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North West Business 2023-24

  • Text
  • Sectors
  • Economy
  • Regions
  • Pgms
  • Opportunities
  • Trade
  • Investment
  • Business
  • Province
  • Rustenburg
  • Municipality
  • Platinum
  • Tourism
  • Economic
  • Provincial
  • Mining
  • Mmabatho
The 2023/24 edition of North West Business marks the 12th publication of this highly successful journal that, since its launch in 2009, has established itself as the premier business and investment guide for the North West Province. Renewable energy is a huge global trend, and the impact this burgeoning sector is having on the North West can be seen in the development of several new solar farms which are under construction. The North West’s strong suit in platinum group metals (PGMs) already puts the province at the forefront of the drive towards a greener and renewable economy because of the applicability of so many of those minerals and metals for the cleaner energy movement. North West Business includes news and analysis of the most important sectors. Best known for its platinum mines, grain and livestock farming and tourism, the province is making a concerted effort to bolster its manufacturing capacity through a dedicated new strategy which includes trying to attract solar panel manufacturing to 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 North West 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, our flagship South African Business title and the new addition to our list of publications, Journal of African Business, which was launched in 2020.


PHOTO CREDIT: Sun City Resort Watched carefully by a local, a hot-air balloon glides gracefully through the ancient volcano crater that makes up the Pilanesberg National Park. The fourth-largest park in South Africa, Pilanesberg is home to more than 7 000 animals and 360 bird species. The park, which is administered by the North West Parks Board, offers a wide variety of accommodation options.

CONTENTS North West Business 2023/24 Edition Introduction Foreword 3 A unique guide to business and investment in the North West. Special features A regional overview of North West Province 4 The North West is no longer restricting its involvement in the renewable energy economy to exporting important minerals. Solar farms are springing up and solar manufacturing may soon become a new subsector. Tourist numbers are recovering and infrastructure projects are being planned. North West Development Corporation 8 An agency of the Department of Economic Development, Environment, Conservation and Tourism, the NWDC promotes inclusive economic growth, property development and investment. Economic sectors Agriculture 14 South Africa’s “Texas” breeds superb cattle. Mining 16 Impala Platinum has gained control of Royal Bafokeng Platinum. Energy 20 The sun will power Sun City. Manufacturing 22 Solar panels could be made in the North West. Water 23 Plans are in place to address shortfalls in water delivery. 1

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