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South African Business 2022

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THE GUIDE TO BUSINESS AND INVESTMENT IN SOUTH AFRICA CONTENTS Engineering 62 Renewable energy projects are coming on stream. Construction and property 64 Covid-19 has shaken up sector priorities. Manufacturing 65 Vaccine manufacturing is accelerating. Transport and logistics 66 The private sector is set to play a bigger role in transport. Automotive 72 Total manufacture and exports rebounded well in 2021. ICT 73 Covid-19 has increased demand for faster data speeds. Tourism 74 The summer of 2021/22 will be vital for the sector. Banking and financial services 75 120 years on, Cape Town has a stock exchange again. Development finance and SMME support 76 The IDC has assets of R144-billion. References Key sector contents 38 Overviews of the main economic sectors of South Africa. Index 80 SOUTH AFRICAN BUSINESS THE GUIDE TO BUSINESS AND INVESTMENT IN SOUTH AFRICA SOUTH AFRICAN BUSINESS 2021 EDITION 2022 EDITION ABOUT THE COVER: The Deepsea Stavanger oil drilling rig has been active off South Africa’s coast (PASA). Top right to bottom left: Rooibos is now protected (SA Rooibos Council); the Port of Richards Bay (TNPA); zebras (Sifiso/Brand SA); a farmhouse near Clarens in the Free State (Flickr/SA Tourism); the zinc project in the Northern Cape (Kevin Wright/Vedanta Zinc International). JOIN US ONLINE WWW.GLOBALAFRICANETWORK.COM | WWW.SOUTHAFRICANBUSINESS.CO.ZA JOIN US ONLINE WWW.GLOBALAFRICANETWORK.CO.ZA | WWW.SOUTHAFRICANBUSINESS.CO.ZA SOUTH AFRICAN BUSINESS 2022 8

South African Business A unique guide to business and investment in South Africa. FOREWORD Credits Publishing director: Chris Whales Editor: John Young Managing director: Clive During Online editor: Christoff Scholtz Designer: Tyra Martin Production: Aneeqah Solomon Ad sales: Gavin van der Merwe Sam Oliver Jeremy Petersen Gabriel Venter Vanessa Wallace Shiko Diala Tahlia Wyngaard Administration & accounts: Charlene Steynberg Kathy Wootton Distribution and circulation manager: Edward MacDonald Printing: FA Print Welcome to the 10th edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa, supported by an e-book edition at www. Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provinces. This issue has a focus on Special Economic Zones which are being rolled out across the country with specific economic areas of focus. The importance of the revival of minerals exploration and the significance of onshore and offshore gas discoveries is the subject of another special feature. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces. The e-book editions can be viewed online at www.globalafricanetwork. These unique titles are supported by a monthly business e-newsletter with a circulation of over 23 000. In 2020, the inaugural African Business joined the Global African Network stable of publications. ■ Chris Whales Publisher, Global Africa Network | Email: DISTRIBUTION South African Business is distributed internationally on outgoing and incoming trade missions, through trade and investment agencies; to foreign offices in South Africa’s main trading partners around the world; at top national and international events; through the offices of foreign representatives in South Africa; as well as nationally and regionally via chambers of commerce, tourism offices, airport lounges, provincial government departments, municipalities and companies. 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: | Website: Member of the Audit Bureau of Circulations ISSN 2221-4194 COPYRIGHT | South African Business is an independent publication published by Global Africa Network Media (Pty) Ltd. Full copyright to the publication vests with Global Africa Network Media (Pty) Ltd. No part of the publication may be reproduced in any form without the written permission of Global Africa Network Media (Pty) Ltd. PHOTO CREDITS | Addo Elephant National Park; Bosch Holdings; BTE Renewables; Council for Geoscience; Dedisa Peaking Plant; Dominic Bonnesse Architects; Eskom; Fortress REIT; Gestamp Renewable Industries; Glencore; Harmony; Kristof Basson Architects; PASA; PG Bison; Pilanesberg Platinum Mines; Primocane Capital; Renergen; Seda; Sun International; Thungela Resources; Transnet National Port Authority. . DISCLAIMER | While the publisher, Global Africa Network Media (Pty) Ltd, has used all reasonable efforts to ensure that the information contained in South African Business is accurate and up-to-date, the publishers make no representations as to the accuracy, quality, timeliness, or completeness of the information. Global Africa Network will not accept responsibility for any loss or damage suffered as a result of the use of or any reliance placed on such information. 9 SOUTH AFRICAN BUSINESS 2022

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