South African Business 2017 edition

CONTENTS Transport 78

CONTENTS Transport 78 South Africa's port and rail infrastructure is being upgraded. Information and communications technology 85 Fibre optic networks are growing quickly. Education and training 91 New universities are improving access to higher education but funding is under the microscope. Tourism 98 Tourism is a growth industry that quickly creates jobs. Banking 102 Despite general economic concerns, South African banks have increased operating income. Development finance and SMME support 104 Studies are showing that township markets are much bigger than previously thought. Regions Eastern Cape 110 Free State 116 Gauteng 118 KwaZulu-Natal 126 Limpopo 128 Mpumalanga 134 Northern Cape 136 North West 140 Western Cape 142 SOUTH AFRICAN BUSINESS 2017 10

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