A unique guide to business and investment in South Africa. Welcome to the 11th 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 a website at www. southafricanbusiness.co.za.
A special feature in this journal focusses on the importance of partnerships as the way forward for the country’s growing number of Special Economic Zones. There are now SEZs in eight provinces and collaboration between the private sector and government and its agencies is proving a crucial element in pursuing the goal of industrializing the South African economy. These zones intended as catalysts for economic growth in established sectors and in stimulating new industries.
Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provinces. The fact that South Africa’s law-enforcement agencies are arresting people alleged to have been involved in state capture and the Reserve Bank has started freezing assets in other matters leads the national overview because business can’t function properly without the rule of law.
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.com. These unique titles are supported by a monthly business e-newsletter with a circulation of over 35 000. Journal of African Business joined the Global African Network stable of publications as an annual in 2020 and is now published quarterly.
CONTENTS CONTENTS
CONTENTS CONTENTS SouthAfricanBusiness2023 Edition Introduction Foreword 5 A unique guide to business and investment in South Africa. Special features An economic overview of South Africa 8 South Africa has the minerals that the green economy needs. Provinces of South Africa 12 A snapshot of South Africa’s nine provinces. Partnerships show the way for Special Economic Zones 18 Collaboration between the private sector and government and its agencies is paying off in eight provinces. Economic sectors Agriculture 42 Citrus exports have finally made it to China. Mining 46 Platinum’s role in green hydrogen is a boon for miners. Energy 52 Infrastructure for carrying newly-generated power is a priority. Oil, gas and petrochemicals 56 The Central Energy Fund has become a shareholder in a Free State gas project. Water 62 South Africa is investigating how best to use its groundwater. Engineering 64 A huge bridge in the Eastern Cape is an engineering challenge. SOUTH AFRICAN BUSINESS 2023 2
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