South African Business 2016

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CONTENTS

CONTENTS

Introduction South Africa—an introduction A guided tour of the South African business landscape.

10

Operation Phakisa An overview of the dynamic initiative set to unlock South Africa’s potential.

18

Special features Doing business in Africa How to make the most of opportunities on the continent.

22

Funding 26 An overview of the various funding channels available to businesses. Skills development Effective skills development policies are vital in the battle to stay competitive.

34

Law firms Legal eagles are the wind beneath your wings.

48

BRICS 50 Top law firm ENSafrica outlines the great economic community. IPAP 2015/2016 The latest instalment of the Industrial Policy Action Plan.

54

Regional overviews Eastern Cape The province’s economy is driven by manufacturing and business services.

156

Free State Centrally located, the Free State uses its strategic position to its economic advantage.

162

Gauteng 164 Gauteng is the smallest in area but the largest contributor to the national GDP. KwaZulu-Natal 170 KwaZulu-Natal’s subtropical climate offers perfect cultivating conditions. Limpopo 172 The most northern point of South Africa, Limpopo is untamed Africa at its best. Mpumalanga 174 Mpumalanga has an incredibly varied economy, with growth in transport and business. Northern Cape The great Orange River helps to irrigate the province’s prime agricultural land.

184

North West The North West has the world’s richest source of platinum group metals (PGMs).

186

Western Cape Booming with tourism, diverse manufacturing and world-class infrastructure.

188

SOUTH AFRICAN BUSINESS 2016

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