South African Business 2024

Welcome to the 12th 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 relationship between tertiary education, training and the jobs market. The youth unemployment rate is referenced in a discussion of the various measures that are being taken in the public and private sectors to help prepare young people for work, or to encourage them to start businesses. The role of the country’s Sector Education and Training Authorities (SETAs) is highlighted. Regular pages cover all the main economic sectors of the South African economy. This includes tracking the rapidly evolving renewable energy landscape and reporting on the progress of exploration and discoveries of oil and gas off the coast and on land. Landmarks such as BMW’s 50-year celebration of making cars in South Africa are noted and a snapshot of each of the country’s provinces is provided. 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 and www.southafricanbusiness.co.za. These unique titles are supported by monthly business e-newsletters. The Journal of African Business joined the Global African Network stable of publications as an annual in 2020 and is now published quarterly.

SPECIAL FEATURE

SPECIAL FEATURE Provinces of South Africa A snapshot of South Africa’s nine provinces. Eastern Cape Capital: Bhisho Main towns: Port Gqeberha Elizabeth, (formerly East London, Port Elizabeth), Uitenhage, East London, Graaff- Reinet, Kariega Mthatha, (formerly Grahamstown Uitenhage), (Makhanda) Graaff-Reinet, Mthatha, Makhanda Population: 6 916 200 (2015) Area: 168 966km² (13.8% of South Africa) Premier: Lubabalo Oscar Mabuyane (ANC) Key sectors: Automotive, agriculture, agri-processing, agro-processing, forestry, finance, retail, tourism, renewable energy. Infrastructure: Coega Industrial Development Zone, East London Industrial Development Zone, ports of East London, Port Elizabeth and Ngqura, airports at Port Gqeberha Elizabeth and and East East London. London. Notable tourism assets: Addo Elephant National Park, Mountain Zebra National Park, Wild Coast, Jeffreys Bay, National Arts Festival. Provincial government website: www.ecprov.gov.za Eastern Cape Development Corporation: www.ecdc.co.za Free State Capital: Bloemfontein Main towns: Welkom, Sasolburg, Parys, Kroonstad Population: 2 817 900 (2015) Area: 129 825km² (10.6% of South Africa) Premier: Sefora Mxolisi Hixsonia Dukwana Ntombela (ANC) (ANC) Key sectors: Agriculture, agri-processing, agro-processing, chemical manufacturing, mining, transport and logistics. Infrastructure: Maluti-A-Phofung Special Economic Zone, Bram Fischer International Airport, University of the Free State, Central University of Technology, N8 Corridor. Notable tourism assets: Vaal River, Gariep Dam, Golden Gate Highlands National Park, Cherry Festival, Mangaung African Cultural Festival (Macufe). Provincial government website: www.freestateonline.fs.gov.za Free State Development Corporation: www.fdc.co.za Gauteng Capital: Johannesburg Main towns: Tshwane (including Pretoria), Ekurhuleni, Vanderbijlpark, Roodepoort Population: 13 200 300 (2015) Area: 18 178km² (1.5% of South Africa) Premier: David Panyaza Makhura Lesufi (ANC) Key sectors: Financial and banking, banking, manufacturing, manufacturing, trade, creative trade, creative industries, industries, media. media. Infrastructure: OR Tambo International Airport, Gautrain, Vaal Special major Economic universities Zone, Gautrain, and research major institutions, universities and large research convention institutions, large FNB convention Stadium (Soccer centres, City). centres, FNB Stadium (Soccer City). Notable tourism assets: Cradle of Humankind, Notable tourism Apartheid assets: Museum, Cradle of Constitution Humankind, Hill, Apartheid Magaliesberg, Museum, Soweto Constitution tours, Hill, Dinokeng. Magaliesberg, Soweto tours, Dinokeng. Provincial government website: www.gauteng.gov.za Provincial government website: Gauteng www.gauteng.gov.za Growth and Development Gauteng Growth Agency: and Development Agency: www.ggda.co.za www.ggda.co.za SOUTH AFRICAN BUSINESS 2021 2020 2024 16 20 16

SPECIAL FEATURE SPECIAL SPECIAL FEATURE FEATURE KwaZulu-Natal Capital: Pietermaritzburg Main towns: Durban, Newcastle, Ballito, Port Shepstone, Empangeni, Ulundi Population: 10 919100 100 (2015) Area: 125 755km² (7.7% of of South South Africa) Africa) Premier: Premier: Nomusa Dube-Ncube (ANC) Sihle Zikalala (ANC) Key sectors: Chemicals, dissolving Key pulp sectors: manufacture, Chemicals, sugar, dissolving forestry, pulp automotive, manufacture, textiles sugar, and forestry, footwear, automotive, mining, oil textiles and gas, and logistics. footwear, mining, Infrastructure: oil and gas, King logistics. Shaka Infrastructure: International King Airport, Shaka Dube International TradePort, Richards Airport, Dube Bay Industrial TradePort, Richards Development Bay Industrial Zone, Development ports of Zone, Richards ports Bay of Richards and Durban, Bay and Albert Durban, Luthuli International Albert Luthuli International Convention Convention Centre Complex. Centre Complex. Notable Notable tourism tourism assets: assets: HluhluweiMfolozi HluhluweiMfolozi Park, Park, the the Drakensberg Drakensberg mountains, mountains, iSimangilso iSimangaliso Wetlands Wetland Park, Park, Durban Durban beaches, beaches, South South Coast, Zulu Coast, cultural Zulu heritage, cultural historical heritage, historical battlefields. battlefields. Provincial government website: Provincial government website: www.kznonline.gov.za www.kznonline.gov.za Trade and Investment KwaZulu- Trade and Investment KwaZulu- Natal: www.tikzn.co.za Natal: www.tikzn.co.za Limpopo Capital: Polokwane Main towns: Musina, Ba-Phalabora, Ba-Phalabora, Bela-Bela, Steelpoort, Bela-Bela, Tzaneen, Steelpoort, Thohoyandou Tzaneen, Thohoyandou Population: 5 726 800 (2015) Area: 125 755km² (10.2% of of South South Africa) Africa) Premier: Premier: Chupu Stanley Mathabatha (ANC) Chupu Stanley Mathabatha (ANC) Key sectors: Mining, agriculture, Key tourism, sectors: logistics. Mining, agriculture, tourism, logistics. Infrastructure: Musina-Makhado Infrastructure: Special Economic Musina-Makhado Zone, Special Fetakgomo-Tubatse Economic Zone, Special N1 highway Economic and Zone, rail N1 network, highway new and Medupi rail network, power new station. Medupi power station. Notable Notable tourism tourism assets: assets: Kruger Kruger National National Park, Park, Mapungubwe Mapungubwe Heritage World Heritage Site, Makapans Site, Makapans Valley, Marula Valley, Marula Festival, Festival, Waterberg Waterberg Biosphere. Biosphere. Provincial government website: Provincial government website: www.limpopo.gov.za www.limpopo.gov.za Limpopo Economic Limpopo Economic Development Development Agency: Agency: www.lieda.gov.za www.lieda.gov.za Mpumalanga Capital: Mbombela Main towns: Emalahleni, Middelburg, Middelburg, Sabie, Sabie, Lydenburg Lydenburg Population: Population: 4 283 283 900 900 (2015) (2015) Area: 76 495km² (6.3% of Area: 76 495km² (6.3% South Africa) of South Africa) Premier: Refilwe Premier: Mtshweni-Tsipane (ANC) Refilwe Mtshweni-Tsipane (ANC) Key sectors: Agriculture, forestry, mining, steel manufacturing, petrochemicals, Key sectors: Agriculture, pulp and forestry, paper, power mining, generation, steel manufacturing, tourism. petrochemicals, pulp and paper, Infrastructure: power generation, Nkomazi tourism. Special Economic Infrastructure: Zone, Nkomazi Mbombela Special International Economic Zone, Fresh Mbombela Produce Market, International Maputo Fresh Development Produce Corridor, Market, Maputo Kruger Development Mpumalanga International Corridor, Kruger Airport. Mpumalanga International Airport. Notable tourism assets: Kruger National Park, Blyde River Canyon, Canyon, Barberton Barberton Makhonjwa Makhonjwa Mountains Mountains (a UNESCO World (a UNESCO Heritage World Site). Heritage Site). Provincial government website: Provincial www.mpumalanga.gov.za government website: www.mpumalanga.gov.za Mpumalanga Economic Growth Mpumalanga Agency: www.mega.gov.za Economic Growth Agency: www.mega.gov.za 21 17 2021 17 SOUTH SOUTH AFRICAN AFRICAN BUSINESS BUSINESS 2020 2024