FOCUS Nyaniso Healthcare Latex condom manufacturing. Project location The project is situated at the old Colesberg Hospital in the Pixley Ka Seme District in Colesberg. Targeted sectors Medical and health sector. To discuss this opportunity, contact Mr Choaro Timothy, Project Promoter, Nyaniso Healthcare (Pty) Ltd Tel: 064 070 9534 Email: choaro.timothy@gmail.com Northern Cape Department of Economic Development and Tourism Mr Riaan Warie, Senior Manager Tel: +27 53 830 4058 Mobile: 079 877 2828 Email: rwarie@ncpg.gov.za Project description Nyaniso Healthcare will produce male latex condoms using German technology from the technical partner, CPR GmBH. The plant in Colesberg will produce 60-million condoms annually. The plan is also to later produce latex gloves, and thus create meaningful employment for the local community. The condoms produced will be sold to government, private markets and for export markets in Africa and globally. Project background The project name is Nyaniso Healthcare Male Latex Condoms & Latex Gloves Manufacturing. The founder and CEO of Nyaniso Healthcare first thought of starting a condom manufacturing plant in 2007 when the country was producing only 5% of the condoms used in South Africa. The HIV/Aids pandemic and the high infection rate influenced the decision to assist the government in reducing the infection rate and promoting safe sex among youth. Key facts Investment value: R150-million Job creation: 100 direct jobs Project status The business case and feasibility studies have been completed. Finance The project will be financed by private investor/s with the government providing enabling infrastructure and various incentives as part of the project support. Partnerships will be pursued with the private sector, provincial government and local government. NORTHERN CAPE BUSINESS 2019/20 20
Promethean Waterfront A tourism node for Barkly West. Project location The project is located on the banks of the Vaal River in the town of Barkly West in the Dikgatlong Local Municipality. Project background Barkly West has been earmarked for a multifaceted development project with the potential to bolster the local economy. Promethean Property, a local investment company, in conjunction with SIZA Architects & Project Managers, has teamed up as the developers of the project. Dikgatlong Municipality will be engaged through the multi-year lease for the land. FOCUS Project description An entertainment resort that compromises: waterpark; arcade games and fun rides; food court; wave pool; chalets; upmarket selfcatering riverside accommodation; people’s park (outdoor events with permanent stage); picnic/braai area; lifestyle centre; retail and commercial outlets; regional mall; middleincome housing; government subsidised housing; residential estate; apartments; hotel and conference centre; casino (depending on legislation) and office park. To discuss this opportunity, contact Thabo Makweya, Director, Promethean Property Tel: +27 53 831 2336 Mobile: +27 81 337 8492 Email: makweyat@me.com Richard Poulton, Project Director Tel: +27 53 831 2336 Mobile: +27 81 446 5297 Email: richard@prometheangroup.co.za Finance The project is being developed in terms of the Public-Private-Partnership Project Cycle in terms of the Treasury Regulation 16 of the Public Finance Management Act, Act 1 of 1999. Targeted sectors Tourism and heritage. Key facts Investment value: Overall R2.5-billion, including bulk infrastructure. Phase 1 (Waterpark and chalets): R800-million Job creation: 6 743 jobs Project status The project is at the start of the feasibility and business case phase. A detailed feasibility study will cost about R12-million. 21 NORTHERN CAPE BUSINESS 2019/20
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