGHT A new private school has opened in Hartbeespoort. • Taung Agricultural College received R13.4-million from a Danish company. Colleges North West has three large TVET colleges. Vuselela TVET College has its headquarters in Klerksdorp, where there is also an accredited trade test centre. There are a further four campuses: Jouberton Centre for Engineering Studies; Matlosana Campus; Potchefstroom Centre for ICT; and Taung Campus. Orbit TVET College has three sites, Rustenburg, Mankwe and Brits and in 2015, the total headcount of students was 15 012. In 2015, the Taung Agricultural College received a R13.4-million donation from Danish catalysis company Haldor Topsøe The college had recently been reaccredited by the Council on Higher Education (CHE) to offer the NQF Level 6 Diploma in Agriculture specialising in Irrigation Technology. 39 NORTH WEST BUSINESS 2017

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