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Opportunity Issue 99

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Opportunity magazine is a niche business-to-business publication that explores various investment opportunities within Southern Africa’s economic sectors and looks to provide its readers with first-hand knowledge about South African business. Opportunity also looks to present South African business to international markets that may have interests in investing in South Africa. The publication is endorsed by the South African Chamber of Commerce and Industry (SACCI).

EDITOR’S NOTE Good

EDITOR’S NOTE Good news in the energy sector can help South Africa’s recovery South Africans are heartily sick and tired of “load-shedding”, the rather tired euphemism that means supper can’t be cooked and homework can’t be done in households that are connected to the power grid. For manufacturing concerns, retailers, shopkeepers and mining companies the consequences are even worse. Work can’t be done, staff go home, machines stand idle and the economy suffers. With the Covid-19 epidemic further blighting the lives and incomes of millions of people and businesses, 2020 and 2021 have been among the toughest years for a generation. In this context, two events in the energy sector give cause for optimism that an improvement in conditions lies ahead. Firstly, President Ramaphosa declared that private concerns can generate up to 100MW of electricity without having to apply for licences. This is a major breakthrough as it will allow mining companies to set up plants to allow them to keep producing and to reduce the strain on the national grid. It also allows companies in sectors that produce vast quantities of useful waste, such as forestry and sugar, to generate biofuel. The other bit of good news in the energy sector is the discovery of significant quantities of gas condensate off the southern Cape coast. Our cover story, written by the CEO of the Petroleum Agency SA Dr Phindile Masangane, reflects on the role that gas can play in transitioning the South African economy towards renewables and away from coal. This issue of Opportunity also examines the effect that the Covid-19 epidemic had on the container industry and looks ahead to how businesses should prepare themselves for future disasters in terms of protecting their data. How the post-Covid tourist sector in South Africa should be restructured is the subject of another article while Thuli Magubane runs the rule over Enterprise Supplier Development programmes. Andrew Wood of Primocane Capital weighs up the pros and cons of Southern African agricultural investments. Opportunity notes with regret the passing of Sello Mabotja. A founding member of Global Africa Network, Sello made his mark as a journalist, businessman and public servant. We are proud to print his article on South Africa’s readiness for the 4th Industrial Revolution (4IR), which is accompanied by a tribute paid by his GAN colleague, Managing Director Clive During. John Young, Editor 6 | www.opportunityonline.co.za www.opportunityonline.co.za Editor: John Young Publishing director: Chris Whales Managing director: Clive During Online editor: Christoff Scholtz Designer: Tyra Martin Production: Aneeqah Solomon Ad sales: Venesia Fowler Norman Robson Gabriel Venter Tennyson Naidoo Tahlia Wyngaard Administration & accounts: Charlene Steynberg Kathy Wootton Distribution and circulation manager: Edward MacDonald Printing: FA Print PUBLISHED BY Global Africa Network Media (Pty) Ltd Company Registration No: 2004/004982/07 Directors: Clive During, Chris Whales Physical address: 28 Main Road, Rondebosch 7700 Postal address: PO Box 292, Newlands 7701 Tel: +27 21 657 6200 Fax: +27 21 674 6943 Email: info@gan.co.za Website: www.gan.co.za No portion of this book may be reproduced without written consent of the copyright owner. The opinions expressed are not necessarily those of Opportunity, nor the publisher, none of whom accept liability of any nature arising out of, or in connection with, the contents of this book. The publishers would like to express thanks to those who support this publication by their submission of articles and with their advertising. All rights reserved.

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