6 months ago

Northern Cape Business 2020/21 edition

  • Text
  • Development
  • Africa
  • Tourism
  • Sectors
  • Agriculture
  • Trade
  • Business
  • Investment
  • Infrastructure
  • Cape
  • Mining
  • African
  • Zinc
  • Kimberley
  • Province
  • Municipality
  • Economic
  • Northern
The 2020/21 edition of Northern Cape Business is the 10th issue of this highly successful publication that has, since its launch in 2009, established itself as the premier business and investment guide for the Northern Cape Province. Officially supported and used by the Northern Cape Department of Economic Development and Tourism, Northern Cape Business is unique as a business and investment guide that focuses exclusively on the province. In addition to comprehensive overviews of sectors of the economy, this publication has a particular focus on specific, packaged, investment opportunities. These include plans for the establishment of Special Economic Zones (SEZs) within the province, which have specific incentives designed to make investment into the Northern Cape even more attractive. The hi-tech exploits of astronomers and engineers in search of a landspeed record are the focus of an article on engineering sector while the rapidly expanding solar energy sector which continues to attract significant capital is discussed in some detail.

OVERVIEW Mining A public

OVERVIEW Mining A public mining company is planned in the Northern Cape. Photo: Anglo American The Premier of the Northern Cape has announced that his administration wants to “vigorously pursue the possibilities of establishing a Northern Cape State Mining Company”. This company will do prospecting, apply for licences and look for investments on behalf of the people of the Northern Cape. The Northern Cape Economic Development, Trade and Investment Promotion Agency (NCEDA), the province’s investment agency, is tasked with researching feasibility. Base metals are showing great potential and it is in that sector that any public mining company would likely be active. The world market for base metals (which includes zinc and nickel) is in good shape because of trends in the energy and automotive markets and the fact that the global supply of copper is expected to decline. One of those base metals, manganese, is finding its ways to ports much more rapidly and in greater bulk thanks to a concerted effort by Transnet Freight Rail (TFR). In 2019 TFR announced a ninth manganese mining freight contract. The decision to rail manganese to a variety of South African ports, rather than being limited to Port Elizabeth, led to 14.5-million tons of the metal being transported in 2018, a massive increase on the five-million tons achieved in 2012. The target is 16-million tons. The other reason TFR is able to cope with such volumes is the incredible Sishen-Saldanha train, which continues to set world records in terms of length of train and volumes. The latest is 375 wagons Sector Insight Transnet Freight Rail is ramping up manganese volumes. carrying 63 tons each and seven of the 49 weekly trips on this line have been given over to manganese, the balance being devoted to iron ore. The biggest new mine in the country is a zinc mine at Aggeneys, the Gamsberg project of Vedanta Zinc International, which will deliver 600 000 tons of zinc when phase three is complete. About 0-million has been invested since the project began and the company started trucking product to the Port of Saldanha in 2018. The provincial government is using the mine’s location (and possible future smelter) as NORTHERN CAPE BUSINESS 2020/21 38

Our History We are located at the Kimberley Diamond Jewellery Centre in the Northern Cape Province of South Africa. We have entrenched ourselves as the only incubator in the Precious Stones exchange, shared infrastructure and technology support services to the unemployed, Our Clients have work experience or informal sector businesses. Our Purpose Our Vision Our Mission Our Values To be the premium incubator in the diamond and precious metal • Provide an enabling environment that gives access to technology and business development; • Assist entrepreneurs • Integrity; • Innova • Transparency; • Reliability; • Customer centric. and sustainable. Our Partners

Other recent publications by Global Africa Network:

African Business 2020 edition
South African Business 2020 edition
KwaZulu-Natal Business 2020-21 edition
Northern Cape Business 2020/21 edition
Eastern Cape Business 2020 edition
Western Cape Business 2020 edition
Free State Business 2020 edition
Mpumalanga Business 2019/20 edition
Limpopo Business 2019-20 edition
Gauteng Business 2019-20 edition
KwaZulu-Natal Business 2019-20 edition
Northern Cape Business 2019/20 edition
Free State Business 2019 edition
Eastern Cape Business 2019 edition
North West Business 2019 edition
Western Cape Business 2019 edition
South African Business 2019 edition
Limpopo Business 2018-19 edition
Mpumalanga Business 2018-19 edition
Northern Cape Business 2018-19 edition
Gauteng Business 2018-19 edition
KwaZulu-Natal Business 2018-19 edition
Eastern Cape Business 2018 edition
North West Business 2018 edition
Western Cape Business 2018 edition
Free State Business 2018 edition
South African Business 2018 edition
Limpopo Business 2017-18 edition
Mpumalanga Business 2017-18 edition
Gauteng Business 2017-18 edition
KwaZulu-Natal Business 2017-18 edition
Northern Cape Business 2017-18 edition
North West Business 2017 edition
Free State Business 2017 edition
Eastern Cape Business 2017 edition
Western Cape Business 2017 edition
South African Business 2017 edition
Mpumalanga Business 2017 edition
Limpopo Business 2016-17 edition
KwaZulu-Natal Business 2016-17 edition
South African Business 2016 edition
Gauteng Business 2016 edition
Eastern Cape Business 2016 edition