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Western Cape Business 2021

  • Text
  • Tourism
  • Renewables
  • Energy
  • Transport
  • Business
  • Investment
  • Oil
  • Gas
  • Agriculture
  • Port
  • Overview
  • Economic
  • Manufacturing
  • Nedbank
  • Provincial
  • African
  • Banking
  • Sector
  • Western
  • Cape
The 2021 edition of Western Cape Business is the 14th issue of this highly successful publication that, since its launch in 2005, has established itself as the premier business and investment guide for the Western Cape. The Western Cape has several investment and business opportunities. In addition to the regular articles providing insight into each of the key economic sectors of the province, a special feature on thriving agricultural exports gives insight into the details of what fruits and wines go where. An interview with the Port Manager of the Port of Cape Town provides more understanding of the scale of the logistics operation that is a major port. Another special feature examines the City of Cape Town as a national headquarters for the thriving asset management sector. The cover picture reflects an exciting new find of gas condensate off the south-eastern coast, a potential game-changer for the Western Cape and South African economies. This new development is covered in the overview of the oil and gas sector.

SPECIAL FEATURE

SPECIAL FEATURE Convention Bureau signed 52 events or conferences in the course of 2019/20 but of course most, if not all, of these events will not take place. The Radisson Hotel Group has come up with “Hybrid Solutions” as a response to the “new normal”. Incorporating Hybrid Rooms and Hybrid Meetings, the idea is to offer virtual participation options and hybrid formats for small local gatherings, while also broadcasting to remote attendees and satellite locations. Hotels will offer teams to set up the equipment. Park Inn by Radisson Newlands (pictured on the previous page) is one of the group’s six hotels in Cape Town. Investment The province has a dedicated investment agency, Wesgro. The Investment Promotion Unit of Wesgro has been working with various regions within the Western Cape to attract investment and accelerate exports. Seminars have been held in the Cape Winelands, the West Coast and the Garden Route. In 2019/20, the biggest investments were in renewable energy and manufacturing. Other important sectors are agro-processing, aviation, business services, education and training, financial services, real estate, ICT, light manufacturing, oil and gas, timber, tourism, waste beneficiation and clean energy. Encouraging investment in Cape Town has been recognised as something that needs a fulltime office and a strategy. Invest Cape Town is an agency of the city that works to create the best possible conditions to attract investors. Areas of focus include broadband access, energy security, the reduction of red tape and improving air access to the city. Economy Finance, business services and real estate combined contribute 28% to the gross domestic product (GDP) of the Western Cape. The financial services and insurance sector are key components of the economy. Many of South Africa’s biggest companies have their headquarters in Cape Town. Asset management and venture capital companies have been growing steadily. Although agriculture only accounts for 4.3% of GDP on its own, the sector is responsible for the fruit and vegetables that contribute to agro-processing which accounts for nearly 40% of the province’s export basket. (Agroprocessing accounts for 8.1% of GDP.) Citrus, wine, apples and pears, grapes, fruit juice, fruit and nuts and tobacco all appear in the top 10 of the province’s exports. Seventy percent of South Africa’s beverage exports come from the Western Cape. Grapes and wine sales to Europe remain strong, but the Chinese market is becoming increasingly important. The province has a diverse manufacturing sector ranging from textiles, clothing, footwear and furniture to coke and refined petroleum products. Excluding agro-processing, other manufacturing makes up 6.9% of GDP. ■ BANDIT – EXPERIENCE THE BEST OF BOTH WORLDS First-world technology and quality combined SABS-approved roadworthy trailers built at Africa with African simplicity. The main woodchipper Biomass Company in Worcester, South Africa. unit is manufactured by Bandit Industries, Inc. Engine-powered woodchippers are fitted with 35-plus years’ experience with Tier 3, South African standard, diesel or in innovation and international petrol engines, depending on the woodchippers’ research. These units specification or clients’ preference. Electric and PTO are shipped to options are also available in various Bandit models. South Africa The add-ons are specifically handpicked to give where they are you the best set-up and will provide you with a fitted onto well-balanced woodchipper that will outperform most other chippers in Africa. www.abc.co.za

- ART & DESIGN - HAIRCARE - BEAUTY THERAPY - HOSPITALITY - BUSINESS STUDIES - INFORMATION - EDUCATION & TRAINING COMMUNICATION TECHNOLOGY - ELECTRICAL ENGINEERING - TRAVEL & TOURISM 086 010 3682 - 021 404 6700 - info@cct.edu.za College of Cape Town - Inspiring Minds CCT_Official College of Cape Town ATHLONE CAMPUS Corner Corner of of Protea Protea && Eland Eland Street, Street, ATHLONE ATHLONE Tel: 021 637 Tel: 9183 021 637 Fax: 9183021 638 3255 CITY CAMPUS Corner of of Longmarket && Buitekant Street, CAPE TOWN Tel: 021 462 2053 Fax: 021 461 1608 Tel: 021 462 2053 Fax: 021 461 1608 Kromboom CRAWFORD Road, CRAWFORD CAMPUS Kromboom Road, CRAWFORD Tel: 021 696 5133 Fax: 021 696 5136 GARDENS CAMPUS Breda Street, Gardens, CAPE TOWN Tel: 021 461 9418 Fax: 021 464 3857 Corner GUGULETU of Steve Biko CAMPUS Drive & Ngambu Corner of Street, Steve Biko GUGULETU Drive & Ngambu Street, GUGULETU Tel: 021 638 3131 /021 637 0606 Tel: 021 Fax: 638 021 3131 637 /021 0344 637 0606 Fax: 021 637 0344 PINELANDS CAMPUS Jan Smuts Drive, PINELANDS Tel: 021 531 2105/6/7 Fax: 021 531 0361 THORNTON CAMPUS Corner Corner of of Cedar Cedar & Poplar Poplar Road, Road, THORNTON THORNTON Tel: Tel: 021 021 531 531 9124 9124 Fax: Fax: 021 021 531 531 9150 9150 WYNBERG CAMPUS Broad Road, WYNBERG Tel: 021 797 5540 Fax: 021 797 6682

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