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South African Business 2023

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The 2023 Guide to Business and Investment in South Africa.

THE GUIDE TO BUSINESS

THE GUIDE TO BUSINESS AND INVESTMENT IN SOUTH AFRICA CONTENTS Manufacturing 66 Innovation and expansion are happening in textiles. Construction and property 69 The renewable energy sector has opened up new work workstreams. Transport and logistics 70 The value of goods transported along the N3 continues to grow. Tourism 72 Swiss investment may underpin expansion. ICT 74 Government’s latest mobile contract is shared by four companies. Banking and financial services 75 African Bank is on the acquisition trail. Development finance and SMME support 76 Expanding small business has become big business. Education and training 78 Private education companies are growing. References Key sector contents 40 Overviews of the main economic sectors of South Africa. Index 84 SOUTH AFRICAN BUSINESS THE GUIDE TO BUSINESS AND INVESTMENT SOUTH IN AFRICA AFRICAN BUSINESS JOIN US ONLINE WWW.GLOBALAFRICANETWORK.COM | WWW.SOUTHAFRICANBUSINESS.CO.ZA JOIN US ONLINE WWW.GLOBALAFRICANETWORK.CO.ZA | WWW.SOUTHAFRICANBUSINESS.CO.ZA 2021 EDITION 2023 EDITION ABOUT THE COVER: Main picture: Sasol’s octene plant at Secunda is a major contributor to the chemical sector, Sasol. Bottom left and then left to right: Renergen has started delivering the country’s first liquified natural gas (LNG) to Ardagh Glass Packaging & Ceramic Industries, Renergen; The Tsitsikamma Community Wind Farm is one of many such facilities in the Eastern Cape, Cennergi; The Kruger National Park is a superb tourism asset, Ugurhan/iStock by Getty Images; Anglo American unveiled a huge truck powered by a hybrid hydrogen fuel cell in 2022, Anglo American; Impala Platinum is a major producer and refiner of platinum group metals with operations in two South African provinces and two other countries, Implats. SOUTH AFRICAN BUSINESS 2023 4

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: Yonella Ngaba Ad sales: Gavin van der Merwe Sam Oliver Gabriel Venter Vanessa Wallace Shiko Diala Administration & accounts: Charlene Steynberg Kathy Wootton Distribution and circulation manager: Edward MacDonald Printing: FA Print 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. 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 an e-book edition 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 industrialising 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. ■ Chris Whales Publisher, Global Africa Network | Email: chris@gan.co.za 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: info@gan.co.za | Website: www.gan.co.za 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 | Air Liquide; Atlantis SEZ; Caspir Camille Ruben on Unsplash; Cennergi Services; Concor; Citrus Growers’ Association of South Africa; CSIR; De Beers; Defy; Department of Trade, Industry and Competition (the dtic); Dipuno Fund; Heineken; Lanzerac Hotel; Mercedes-Benz SA; Raubex; Renergen; SA Investment Conference; Sappi; Sun International; Stadio; Tetra Pak; Ubank; Kevin Wright/Vedanta Zinc International; John Young. 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. 5 SOUTH AFRICAN BUSINESS 2023

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