THE GUIDE TO BUSINESS AND INVESTMENT IN THE WESTERN CAPE PROVINCE CONTENTS CONTENTS Western Cape Business 2022 Edition Introduction Foreword 5 Western Cape Business is a unique guide to business, tourism and investment in the Western Cape. Special features A regional overview of the Western Cape 6 Cape Town’s new stock exchange is based on smart technology, something the Western Cape is rapidly becoming famous for. Special Economic Zones at Atlantis and Saldanha aim to tap into growing markets – maritime, oil and gas and renewable technologies. Bio-pharmaceutical company lands Covid vaccine contract 18 The Western Cape is a centre of medical innovation. Economic sectors Agriculture 24 Rooibos is now a protected asset. Oil and gas 26 A maritime cluster will help to create focus in the energy sector. Energy 34 The Atlantis Special Economic Zone is attracting Greentech investors. Manufacturing 36 Boatbuilders are busy. Construction and property 37 An affordable housing scheme in Ottery will reduce the housing backlog. Tourism 38 Covid-19 waves are causing uncertainty. Education and training 40 Online schools are booming. Banking and financial services 44 Cape Town has a stock exchange again. Development finance and SMME support 46 Craft designers are preparing for US markets. Business Process Outsourcing 47 BPO growth is bolstering employment. References Key sector contents 22 Overviews of the main economic sectors of the Western Cape. Index 48 WESTERN CAPE BUSINESS JOIN US ONLINE 2022 EDITION WWW.GLOBALAFRICANETWORK.COM | WWW.WESTERNCAPEBUSINESS.CO.ZA ABOUT THE COVER: Top left and then clockwise to centre: Cape Town Stadium from Lion’s Head (Jean van der Meulen from Pexels); Black grapes (Kai-Chieh Chan from Pexels); A wind farm north of Touws River (Perdekraal East Wind Farm); Franschhoek (BrandSA); Rescue boat in action (Gemini Marine); Protea in bloom (David Clode on Unsplash); Beach huts at Muizenberg (A Gorman Photography).
Western Cape Business A unique guide to business and investment in Western Cape. FOREWORD Credits Publishing director: Chris Whales Editor: John Young Managing director: Clive During Online editor: Christoff Scholtz Designer: Simon Lewis Production: Aneeqah Solomon Ad sales: Gavin van der Merwe Sam Oliver Jeremy Petersen Gabriel Venter Vanessa Wallace Shiko Diala Administration & accounts: Charlene Steynberg Kathy Wootton Distribution and circulation manager: Edward MacDonald Printing: FA Print 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. To complement the extensive local, national and international distribution of the print edition, the full content can also be viewed online at www.westerncapebusiness.co.za. Updated information on the Western Cape is also available through our monthly e-newsletter, which you can subscribe to online at www.gan.co.za, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title and the new addition to our list of publications, African Business, which was launched in 2020. ■ Chris Whales Publisher, Global Africa Network Media | Email: firstname.lastname@example.org DISTRIBUTION Western Cape 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. Member of the Audit Bureau of Circulations COPYRIGHT | Western Cape 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 | Amdec Group; Dimzique Jewellery; Eskom; Gestamp Renewable Industries; Hayden Cobra; Newmark Hotels; iContact BPO; Impulse Biomedical; studioMAS; Petroleum Agency SA; Saldanha Bay IDZ; SA Rooibos Council; Stellenbosch University; The Big Picture Company; The Woodstock Exchange. 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: email@example.com | Website: www.gan.co.za ISSN 1816 370X DISCLAIMER | While the publisher, Global Africa Network Media (Pty) Ltd, has used all reasonable efforts to ensure that the information contained in Western Cape 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 WESTERN CAPE BUSINESS 2022