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South African Business 2022

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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 the website 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.


CONTENTS CONTENTS South African Business 2022 Edition Introduction Foreword 9 A unique guide to business and investment in South Africa. Special features An economic overview of South Africa 10 Growing the economy while simultaneously paying off debt presents a huge challenge but infrastructure plans and green financing options offer opportunities. Provinces of South Africa 13 Special Economic Zones 16 Several SEZs are focussing on green energy and green technology. A snapshot of South Africa’s provinces. Gas exploration is reaping dividends – mining could be next 32 A vital refinery could start receiving new feedstock to prolong its life. Economic sectors Agriculture 40 Rooibos has won the battle for unique regional status. Mining 44 Record earnings for miners have been good for the national Treasury. Energy 48 Generation exemption has changed the energy landscape. Oil, gas and petrochemicals 54 Offshore gas discoveries could boost South Africa’s economy. Water 58 A three-year programme will tackle dam storage problems. SOUTH AFRICAN BUSINESS 2022 6

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