9 months ago

South African Business 2023

  • Text
  • Sustainability
  • Tourism
  • Regions
  • Southafrica
  • Business
  • Investment
  • Transportation
  • Development
  • Mining
  • National
  • Provincial
  • South africa
  • Economy
  • Manufacturing
  • Province
  • Industrial
  • Logistics
  • Sector
  • Infrastructure
  • Economic
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. 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 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 South African Business 2023 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

DURBAN ICC AFRICA’S LEADING CONVENTION CENTRE The Durban International Convention Centre (Durban ICC) prides itself on being leading venue for meetings, business events, conferences and exhibitions on the African continent. However, this is not their own opinion, but rather the overwhelming feedback received from their clients who have voted it in the top 1% of Convention Centres worldwide, as well as “Africa’s Leading Meetings and Convention Centre” no fewer than 17 times! The Durban ICC is a versatile venue of enormous dimensions, flexible enough to meet any need, no matter how extraordinary. The Centre offers the largest column-free, multipurpose event space on the African continent. International and national conventions, exhibitions, sporting events, concerts and special occasions of every kind can be accommodated. Flexibility and versatility are key factors in the design of this state-of-the-art, technologydriven Centre. The Centre also offers a range of innovative solutions such as Live-streaming events, Remotepresentation events, Hybrid events, and Video-on-Demand. The Durban ICC’s highly experienced and friendly team will ensure that your event is seamlessly executed giving you complete peace of mind. Providing exceptional customer service remains the heartbeat of the Durban ICC, striving to ensure that every delegate who walks through the five-star facility has a memorable experience. Delegates visiting the Centre can look forward to superb standards of culinary excellence and hospitality. As part of the Durban ICC’s gourmet evolution over the past decades in the industry, they are completely reinventing their culinary offering in order to showcase some of Durban’s authentic African Cuisines. Furthermore a wide range of new innovative packages have been designed to meet the unique needs of each target market, at the best possible rates. Demonstrating its commitment to quality, the Durban ICC is five-star graded by the Tourism Grading Council of South Africa and maintains its ISO9001, ISO14001 and ISO22000 certifications ensuring the highest international standards in Quality Management, Environmental Responsibility, Food Safety and Health and Safety. The DURBAN ICC offers you first-world convenience and a proudly African meetings experience. The Centre is fully Wi-Fi enabled and connectivity is complimentary to its delegates and guests. Durban ICC Fast Facts • Located in Durban, known as South Africa’s entertainment “playground”. • Durban International Convention Centre (Durban ICC) comprised of the Durban ICC Arena and the Durban Exhibition Centre. • Voted “Africa’s Leading Meetings and Conference Centre” by the World Travel Awards no fewer than 17 times and continuously strives to deliver excellent service • Largest flat floor, column-free multi-purpose event space in Africa. • Ranked in the world’s Top 15 Convention Centres by the International Association of Congress Centres (AIPC). • The Centre is located 30-minutes from the King Shaka International Airport and over 3,600 Hotel rooms are within a 10-minute walk of the Centre.

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