SOUTH AFRICA
PRODUCTION Production Manager: Pascal Belda General Director: Carolina Mateo Regional Sales Manager: Abel Peña Secretary General: David Hazán Head of Legal Department: Lucía Martí Project Director: Kevin Winters Project Associate: Kristina Sutton Editor-in-Chief: Aaron Scherer Creative Director: Luisa Tronea Graphic Design Intern: Blanca Martínez Content&Editing Intern: Cecilia Walburg
EDITORIAL Written and edited by eBiz Guides–FOR ALL SOURCE MATERIAL SEE BIBLIOGRAPHY Sector overviews from the “South Africa Yearbook 2012-13” provided by the Government Communication and Information System of South Africa. Other information from various websites and documents can be found in the Bibliography section at the back of the guide.
ACKNOWLEDGEMENTS We sincerely thank the following individuals and companies: Naren Rau, Ceo of SACCI; Cas Coovadia, CEO of South African Banking Association Mobiel; Michael Appel, Newage Newspaper Correspondent. We also would like to thank Tseke Nkadimeng of Africoil, Njabulo Sibanda of Glenalmond Hotel, Craig Bond of Absa Barclays, Marcel von Aulock of Tsogo Sun Group, and Gerhard van der Haar of Crossroad Logistics.
DISCLAIMER While every effort has been made to ensure the accuracy of the information contained in this publication, this cannot be guaranteed and neither eBiz Guides nor any related entity shall have any liability to any person or entity that relies on the information contained in this publication. This publication is not a substitute for professional advice and it should not be acted on or relied on or used as the basis for any decision or action that may affect you or your business. Any reliance is solely at the user’s risk.
World Investment News Customer Services: Tel: +34 91 787 38 70 Fax: +34 91 787 38 89 guides.info@ebizguides.com www.ebizguides.com
2
Printed by Montegraf S.L. ISBN: 978-84-938169-3-3 Legal deposit: M-29564-2013
www.ebizguides.com
HOW TO USE THIS GUIDE The goal of eBiz Guides is to offer extensive economic and investment information on a country, with a focus on the top companies, while offering the best tourism and entertainment information. With this tool, we believe that our readers can get fully acquainted with the country before making long-term investments This book is comprised of three major sections, which deal with general information, business information ,and entertainment.
General Information Background information on the country is coupled with a useful map and vocabulary.
Business This section of the book begins off with the main business resources available for you as well as an in-depth look at the country’s investment and legal framework and the economy itself. Through personal interviews with the most important business people in the country, we then provide our readers with privileged information and sector analysis, including introductions written by decisionmakers in the sector, such as government ministers. You will also find fact files of all major corporations, outlining their business activities, key projects, and any investment opportunities.
Entertainment We also showcase the best spots to visit, essential areas to discover, the top hotels, restaurants and much more.
www.ebizguides.com
Icons
eBiz Recommended These companies were particular favorites of our team during their stays; this stamp is mostly given to restaurants and hotels.
eBiz Recommended Partner Our team has been interviewing the heads of many companies; when they choose to allocate this stamp to a company, it is because they have received reliable service from the company.
ATTENTION! This indicates that the information is important and something to take notice of when planning, or during your stay.
3
INDEX INTRODUCTION Map & Regional Profile
06
General Information
08
Diplomatic Institutions
22
Did you know?
28 aA
Vocabulary
30
BUSINESS Business Resources
32
Top 50 Companies
38
Economy
40
Investment & Legal Framework
46
Finance
50
Energy
62
Trade & Industry
74
Real Estate & Construction
80
Transport & Communication
86
Agriculture
100
Education & Healthcare
108
Tourism Industry
116
ENTERTAINMENT Introduction
128
What to see & do
138
Where to eat?
156
Where to stay?
156
Nightlife
157
MAP
ZIMBABWE
BOTSWANA
MOZAMBIQUE
Pretoria
NAMIBIA
Johannesburg
Benoni
SWAZILAND
Bloemfontein
LESOTHO
Pietermaritzburg
SOUTH AFRICA
SOUTH ATLANTIC OCEAN
East London
Cape Town Mossel Bay
6
Durban
INDIAN OCEAN
Port Elizabeth
www.ebizguides.com
COUNTRY REGIONAL PROFILE SOUTH AFRICA REGIONAL PROFILE
Republic of South Africa Constitutional parliamentary republic Jacob Zuma Pretoria (administrative) Bloemfontein (judicial center) Cape Town (legislative center) 1.2 million km² (470,462 sq. mi) Semiarid for the most part; subtropical along the east coast; sunny days and cool nights 50 million (2012) Sesotho, Setswana, Xhosa and Zulu Christianity (79.7%) South African Rand (ZAR) Metal Products and Engineering Sector Chromium and Platinum $6,847,395 USD 2.5% (2012) 6.10% (2014) UTC +2h +27 230V, 50Hz Metric
www.ebizguides.com
7
GENERAL INFORMATION
General Information
OVERVIEW There is much to be discovered in South Africa. Its rich history, culture, and thriving economic sector help make it a truly interesting place for the business traveler. Boasting one of the most modern and developed infrastructures and government systems in all of Africa, South Africa provides the perfect backdrop for those looking to both work and play on a massive scale. The South African government is committed to the continued development of the country’s various sectors and has therefore enacted a number of measures to lead to its continued growth. This guide provides a unique insight into everything South Africa has to offer, providing you, the reader, with all the information necessary to successfully conduct business in the country.
HISTORY South Africa has an incredibly rich history. After the discovery of the Taung child skull in 1924, it became clear that modern human civilization has existed for over 100,000 years in the region. Before European colonization, the region had been occupied by a number of groups—primarily the San Clan and later the Khoikhoi and Bantu-speaking tribes.
10
The region’s first contact with Europe came in the form of Portuguese seafarers in the 15th century, and by 1652, the Dutch East India Company had set up a port in modern-day Cape Town to provide provisions to passing ships. Colonial authorities, at this time, allotted a number of farms to settlers for the cultivation of wine and wheat. Slaves were brought in from East Africa and Madagascar to help with colonial farming. After a number of futile skirmishes led by Khoisan and Bantu-speaking chiefdoms, the British gained temporary control of the region in 1795, and by 1806, after the Napoleonic wars, Great Britain gained permanent control. When the British gained control, several key changes took place within this country. Missionaries came to evangelize the region, and the slaves were emancipated in 1833. Such changes drove the Afrikaners, the original Dutch descendants, inland to tribal territory where they formed the republics of the Transvaal and the Orange Free State. In 1866, the region saw the discovery of gold and diamond reserves, and with this, many British “outlanders” decided to move to the inland regions. The British-run South African government soon set its eye on the Afrikaner republics, and by 1910, after a three year war between the republics and the British,
www.ebizguides.com
General Information
the Union of South Africa was formed, thus uniting the three regions. The first Prime Minister of South Africa was Louis Bontha, an Afrikaner who formed the African National Congress in 1912. After participating in WWII by providing aid to the Allied forces, South Africa was thrust onto the world stage through its inclusion in the United Nations. Shortly thereafter, South African politics shifted to that of great nationalism with a clear focus on the Apartheid movement. This movement sought out racial separation, which meant any non-white person would not have the same privileges and legal rights as a white South African citizen. In 1961, ties were severed with Great Britain, who at this time was strictly against such racist policies, and the country ruled under the white-supremacist Nationalist Party for the next three decades. South Africa, from 1961 to 1989, was drastically different from the majority of developed nations at the time—especially in terms of its race relations. In 1964, the African National Congress’ leader, Nelson Mandela, was sentenced to life imprisonment for leading the main, banned anti-apartheid organization. It wasn’t until 27 years later, in 1989, when South Africa’s new prime minister, F.W. De Klerk, removed the ban on the ANC and allowed Mandela to go free. In 1991, De Klerk and Mandela, at the Convention for a Democratic South Africa, drafted a new interim constitution, which subsequently dismantled
the Apartheid and provided for a majority rule, multiracial democracy. For contributing to such a wonderfully unique success story in South African racial relations and democracy, De Klerk and Mandela were awarded the Nobel Peace Prize in 1993, and in May of 1994, Mandela and the ANC won the first multiracial election, and by 1996, they had officially approved a new national constitution.
DEMOGRAPHICS If South Africa’s racially charged past is of any indication, the country’s diversity is quite important and must not be overlooked. According to the 2011 Census, its population has grown 15% in the last decade, reaching a staggering 51.8 million inhabitants. The National Census breaks up the population into five separate groups: African (Caucasian, Dutch descendants), White, Coloured (non-white), Indian/ Asian, and Other. The 2011 Census showed “Africans” to make up 79.2% of the total population. Only 8.9% of the population self-identified as “White,” another 8.9% identified as “Coloured,” 2.5% identified as “Indian/Asian,” and only 0.5% identified as “Other.” Additionally, 51.3% of South Africans identify as male, while 48.7% of South Africans identify as female.
South Africa is made up of a highly diverse population.
www.ebizguides.com
11
General Information
GOVERNMENT Since 1997, South Africa has enjoyed what many consider to be one of the most progressive constitutions in the world. In light of South Africa’s past human rights violations, their new constitution puts great emphasis on the protection of human rights with a commitment to building a “free, non-racial, non-sexist, democratic, united, and successful South Africa.”
Tel: +27 21 467 4502 Fax: +27 21 465 6550 Ministry of Arts and Culture Postal Address: Private Bag X9011 Cape Town, 8000 Physical Address: 120 Plein Street, Room 1633, Cape Town, 8001 Tel: +27 21 465 5620 Fax: +27 21 461 4236
The government is officially considered to be a constitutional democracy made up of a three-tier system and an independent judiciary. The system is broken down into national, provincial, and local governments, all of which have legislative and executive powers. The government describes each of these separate governments to be “distinctive, interdependent, and interrelated.”
Ministry of Basic Education Postal Address: Private Bag X9034, Cape Town, 8000 Physical Address: 120 Plein Street, Room 282 and 285, Cape Town, 8001 Tel: +27 21 465 7350 Fax: +27 21 461 4788
South Africa’s legislative authority is located in Cape Town and is made up of a Parliament. It is broken down into the National Assembly and the National Council of Provinces (NCOP). The National Assembly has between 350 and 400 members who are elected for five-year terms. It is led by a Speaker and a Deputy Speaker.
Ministry of Communications Postal Address: Private Bag X921, Cape Town, 8000 Physical Address: 120 Plein Street, Room 155, Cape Town, 8001 Tel: +27 21 469 5223 Fax: +27 21 462 1646
The NCOP, however, is a more participatory legislative body, which consists of 54 permanent members and 36 special delegates. It has its own elected chairperson as well. Each province must select 10 representatives to send to the NCOP.
Ministry of Cooperative Governance & Traditional Affairs Postal Address: Private Bag X9123, Cape Town, 8000 Physical Address: 120 Plein Street, Room 1110, Cape Town, 8001 Tel: +27 21 469 6701 Fax: +27 21 461 0851
The National Assembly elects the President from among its members, and he or she serves as Head of State. The President’s Cabinet is made up of the President, Deputy President, Ministers, and Deputy Ministers, all of whom, except two Ministers, are selected from the National Assembly itself.
MINISTRIES
Ministry of Correctional Services Postal Address: Private Bag X9131, Cape Town, 8000 Physical Address: 120 Plein Street, Room 464, Cape Town, 8001 Tel: +27 21 464 4600 Fax: +27 21 465 4375
The information provided below contains the Cape Town addresses for the various ministries. It should be noted that most ministries have a Pretoria address as well. For more information on the individual ministries and their Pretoria addresses, please visit: http://www.gov.za/aboutgovt/contacts/index.php
Ministry of Defense & Military Veterans Postal Address: PO Box 47, Cape Town, 8000 Physical Address: 120 Plein Street, Room 1418, Cape Town, 8001 Tel: +27 21 787 6070 Fax: +27 21 465 5870
Ministry of Agriculture, Forestry, and Fisheries Postal Address: Private Bag X9130, Cape Town, 8000 Physical Address: 120 Plein Street, Room 107, Cape Town, 8001
Ministry of Economic Development Postal Address: Private Bag X9047, Cape Town, 8000 Physical Address: 120 Plein Street, Floor 15, Cape Town, 8001
12
www.ebizguides.com
General Information
Tel: +27 21 466 9800 Fax: +27 21 461 0428 Ministry of Energy Postal Address: Private Bag X9111, Cape Town, 8000 Physical Address: 120 Plein Street, Room 739, Cape Town, 8001 Tel: +27 21 469 6433 / 6425 Fax: +27 21 465 5980 Ministry of Finance Postal Address: PO Box 29, Cape Town, 8000 Physical Address: 120 Plein Street, Room 309, Cape Town, 8001 Tel: +27 21 464 6100 / 6102 Fax: +27 21 461 2934 Ministry of Health Postal Address: Private Bag X9070, Cape Town, 8000 Physical Address: 120 Plein Street, Room 417, Cape Town, 8001 Tel: +27 21 466 7264 / 7272 Fax: +27 21 465 1575 Higher Education & Training Postal Address: Private Bag X9192, Cape Town, 8000 Physical Address: 120 Plein Street, Room 236, Cape Town, 8001 Tel: +27 21 465 5513 Fax: +27 21 465 2943 Ministry of Home Affairs Postal Address: Private Bag X9102, Cape Town, 8000 Physical Address: 120 Plein Street, Room 840, Cape Town, 8001 Tel: +27 21 469 6500 Fax: +27 21 461 4191 Ministry of Human Settlements Postal Address: Private Bag X9029, Cape Town, 8000 Physical Address: 120 Plein Street, Room 219, Cape Town, 8001 Tel: +27 21 466 7600 / 7608 Fax: +27 21 465 3610 Ministry of International Relations & Cooperation Postal Address: Private Bag X152, Pretoria, 0001 Physical Address: 120 Plein Street, Room 1703, Cape Town, 8001 Tel: +27 21 464 3700 Fax: +27 21 465 6548
www.ebizguides.com
Ministry of Justice & Constitutional Development Postal Address: Private Bag X256, Cape Town, 8000 Physical Address: 120 Plein Street, Room 510, Cape Town, 8001 Tel: +27 21 467 1700 Fax: +27 21 467 1730 Ministry of Labour Postal Address: Private Bag X9090, Cape Town, 8000 Physical Address: 120 Plein Street , Room 1205, Cape Town, 8001 Tel: +27 21 466 7160 Fax: +27 21 462 2832 Ministry of Mineral Resources Postal Address: Private Bag X9111, Cape Town, 8000 Physical Address: 120 Plein Street, Floor 7, Cape Town, 8001 Tel: +27 21 462 2310 Fax: +27 21 461 0859 Presidency Ministry for National Planning Commission Postal Address: Private Bag X1000, Cape Town, 8000 Physical Address: 120 Plein Street , Room 1, Cape Town, 8001 Tel: +27 21 464 2100 / 2111 Fax: +27 21 464 2147 Ministry of Police Postal Address: Private Bag X9080, Cape Town, 8000 Physical Address: 120 Plein Street, Room 915, Cape Town, 8001 Tel: +27 21 467 7000 Fax: +27 21 467 7036 Ministry of Public Enterprises Postal Address: Private Bag X9079, Cape Town, 8000 Physical Address: 120 Plein Street, Room 1618, Cape Town, 8001 Tel: +27 21 461 6376 Fax: +27 21 465 2381 Ministry of Public Service & Administration Postal Address: Private Bag X9148, Cape Town, 8000 Physical Address: 120 Plein Street, Room 1310, Cape Town, 8001 Tel: +27 21 469 5450 Fax: +27 21 469 5466
13
General Information
Ministry of Public Works Postal Address: Private Bag X9155, Cape Town, 8000 Physical Address: 120 Plein Street, Room 437, Cape Town, 8001 Tel: +27 21 468 6902 Fax: +27 21 461 4309
Ministry of Trade and Industry Postal Address: Private Bag X9047, Cape Town, 8000 Physical Address: 120 Plein Street, Room 618, Cape Town, 8001 Tel: +27 21 461 7191 Fax: +27 21 465 1291
Ministry of Rural Development & Land Reform Postal Address: Private Bag X9133, Cape Town, 8000 Physical Address: 120 Plein Street, Room 133-1, Cape Town, 8001 Tel: +27 21 461 0515 / 0698 Fax: +27 21 461 1301
Ministry of Transport Postal Address: Private Bag X9129, Cape Town, 8000 Physical Address: 120 Plein Street, Room 1339, Cape Town, 8001 Tel: +27 21 465 7260 / 7261 / 7262 / 7263 / 7264 Fax: +27 21 461 6845
Ministry of Science & Technology Postal Address: Private Bag X9156, Cape Town, 8000 Physical Address: 120 Plein Street, Room 1018, Cape Town, 8001 Tel: +27 21 469 5000 Fax: +27 21 461 1425
Ministry of Water & Environmental Affairs Postal Address: Private Bag X9052, Cape Town, 8000 Physical Address: 120 Plein Street, Room 1518, Cape Town, 8001 Tel: +27 21 464 1500 Fax: +27 21 465 3362
Ministry of Social Development Postal Address: Private Bag X9153, Cape Town, 8000 Physical Address: 120 Plein Street, Room 1039, Cape Town, 8001 Tel: +27 21 465 4011 Fax: +27 21 465 3360
Ministry for Women, Children, & People with Disabilities Postal Address: Private Bag X9193, Cape Town, 8000 Physical Address: 120 Plein Street, Room 186, Cape Town, 8001 Tel: +27 21 469 8300 / 8306 Fax: +27 21 469 8324 / 8325
Ministry of Sports and Recreation Postal Address: Private Bag X9149, Cape Town, 8000 Physical Address: 120 Plein Street, Room 248, Cape Town, 8001 Tel: +27 21 465 5506 / 5509 Fax: +27 21 465 4402 / 086 644 9583 Ministry of State Security Postal Address: PO Box 51278, Waterfront, 8002 Physical Address: 120 Plein Street, Floor 18, Cape Town, 8001 Tel: +27 21 401 1800 Fax: +27 21 461 4644 Ministry of Tourism Postal Address: Private Bag X9154, Cape Town 8000 Physical Address: 120 Plein Street, Room 328, Cape Town, 8001 Tel: +27 21 465 7240 Fax: +27 21 465 3216
14
FOREIGN RELATIONS Ubuntu, meaning “human-ness” refers to the South African ideology that by affirming the humanity of others, one, in turn, affirms his or her own humanity. This concept seeps into the country’s modern-day approach to foreign relations; they firmly believe in promoting foreign policies that respect all nations, peoples, and cultures. This, in turn, leads them to seek out mutually beneficial partnerships with foreign nations from Africa and beyond. South Africa exercises its international involvement through its membership in a wide-variety of international organizations. It is an influential member of the European Union-like group, the African Union (AU), which was, in fact, modeled after the EU and shares many of the same goals. It strives to promote and maintain “democracy, human rights, and development,” across the African Continent. Additionally,
www.ebizguides.com
General Information
as of 1994, it has regained admission to various other international institutions such as the Group of 20 (G20), the Commonwealth of Nations, and the United Nations. While the country is a member of a number of international institutions made up of key countries from outside of Africa, its main foreign policy objectives have a clear African focus. It is still South Africa’s number one priority to promote the African agenda in terms of promoting peace, security, and stability. In doing so, they hope to bring on socio-economic development across the continent.
the use of common-sense tactics. It is best not to wear flashy jewelry or anything that may look expensive. Cameras and other electronic devices should be kept stored away when not in use at all times. It is also important to be careful at ATMs, as it is not uncommon to see robberies take place at such locations. Money should be withdrawn during the day if possible, and it should be stored right away. It is also potentially dangerous to accept help from anyone while at an ATM.
Travel Safety
SAFETY There is no doubt that South Africa has a considerably high crime rate. That being said, for tourists and all visitors alike, it is quite rare to encounter much crime as the majority takes place in South Africa’s poor townships, where tourists generally are not likely to frequent. There are, however, some tips to keep in mind that can greatly lessen the probability of experiencing any safety hazards.
Theft One of the many negative consequences of South Africa’s former apartheid government was that of widespread poverty, which in turn led to widespread crime. Therefore, a possible concern when travelling throughout South Africa is that of potential theft. The best way to avoid any such circumstances is through
South Africans are known for being reckless, aggressive drivers. It is important to remember to be careful while driving and to learn the country’s driving rules and regulations. In Johannesburg, carjacking is stereotypically a common occurrence, although the officially statistics are quite low. One should also be wary of minibus taxis; unlicensed drivers often drive these white vans, and they have a reputation for driving poorly.
Women’s Safety Concerns It is true that South Africa has high sexual assault and rape statistics; however, the statistics do not generally apply to tourists. Like much of the crime experienced in the country, it is limited to the more rural areas. It should be noted that women should wear more conservative clothing when travelling outside of the larger cities so as to avoid unwanted stares, and men and women alike should avoid travelling alone.
Women should avoid travelling alone throughout the country.
www.ebizguides.com
15
General Information
Illness and Disease
While it is, indeed, a relatively warm country, it is generally cooler than other countries located at similar latitudes. This is due to the country’s high altitude.
Most of South Africa is malaria-free, but malaria pills are a good idea for those venturing to the wilderness found in the northern region of the country. More than a quarter of the country is infected with HIV, and therefore, it is extremely important to use protection before engaging in any sexual activity.
LIFESTYLE & BUSINESS ETIQUETTE It is not uncommon to hear South Africa referred to as the “Rainbow Nation,” in reference to its vast ethnic and cultural diversity. Due to its large number of surviving tribes and its varied colonial past, it is no wonder why it may be difficult to pinpoint one unique South African culture. In general, each ethnic group celebrates their own individual culture and lifestyle closely following the lessons and traditions taught by those within their ethnic group.
GEOGRAPHY Located on the southernmost tip of Africa, South Africa has an extremely varied geographic landscape that has something to offer all who visit, whatever their geographical preferences may be. The country is made up of bushveld, grasslands, deserts, mountains, beaches, and even wetlands. Its neighboring countries include: Botswana, Namibia, Zimbabwe, Mozambique, and Swaziland. It landlocks the country, Lesotho, and southeast of Cape Town rest two of its islands, Prince Edward and Marion.
When it comes to business dealings, there are definitely some generalizations to be made. Below are some of the top tips that may come in useful when doing business in South Africa.
CLIMATE
build strong, lasting business relationships.
The climate of South Africa is subtropical, which explains its generally warm, temperate conditions. It is widely considered to be a sunshine-filled country that is relatively dry when compared to the rest of the world. Its average rainfall is 464 mm while the world’s average is 860mm.
son’s individual cultural heritage.
sible. ceeding with any negotiations. -
South African Average Temperature (ºC) CITY
Summer High
Summer Low
Winter High
Winter Low
Bloemfontein
31
15
17
-2
Cape Town
26
16
18
7
Durban
25
21
23
11
East London
26
18
21
10
George
33
15
19
7
Johanesburg
27
15
17
4
Musina
34
21
25
7
Polokwane
28
17
20
4
Port Elisabeth
25
18
20
9
Pretoria
29
18
20
5
Upington
36
20
21
4
16
www.ebizguides.com
General Information
scending manner or place more tests on them than their counterparts, as South Africa does not have a large number of women in senior-level positions. out specific deadlines, it will not be considered a firm commitment.
RELIGION
nates before making any decisions; therefore, negotiations may be slowed down because of this custom.
It is important to note that Christianity has such a strong hold on South Africa because, during the Apartheid, practice of any traditional religions was strictly forbidden. Since the end of the Apartheid, the amount of people claiming to not belong to any religion has steadily been on the rise.
LANGUAGES While many believe South Africa to be an Englishspeaking country with an Afrikaans-speaking minority, the reality is that only 9.6% of South Africans are native English speakers. Native speakers of Afrikaans make up more than that of English holding 13.5% of the population, but this is hardly a majority. The fact of the matter is that South Africa is extremely diverse population, and with that comes great diversity in the languages spoken at home. That being said, English is the most common second language, and it is most commonly used for business and official matters. There are 11 official languages in South Africa, which are represented in the chart below. The chart also accounts for sign language and other non-official languages. LANGUAGE
%
Afrikaans
13.5
English
9.6
IsiNdebele
2.1
IsiXhosa
16
IsiZulu
22.7
Sepedi
9.1
Sesotho
7.6
Setswana
8
Sing language
0.5
SiSwati
2.5
Tshivenda
2.4
Xitsonga
4.5
Other
1.6
www.ebizguides.com
There is currently no official religion in South Africa; however, approximately 80% of the country considers themselves Christian, 5% belong to outlying religions, and 15% do not claim to belong to any religion.
EDUCATION The South African Government is committed to providing basic and further education opportunities to its entire population. The Constitution states that it is the country’s obligation to provide such opportunities whenever possible. In terms of investing in public education, South Africa is one of the most committed countries in the world to this cause. It spends approximately 7% of its GDP on public education and a whopping 20% of its total state expenditure is used towards financing public education projects. Basic education runs from grades 0-9, while further education is considered to be from grades 10-12. Further education may be completed at technical institutes, community colleges, or private colleges.
PUBLIC HOLIDAYS Owing to its strong colonial influences, many of South Africa’s holidays were inherited by its European colonizers. Below is a list of the most influential public holidays: 1 January 21 March Friday before Easter Sunday Monday following Easter Sunday 27 April 1 May 16 June 9 August 24 September 25 December 26 December
17
General Information
BUSINESS WORKING HOURS Normal business working hours are from 9am to 5pm. If agreed upon, workers may work overtime; however, they may only work up to 12 hours a day. Overtime wages are generally paid 1.5 times more than regular working hours, and Sundays are generally paid double that of regular working hours unless Sunday is part of a worker’s normal schedule.
NATIONAL SYMBOLS South Africa has a number of National Symbols with which its people deeply identify.
National Flag The South African flag is one of the world’s most unique and easily identifiable flags. It was premiered on Freedom Day (27 April 1994) and helped mark the ushering of South Africa into its new democratic era. It has a horizontal “Y” shape, which is often interpreted as representing different roads leading to one. This is a metaphor for the many different cultures coming together in the post-apartheid era. It is also the only flag in the world with six colors, thus further drawing attention to the country’s diversity.
The Emblem of South Africa
National Anthem This is made up of a combination of two traditional South African Songs, Nkosi Sikelel’ iAfrica and The Call of Africa (Die Stem von Suid Afrika). The anthem includes all five of South Africa’s most commonly spoken languages.
Nkosi sikelel' iAfrika Maluphakanyisw' uphondo lwayo, (Xhosa) Yizwa imithandazo yethu, Nkosi sikelela, thina lusapho lwayo. (Zulu)
Flag of South Africa
National Coat of Arms The coat of arms was presented on Freedom Day, 27 April 2000. Below the image of a bird is the South African flower, protea, which represents harmony of all cultures and the country coming into full bloom as a nation. The ears of wheat represent the land’s fertility, and the elephant tusks represent wisdom, steadfastness, and strength. The center of the coat of arms illustrates two Khoisian people, who serve as a reminder of who first inhabited the land.
18
Morena boloka setjhaba sa heso, O fedise dintwa le matshwenyeho, O se boloke, O se boloke setjhaba sa heso, Setjhaba sa, South Afrika — South Afrika. (Sesotho) Uit die blou van onse hemel, Uit die diepte van ons see, Oor ons ewige gebergtes, Waar die kranse antwoord gee, (Afrikaans) Sounds the call to come together, And united we shall stand, Let us live and strive for freedom In South Africa our land. (English)
www.ebizguides.com
General Information
God bless Africa Let its (Africa's) horn be raised,
Indian company, Neotel has established itself as a fierce competitor. Currently, there are four mobile phone providers: MTN, Vodacom, Cell C, and 8ta, a subsidiary of Telkom.
Listen also to our prayers, Lord bless us, we are the family of it (Africa). Lord bless our nation, Stop wars and sufferings, Save it, save our nation, The nation of South Africa — South Africa. From the blue of our heavens, From the depths of our seas, Over our everlasting mountains, Where the cliffs give answer, Sounds the call to come together, And united we shall stand, Let us live and strive for freedom In South Africa our land.
CURRENCY Due to its various times being occupied by different colonial powers and its importance as a global trading center, a number of currencies have been circulated throughout South Africa. The Rixdollar was its first official currency in the 17th century, and under British rule, use of Spanish, US, and French currencies were not uncommon. The Reserve Bank of South Africa was established in 1921, and by 1961, the South African Rand (ZAR) became the new official currency under a decimalized system. The ZAR continues to be in use as South Africa’s official currency, and it is also used in Namibia and Lesotho.
COMMUNICATION
GETTING THERE There are many different avenues of approach when it comes to travelling to South Africa. Travelling overland across the continent or by sailboat are two ways to get there for those that are not constrained by time. The most common and most practical method of transportation is by air. Airports Company South Africa (ACSA) runs 10 of South Africa’s most influential and travelled airports. They see 23 million passengers pass through their airports annually. OR Tambo International Airport is South Africa’s major international gateway, with domestic, regional, and international flights to and from Johannesburg; it is also run by ACSA. From Europe, a flight to Johannesburg or Cape Town is typically an overnight flight. From London, for example, it would take around 12 hours to get to either of these cities. From the United States, it typically takes 15 hours to reach one of its major hubs.
GETTING AROUND When it comes to travelling around South Africa, there are a variety of options one can choose from. In general, car rental is most often the best option for domestic travel as South Africa has the best road infrastructure in all of Africa. In general, South Africa’s only weak point is in that of urban public transportation, which is considered by many to be overcrowded and dangerous.
Buses
South Africa is famous for the invention of touchtone dialing, and continuing in this tradition, they are still considered a global leader in the telecommunications industry. In terms of the African continent, South Africa offers the latest and most developed products the industry has to offer. Their network is 99.9% digital, and it provides the latest in land-line, wireless, and satellite communication services.
Greyhound, Intercape, and Translux are South Africa’s three established intercity bus companies. They travel to most cities within the country, and they are considered to be a safe and comfortable way of travelling throughout South Africa. The fares vary but are considered to be quite reasonable nonetheless.
Until 2006, Telkom had a monopoly on the telecommunications industry in South Africa. Since then, the
This is the most popular form of transportation in South Africa serving two-thirds of South Africans.
www.ebizguides.com
Minibus taxis
19
General Information
General Information
It provides transportation all around the country regardless of distance or destination. In large cities, unfortunately, this form of transportation is a hotspot for petty crime. Another drawback is that there is very little luggage space. In remote areas, however, this is often the only form of transportation available short of renting a vehicle.
Trains This is one of the slowest ways of travelling around South Africa. It takes 29 hours, for example, to get from Johannesburg to Cape Town, and by bus, it is only 19 hours. It is, however, more comfortable than many other long-distance options as the seats often convert into bunks for sleeping at night.
Domestic Flights There are several airlines to be chosen from when travelling within South Africa. It is often the fastest option, and can even be the cheapest depending on the dates and route chosen.
DIPLOMATIC INSTITUTIONS
FOREIGN EMBASSIES IN SOUTH AFRICA Angola 1030 Francis Baard St., Pretoria 0001 Tel: +27 12 342 0049/52 Fax +27 12 342 7039 Botswana PO Box 57035, Arcadia, Pretoria 0007 Tel: +27 12 430 9640 Fax: +27 12 342 1845
European Union 1 Greenpark Estates, 27 George Storrar Drive, Groenkloof, Pretoria 0181 Tel: +27 12 452 5200 Fax: +27 12 460 9923 France 250 Melk Street, New Meuckleneuk, Pretoria 0181 Tel: +27 12 425 1600 Fax: +27 12 425 1609
Brazil Pretoria 0002 Tel: +27 12 366 5200 Fax: +27 12 366 5299 Canada
Germany 180 Blackwood Street, Arcadia, Pretoria 0028 Tel: +27 12 427 8900 Fax: +27 12 343 9401 Ghana
Tel: +27 12 422 3000 Fax: +27 12 422 3052
Tel: +27 12 342 5847 Fax: +27 12 342 5863
China 972 Pretorius Street, Arcadia Pretoria 0083 Tel: +27 12 431 6500 Fax: +27 12 342 4244
India 852 Frances Baard Street, Arcadia, Pretoria 0083 Tel: +27 12 342 5392 Fax: +27 12 342 5310
22
www.ebizguides.com
DIPLOMATIC INSTITUTIONS
Mozambique 529 Edmond Street, Arcadia, Pretoria 0083 Tel: +27 12 401 0300 Fax: +27 12 326 6388
Spain 337 Brooklyn Road, Menlo Park, Pretoria 0102 Tel: +27 12 460 01 23 Fax: +27 12 460 22 07
Netherlands 210 Florence Ribeiro / Queen Wilhelmina Avenue, New Muckleneuk, Pretoria 0181 Tel: +27 12 425 4500 Fax: +27 12 425 4511
Swaziland 715 Government Avenue, Arcadia, Pretoria 0083 Tel: +27 12 344 1910 / 17 / 25 Fax: +27 12 343 0455
Portugal 599 Leyds Street, Muckleneuk, Pretoria 0002 Tel: +27 12 341 2340 Fax: +27 12 341 3975 Russia 316 Brooks Street, MenloPark, Pretoria 0102 Tel: +27 12 362 0116 Fax: +27 12 362 0116 Senegal 57 Charles Bramley Street, Pretoria 0001 Tel: +27 12 460 5263 Fax: +27 12 346 5550
www.ebizguides.com
United Kingdom 255 Hill Street, Arcadia, Pretoria 0028 Tel: +27 12 421 7500 Fax: +27 12 421 7599 United States of America 1 Sandton Drive Sandhurst, Johannesburg 2146 Tel: +27 11 290 3000 Fax: +27 11 884 0396 Zimbabwe 13A Boeing Road, West Bedfordview, Gauteng 2007 Tel: +27 11 615 1117 Fax: +27 11 615 1016
23
DIPLOMATIC INSTITUTIONS DIPLOMATIC MISSIONS ABROAD South African Embassy of Angola Condominio Ouro Verde, Rua Premio Dubai, Municipio da Samba, Sector ZRGA, Talatona Tel: +24 4 222 33-9126 / 3305893 / 334187 Fax: +24 4 222 333830 / 398720 / 398726 South African Embassy of Argentina M.T. de Alvear 590, 8th Floor, C1058AAF- Buenos Aires, Argentine Tel: +54 11 4317 2900 Fax: +54 11 4317 2920 South African Embassy of Australia Corner State Circle and Rhodes Place, Yarralumla 2600, ACT Tel: +61 2 6272 7300 Fax: +61 2 6273 1033 South African Embassy of Austria Sandgasse 33, 1190 Vienna Tel.: +43 1 320 6493 Fax: +43 1 320 6493 51 South African Embassy of Belgium Rue Montoyerstraat 17-19, Brussells 1000 Tel: +32 2 285 44 00 Fax: +32 2 514 78 03 South African Embassy of Brazil Av. das Nações, lote 6, Quadra 801, CEP 70406 900, Brasília DF Tel: + 55 61 3312 9500 Fax: + 55 61 3322 8491 South African Embassy of Bulgaria 26 Bacho Kiro Street, 2nd Floor, Sofia 1000 Tel: +359 2 939 5015 Fax: +359 2 939 5017 South African Embassy of Canada 15 Sussex Drive, Ottawa, ON, K1M 1M8 Tel: +1 613 744 0330 Fax: +1 613 741 1639 South African Embassy of Chile Nueva Providencia 2353, Piso 17, Providencia Tel: +56 2 2820 0300 Fax: +56 2 2233 5491
24
South African Embassy of Czech Republic Ruska 65, 100 00 Prague 10 Tel: +420 267 311 114 Fax: +420 267 311 395 South African Embassy of Denmark Gammel Vartov Vej 8, 2900 Hellerup Tel: +45 39180185 Fax: +45 39184006 South African Embassy of the Democratic Republic of the Congo 77 Avenue Ngongo Lutete, Gombe, Kinshasha Tel: +243 81 556 6589 Fax: + 243 81 555 4321 South African Embassy of Egypt Building No. 11, Intersection Road 200 & 203, Digla, Maadi, Cairo, Egypt Tel: +202 2535 3000 Fax: +202 2521 3278 South African Embassy of Equatorial Guinea Avenida Parques de Africa, Caracolas, Malabo Tel: +00240 333 099 522 / 3 Fax: +00240 333 099 521 South African Embassy of Finland Pohjoinen Makasiinikatu 4, 3rd Floor, 00130 Helsinki Phone: +358 9 6860 3100 Fax: +358 9 6860 3160 South African Embassy of France 59, Quai d’Orsay, 75343 Paris Cedex 07 Tel: +33 1 53 59 23 23 Fax: +33 1 53 59 23 33 South African Embassy of Germany Tiergartenstr. 18, 10785 Berlin Tel.: +49 30 22073 0 Fax: +49 30 22073 190 South African Embassy of Gabon 142, Rue des Chavannes, 2nd Floor, Centre Ville, Libreville Tel: +241 77 45 30 / 1 Fax: +241 77 45 36 South African Embassy of Indonesia Suite 705, 7th Floor, Wisma GKBI, Jl. Jend. Sudirman No. 28, Jakarta 10210 Tel: +62 21 2991 2500 Fax: +62 21 574 0655
www.ebizguides.com
DIPLOMATIC INSTITUTIONS South African Embassy of Israel Sason Hogi Tower, 17th Floor, 12 Abba Hillel Silver Street, Ramat-Gan 52506 Tel: +972 03 525 2566 Fax: +972 03 525 3230 South African Embassy of Italy Tanaro14, 00198 Rome Tel: + 39 06 852541 Fax: + 39 06 853003 73 South African Embassy of the Ivory Coast Cocody President, Abidjan 08 Tel: +225 22 44 59 63 / 75 34 Fax: +225 22 44 74 50 South African Embassy of Japan 4th Floor, Hanzomon First Building, 1-4, Kojimachi, Chiyoda-ku, Tokyo 102-0083 Tel: +81 3 3265 3366 Fax: +81 3 3239 2690
South African Embassy of Mozambique 41 Avenida Eduardo Mondlane, Maputo Tel: +258 21 243 000 Fax: +258 21 488 897 South African Embassy of Namibia PO Box 23100, Klein Windhoek Tel: 061 205 7111 Fax: 061 224 140 South African Embassy of New Zealand Level 7, State Insurance Tower, 1 Willis Street, Wellington, 6011 Tel: +64 4 815 8484 Fax: +64 4 472 5010 South African Embassy of Nigeria Plot 371, Diplomatic Zone, Central Business District, Abuja Tel: +234 9 462 4200 Fax: +234 9 413 3829
South African Embassy of Jamaica 15 Hillcrest Avenue, Kingston 6 Tel: +1 876 620 4840 Fax: +1 876 978 0339
South African Embassy of Norway South African Embassy, Drammensveien 88C, 0244 Oslo Tel: +47 23 27 32 20 Fax: +47 22 44 39 75
South African Embassy of Kazakhstan 17th Floor, Kaskad Business Centre, Kabanbai batyra 6/1, Astana 010000 Tel: +7 925 326 / 28 Fax: +7 925 329
South African Embassy of Poland 54 Koszykowa Trade Centre, 6th Floor, UL. Koszykowa 54, 00-675 Warsaw Tel: +4822 622 1031 / 1005 Fax: +4822 625 6270
South African Embassy of Korea 104 Dokseodang-ro (Hannam-dong), Yongsan-gu, Seoul 140-884 Tel: + 82 2 2077 5900 Fax: + 82 2 792 4856
South African Embassy of Portugal Avenida Luis BÃvar, 10, 1069-024 Lisboa Tel: +351 21 319 22 00 Fax: +351 21 353 57 13
South African Embassy of Kuwait Salwa Block 10, Street 1, House 91, Villa No 3, Salwa, Kuwait City Tel: +965 2561 7988 Fax: +965 2561 7917 South African Embassy of Malaysia Suite 22.01 Menara HLA No. 3 Jalan Kia Peng, 50450 Kuala Lumpur Tel: 03 21702400 Fax: 03-21688591
www.ebizguides.com
South African Embassy of Qatar Villa 11Saha 100, West Bay, Doha Tel: +974 4485 7111 Fax: +974 4483 5961 South African Embassy of Russia Granatny Pereulok, Moscow 123001 Tel. +7 495 926 1177 Fax: +7 495 926 1179 South African Embassy of Senegal Mermoz Sud, Lotissement Ecole de Police, Lot no. 5, Dakar Tel: +221 33 865 1959 Fax: +221 33 864 2359
25
DIPLOMATIC INSTITUTIONS South African Embassy of Singapore 15-01/06 Odeon Towers, 331 North Bridge Road, 188720 Tel: +65 6339 3319 Fax: +65 6339 6658 South African Embassy of the Republic of Sudan Street 11, B9, House 16, Al Amarat, Khartoum Tel: + 249 183 585 301 / 2 / 3 / 4 Fax: + 249 183 585 082 South African Embassy of Spain Calle Claudio Coello, 91 - 6th floor 28006 Madrid Tel+ 34 91 436 37 80 Fax + 34 91 577 74 14
26
South African Embassy of Sri Lanka 114 Rosmead Place, Colombo 07 Tel: +94 11 246 3000 Fax: +94 11 268 8670 South African Embassy of Sweden Fleminggatan 20, 4th floor, 112 26 Stockholm Tel: +46 8 24 39 50 Fax: +46 8 660 71 36 South African Embassy of Switzerland Alpenstrasse 29, 3006 Bern Tel: +41 31 350 13 13 Fax: +41 31 351 39 44 South African Embassy of Taiwan Suite 1301, 13th FL., 205 Tun Hwa North Rd., Taipei 105 Tel: +02 8175 8588 Fax: +02 2712 5109
www.ebizguides.com
DIPLOMATIC INSTITUTIONS South African Embassy of Thailand 12th A Floor, M Thai Tower, All Seasons Place, 87 Wireless Road, Lumpini, Pathumwan Tel: +66 2 659 2900 Fax: +66 2 685 3500
South African Embassy of Saudi Arabia King Khalid Road, Um Al-Hammam East, Riyadh 11693 Tel: + 966 1 442 9716 Fax: + 966 1 442 9708
South African Embassy of Tunisia 7, Rue Achtart, Nord Hilton, Tunis Tel: + 216 71 800 311 Fax: + 216 71 796 742
South African Embassy of Great Britain Trafalgar Square, London, WC2N 5DP Tel: +44 20 7451 7299 Fax: +44 20 7839 5670
South African Embassy of Turkey Filistin Sokak No. 27, GOP, 06700 Ankara Tel: +90 312 405 68 61 Fax: +90 312 446 64 34
South African Embassy of the United States 3051 Massachusetts Ave, NW, Washington, DC 20008 Tel: +1 202 232 4400 Fax: +1 202 244 9417
www.ebizguides.com
27
?
DID YOU KNOW?
most officially recognized languages out of any country in the whole world.
in the world. It is thought to have measured 300 km. across when originally formed. tage Sites in the country.
28
www.ebizguides.com
DID YOU KNOW?
?
plant in South Africa in 1967. tries in the world to host the Cricket, Rugby, and Soccer World Cups.
www.ebizguides.com
is located in South Africa with a height of 710 ft.
rather, it has three: Pretoria, the Executive Capital, Cape Town, the Legislative Capital, and Bloemfontain, the Judicial Capital.
29
aA
VOCABULARY
English
Afrikaans
Zulu
Welcome
Welkom
Ngiyakwemukela (sg) Ngiyanemukela (pl)
Hello
Haai (inf), Hallo, Goeie dag (frm)
Sawubona (sg) Sanibonani (pl)
How are you?
Hoe gaandit met jou? (inf) Hoe gaandit met U? (frm)
Unjani? (sg) Ninjani? (pl)
I'm fine, thanks. And you?
Goed, dankie, en met jou/U? Baiegoeddankie, en self?
Ngikhona, ngiyabonga. Wena unjani? (sg) Sikhona, siyabonga. Nina ninjani? (pl)
What's your name?
Wat is jounaam? (inf) Wat is U naam? (frm)
Ngubani igama lakho?
My name is ...
My naam is ...
Igama lami ngu...
Where are you from?
Waarvandaankomjy? (inf) Waarvandaankom U? (frm)
Uphumaphi? Uvelaphi?
I'm from ...
Ekkom van ... af
Ngiphuma e ... / Ngivela e ...
Pleased to meet you
Bly tekenne / Aangenamekennis (frm) Lekkeromjouteontmoet (inf)
Ngiyajabula ukukwazi
Good morning
GoeiemĂ´re, MĂ´re
Sawubona (sing.), Sanibona (plural)
Good afternoon
Goeiemiddag
Sawubona (sing.), Sanibona (plural)
Good evening
Goeienaand
Sawubona (sing.), Sanibona (plural)
Good night
Goeienag / Nag
Lala kahle (sing.), Lalani kahle (plural)
Goodbye
Totsiens / Mooi loop (go/walk well)
Sala kahle (to person staying) Salani kahle (to people staying) Hamba kahle (to person leaving) Hamba kahle (to people leaving)
Good luck
Sterkte!
Ngikufisela iwela! / Ngikufisela impumelelo!
Cheers/Good health!
Gesondheid!
Impilontle! Akubekuhle!
Have a nice day
Lekker dag!
Ube nosuku oluhle! (sg) Nibe nosulu ulohle! (pl)
Bon appetit
Smaaklikeete!Lekkereet!
Thokoleza ukudla!
Bon voyage
Veiligereis!Voorspoedigereis!
Ube nohambo oluhle!
30
www.ebizguides.com
aA
VOCABULARY English
Afrikaans
Zulu
I don't understand
Ekverstaannie
Angizwa
Please speak more slowly
Praatstadigerasseblief
Ngicela ukhulume kancane
Please write it down
Skryfditneerasseblief!
Ngicela ukubhale
Do you speak English?
Praatjy Engels? (sg/inf) Praatjulle Engels? (pl/inf) Praat U Engels? (frm/sg) PraatMeneer Engels? (frm/>m) PraatMevrou Engels? (frm/>f)
Ukhuluma isiNgisi na?
Excuse me
Verskoon my! Ekskuus!
Uxolo!
How much is this?
Hoeveelkosdit?
Kubiza malini?
Sorry
Jammer!
Ngiyaxolisa
Thank you
Dankie / Baiedankie
Ngiyabonga / Ngiyabonga kakhulu (sg) Siyabonga (pl)
Response
Dis 'n plesier
Uyamukelwa (sg) Niyamukelwa (pl)
Where's the bathroom?
Waar is die toilet?Waa issie toilet? (slang)
Likuphi ikamelo lokugezela? Likuphi itholethe?
Get well soon
Word gougesond!
Phila masinya
Leave me alone!
Laat my met rus! Los my uitasseblief!
Ndiyekele!
Help!
Help!
Usizo!
Fire!
Brand!
Umlilo!
Stop!
Stop!
Ma!
Call the police!
Bel die polisie!
Biza amaphoyisa!
Merry Christmas & Happy New Year
GeseëndeKersfees en 'n voorspoedigeNuwejaar GeseëndeKersfees en 'n gelukkigenuwejaar
Ngikufisela uKhisimusi oMuhle noNyaka oMusha oNempumelelo
Happy Easter
GeseëndePaasfees
IPhasika elijabulayo / IPhasika elithokozayo
Happy Birthday
GelukkigeVerjaarsdag
Halala ngosuku lokuzalwa
www.ebizguides.com
31
BUSINESS RESOURCES
Business Resources AIRLINES Air France Village Walk Shopping Centre, Rivonia Road Sandton 2196 Tel: +27 11 523 8001 Fax: +27 11 523 8111 British Airways P.O. Box 535 Parklands 2121 Tel: +27 11 441 8600 Fax: +27 11 684 2615 Catha Pacific Cargo service Centre House, Foreign Airlines Cargo Terminal, OR Tambo International Kempton Park 1619 Tel: +27 11 700 8900 Fax: +27 11 390 1335 Delta Travel Vision LTD, 17th Floor Norton Rose House, 8 Riebeeck St Cape Town 8000 Tel: +27 11 408 8200 Fax: +27 21 4257155 Emirates Emirates CTO, Ground Floor Convention Towers, Corner of Walter Sisulu Avenue and Heerengracht St Foreshore 8012 Tel: +27 86 136 4728 Kenya Airways P.O. Box 650233 Benmore 2010 Tel: +27 82 234 5786 Fax: + 27 10 205 0019 KLM P.O. Box 651975 Benmore 2010 Tel: +27 11 881 9696 Fax: +27 10 205 0199
OR Tambo International Airport Johannesburg1627 Tel: +27 86 100 1234 Kulula Corner of 1 Marignane Drive and Atlas Road Bonaero Park1619 Tel: +27 86 158 5852 Fax: +27 11 388 2463 Qatar Airways Cape Town International Airport, 2nd Floor Departures Terminal Cape Town 7525 Tel: +27 11 390 2196 Fax: +27 21 425 3681 Singapore Airlines 3rd Floor Sunclare Building Claremont 7408 Tel: +27 11 880 8560 Fax: +27 21 425 3681 South African Airways SAA City Ticket Office, 4 Chaplin Road, Corner of Chaplin and Melville Road Illovo 2196 Tel: +27 86 135 9722 SA Express OR Tambo International Airport Head Office Johannesburg 1627 Tel: +27 11 978 9905 Fax: +27 11 978 2318 Turkish Airlines 191 Jan Smuts Avenue, Parktown North Rosebank 2196 Tel: +27 11 578 8000 Fax: +27 11 4473207 Virgin Atlantic Building C 50, 6th Road Hyde Park 2196 Tel: +27 11 978 5313
Lufthansa 22 Girton Road Parktown 2193 Tel: +27 86 184 2538 Fax: +27 21 415 3569
BEAUTY SALONS / HAIRDRESSERS / SPAS
Mango Mezzanine Level, Domestic Departure Terminal,
Scar 22ndKloof St
34
CAPE TOWN
www.ebizguides.com
Business Resources
Gardens 8001 Tel: +27 21 4225900 Blokes Hair Unit 108, the Foundry, Cardiff St Green Point 8005 Tel: +27 71 402 4664
Hertz P.O. Box 444 Parow7499 Tel: +27 86 160 0136 Sixt OR Tambo Airport Johennesburg 1620 Tel: +27 11 570 1950
JOHANNESBURG The Emperors Palace 64 Jones Road Kempton Park 1619 Tel: +27 11 928 1000 Fax: +27 11 928 1001
PRETORIA Beauty Elementz P.O. BOX 55444 Wierdapark 0157 Tel: +27 84 373 2920 Fax: +27 86 2974859 Health and Skincare Institute 353 Elizabeth Grove Lynnwood 0081 Tel: +27 12 361 2570 Fax: +27 12 348 6312
CAR RENTALS Avis 3 Brabazon Road Isando1600 Tel: +27 11 923 3518
CINEMAS & THEATRES CAPE TOWN Artscape Malan St Foreshore 8001 Tel: +27 21 410 9800 LABIA SCREEN Kloof 68 Orange St Gardens 8001 Tel: +27 21 424 5927
JOHANNESBURG The Market Theatre Corner of Bree and Miriam Makeba Johannesburg 2001 Tel: +27 11 832 164123 Ster-Kineka 185 Katherine Street, Eastgate Ext 4 Sandton2001 Tel: +27 11 821 6789
PRETORIA Budget Budget House, 494 Wrench Road Isando 1601 Tel: +27 11 398 123 Fax: +27 11 398-0097 Europcar 6 Ernest Oppenheimer Avenue Bruma 2026 Tel: +27 86 113 1000 Fax: +2711 453 6889
www.ebizguides.com
Brooklyn Theatre Greenlyn Village Centre, Corner of Thomas Edison Street and 13th Street Menlo Park0081 Tel: +27 12 460 6033 Fax: +27 86 515 6599 Nu Metro The Pavilion Jack Martens Drive Durban 3629 Tel: +27 31 265 0001
35
Business Resources DENTISTS
HEALTH & FITNESS CENTERS
CAPE TOWN
CAPE TOWN
The Cosmetic and Dental Emporium Suite 7112, Victoria Wharf, V&A Waterfront 8001 Tel: +27 21 418 2668 Fax: +27 21 418 2669
Groote Schuur Hospital Groote Schuur Drive Cape Town 7925 Tel: +27 21 404 9111 Fax: +27 21 447 5206
Dr. JJSerfontein 20 Kloof St, Rozenhof Court Cape Town 8001 Tel: +27 21 424 5172 Fax: +27 86 659 8939
Valkenberg Hospital Observatory Road Cape Town 7925 Tel: +27 21 440 3111 Fax: +27 21 440 3250
JOHANNESBURG JOHANNESBURG Sadentist Longpoint Medical Centre, West Wing, 3rd Floor, Corner of Montecasino and Witkoppen Road Fourways2191 Tel: +27 11 465 9820 Fax: +27 86 602 1276
PRETORIA Dr. JurgenBence 795 Park St Arcadia 0083 Tel: +27 12 344 3842 Dr. Menine McDonald 425B Jaqueline Drive Garsfontein0083 Tel: +27 12 361 6361
36
Chris Hani Baragwanath Hospital Old Potchefstroom Road Soweto 2013 Tel: +27 11 933 8000 Fax: +27 11 938 1005 Milpark Hospital 9 Guild Road Johannesburg 2193 Tel: +27 11 480 5600 Fax: + 27 11 482 3317
PRETORIA The Steve Biko Academic Hospital Dr. Savage Road Pretoria 0001 Tel: +27 12 354 1000 Fax: +27 12 354 1702
www.ebizguides.com
Business Resources
Zuid African Hospial 255 Bourke St Muckleneuk 0002 Tel: +27 12 343 3001 Fax: +27 12 343 4592
Tel: +27 11 492 1800
LEGAL SERVICES
PRETORIA
JOHANNESBURG Webber Wentzel 10 Fricker Road Sandton 2196 Tel: +27 11 530 5000
Colony Pharmacy 345 Jan Smuts Avenue, 1 Colony S/ Center Craighall Park2196 Tel: +27 11 327 0300
Irene Pharmacy Main Road Irene 0062 Tel: +27 12 667 5655 Medipost Pharmacy Kirkness St Pretoria 0007 Tel: +27 11 807 1190
PHARMACIES POST AND MAILING SERVICES CAPE TOWN NU - Pharmacy G42 Cavendish Square Claremont 7708 Tel: +27 21 674 1044
DHL Hotline for SA: +27 86 034 5000
JOHANNESBURG
UPS Cape Town Tel: +27 21 555 2745 Johannesburg Tel: +27 11 922 9200
Bank City Pharmacy Pritchard Street, FNB Bank City 2001
www.ebizguides.com
FedEx Hotline for SA: +27 87 742 8000
37
TOP 50 COMPANIES FINANCE
INDUSTRY & TRADE
ABSA African Bank Standard Bank Capitec Bank Nedbank First National Bank FirstRand Investec Liberty MMI Holdings Remgro RMB Holdings Sanlam
SASOL
AngloGold Ashanti Allied Technologies Bidvest Carling Black Label Castle Imperial Holdings Shoprite Spar Pick’n Pay Mondi Truworths Miller Genuine Draft Mr Price Makro Nampak PG Bison SABMiller Steinhoff International
MINING
TRANSPORT
ENERGY
Impala Platinum Holdings Exxaro Resources Gold Fields Assore
38
Grindrod SAA
www.ebizguides.com
TOP 50 COMPANIES ICT / COMMUNICATION
HEALTHCARE
Media24 MTN MultiChoice Naspers Telkom Vodacom
Aspen Pharmacare Holdings Netcare Mediclinic Discovery Clicks
AGRICULTURE Huletts
www.ebizguides.com
39
ECONOMY
Economy
OVERVIEW According to the World Bank, South Africa is the largest African economy and is classified as an “upper middle-income country.” While the rest of the world has suffered greatly due to the recent global economic recession, the South African economy has managed to tread water, in large part, due to its sensible monetary and fiscal policies. The country has all the elements needed for economic success, and it has shown true expertise in taking advantage of all that it has to offer. Its banking system, rich natural resources, developed regulatory systems, high research and development capabilities, as well as an established manufacturing base are what truly sets South Africa apart from its contemporaries. It is widely believed that with all the factors working in South Africa’s favor, it should be experiencing even more economic growth than what it has recently experienced. That being said, the future does look
42
bright for the country. The World Economic Forum ranked South Africa 2nd in the world in terms of private institution accountability, 3rd in financial market development, and 20th in terms of security exchange size. In a recent report, the World Bank has given South Africa an economic growth outlook percentage of 2.7%. The report also states that in order to meet the growth expected under South Africa’s National Development Plan, it will have to see an accelerated export growth of 5.3%. In terms of annual inflation, South Africa has seen a general decrease and deceleration in recent years. Since 1968, the average inflation rate has been 9.46%. Its most recent high was seen in March 2009 at 8.7%, and, as of February 2014, it has decreased to a rate of 5.95%.
www.ebizguides.com
Economy
SOUTH AFRICA INFLATION RATE
Anual Change on Consumer Price Index
12
12
10
10
8
8
6
6
4
4
2
2 Jan /10
SOURCE: http://www.tradingeconomics.com
Jan /12
Jan /14
Estatistic South Africa
ECONOMIC REFORMS & LEGISLATION In August 2009, the Competition Amendment Act, 2009 was passed to amend the Competition Act, 1998. It serves to clear up some discrepancies found in the original version of the act.
and investigation of cartel conduct.
According to the Competition Amendment Act, 2009, it provides certainty in regards to:
by 2020. This target is currently being carried out by NGP, resource, and institutional drivers.
petition Commission and other regulatory authorities
The government, business, and labor stakeholders signed a local procurement accord in 2011 with the aim of curbing South Africa’s reliance on imports. Its reliance on imports had led to the weakening of the manufacturing sector in the previous decade. Under this accord, many of the main economic players of the country committed to working together to increase the amount of goods and services purchased from local producers.
that tend to prevent or distort competition in the market for any particular good or service. market inquiries as a tool to identify, and make recommendations with respect to conditions that tend to prevent, distort, or restrict competition in the market for any particular good or service. cause firms to engage in cartel conduct personally accountable. a respondent of a complaint if the respondent has assisted the competition authorities in the detection
www.ebizguides.com
The New Growth Plan (NGP), implemented in Octo-
The infrastructure development plan, adopted by the government in 2012, was meant to transform the South African economic landscape, create employment opportunities, and improve delivery services. the plan, and all 18 have begun.
43
Economy PRIVATE SECTOR DEVELOPMENT The South African private sector is quite varied, but since 1994, it has gone through drastic changes. The private sector is immense, and in some sectors like the Healthcare sector, it is larger than its public counterpart.
Agriculture Mining Manufacturing
The country has a number of key private sectors that contribute to its GDP growth. According to the 2012 statistics released by Statistics SA, the percentage contribution to GDP by sector is as follows:
Electricity and water Construction Wholesale, retail, and automobile trade Transport, storage, and communication Finance, real estate, and business services Personal services Other
44
www.ebizguides.com
Economy LABOR FORCE & EMPLOYMENT
and female employment rates. The NGP 2020, now the NGP 2030, was recently re-
According to the Quarterly Labour Force Survey, the third quarter of 2013 showed South Africa’s workforce to be at 18.6 million. Out of the total workforce, only 13.7 million individuals are employed. This puts the unemployment rate for this period at 24.7%, which is nearly a full 1% decrease from the previous quarter. Additionally, there is consistently a great divide between male
SOUTH AFRICA UNEMPLOYMENT RATE
26
As can be seen in the graph shown below, the unemployment rate for women is consistently up to 5 percentage points higher than that of their male
Percentage of the Labor Force
26
25.6
25.4 25.1 25.1
25
25
25
24.8
25.2 24.5
24.1 23.2 22.6
23
22.8
22
25
24.8
24.5 23.9
24 23
account for the years leading to 2030. According to this report, the unemployment rate should fall to 14% by 2020 and to 6% by 2030.
25.3
25
24.5 24.1
23.8
24
23.2
23 22
21.5
21
21 Jan /10
SOURCE: http://www.tradingeconomics.com
Jan /12
Jan /14
Estatistic South Africa
SOUTH AFRICA UNEMPLOYMENT RATE
2008 - 2013
Percentage
30 25 20 15
Q1
Q4
Q3 Women
Q2
Q1 Men
Q4
Q3
Q2
RSA
SOURCE: Stats SA
www.ebizguides.com
45
INVESTMENT & LEGAL FRAMEWORK
Investment & Legal Framework
OVERVIEW Due to South Africa’s sophisticated financial and legal sectors, investment in the various sectors of the country is quite high and on the rise.According to the International Finance Corporation’s Doing Business 2013 report—an annual survey that measures the investment climate in individual countries, South Africa has moved up two spots and now ranks 39th out of 185 countries in the World Bank.
INVESTMENT CLIMATE One of the most promising and sophisticated emerging markets in the world today is that of South Africa. It is often viewed as holding a strategic and key location on the African continent and, for many, serves as a gateway into the continent. The country is also a member of the BRICS grouping of countries, which include Brazil, Russia, India, and China as well. This is due to its emerging and
48
newly industrialized status. Its demographic profile and increasing middle-class spending power is also another attractive selling point for the country. The wide variety of natural resources available in the country is yet another reason for the country’s increased attention—particularly from international exploration companies in the oil and gas sector.Remarkably, the country is also committed to reducing its environmental impact. It has been proactive in initiating the development and rollout of new green technologies and industries. The political and macro-economic stability found in the country makes its investment climate more favorable. There is a great supply of semi-skilled and unskilled labor, which often outranks the numbers in comparable emerging markets in terms of the overall cost of doing business. The cost of professional jobs is consistently far cheaper than the cost in European countries; many times the price of professional services is less than half that which can be found in Europe.
www.ebizguides.com
Investment & Legal Framework
The South African government has passed a number of bills with the aim of promoting skills development to meet the needs of emerging sectors.
INVESTMENT LAW & FINANCIAL REPORTING The International Finance Corporation’s Doing Business 2013 report ranked South Africa tenth in terms of investor protection; this makes South Africa number one in terms of investor protection out of all otherAfrican countries. The report also noted great improvements in its enforcing of contracts and trading across borders. The Broad-Based Black Economic Empowerment (B-BBEE) policies apply to all companies planning to conduct business with the South African government or companies in the country. These policies aim to help historically disadvantaged communities. Financial Reporting in South Africa is run by the legally constituted standard-setter, the Financial Reporting Standards Council (FRSC). It was created in 2011, and it is a private sector body made up of a number of industrial and accounting bodies. The Accounting Practices Board also approved the
International Financial Reporting Standards (IFRS) without change for those within the scope of the standard. Depending on an entity’s “public interest score,” a company may use the IFRS.or the South African Statements of Generally Accepted Accounting Practice (SA GAAP).
FOREIGN CURRENCY The only currency in use in South Africa is the Rand. All foreign currency must be exchanged to Rand for use inside the country. The exchange rate has been historically favorable for the US dollar and the Euro. As of 2014, 1 Rand equals 0.068 Euros or 0.095 US Dollars.
CONSIDERATIONS & INCENTIVES As of 2013, the corporate tax rate in South Africa is 28%. This compares favorably against many developing country. South African law has strict prohibitions against anti-competitive conduct, restrictive practices, and abuses made by dominant firms, or firms with more than 35% of the market share. Price fixing, predatory pricing, and collusive tendering are never tolerated.
Rob Davies (far right), Minister of the Department of Trade and Industry, sits with his colleagues to discuss some of the key issues within this department.
www.ebizguides.com
49
FINANCE
Finance
OVERVIEW Although South Africa’s market is technically considered “emerging,” it is widely regarded as being quite sophisticated. This is due, in large part, to their highly developed regulatory and legal framework. After being reintroduced to the world in 1994, the country hassince become the home to domestic and foreign financial institutions, which provide commercial, retail, merchant banking, mortgage lending, and insurance and investment services. Additionally, financial sector regulations, particularly in terms of risk management, are now aligned with the internationally recognized global standard of good practice. The Financial Services Board regulates financial markets and institutions while promoting sound and efficient services. It also has mechanisms in place designed to protect investors. These regulations do not apply to banks that fall under South Africa’s central bank—the South African Reserve Bank. With over R6 trillion in assets, the financial service sector continues to be on the rise. A little over 50% of the financial sector’s assets are made up of those from the banking sector. The financial sector ac-
52
counts for 10.5% of the country’s GDP, and 4% of the country’s total employment stems from the sector. All those involved in the financial sector are committed to promoting a healthy, active, and vibrant sector that reflects the demographics of South Africa. They wish to further the development of the sector into one that is all-inclusive to benefit South Africans from all backgrounds and upbringings.
INVESTMENT OPPORTUNITIES The financial sector in South Africa is of the most profitable sectors in South Africa, and thus, represents an attractive investment opportunity. In recent years, the sector has proven itself to be resistant to even the most threatening of market problems. Even amidst the height of the global economic crisis, the sector contributed to the country’s total real annual growth. The sector added 1.5% of growth to the country in 2007 and 2008, and in 2009, when overall growth was negative, 0.2% was added by the sector.
www.ebizguides.com
Finance BANKING SYSTEM The banking system in South Africa is considered to be well-developed and effectively regulated. Compared to other industrialized countries, it fairs well in terms of its banking system. Itis also highly trusted by the international community; in 2008/9, it ranked 15th in financial security by the World Economic Forum’s Global Competitiveness Report. This is a particularly interesting ranking considering that the global financial crisis began in 2008. Its strong regulatory structure surely helped shield the country from the worst of the global crisis. The banking system and the financial sector as a whole have the same overarching goals. Those within the system work to improve the quality and availability of the financial products and services for those that often are excluded and underserved. The South African Reserve Bank runs the Registrar of Banks, which is responsible for registering banks and defining them as either singular or mutual institutions. It is also responsible for enforcing financial legislation. The government does not exercise much control over the Registrar; however, annually, it must report to the Ministry of Finance, who then passes information on to the Parliament. Investment and Merchant Banking is quite competitive in South Africa. It is lead by the “big five”: Absa, First National Bank, Standard Bank, Nedbank, and Capitec.
STOCK EXCHANGE The stock exchange in South Africa is the Johannesburg Stock Exchange (JSE). It is the 17th largest in the world, and it is privately owned, funded, and governed by a board of directors. It is Africa’s largest stock exchange and has 400 listed companies and 907 securities. In terms of security regulation, the JSE ranks number one in the world according to the World Economic Forum. This is due to its leading technology: surveillance and settlement at a T+5 basis.
INSURANCE SECTOR There are 183 registered insurance companies in South Africa; 105 of which are short-term insurance providers, while 78 are long-term providers.
www.ebizguides.com
Life Insurance There are many life insurance options in South Africa, and there are a number of successful well-established life insurance companies withmassive amounts of reserves, which make them secure and stable.
MAIN ENTITIES 1LIFE INSURANCE Laurence Hillman MD 1 TelesureLane, Auto and General Park Riverglen2191 Tel: +27 86 010 5340 Fax: +27 86 010 5197 info@ilife.co.za www.1life.co.za
Activity: Insurance Provider Founded: 14 March 2006 1Life Insurance is a life insurance provider that offers great savings throughout South Africa. It is registered under Tellesure and the Budget Holdings Ltd Group, and it was formed out of a need for a direct insurer in the long-term insurance market. It has a unique commitment to family, and it truly understands the special needs and benefits that come through the acquisition of life insurance. Prior to 2006, many of the other insurance entities in South Africa operated through intermediaries. 1Life was actually the first direct life insurance company. It was created during an unstable time in South Africa when South Africans were demanding more from their insurers, and consumer confidence was at an all-time low. 1Life took on this challenge and set out to provide South Africans with affordable, simple, and convenient insurance products suited to both their life stage and pocket. In addition to being the first direct life insurance company, it was also the first to sell life insurance online, launch a USSD policy management service for its policyholders, and the first and only life insurer to introduce HIV testing via saliva swabs instead of blood tests. As a key player in the South African life insurance industry, 1Life is proudly South African and particularly
53
Finance
mindful of the needs of the South African consumer. Its vision is to transform the South African insurance industry into a customer-centric and service-orientated industry that is dedicated to equipping consumers with the financial know-how they need to change their lives and the lives of their families. Its pricing structure meets its target demographic and is extremely affordable. In addition to offering standard life insurance packages, disability insurance, dread disease coverage, and funeral insurance are also offered. In 2012, it further expanded its product offerings and launched 1Life Investments (unit trusts) and 1Life Personal Loans. It has been operating as a medium-sized company, but its growth potential is immense because of its ability to reach out to the previously uninsured. Laurence Hillman, the Managing Director of 1Life concisely summarized their aspirations, saying: “Our pricing structure meets the demographics that we target and is extremely affordable. We are striving to service higher volumes while working with thinner margins as opposed to some of the big insurance players who look for lower volumes and higher margins.” Laurence Hillman, Managing Director
AFRICAN BANK Leon Kirkinis CEO 59 16th Road Midrand 1682 Tel: +27 11 256 9000 Fax: +27 11 256 9217 www.africanbank.co.za
Activity: Banking Founded: 1993 As the largest unsecured lender in all of South Africa, African Bank certainly is heavily involved with and responsible for much of the development of the population of South Africa. African Bank traces back to the year 1993—a time when South Africa was on the verge of introducing a democratic government. Therefore, their roots are deeply embedded in equality and opportunity for the entire population. Known for being the bank that is responsible for driving the growth in micro-lending in South Africa, African Bank is proud of its history and reputation.
54
Formerly known as Theta Securities, it has been operating under the name African Bank since 1999. It is now listed on the Johannesburg Stock Exchange with a market capitalization in excess of R13 billion. As a publicly traded company, African Bank must comply with all appropriate legislation, and it is quite proud of its Corporate Governance. In the last 3 years, the company has more than doubled, and it does not seem to be stopping anytime soon. In terms of raw numbers, African Bank cannot be described as anything but large. With an active client base of over 2.6 million people and over 14,000 employees across 16,000 bank branches, African Bank is well known throughout the entire country. Micro-finance is an industry that is growing in most developing economies around the world, and South Africa is no exception. It is an opportunity for impoverished populations to get themselves out of poverty, something which is sorely needed in South Africa. Often micro-lending is offered by non-profit organizations; however, African Bank has managed to create a profitable business contributing not only to the betterment of the population, but also to the economy as a whole. While African Bank has directly contributed to the development of the South African population through its offering micro-finance, the bank is also actively engaged in Black Economic Empowerment practices. The bank has two key initiatives, both of which encourage employees and customers to buy into and retain partial ownership of the bank. These two initiatives named Hlumisa and Eyomhlaba are ongoing and highlight African Bank’s commitment to black economic empowerment and to their customers. African Bank believes that small businesses play a vital role in creating jobs and wealth in the economy. African Bank is also involved in a range of activities devoted to community development. The bank’s Corporate Social Responsibility program has a real focus on education and long term, sustainable job creation. Within the Gauteng region, African Bank’s social initiatives have impacted over 100,000 people already. One of their many initiatives is the Tembisa Entrepreneurial Development Programme, which provides selected school students with relevant practical knowledge and experience running a small business. These sorts of ongoing programmes are fine examples of this bank’s contribution to the community by helping to steer the community towards developing sustainable and productive skills.
www.ebizguides.com
Finance
BIDVEST BANK
Activity: Banking Founded: 1958
JapieVannieker CEO 11th floor Rennie House 19 Ameshoff St Braamfontein 2001 Tel: +27 11 407 3103 Fax: +27 11 407 3217 info@bidvestbank.co.za www.bidvestbank.co.za
Activity: Banking Founded: 2007 Bidvest Bank is a specialist retail and business bank, and it primarily works to provides foreign currency exchange services as well as commercial banking services. It has over 100 branches across South Africa and it is the third largest fleet management provider in the country. Through its fleet and financial services, it can finance, lease, source, purchase, service, repair, insure, license, and even sell its clients’ vehicles. With more than 150 years of involvement in foreign exchange in Southern Africa, it has a great deal of knowledge and expertise to help its clients find the best business solutions. The company’s main product is the World Currency Card. It can be loaded with a predetermined amount of money with up to 18 different currencies. This currency option offers the greatest amount of currency options in the world. Customers can, thus, make cheaper and more transactions when travelling between countries. Its CEO, Japie Vannieker, elaborates on this topic stating: “Our experience in foreign currency transactions allows us to clear foreign exchanges quicker than any other South African bank.” Japie Vannieker, CEO
CITI BANK DonnaOosthuyse CCO 145 West St, Sandton 2031 Tel: +27 11 944 1000 Fax: +27 11 944 1010 donna.oosthuyse@citi.com www.citibank.com/southafrica
www.ebizguides.com
With an extensive product range tailored to providing integrated banking solutions, Citi Bank is a leader in everything from day-to-day transactional banking to complex financing structures. In 1958, Citi Bank opened its first branch in Africa, and it now boasts branches in 15 countries across the African continent. Its offers a wide range of structured products including global loan syndications, export credit agency financing for capital imports, project finance, cross-border leasing, and crossborder securitization. In recent years, telephone and internet usage has increased exponentially in the region. Business activity has surged as a result of this, and Citi Bank has capitalized on this through its investment in technological platforms that work to create a global digitalized platform for the company. The company’s CCO, Donna Oosthuyse, comments on the economic growth of Africa saying: “I honestly see the African continent as one of the next true destinations of growth for three reasons: globalization, urbanization, and digitalization. All three of these factors are growing faster in Africa than anywhere else in the world. This growing sophistication has led us to see a trend not only of developed economies investing in emerging markets but also emerging markets investing in emerging markets.” Donna Oosthuyse, CCO
DIPULA INCOME FUND LTD Izak Petersen CEO Block B Dunkeld Park, 6 North Road Dunkeld West 2196 Tel: +27 11 325 2112 Fax: +27 11 325 7597 izak@dipula.co.za www.dipula.co.za
Activity: Property Loan Stock Company Founded: 2006 Dipula Income Fund is a property loan stock company and a long-term investor in South African real
55
Finance
estate. Its management has a sizable stake in the fund, which makes for a shared interest between the management and the unitholders. The company was originally formed in 2006, and it was originally entitled Dipula Property Fund. In 2011, it merged with Mergence Africa Property Fund—a similar company fcreated around the same time. Dipula primarily specializes in finding undesired properties, generally located in poor areas or where space is poorly utilized. By doing this, it empowers communities and creates desirable properties that lead to community growth in the surrounding areas. Izak Peterson, the CEO of Dipula Income Fund,asserts in reference to the company’s strengths: “Dipula’s strength is derived from its portfolio diversity, which is spread over a number of sectors. We try to find properties that have been undervalued, typically in economically disadvantaged areas. We then work to increase the value of these properties and subsequently the value of the surrounding areas.” Izak Peterson, CEO
FIRST NATIONAL BANK 1st FloorHoughton Place, 51 West Street, Houghton 2198 Tel: +27 87 575 9404 Fax: +27 11 483 3212 info@fnb.co.za
Activity: Banking Founded: 1838 First National Bank was formed in Grahamstown in 1838. It is the oldest bank in South Africa, and it is now traded as a division of FirstRand Bank Limited. It provides personal, private, business, commercial, and corporate banking services to its clients across the country. In addition to the company’s financial success and longevity, it is also committed to contributing to the South African community’s growth. Serving the people of Africa has been and continues to be this banks number one priority.This bank is also included in the “big five” group of banks, meaning it is one of the most powerful banks in all of South Africa.
56
MACQUARIE GROUP SOUTH AFRICA Duarte Da Silva Head of Sub-Saharan Africa The Place, South Building, 1 Sandton Drive, Sandton 2196 Tel: +27 11 583 2000 foundation@macquarie.com www.macquarie.co.za
Activity: Banking Founded: 1969 Macquarie provides banking, financial, advisory, investment, and funds management services in 70 countries around the world. Originating in London in 1969, this company opened its doors in South Africa in 2000. It offers stock broking, corporate finance and advisory, funds management, and structured securities services to the African and international markets. It has offices in Cape Town and Johannesburg. This company has regional expertise and robust risk management services. This, in turn, gives clients and investors added confidence and allowsthe company to deliver innovative products and services with strong investment returns. One of the company’s strongest attributes is its flexibility and certainly its capability of forging strong partnerships, which allow it to cater to specific client needs. Africa Infrastructure Investment Manages, for example, is a joint venture between Macquarie Capital and The Old Mutual Investment Group, which is a leading investor in infrastructure assets. The aim of this partnership is to target equity investments in such assets as roads, airports, power, telecommunications, rail, port, water, and social infrastructure across Africa. Their membership of funds like these has lead to an acquisition of over R1.8 billion in assets. The company is currently interested in investing in renewable energies. It currently is involved with one solar and two wind projects, and it is looking to get involved in more projects. The Head of the Sub-Saharan African branch of Macquarie, says of the group’s presence in Africa: “South Africa is definitely a Macquarie country. We’ve been flexible with our growth strategy as we’ve always been a very entrepreneurial organization.” Duarte Da Silva, Head of the Sub-Saharan African branch of Macquarie
www.ebizguides.com
Finance
MINISTRY OF FINANCE, ECONOMIC DEVELOPMENT & TOURISM (WESTERN CAPE) Alan Winde Minister of Finance, Economic Development & Tourism 142 Long St, Cape Town 8000 Tel: +27 86 014 2142 Fax: +27 21 483 7216 service@westerncape.gov.za www.westerncape.gov.za/dept/edat Activity: Government Entity
This ministry is devoted to promoting the Western Cape’s economy through its understanding of the regional economy, its ability to identify economic opportunities and potential, and its contribution to government economic priorities. Its role is that of providing a critical link between external stakeholders in the economy and the government. The Ministry is working to move the region from one that is full of “red tape” to one with a metaphorical “red carpet.” In other words, it hopes to become a place where the investment atmosphere is extremely robust, friendly, and full of opportunities. The Minister of Finance, Economic Development & Tourism, Alan Winde, describes the financial sector stating: “The financial sector is the country’s strongest asset, and the Western Cape province has created an environment that allows business to grow freely.” Alan Winde, Minister of Finances, Economic Developement & Tourism
NEDBANK GROUP Mike Brown CEO 135 Rivonia Road, Sandown 2196 Tel: +27 11 294 4444 Fax: +27 011 295 9999 www.nedbankgroup.co.za
Activity: Banking Founded: 1888 Nedbank, one of the five largest banking groups in South Africa in terms of its assets, can trace its roots back to 1888. The bank was listed in 1969,
www.ebizguides.com
and it changed its name to Nedcor in 1989. Following the merger with BoE, NIB, and Cape of Good Hope Bank, this bank was renamed Nedbank Group in 2005. Nedbank is one of South Africa’s leading wholesale banks with strong retail, insurance, asset management, and wealth management divisions. It has over R714 billion in assets, 6.4 million clients, over a 1,000 outlets and 3,182 ATM’s spread across 6 countries in Africa. Aside from its strong and growing presence in South Africa, the group is present in Swaziland, Namibia, Lesotho, Malawi, and Zimbabwe. Furthermore,Nedbank has a strategic alliance with Togo-based Ecobank, which operates in 33 African markets. According to Nedbank’s CEO, Mike Brown, “Nedbank’s expansion into central and west Africa hinges on strategic partnerships like the one that exits with Ecobank. Their local knowledge paired with our businesses in Southern Africa, creates a one bank experience for our customers across Africa.” Nedbank has worked hard to increase its retail coverage with ongoing investment in its retail infrastructure. It has also invested considerable energy into creating the sector’s most robust and advanced digital and mobile banking platforms. The Nedbank App Suite was recently awarded the Best Android Consumer App at the MTN App of the Year Awards in 2013, and the bank has also introduced Nedbank Approve-it, an interactive secure transaction authentication system. Furthermore, Nedbank has recently been extremely active in pursuing project finance opportunities. This is evident in their high-level of activity within the renewable energy sector. To date, Nedbank has participated in 35% of the renewable energy projects that have been tendered under phase 1 and 2 of the Renewable Energy IPP Program. Mike Brown says in relation to its digital networks: “Creating a robust mobile and digital banking environment is extremely important to Nedbank. As we have a smaller physical presence than some of our competitors, it is important to have a higher digital presence. For Nedbank, innovation on the digital side begins with security, which is paramount to our clients and their ease of mind when banking online.” Mike Brown CEO
57
Finance
PRESCIENT LTD
Activity: Risk Management Founded: September 2000
Herman Steyn CEO Prescient House, Westlake Business Park, Otto Close Westlake 7945 Tel: +27 21 700 3600 Fax: +27 21 700 3700 info@prescient.co.za www.prescient.co.za
PWC offers a number of services to their clients, primarily focusing on assurance, tax, and advisory services. It has close to 450 partners and over 8,500 clients in 32 countries.
Activity: Investment Management and Stock Broking Founded: 1998 Prescient Ltd is made up of the subsidiaries Prescient Holdings (Pty) Ltd and Prescient Capital (Pty) Ltd. This investment management and stock broking conglomerate has created a partnership of people and companies servicing a broad range of clients. This company is always looking to stay ahead of the curve in terms of infrastructure, systems, and people. It has a number of business objectives including: achieving superior and consistent investment returns, managing risk effectively, providing the highest level of service, adopting a business policy aligned to empower historically disadvantaged South Africans, aligning its corporate image with the broader version of an internationally competitive South Africa, and increasing its assets under management to R100 billion and beyond. The company’s CEO discusses some of Prescient’s services saying: “We work hard to handle andprotect future portfolios, asset management, and IT development businesses.” Herman Steyn CEO
PWC Simon Venables Senior Partner-Corporate Finance 2 Eglin Road Sunninghill 2157 Tel: +27 11 797 4000 Fax: +27 11 797 5800 simon.venables@za.pwc.com www.pwc.co.za
58
It provides assurances to clients on their financial performance and operations. It also helps them improve their external financial reporting and adaptation to new regulatory requirements. Its tax services assist clients in complying with tax-related legislation and regulations. Its advisory services provides advice and assistance based on financial, analytical, and business process skills. According to Simon Venable, PWC’s Senior Partner: “At PWC, we see South Africa’sfuturegrowthto be revolving around developing trade routes. Port, power, and rail infrastructures are in need of significant upgrades, and when these come through, South Africa will be in a prime position to get back on a higher growth trajectory.” Simon Venable, Senior Partner
SOCIETEGENERALE CORPORATE & INVESTMENT BANKING Pierre Wolmarans CEO 160 Jans Smuts Avenue Rosebank 2193 Tel: +27 11 448 8400 Fax: +27 11 778 4390 www.sgcib.com
Activity: Banking Founded: 4 May 1864 While SocieteGenerale provides financial services to South Africa, it also has extensive European coverage and representative offices in Central and Eastern Europe, the Middle, Africa, the Americas, and the Asian-Pacific. The services offered to its corporate and financial institutions’ clients revolve around three main activities: investment banking, financing, and markets. SocieteGenerale has a multi-product platform focusing on delivering high-quality investment and risk
www.ebizguides.com
Finance
management solutions to asset managers, pension funds, private banks, banks, insurance companies, hedge funds, family offices, soverign funds, and retail network distributors around the world.
Barry Scott says of the company’s goals: “As a sector, we want to contribute more towards thebuilding of an economically resilient society and increase the affordability of insurance.”
The company’s CEO, Pierre Womarans, discusses the future of SocieteGenerale saying: STANDARD BANK “SocieteGenerale plays a major role in project finance and export finance and isone of the continental leaders in project finance duetoourrobustoil and gas portfolio. In South Africa, SocieteGenerale plans to continue down this road by servicing a number of energy and mininginitiatives.” Pierre Womarans CEO
SOUTH AFRICA INSURANCE ASSOCIATION Barry Scott CEO GroundfloorWillowbrok House, Lake Drive, Constantia Office Park, 14th Avenue and HendrikPotgieter St Weltevreden Park 1709 Tel: +27 11 726 5381 Fax: +27 11 726 5351 barry@saia.co.za www.saia.co.za
Activity: Insurance Association The South African Insurance Association (SAIA) is considered the voice of the short-term insurance companies. It is authorized to represent the participating companies and negotiate on their behalf. The Association boasts 58 members, and it is managed by a Chief Executive, Barry Scott, and 35 staff members. The SAIA, in line with the United Nations Environment Programme—Finance Initiative Principles for Sustainable Insurance, has taken measures to address the sustainability of the insurance industry. Based on this, its priorities are: environmental and social risks, governance risks, motor, and reinsurers. The South African Police Services are supported by the SAIA through its participation in various Business Against Crime South Africa initiatives. It also works with the Johannesburg Metro Police Department to increase road safety. Initiatives have even been started by the SAIA to improve financial literacy amongst its low-income consumers.
www.ebizguides.com
Ben Kruger CEO 9th Floor, Standard Bank Centre, 5 Simmonds Street Johannesburg 2000 Tel: +27 011 636 9111/2 information@standardbanl.co.za www.standardbank.com
Activity: Banking Founded: 1862 With more than 150 years in South Africa, Standard Bank has grown to become one of the most powerful banks in the region. It is part of the “top five” most powerful banks in the country, and it has developed three large business pillars: Personal & Business Banking, Corporate & Investment Banking, and Liberty. This bank subscribes to the Code of Banking Practice, which is a set of principles that are meant to govern banking in South Africa. Following these standards ensures the highest standards of professionalism, integrity, and fairness.
VIRGIN MONEY Vinay Padayachee MD Regus Business Centre, 2nd Floor West Tower, Nelson Mandela Square, Maude Street Sandton 2196 Tel: +27 11 994 0000 vinay.padayachee@virginmoney.co.za www.virginmoney.co.za
Activity: Banking Founded: 2006 Virgin Money is a subsidiary of the Virgin Group—an extremely successful conglomerate, which works in a number of industries dealing with anything from telephone and transportation to music and fitness.
59
Finance
The company’s mission is to provide its customers: great deals, straightforward financial products, and brilliant service. It tries to make its financial products easy to understand and at the best value possible. It is a completely digital company that caters to a high-end demographic. It provides limited retail services, mostly in the form of credit cards. There are about 106,000 card subscribers at the moment. The company’s services are only available to those making more than R6000 a month. In 2010, Virgin paired with 1Life Insurance to offer short-term insurance products. It was the first provider to offer “no excess” products for automotive insurance. According to the Managing Director, Vinay Padayachee: “Behind both the insurance and retail business is the Virgin brand. It is still a young, hip, and innovative brand, so this creates a marketing advantage. Virgin Money expects that, in the next five years, its customer base will grow substantially. This is particularly true due to the changing demographics in South Africa.” Vinay Padayachee, Managing Director
BARCLAYS AFRICA GROUP (ABSA BARCLAYS) Craig Bond CEO Retail & Business Banking 15 Troye St. 8th Floor, Barclays Towers West Johannesburg 2001 Tel: +27 11 846 4013 Fax: +27 86 690 1604 absa.co.za; barclaysafrica.com craig.bond@barclays.com
Activity: Banking Date of Creation: 31 July 2013 Barclays Africa Group is one of Africa’s largest banks. It provides a wide variety of services ranging from personal and business banking, credit cards, corporate and investment banking, wealth and investment management, as well as bancassurance. What sets it apart is its global product knowledge combined with its regional expertise and extensive, well-established local presence. It is owned by Barclays Bank PLC, which holds a whopping 62.3% of the Group’s shares. Although the Group
60
was formed in 2013, it is actually a combination of Absa Group Limited and Barclays’ African operations. Absa Group Limited enjoys a much longer history throughout Africa. Founded in 1991, Absa was created through the merger of various financial service providers. With its head office located in Johannesburg, Barclays Africa Group holds majority stakes in over 10 African countries. Its bancassurance operations are located in such countries as Botswana, Mozambique, South Africa, and Zambia. Barclays Africa Group strives to be the “go-to” bank throughout the entirety of Africa. The group strongly believes in maintaining sustainable growth practices. By expanding and deepening its footprint and tailored value offerings in markets that promote and sustain economic prosperity, those at Barclays firmly believe they will be able to capture more customers and clients from all of Africa and beyond. Their goal is to extend their influence by putting customers and clients first and effectively managing their control and compliance programs. Although Barclays is a world-renowned financial institution, ABSA currently has more brand recognition and consumer loyalty than that of Barclays in South Africa. For that reason, the company’s name will go through several transitions in the coming years. ABSA is currently relaunchingits name branding by changing the name to ABSA Barclays. By 2016, ABSA will be completely removed from the branding and will be replaced by the more African inclusive name, Barclays African Group. It is Barclays’ goal to become the digital champion of Africa. It is working on providing the best internet banking options possible combined with extremely competitive pricing. Beyond this, it hopes to generate interest in the great investment potential surrounding Africa. For example, the motor vehicle industry in South Africa is quite developed in the production of right-hand drive vehicles. It also hopes to bring mobile phone banking to Africa. This technology has existed outside of Africa for around six years but has not yet been implemented on the continent. Barclays Africa Group has a great deal of potential and very ambitious plans for South Africa and the continent as a whole. As the CEO, Craig Bond, certifies: “I believe that South Africa is a safe and opportunistic place to directly invest. I believe it is an even better investment destination for companies looking to set up their intra-African platforms as South Africa is still the best springboard onto the continent.”
www.ebizguides.com
Finance TJDR 55470
Main heading to go here in expert sans regular As an international bank rooted in South Africa, we’re here to see you As a member of Barclays, we have more than 300 years of history and global experience in the corporate, commercial and personal banking sectors. Our network is one of the largest in the country, comprising 874 branches, 9 547 ATMs, 33 717 permanent personnel and 10.3 million customers. All of which positions us as the number one choice when it comes to accessibility, pricing structure and digitisation. It’s no wonder then that we have been named the best investment bank in South Africa*. *As per 2013 EMEA Finance Magazine’s African Banking Awards
Absa Bank Ltd Reg No 1986/004794/06 Authorised Financial Services Provider Registered Credit Provider Reg No NCRCP7
ENERGY
Energy
OVERVIEW The demand for energy in South Africa is expected to double by the year 2030. This is primarily due to the government’s recent focus on industrialization, the country’s mass electrification program and its consistent economic growth. The industry is regulated by the Department of Energy. It was formed in 2009 with the aim of providing secure and sustainable energy to lead the country towards socio-economic development. With the help of Eskom, the department has begun a program to balance the electrical supply system. South Africa is heavily dependent on coal. For the time being, there is more than enough supply to fulfill the country’s energy needs. That being said, the country is dedicated to diversifying its energy consumption. In an effort to fulfill this goal, the country has recently adapted a nuclear energy policy, which aims to increase the role of nuclear energy.
OIL There are limited oil reserves in South Africa. In fact, the Middle East and Africa meet 60% of the country’s crude oil requirements. In regards to the oil that South Africa does possess, there are a number of regulations concerning its wholesale and retail markets. The government sets the wholesale and retail prices of petroleum in an effort to protect consumers and make sure that South Africans from all parts of the country have access to fuel. This is done while also giving oil companies a reasonable return on their investment and creating more jobs. LPG and illuminating paraffin are created by refineries and the energy company, SASOL. The country consumes most of its LPG, and the rest is used as fuel in refineries or is exported regionally.
NATURAL GAS INVESTEMNT OPPORTUNITIES The mining sector has always been a great source of FDI for South Africa, but some of the renewable energy options are proving to provide great opportunities for investment in the country. Onshore windpower, solar power, hydropower, and biofuel are all renewable energy industries that are on the rise in the country.
64
Natural gas has become increasingly more important within South Africa due to the development of regional gas-fields. Moreover, this energy source has seen rapid expansion due to the discovery of offshore gas reserves and reserves found in neighboring countries like Mozambique and Namibia. As of 2003, 930,000 tons of natural gas were pro-
www.ebizguides.com
Energy
duced, and 104,860 tons of associated condensate were also produced. PetroSA is responsible for South Africa’s liquid-fuel synthesis plant, which produces 1.5% of South Africa’s total energy supply.
RENEWABLE ENERGY
South Africa. While South Africa is quite dependent on coal-fired power stations, there is potential to import hydropower from Zimbabwe, Zambia, and Zaire. Companies such as Eskom are currently investigating ocean energy as a potential way to derive energy from various characteristics of the sea.
South Africa’s Department of Energy worksto maximize the use of renewable energy sources. There have been a number of government-led initiatives to increase renewable energy use, and the country is making a number of advances in many areas of the renewable energy industry.
Solar Power
Biofuel
The solar power industry is rapidly expanding throughout the country, which can be seen in the construction of two projects by the Spanish renewable energy group, Abengoa. This company is currently responsible for the construction of plants in theNorthern Cape province.
South Africa has made some limited advances in the biofuel industry. The Industrial Development Corporation (IDC) and the Central Energy Fund (CEF) make up the two leading investors in this sector. The IDC plays a role in all four of the country’s current biofuel projects. There is great potential in creating labor-intensive jobs in the agriculture sector should more investments in biofuel production be made.
Hydropower Small hydroelectricity stations and pumped-water storage schemes are currently scattered throughout
South Africa provides significantly more hours of sunshine per year than many other countries who are already implementing solar power. South Africa’s 24-hour global solar radiation average is about 220W/m2, while many parts of the USA and Europe only have between 100-150W/m2.
Wind Power The company, Eskom, has also opened a wind energy facility north of Cape Town, which makes it the first large wind turbine facility in sub-Saharan Africa. South Africa also sports the Darling Wind Farm in the Western Cape. This facility has four wind turbines; they can produce up to 5.2 MW.
Hydropower is one of several renewable energy options in
www.ebizguides.com
65
Energy MINING Coal is South Africa’s main energy resource base, with 77% of its primary energy needs coming from this source. Given that many of their coal deposits are easily exploited and do so at a favorable cost, the industry is quite large and is expected to see continued growth well into the future. While the country does consume a great deal of its mined coal, 28% of its coal is exported. Its exports primarily run through the Richards Bay Coal Terminal. South Africa is currently the world’s fourth largest coal exporter. Nearly 51% of its coal is mined underground, while 49% is mined through open-cast methods. The industry as a whole is fairly concentrated. Five companies produce 85% of the country’s sellable coal, and 11 mines make up 70% of its output.
MAIN ENTITIES AFRIC OIL Tseke Nkadimeng CEO 1.st floor, 54 Wierda Road, Wierda Valley Sandton 2146 Tel: +27 11 911 4284/4280 Fax: +27 11 784 5588 info@africoil.co.za
Activity: Oil Distribution Founded: 1995 Afric Oil was founded by the Pembani Group, whose founders are comprised of a group of entrepreneurs who saw a gap in the petroleum sector for which a black company could flourish. It is dedicated to the marketing and sale of diesel, petrol, paraffin, and lubricants, serving a large client base including leading companies from the government, parastatal organizations, and the industrial sector. It is, however, this company’s great product availability and dependable, speedy service that truly sets it apart. Additional flexibility in meeting its customers’ delivery needs is provided through the
68
use of the Transport Pipeline’s Durban-to-Johannesburg Pipeline. It is currently the only emerging oil company to consistently transport a refined product using this method. Beyond this, Afric Oil is dedicated to fostering unique partnerships, always working to solve its customers’ energy requirements in an efficient and cost-effective manner. It often makes investments at customer sites in the form of storage tanks and fuel management systems. This allows customers to keep track of their fuel consumption and concentrate on their core businesses. Long-term business relationships are of utmost importance to this company, and it successfully meets its customers’ needs by understanding that such needs differ from industry to industry. Afric Oil strives to be the benchmark for emerging oil companies by creating and maintaining a sustainable competitive advantage through service excellence.
BHP BILLITON ENERGY COAL SOUTH AFRICA LTD Dr. Xolani Mkhwanazi Chairman 6 Hollard St Johannesburg 2001 Tel: +27 11 373 0033 www.bhpbilliton.com
Activity: Mining Founded: 1944 BHP Billiton is a leading global resources company. It creates long-term shareholder value through the discovery, acquisition, development, and marketing of natural resources. In other words, it produces and manages the production of aluminum, coal, copper, iron ore, manganese, nickel, silver, and uranium. It is one of the world’s largest major commodity producers. This company is dedicated to providing diversified products. To achieve this, it is also committed to providing diversity in all it does – this includes employee gender, experience, and ethnicity. BHP Billiton Energy Coal South Africa LTD. is a subsidiary of BHP Billiton, and it is based in Johannesburg, South Africa. This South African subsidiary has aluminum smelters in Richards Bay, Manganese un-
www.ebizguides.com
Energy
Afric Oil: The first BEE wholesale supplier of diesel, petrol, paraffin and lubricants.
Founded in 1995 by Pembani Group, Afric Oil is South Africa’s first black empowered oil company, operating in the highly competitive fuel wholesale markets. It was founded by a group of entrepreneurs who saw a gap in the petroleum sector in which a black company could successfully operate and flourish. While during the formative years the company also operated in the retail sector, Afric Oil now focuses exclusively in the wholesale sector. It operates as a truly independent oil distribution company that continually seeks opportunities for growth in relevant markets. As a business anchored in the entrepreneurial ethos, the company has the flexibility to meet clients’ changing needs, and the accessibility to provide superior service at every level. Afric Oil recognises that fuel is a commodity and that the differentiation lies in the level and reliability of service. This awareness ensures that the focus on reliability and superior service is unparalleled amongst industry peers.
w w w. a f r i c o i l . c o . z a
Energy
derground mines in Meyerton, and it is the primarily shareholder of BECSA, one of the country’s premier coal processors. While the company has seen huge success in its South African operations, BHP Billiton Energy Coal South Africa’s chairman has offered two ways that the country could improve its operations in order to improve the company’s operations. “Firstly, the government needs to streamline legislation reform and regulatory measures to create more policy certainty. A lack of this has been vexing for international investors. Secondly, the country desperately needs to improve the capacity of its mining transport infrastructure and deal with the rising costs of electricity.” Dr. Xolani Mkhwanazi Chairman CHROMTECH HOLDI
GS (PTY) LTD Craig Bennett CEO Unit 4, Harrowdene Office Park, Western Service Rd Woodmead, 2152, Johannesburg Tel: +27 11 233 7400 Fax: +27 11 233 7401 chromtech@chromtech.co.za www.chromtech.co.za Activity: Mining Founded: 2002 Chromtech primarily concentrates on the extraction of Upper Group Chrome (UG2). It operates and maintains various chrome recovery plants and does so effectively with a deep focus on understanding the market and chrome value chain. This company provides an end-to-end service by designing, building, and operating its chrome plants. With a strong commitment to quality and remaining the cheapest chrome producer in the South African market, Chromtech continues to remain a strong competitor in the mining industry. According to its CEO, Craig Bennett: “70% of the world’s chrome resources are located in South Africa, and nearly all of our production is exported to China. Technology developments over the
70
years have made extracting chrome elements from platinum commercially viable…there is great potential for growth for this commodity.”
C&N PETROLEUM EQUIPMENT Yvonne Van Schalkwyk Founder/CEO 13 Piet Bekker St Boksburg 1459 Tel: +27 11 397 8416 Fax: +27 11 397 8421 info@candnpetro.com www.candnpetroleum.co.za Activity: Petroleum Equipment Provider Founded: 1993 C&N Petroleum is a family owned business and is dedicated to providing liquid transfer solutions. The company has over 20 years of experience and has developed expertise in serving a wide range of disciplines including liquid storage, fuel handling, and product transfer. This company offers bulk liquid transfer systems, and it serves countries around the globe from its base in Johannesburg, South Africa. It is characterized by its dedication to innovation, technical expertise, superior product expertise, and customer service. While its base is in Johannesburg, it has a presence in countries from all over southern Africa. By 1997, the company had already established itself in Swaziland, Lesotho, Namibia, Mozambique, Tanzinia, Mauritius, Zimbabwe, and Angola. The company’s main product is the API coupler as well as petroleum terminal transfer products. Its products are supplied to the marine sector, aviation sector, liquid petroleum gas sector, mining sector, as well as to oil tankers. While its expansion has already been quite rapid throughout southern Africa, it hopes to expand covering all possible countries up to Nigeria. C&N Petroleum’s founder and CEO, Yvonne Van Schalkwyk describes one of the keys to the company’s success stating: “We benefit from having strong relationships with top international manufacturers, which allows our distribution products to consistently fall ahead of the evolving safety standards within the country.”
www.ebizguides.com
Energy
COAL OF AFRICA LTD David Brown CEO 2nd Floor, Gabba Building, The Campus, 57 Sloane St, Bryanston 2074 Tel: +27 11 575 4363 Fax: +27 11 576 4363 adminza@coalofafrica.co.za www.coalofafrica.com Activity: Mining Founded: 2005 Coal of Africa is an emerging developer and producer of high-quality thermal and coking coal. It has three collieries and a valuable suite of coal resources. This company does everything in its power to mitigate the environmental impact of their mining endeavors, thus creating a positive social and economic legacy.
is responsible for 95% of the electricity used in South Africa, and it supplies 45% of all of Africa’s electricity needs. Eskom generates, transmits, and distributes electricity to a variety of sectors. It primarily does so to industrial, mining, commercial, agricultural, and residential customers and redistributors. This company is primarily responsible for selling electricity to countries within the Southern African Development Community (SADC), and many of its future projects have been created with this duty in mind. Eskom has committed to building two new coal-fired power plants, two gas-turbine plants, and a pumped storage plant. It also plans on upgrading its existing plants and building new infrastructure, which will include two renewable energy plants.
LAFARGE MINING (PTY) LTD Its two main projects consist of the Vele Colliery and the Makhado Project. The Vele Colliery is in the Limpopo Province and has produced thermal coal since January 2012. The Makhado Project, also in the Limpopo Province, is set to be mined on an opencast basis over 16 years with the potential for further expansion into underground. Coal of Africa’s CEO, David Brown, comments on potential investment saying: “The capital raised from our sold assets are obtained from a short-term credit facility and will allow Coal of Africa to reposition the company from a junior development, project-pipeline company to a project development company.”
ESKOM Collins M. Matjila CEO PO Box 1091 Johannesburg 2001 Tel: +27 11 800 8111 Fax: +27 11 800 4299
Activity: Electricity Producer Founded: 1923 Originally established as the Electricity Supply Commission, in 2002, it was converted into a governmentowned, public, limited liability company. This company
www.ebizguides.com
Funani Mojono MD 35 Westfield Road, Longmeadow Business Estate, Ext 11, Edenvale 1609 Tel: +27 11 657 0000 / 1000 Fax: +27 86 631 0003 info@lafarge-za.lafarge.com www.lafarge.co.za Activity: Mining Founded: 1998 Justifying its place as the world leader in construction materials, Lafarge holds top-ranking positions in each of its divisions: Cement, Aggregates and Concrete, and Gypsum. Lafarge posted annual sales of 16 million euros in 2010, and it employs over 76,000 people in 78 countries. It can trace its origins to small lime works in southern France in 1833. It was formerly known as Blue Circle, but it was taken over by Lafarge in 2001. From small-scale artisans to large construction companies, Lafarge works with all actors in the building industry of South Africa. This company accounts for around 20 million tons of mined aggregates, and it controls around 20% of the market share in South Africa. Lafarge’s MD, FunnaniMojono, says the company plans on transitioning its growth strategy to focus on sand mining as opposed to sized aggregate. He says this is a trend in the con-
71
Energy
struction industry. He goes on to say: “There will be a large amount of opportunities for growth in our business. There are a number of water infrastructure projects that are becoming essential as the system verges on collapse. Furthermore, South Africa is in need of a high volume of road and bridge projects as well as schools and hospitals.” Funani Mojono MD
MASANA PETROLEUM SOLUTIONS Abhay Raichoora MD 10 Junction Avenue Parktown 2193 Tel: +27 11 544 6300 Fax: +27 11 544 6303 www.masana.biz/index.php abhay.raichoora@masana.biz
Activity: Petroleum Distribution Founded: May 2005 Masana Petroleum Solutions is a unique symbol of transformation and growth within the South African fuel industry and within the broader economy. This company is dedicated to offering the finest products in the petroleum industry. Beginning in May 2005, Masana is the result of the efforts of three partners: Mineworkers Investment Company, Women Development Bank Investment Holdings, and BP South Africa. BP currently retains 45% of this join venture. It operates exclusively in the commercial and industrial segments of the Petroleum Industry. Masana brings an innovative approach to the highly competitive and price sensitive wholesale market. All products are supplied by BP and meet global standards in terms of product quality, cleaner fuels, and stringent health, safety, environmental, and security compliance. It offers fuel, gas, bitumen, lubricants, a fuelmaster fleet, and energy plus. Fuelmaster fleet is a fuel control system that provides fully automated, paperless refueling service. It provides for positive driver and vehicle identification along with electronic registration of the odometer reading at the time of fueling.
72
Energy Plus is an energy management package. It is meant to help increase energy savings along a wide range of industries through offering a cleaner burning fuel supply, energy management, and technical and engineering support. “The core of our business is providing fuel solutions for our clients. We are not simply satisfied in selling fuel to customers. As energy procurement is essential to every industry, it is our duty to work with our clients to help them achieve maximum energy efficiency.” Abhay Raichoora MD
NUCLEAR ENERGY CORPORATION SOUTH AFRICA (NECSA) LTD Phumzile Tshelane CEO Elias Motsoaledi Street (Church Street West Extension) Pelindaba, Madibeng District, North Tel: +27 12 305 4911 Fax: +27 12 305 3111 webmaster@necsa.co.za www.necsa.co.za
Activity: Nuclear Technology Research Founded: 1999 The Nuclear Energy Corporation South Africa (NECSA) is a state-owned company, originally acting as part of the Atomic Energy Board. NECSA came about directly from the Nuclear Energy Act of 1999, and its primary function according to the Act is to serve as the anchor for nuclear energy research, development, and innovation in South Africa. Its main focus is on nuclear technology application particularly relating to medical isotopes production, applied chemistry with an emphasis on uranium chemistry, and all aspects of the nuclear fuel cycle. Its commercial business is mainly conducted through its wholly owned commercial subsidiaries, NTP Radioisotopes SOC Ltd and Pelchem SOC Ltd. It currently sells nuclear medicine to over 60 countries, and its research has lead to the discovery of treatments for a wide-variety of human ailments. The company’s CEO, PhumzileTshelane, comments on the government’s future plans for nuclear energy saying:
www.ebizguides.com
Energy
The plan is realistic, and nuclear energy will be important in combating the increased demand for electricity in South Africa. We expect to have six additional power plants that will generate a combined 9.6 GW of electricity by 2030.”
PROCONICS (PTY) LTD Melvin Jones CEO Cnr PDP Kruger &Kiewiet Dr Secunda 2302 Tel: +27 17 620 9600/ 9700 Fax: +27 17 620 9601 melvin.jones@proconics.co.za www.proconics.co.za Activity: Instrumentation, Control Systems, and Electrical Renewal Founded: 1995 Proconics controls the only facility in the world that creates synthetic crude from coal, processes the byproducts, and refines the synthetic crude. Officially known as an instrumentation, control systems, and electrical renewal team, Proconicsspecializes in rejuvenating existing operating facilities. This company has a shared history with the petrochemical giant, Sasol. In 1995, Proconics was established after Sasol decided to shift its focus exclusively towards producing liquefied fuel rather than executing detailed design on its projects. It has a permanent presence servicing Sasol’s Secunda plant, the largest coal-to-liquified petroleum producing facility in the world. The company has currently been working to expand its unique offerings into the rest of the continent and beyond Africa’s borders. After a successful project in Qatar, in 2012, it opened an office in Doha to permanently allow the company to service the Qatari market.
SASOL GROUP David Constable CEO 1 Sturdee Avenue Rosebank 2196 Tel: +27 11 441 3111 Fax: +27 11 788 5092 www.sasol.co.za
Activity: Energy and Chemical Production Founded: 1950 Sasol is an internationally recognized integrated energy and chemical company. Its success primarily comes from its commitment to innovation. In South Africa, SASOL primarily focuses on producing natural gas, and it is one of the world’s largest producers of synthetic fuels in the world. It is the world leader in gas-to-liquid and coal-to-liquid technologies. This company leads two South African clusters: Energy and Chemical. The energy cluster is made up of SASOL Mining, SASOL Gas, SASOL Synfuels, and SASOL Oil. The chemical cluster is made up of SASOL Polymers, SASOL Solvents, SASOL Solefins and Surfactants,SASOL wax, SASOL Nitro, SASOL Infrachem, and SASOL Merisol. SASOL also offers group services, which coordinate the company’s group activities and manage some specialized company functions. The SASOL Group is a true standout in the South African economy. It has expanded well beyond the country’s borders, and has projects in more than 40 countries around the globe.
Proconics’ CEO, Melvin Jones, explains the process of rejuvenating existing operating facilities or “brownfields engineering” projects: “In a facility that´s 20 plus years old, documents, drawings and so forth have typically fallen by the wayside. When we go in and do a project in a brownfields environment, the first thing we have to do is a forensics audit to see what’s already there, then reverse engineer to understand what the design intent was originally.”
www.ebizguides.com
73
TRADE & INDUSTRY
Trade & Industry
OVERVIEW Department of Trade and Industry (DTI). It works to
identified a number of industries, which show great potential and marketability:
meaningful participation in global trade. The DTI aims to build an equitable multilateral trading system with key economies.
dustries. tion.
INVESTMENT OPPORTUNITIES
ments. South Africa has an openness policy that
IMPORTS R74806 million in December 2013 to R94727 million
the DTI, which specifically works to promote and of R94727 million was reached in January 2014, and
76
www.ebizguides.com
Trade & Industry
an all time low was reached in September 1961 see ing only R66 million.
EXPORTS
The country’s main imports are fuel (24%), motor (2%), and scientific instruments. Its main trading partners consist of Germany (11% of total imports), Japan (6%), the United Kingdom, Iran, and Angola.
24%
10%
3
2
%
%
of chromium and platinum (8% of total hicles and car parts, and diamonds also make up
the United States (10%), Germany (7%), the United India, and Belgium.
COUNTRY COUNTRY
% of Total imports
% of Total exports
Japan
10
Germany
11
United States
10
China
11
Germany
7
United States
8
United Kingdom
6
Saudi Arabia
6
China
Japan
6
Netherlands
4
Johannesburg Mining Statue
www.ebizguides.com
77
Trade & Industry
LIBYA
EGYPT
ERITREA SUDAN DJIBOUTI
UGANDA KENYA RWANDA BURUNDI
ANGOLA
BOTSWANA
Free Trade Zone, 2008
FREE ZONES In 2008, a free trade zone agreement was signed between the following countries: South Africa, Egypt,
chelles, Swaziland, the United Republic of Tanzania,
78
These countries form part of three African trading
blocs was formed in an effort to strengthen the region’s bargaining power when negotiating deals and to ease the access to markets that are part of multiple groups.
www.ebizguides.com
Trade & Industry
Arnot Power Station
MAIN ENTITIES
“Novell understands the importance of improving education deficiencies in South Africa; we allow education institutions to access our technologies at half-price.�
NOVELL, INC SABMILLER Norman Adami
Tel: +27 11 322 8300 jels@suse.com
Sandown 2196 Tel: +27 11 881 8111 robyn.chalmers@za.sabmiller.com www.sabmiller.com
Activity: Software Founded: 1979 Activity: Beverages Founded: 1895 company designs and builds software with the aim of tributor of soft drinks and lager, and it is the leading and easier to manage.
and soft drink products, while at the same time, con tinuing strong with its core brands. This company The company is committed to promoting educa Kingma:
www.ebizguides.com
79
REAL ESTATE & CONSTRUCTION
Real Estate & Construction
REAL ESTATE OVERVIEW Real estate saw a boom in the months leading up to and throughout the FIFA World Cup of 2010. In the years since the World Cup, the housing market has slowed considerably and housing prices have fallen. That being said, in comparison with neighboring countries, the real estate sectors have performed relatively well. Land is under the jurisdiction of either a local or district authority. Planning controls are implemented through these authorities, and such controls are quite extensive for urban properties. There are planning ordinances, municipal by-laws, and approved development municipality frameworks that indicate exactly how land may or may not be developed. Planning approval is required should the land owner wish to change the use of the land. A tribunal established by local authorities oversees any opposition to proposed changes.
82
2008 2009 2010
0.5 0.3 2.3 0.7
%
-9% in real terms
%
-5,4% in real terms
%
-1% in real terms
Encouraged by South Africa hosting the 19th FIFA World Cup
2011
%
-5,4% in real terms
corruption concerns
2012
9.58
% -3,71% in
real terms
www.ebizguides.com
Real Estate & Construction INVESTMENT OPPORTUNITIES Foreign investors do not face any restrictions when it comes to acquiring property in South Africa. Foreign companies must register as an external company in accordance with the Companies Act 2008 should they wish to acquire property. The South African Revenue Service (SARS) done
not generally impose a capital gains tax (CGT) on foreign investors; however, the sale of immovable property within South Africa often has a tax place upon it. For individuals, the CGT is currently at 5%. A company is taxed 7.5%, and a trust is taxed 10% on the sale. The purchaser is responsible for withholding the correct amount; however, purchases less than R2 million do not require any amount to be withheld from the foreign seller.
CONSTRUCTION OVERVIEW Like the real estate sector, the construction sector was also hard hit following the boom in construction focusing on the FIFA World Cup of 2010. The world economic crisis shortly thereafter only worsened the problem. Public-sector infrastructure spending is often a good measure of the industry’s performance. The South African Government has developed an infrastructure development plan and the new Presidential Infrastructure Coordinating Commission, which will coordinate infrastructure expenditures between all levels of government. This new focus on infrastructure can only be positive for the sector as a whole. The fourth quarter of 2013 saw a five-year high in construction confidence. Construction activity also
www.ebizguides.com
increased in this quarter. That being said, many of the major JSE-listed construction and engineering groups are still suffering. South African infrastructure spending has seen very little improvement, and it would need to see much more to see real long term growth.
INVESTMENT OPPORTUNITIES The construction sector truly needs to see continued growth in the amount of infrastructure projects brought forth in the country. It has seen modest growth despite very few available projects. With more capital and innovation through new projects and infrastructure works programs, the sky is the limit for the construction sector.
83
Real Estate & Construction
84
www.ebizguides.com
Real Estate & Construction HOTEL MARKET Recent reports show that the hospitality sector in South Africa is poised for further growth in the next five years. According to the South African Hospitality Outlook: 2013-2017, the overall occupancy rate will increase to 55.6% by 2017. Total room revenue is believed to reach R23.5 billion in 2017, which is a 9.2% compound annual increase compared to that of 2012. Five-star hotels are expected to see more overall benefits than three and four-star hotels. This is expected because of the continued growth in business travel and tourism experienced in BRIC countries.
MAIN ENTITIES PAM GOLDING PROPERTIES Dr. Andrew Golding CEO Monterey, 12-14 Klaassens Road, Bishopscourt, Southern Suburbs, 7708, Western Cape Tel: +27 21 710 1700 www.pamgolding.co.za
Activity: Real Estate Founded: 1976 With a focus on the purchase, sale, and rental of properties throughout South Africa’s nine provinces, Pam Golding Properties offers the best in South African real estate. This company began as a little more than a family real estate agency, but in the years since its founding in 1976, it has grown into a worldclass global organization. One of the company’s core competencies is providing innovative marketing and customer services. This strong focus has led it to be a strong player in the real estate field with 70% of its business coming from residency-based brokering and 30% from commercial properties. The CEO, Dr. Andrew Golding has noted a recent upturn in the sector stating: “Foreign buyers have started returning to South Africa, and now the real estate market is beginning to see a wider range of foreign buyers than ever before.”
www.ebizguides.com
85
TRANSPORT & COMMUNICATION
Transport & Communication
South Africa’s National Development Plan (NDP) calls for a number of improvements to be made on
airports. It serves more than 10 million departing passengers and 200,000 aircraft arrivals each year. ACSA’s nine airports are the following:
able in the country. The plan outlines a number of fordable, accessible, and more frequented by the general population. The NDP is set to be completely fulfilled by 2030. There are a number of projects al ready in place to help achieve this goal.
INVESTMENT OPPORTUNITIES The transportation sector of South Africa is thriving, and the government is determined to continue improv ing all aspects of the transportation system. Much of the railway infrastructure is quite outdated and many
Domestic and international airlines regularly fly in and out of the country. Its domestic and regional provid
ternational services to the country. Some of its most ing lines. Public transportation is another area with a lot of room for improvement. The government is cur rently involved in a number of projects and has set a public transportation system safer and still affordable.
AIR There are nine major airports in South Africa. Air ports Company South Africa (ACSA) is the country’s lead airport provider, owning all nine of the major
88
Delta Airlines, Virgin Atlantic, and Northwest Airlines.
RAIL Currently, the railway system in South Africa is not considered the fastest way to travel throughout the country. It is, however, becoming increasingly more efficient now that the government has teamed up with the country’s leading railway transportation compa ny, Passenger Rail Agency of South Africa (PRASA).
www.ebizguides.com
Transport and Communication
and services to the country. The South African gov
sible for all road construction and maintenance. Toll roads, which comprise about 19% of the national grid, are also run by Sanral.
isting services through a strong focus on investment and the acquisition of new technologies.
CARGO Over 90% of South Africa’s cargo transportation is done utilizing the South African road system. That being said, there are currently initiatives in place to shift freight transportation from road to rail.
ROADS
The company,Transet, plans to invest R63 bil
The South African government is responsible for all road policy; however, the company Sanral is respon
the smooth conversion to railway freight trans portation.
Rapid improvements in rail travel can be seen throughout
www.ebizguides.com
89
Transport & Communication
Durban Shipyard
SHIPPING & MARITIME
The Port of Durban is South Africa’s central port; it sees an average of 4,000 ships per year.
South Africa’s coastal waters play a major role in pass 30% of the world’s production through South African waters daily. These carriers not only go through the country’s waters; but rather, they also stop through one of its nine ports. A total of 98% of
90
PUBLIC TRANSPORTATION According to the South African Constitution, the role of providing and administrating public transportation
www.ebizguides.com
Transport and Communication
falls upon the individual provinces. The national gov ernment is responsible for policy development and implementation of said policy.
introduced in all major cities throughout the country. and future systems over the coming years.
There are currently 12 cities going through rapid pub
Rustenburg, Mbombela, and Pietermaritzburg.
www.ebizguides.com
guide.
91
Transport & Communication
The information and communication technology
The top five major operators are Vodacom, MTN,
and accounts for 0.5% of the world’s ICT value.
a 40% share.
INVESTMENT OPPORTUNITIES
In large part, due to the increase in cellphone owner ship throughout the country, internet usage has also and more cellphone buyers opt for smartphones in
The communication sector in South Africa is quite large, and cell phones rule in this region. Any invest ment in the mobile phone industry or in internet ser vices would be fruitful as these sectors have seen huge growth in the last few years and continue grow ing by the day.
South Africa has the largest internet economy in Africa,
31.9
%
PHONE & INTERNET SERVICES South Africa’s 2011 Census indicates an increase from 31.9% of cell phone use among households in 2001 to 88.9% in 2011. This also goes along with a significant decline in the use of landlines. At present, only 14.5% of South Africans have landlines.
92
2001 At present
88.9
%
2011
14.5
% have LAND
LINES
www.ebizguides.com
Transport and Communication
Durban Cargo Terminal
MAIN ENTITIES
to both small fleet systems and to heavy and com mercial vehicles. It has a presence in over 50 countries, and the brand
DIGICORE products to ensure that the group remains ahead of
9 Regency Drive Irene 0062
including location, fuel usage, and cameras for in sular management, is definitely one of their innova tions that hasset this company apart. Additionally, it systems, which are quite popular.
Activity: Fleet Management Technology Founded: 1985
telematics solutions. It began over 25 years ago with
well. It has fleet management systems, which cater
www.ebizguides.com
company’s success states: “With much of Africa being very technologically unsophisticated and with a lack of road infrastructures, there has been a growing need to control drivers and cargo more efficiently, which has drivenDigicore’s success and the demand for its fleet management products.”
93
Transport & Communication
EXECEXPRESS
Activity: Transportation & Logistics Founded: 1975
Jaques Uys transport and logistics provider based in South Af Johennesburg2000 African continent and has developed business in transportation services, based on years of success ful cost management, efficiency, and safety, it has grown into a comprehensive brand manager with a focus on outsource operations. Activity: Personal Transportation and Tours Founded: 2004
services to the Johannesburg area, and it is dedi
ed responsibility of selling the to retail and industrial outlets. This company also receives a steady rev
group travel services in South Africa. ceutical products. Outsourcing operations is another source of revenue for the company. ment in success. The entry level fleet cars used at higher than its competitor’s entry level fleet cars, and car turnover is conducted every two years. Transfers, which are chauffeur services, are a staple of this company, and they offer various types of services which guarantees that the transfer will be conducted
for three or more people and are run using shuttles.
“Business has been fantastic as we experienced 36% Y.O.Y. growth. Despite the fact that many corporates are cutting travel expenses due to the economic climate, our services have been growing in demand.” IMPERIAL LOGISTICS
tries. It also follows a business model based on growth through acquisition of merchandizing busi
According to its MD, Cobus Rossow: “Imperial’s legacy still remains in transport where we have built a strong reputation for effective cost management, safety, and service efficiency. Now, however, transportation is only one-third of our revenue stream. Another comes from our extensive warehousing network and a final third from our brand management business.”
“K” LINE SHIPPING (SOUTH AFRICA) PTY, LTD Craig Mountjoy MD
Durban 4001
Cobus Rossow
Activity: Shipping Date of Creation: 1 July 2009 info@il.co.za www.imperiallogistics.co.za
94
Providing stable and reliable containership services
www.ebizguides.com
Transport and Communication
MTN GROUP LTD its international competitiveness. This company is considered a pioneer in safe and
216 14th Avenue
sealine container transporters. It offers transport servic es for raw materials such as coal, iron ore, grain, wood investor_relation@mtn.co.za www.mtn.co.za pany further its reach and increase company profits. Activity: Telecommunications Founded: 1994 MAERSK LINE SOUTH AFRICA
MD Cape Town 8001
communications products and services to individuals and businesses around the world. The company’s vision is to become the leading telecommunications provider in on employee development in an effort to reach this goal. This telecommunications provider is the second larg
Activity: Transportation Founded: 1996
its presence is quite apparent, but data coverage still has room for growth in some of the more rural areas. MTN has also created its own mobile money service,
can transportation subsidiary is the largest container shipping company in the world. It has a fleet of over port calls every year. The Durban Port is one of Africa’s most frequented, and the South African government is investing in its renovation, which will help the company greatly in carrying out their daily business practices.
tremely popular in parts of South Africa where direct access to one’s own finances is limited. The compa
Financial service and mobile telecommunication collaboration between the entities involved is not a concept, it is a reality, and many sectors are now becoming very much vertically integrated.
ROAD ACCIDENT FUND
ready hit its 2020 emission reduction targets, and now it
does increase transit time slightly, it also reduces costs.
Centurion Pretoria0046
“Our ability to solve problems and have vessels arrive on time is paramount to our success in this business. Our ability to manage challenges is part of the package we offer, and what we believe puts us ahead of our competition.”
customerservices@raf.co.za www.raf.co.za
www.ebizguides.com
Activity: Automobile Social Insurance Founded: 01 May 1997
95
Transport & Communication
provides mandatory compensation to accident vic tims who have either endured a significant injury or have lost their lives—in which case compensa also assists victims who are injured with the medi cal bills resulting from the incident. It is funded
major benefits to the country’s economic growth, tourism, social development, and also leads to more economic opportunities.
system, which is a toll collection system in which
driving in South Africa. The process of deciding how much a victim is awarded is often times quite litigious, therefore, problem with false reports; therefore, a great deal of time is spent on investigating accidents and identifying their true nature.
says of the future of the company: “Our aim for the future is to shift to a system where benefits are defined and to create a payout ceiling. There is too much discrepancy between what a poor or rich person can receive.”
tollbooth, this technology will open the boom, al lowing the vehicle to pass.
“SANRAL Works diligently to make sure the country’s road network is in top condition. We have unique road conditioning monitoring equipment, which gives us automate feedback on the roads and allows us to address any issues with great speed and efficacy.”
SOUTH AFRICAN EXPRESS AIRWAYS Inati Ntshanga
THE SOUTH AFRICAN NATIONAL ROADS AGENCY LTD (SANRAL) Nazir Alli
0184 Pretoria0001
info@nra.co.za www.nra.co.za
Activity: Road Management Founded: April 1998
Activity: Airline Founded: 24 April 1994
regional passenger and cargo carrier. It has be come one of the fastest growing regional airlines
press plays a significant role in the country’s hos pitality, travel, and tourism industries. As such, it is
for the management, maintenance, and develop
development.
operations are divided between toll roads, which
This company has a high frequency of flights,
funded by transfers from the Department of Trans port.
tween business and leisure travelers.
This company has supervised the building of the N3 Toll Concession, which are all South African Toll Roads. The creation of these roads provides
96
As the company only has regional aircrafts, it is limited in how far the planes can travel. It can gen erally only travel three to four hours at a time. It is
www.ebizguides.com
Transport and Communication
SOUTH AFRICAN SHIPYARDS Uganda, Democratic Republic of Congo, the Ivory
Durban 4000 reasoning for having such a high frequency of flights stating: “If you want to stimulate the market, you cannot have a low frequency of flights. It is important to provide frequent service with a high number of flights in order to sustain market growth.�
Durban Beach
www.ebizguides.com
Activity: Shipbuilding and Repair Founded: 2006
Transport & Communication
Shipbuilding is South Africa has been ongoing for and it now enjoys about 8% of the total South Af ion. South African Shipyards was restructured in 2006, but with the added advantage of being able
of passenger cars, light, medium, and heavy com mercial vehicles, and its recreational and other specialized vehicles.
employees, and the South African government, The company is committed to training, education,
tivized training opportunities and apprenticeships in the industry. This company is the largest shipbuilder in the country and one of the three largest ship repair and the ship repair department is available at any
tential of each individual. This is part of its commit ment to social responsibility in the region.
tential for growth in the car manufacturing industry is great. Nissan sees South Africa as a gateway to the rest of the continent, and its free trade agree
Its shipyards have full capabilities in terms of re pairs, and it can literally rebuild or salvage nearly
related vessels.
problems the company faces with its catering to
“We suffer in the foreign markets because many ship orders are going to cheap manufacturers of low-quality vessels. We are buoyed by the South African government that is currently renewing its tug and naval fleets, which give us a constant flow of business.”
“Currently Nissan manufactures 54,000 units annually, and we hope to increase this to 102,000 shortly. We are starting to look to expand our market share by targeting the lower income brackets as we have introduced our cost-efficient Datsun line to South Africa.”
SOUTH AFRICA AIRWAYS
NISSAN SOUTH AFRICA (PTY) LTD www.flyaa.com MD Pretoria 0200
Activity: Airline Founded: 1 February 1934 South African Airways is the country’s largest air line, and it flies to 38 countries worldwide. It has
www.nissan.co.za
Activity: Automobile Manufacturing and Distribution Date of Creation: 1911 Nissan has been supplying quality vehicles to South African customers for the last 40 years. It has supplied vehicles meeting the specific needs
98
from its hub at OR Tambo International Airport. It has gone through a number of changes through out the years, particularly in its appearance, logo,
South African flag on its wing and is one of the most recognizable airlines in the country.
www.ebizguides.com
Transport and Communication
CROSSROADS LOGISTICS
offering specialized logistics services across the entire supply chain. Customers can choose from a variety of individual services or bundled services that are specifically geared to meet its customers’ needs. Regardless of which set of services are chosen, cus tomers are guaranteed sustainable improvements in
www.crossroads.co.za
This company efficiently and effectively manages an
Activity: Logistics Services Founded: ~1930
as well as a vast fleet. All of this is done while still maintaining the highest standards in safety, environ mental care, and in providing superb health benefits
services it offers.
www.ebizguides.com
99
AGRICULTURE
Agriculture
INVESTMENT OPPORTUNITIES
CROPS Grain & Oilseeds
102
www.ebizguides.com
Agriculture
Fruit
Wine
Sugar
www.ebizguides.com
Agriculture
Vegetables
LIVESTOCK
Cotton
Dairy Farming
Beef Farming
Tobacco Sheep
Tea
Ornamental Plants Poultry
www.ebizguides.com
Agriculture
Game Farming
Aquaculture
MAIN ENTITIES WINES OF SOUTH AFRICA
CEO
Activity: Council of Wine Producers Founded: 1999
www.ebizguides.com
“We’ve put a weighted amount of attention on the American market, which is quite complex due to the various regulation regimes that vary from state to state. In the states, we market based on linking our cultures, as the South African and American cultures have many similarities. This differs from our growing BRIC markets where the cultures are very different. We are working to better understand their systems and adapt our programs without changing our DNA.”
EDUCATION & HEALTHCARE
Education & Healthcare
EDUCATION OVERVIEW According to the most recent census statistics, South Africa has approximately 12 million students, 24,000 public schools, and 365,447 educators. The government has a strong and unyielding commitment to the education of the general population, and it has already incorporated concrete plans to improve many aspects of the education system and student experience. Education is officially broken down into three distinct levels: General Education and Training (GET), Further Education and Training (FET), and Higher Education (HE). The Department of Education, under the guidance of nine provincial departments, organizes and manages the country’s education system. Several statutory bodies exist within the education system including: the Council of Education Ministers, Heads of the Education Department’s Committee, General and FET Quality Assurance Council, South African Qualifications Authority, Council on HE, South African Council for Educators, National Board for FET, Education Labour Relations Council, and the National Student Financial Aid Scheme (NSFAS).
110
There is currently a shortage of teachers, principals, and department heads in the country, and R3 billion was set aside in 2012 to support teacher development. School buildings and the general infrastructure surrounding education services is rapidly improving. In 2012, an infrastructure grant of R5,822,398billion was set aside, which was R93,215 more than what was awarded in 2011. This grant was used to eradicate inappropriate structures, provide basic water and sanitation, and ensure electricity availability for all public schools. In 2011, the Vodacom Foundation sponsored nine Information and Communications Technology (ICT) resource centers. That same year, 2,334 schools were connected to the internet.
INVESTMENT OPPORTUNITIES Education represents another great opportunity for
www.ebizguides.com
Education & Healthcare
the country to receive FDI. Through direct investments or joint-ventures, investors can take advantage of a number of the growing and improving aspects of the education system. It is clear that South Africa is committed to investing in the country’s education. There are a number of plans already in place to improve the education system, from specific infrastructure needs to classroom materials, there are a number of different areas to focus on when thinking about possible investment opportunities in the country. Some of the general categories that may represent great opportunities for investment are the following:
PRIMARY & SECONDARY EDUCATION The Department of Basic Education handles all primary and secondary education matters. It is their responsibility to improve the quality of learning and ensure its quality standards are upheld. In 2012, their budget increased from R13,868 billion to R16,344 billion.
Schooling 2025 is a results-driven measure by the Department of Basic Education meant to lead to a number of improvements in the education system. This plan saw gradual success in the past few years. The national pass rate for the class of 2009 was 60.6% while the pass rate for the class of 2012 increased to 73.9%. The Annual National Assessment (ANA) is the universally used standardized test in South Africa. Based on the results from this test in 2012, the literacy rate for grade 3 improved to 53%, as compared to only 35% in 2011. R75 million was set aside in 2013 to strengthen programs and assessments
www.ebizguides.com
111
Education & Healthcare
Education & Healthcare
of all grades up to grade 9, and R811 million was used towards buying new workbooks for students in grade 9.
HIGHER EDUCATION The Department of Higher Education and Training brings together and governs all higher education institutions, colleges, and adult education institutions. This responsibility formerly belonged to the Department of Education. There are 50 multisite-campus FET colleges in the country. Each college is made up of a single governing council appointed to ensure effective and accountable management in the FET college campuses and sites. cation projects an increase from 15% to 20% in higher education attendees within the next 15 years. Business, science, engineering, and technology degrees are on the rise and are believed to continue in this direction well into the future. FET colleges have seen increased investment from the government. The maritime industry, for example, previously had a vacancy rate of about 45,000 jobs. In an effort to fill these vacancies, the government started an initiative in 2013 that began offering FET courses geared towards the maritime industry.
RESEARCH & DEVELOPMENT Although South Africa had suffered many years of academic isolation, the country’s higher education institutions have fought to join the international research community in the last 20 years. The country is now a leader in yearly research output provided by around 12,500 academics. The country’s top 12 universities produce the majority of the country’s research, and the National Research Foundation spends R43 million each year in promoting and funding research activity in less fortunate institutions.
www.ebizguides.com
113
Education & Healthcare
HEALTHCARE OVERVIEW There are currently far-reaching reforms in place to revitalize and restructure the healthcare system, which is made up of a large public health sector and a smaller, but fast-growing private component. The Department of Health has spearheaded what it refers to as a 10-point plan, which aims to increase life expectancy, decrease maternal and child mortality, combat HIV and AIDS, decrease the cases of TB, and strengthen system effectiveness.
INVESTMENT OPPORTUNITIES The South African government has invested and continues to invest large sums of money to revamp the public and private healthcare system. There are a number of opportunities to be taken advantage of in both the public and private sector. In general, hospital and clinic infrastructure, pharmaceuticals, andmedical education are the most lucrative opportunities for investments in healthcare based on country trends.
ing such institutions, and reducing healthcare costs. Health improvement teams have been sent across the country to identify facilities in need of improvement and to begin such improvement works. The National Health Act, 2003 provides a single health system framework for all of South Africa. This provides a guideline of the rights and responsibilities of healthcare providers and users. There are currently 4,200 public healthcare facilities in the country, and there are 13,718 citizens per clinic. Since 1994, more than 1,600 clinics have been built or upgraded.
PRIVATE HEALTHCARE In 2012, 159,569 medical practitioners were officially
practitioners work in the private sector.
PUBLIC HEALTHCARE Many find the public health sector to be under-resourced and over-used. The country has worked hard to invest in making the necessary changes to create a better image for this sector. In the last 10 years, the public health sector has gone through a number of reforms and revitalization measures. There has been a strong focus on six key areas: infrastructure, planning, developing and managing of human resources, quality of care at public healthcare institutions, reengineer-
114
There are 97 private medical companies, 8,469,784 beneficiaries, and a money flow of R84.9 billion in the counts for 58% of total healthcare expenditure, and it consistently receives a higher proportion of personnel—not including nurses—than the public sector. The price of medical services differs between individuals, and it functions on a sliding scale depending on the income and number of dependents a patient has. A family’s ability to pay is based on the standard means test.
www.ebizguides.com
Education & Healthcare
finance, direct sales, telecommunications, technology, food, retail, nutraceuticals, and pharmaceuticals. It is currently using the capital raised in their stock exchange debut to fund a number of acquisitions. As of late, they have been on something of an acquisition spree, buying a number of local South African companies to enhance their portfolio as a “health” and “care” provider. Among its various business ventures, it provides health and pharmaceutical products for human, animal, and plant treatment. This company is not a typical healthcare product and service provider because of its focus on these three areas. Ascendis’ vision is to build a noteworthy business of synergistic health brands across the value chain. It hopes to achieve its vision by focusing on developing its management teams, creating plant, animal, and health sector platforms, and by working on creating vertical integration within the various available industry sectors. Its consumer brands include Solal (Healthy aging specialists), Scientific Sports Nutrition, Sportron, FoodState, Nimue (Skin Technology), and Evox Advanced Nutrition.
MAIN ENTITIES ASCENDIS HEALTH LTD
CEO Silverwood Close Tokai7945 Tel: +21 21 701 2232 Fax: +27 86 510 8865 www.ascendis.co.za info@ascendis.co.za
Opportunities are taken advantage of across a broad spectrum of treatment areas. The company plans to broaden its focus from that of a preventative health care provider to one that includes intervention-based pharmaceuticals as well as chronic illness medicine. Much of this business is based on complementary or alternative medicine, which includes sports and fitness medicine. Despite the inherent high prices these products generally imply, the growing middle-class is a large potential market of people who could benefit from such products due to their dedication to living a healthy lifestyle. Another potential opportunity for Ascendis is found in that the South African government is planning on increasing the accessibility and affordability of health-care products. A possible health insurance requirement could be extremely beneficial for South African healthcare product providers.
Activity: Healthcare Products and Services Founded: 22 November 2013 for the company noting: In November of 2013, Ascendis Health raised R464 million in its debut on the Johannesburg Stock Exchange. Ascendis Health markets itself as a “health” and “care” brand. It primarily makes medicine and insecticides. The Ascendis team is made up of a unique combination of individuals from both entrepreneurial and internationally-minded, large corporate backgrounds. The executive team has extensive experience from a wide variety of industry backgrounds ranging from distribution,
www.ebizguides.com
All the companies we have acquired have a strong export base and are indigenous South African companies. This speaks volumes to the quality of the South African health product market. As the government initiates a national health insurance plan in which every citizen would have to be covered, there are enormous opportunities for healthcare companies to expand their markets.¨
115
TOURISM INDUSTRY
Tourism Industry
Tourism in South Africa has seen considerable growth since the country’s first democratic election held in 1994. International tourism has increased from around 3 million in 1993 to over 10.3 million in 2010. There is great capacity within this sector to create jobs as it is inherently a multi-faceted industry that spreads across a variety of economic sectors.
baseline of R189.4 billion to R499 billion by 2020. Even at the current level of tourism found in the country, this sector supports one in every 10 South African jobs.
DOMESTIC TOURISM
The tourism sector accounts for an estimated R67 individuals worked, in some capacity,within the tourism industry. According to the government’s Medium-Term Strategic Framework (MTSF), 2009, tourism is considered one of the country’s six core pillars of growth.
Domestic tourism contributes to 52% of South Africa’s total tourism consumption. That being said, domestic tourism decreased by 8% in 2009. Only 30 million domestic vacations were taken compared to 33 million enjoyed in 2008.
INTERNATIONAL TOURISM INVESTMENT OPPORTUNITIES Tourism is viewed, world-wide, to be a strong tool for economic growth. In 2012, the G20 heads of state acknowledged tourism to be a growth and development driver as well as an industry that could spur global economic recovery.
South Africa has increasingly become an ideal destination for international tourists. Due to its highly diverse climate, culture, tourist activities, and infrastructure, tourists come to live out a number of different experiences.The country is particularly popular for the following types of tourism:
tourism to be a key sector with a great deal of growth potential. The South African government hopes to
118
www.ebizguides.com
Tourism Industry
tourist movement within and surrounding South Africa. Regional visas and visa waiver programs are being considered as a way of meeting the sector’s goals. boost to the country’s international tourism. A record 8.1 million foreign visitors were reported as visiting the event. Even more surprising is that the following year, 8.3 million international tourists visited the country.
TOURISM BOARD South Africa’s tourism sector is led by the Department of Tourism under the leadership of the Minister of Tourism. It recently developed a National Tourism Sector Strategy (NTSS), which aims to inspire and accelerate the industry’s growth by 2020. One of its biggest goals is that of sustaining the large amounts of tourism seen during
MAIN ENTITIES DA VINCI HOTEL
Cape Town-Soccer Stadium
General Manager
Regional African tourists make up the largest percentage of international tourists, accounting for 73% of the country’s total tourist figures. Regional tourists also contributed more than R50 billion in revenue in 2011.
Sandton 2196 Tel: +27 11 292 7000 Fax: +27 11 292 7100 davinci@legacyhotels.co.za www.thedavinci.co.za
International tourism is set to grow in the coming years as the government is working on facilitating
pitality sector. An unforgettably luxurious experience, this Five Star hotel’s interior was styled by the worldrenowned interior designer, Stephen Falke, creating an atmosphere of sophistication and creativity. The hotel consists of 166 en-suite rooms plus an adwith all the luxuries one would expect from a five-star establishment including complimentary high speed also include a pool, terrace, gymnasium, restaurant, bar, and conference facilities. The location is ideal as the Da Vinci is situated di-
shopping centre.
www.ebizguides.com
119
Tourism Industry
DURBAN TOURISM
with a professional and energized approach, the group proudly owns 14 casinos and over 90 hotels in South Africa, Africa, and Seychelles.
90 Florida Road Durban, 4001 Tel: +27 31 322 4164 funinsun@iafrica.com www.durbanexperience.co.za
The company’s hospitality interests offer the widest distribution of hotels in Africa. They offer worldclass accommodation across all markets, including
Activity: Municipal Tourism Department The Durban Tourism Department was created by the eThekwini municipality to market the city as a tourism destination. It is a well-developed South African city situated on the eastern seaboard of Africa and on the edge of the Indian Ocean.
also operate several well-known trusted budget tels. The group has also invested in expanding into Seychelles, and the Middle East. Tsogo Sun is listed on the Johannesburg Stock Exchange (JSE). The key shareholders of Tsogo Sun -
Township tourism is an emerging tourism area of interest; therefore, Durban Tourism promotes its provinces like Kwazu Natal, as Durban is the major entry point for this province.
South Africa’s largest hotel chain. It was founded by
“The tourism industry in Durban currently employs around 61,000 people, and its seven-year plan is to increase its employment to 74,000 people by 2020. As part of our plan we have also identified source markets; we are primarily gearing our marketing efforts towards European and BRIC countries.”
TSOGO SUN GROUP
ings to create Tsogo Sun. Today, Southern Sun has 90 hotels in South Africa, developments spans 14 properties and 6 provinces and includes some of the largest and most popular entertainment destinations in South Africa. Apart from providing exceptional accommodations, Tsogo Sun is currently working on developing their conferencecenter business. They own and operate
Marcel Von Aulock
Fourways 2055 Tel: +27 11 510 7800 tsogosun.com
Activity: Hotels and Lodging Founded: 1969 Tsogo Sun is the leading hotels, gaming, and entertainment company in South Africa. They are dedicated to providing a wide variety of hospitality and exciting entertainment and leisure experiences
122
only privately owned centers in the country. They hope to prove themselves to be valiant competitors on a global scale in terms of attracting large events to their locations in South Africa. Tsogo Sun is a true leader in South Africa when it comes to hotels, resorts, privately owned conferlock, asserts his confidence in the future success of their casinos by stating: “The fact is that gaming never goes out of fashion. The technology surrounding the sector might change but gambling will remain a core component of our business. As long as people in South Africa continue to have money, the industry will continue¨ GLENALMOND HOTEL
www.ebizguides.com
Tourism Industry
EXPERIENCE YOUR PERFECT ESCAPE Everyone has their own idea of the perfect break. A holiday with loved ones, the thrill of the casino floor or the imagination of theatre. Whatever yours is, Tsogo Sun has the variety you need, with 14 casinos and over 90 hotels in South Africa, Africa and Seychelles. Experiences shape your life, escape to ours. For more on the options available to you, visit tsogosun.com to choose your perfect escape. Tsogo Sun has a choice for everyone.
tsogosun.com
Tourism Industry
GLENALMOND HOTEL Njabulo Sibanda General Manager 130 Daisy Street Sandton 2196 Tel: +27 11 783 7127 Fax: +27 11 783 7125 bookings@glenalmondhotel.co.za www.glenalmondhotel.co.za Offering a real alternative to the traditional hotel contained apartment suites. Situated within walking distance of the central business district of Sandton, yet in a leafy residential area, the Glenalmond is a true home away from home. Each of the self-contained apartment suites is ing facilities. They also each have either one or two separate bedrooms and an outdoor terrace ensur-
124
ing easy access to enjoy the African sunshine. The rooms have flat-screen satellite televisions and ophousekeeping and room services. A laundry service
and lush ensuring privacy between each apartment suite. The hotel is well protected with 24-hour security on patrol and offers a sparkling blue pool and ensuring complete choice to either self-cater or to enjoy the chef’s offerings. The Glenalmond’s delightful staff ensures each guest’s stay is a restful and memorable experience. The hotel is perfectly situated and setup for the corporate traveller both coming from domestic locations or abroad. The hotel management’s international team understands the demands of business travel and caters accordingly maintaining highest standards of professionalism and service.
www.ebizguides.com
Tourism Industry
SERENITY AT THE HEART OF SANDTON
www.ebizguides.com
125
ENTERTAINMENT
Entertainment
OVERVIEW South Africa has much to offer in terms of entertainment options for its visitors. Business tourists, especially, should take advantage of the ample variety of enjoyable activities this country has to offer. Moreover, the country’s diverse culture and traditions offer a picturesque backdrop to any visitor’s stay. Whether one’s visit be for business or pleasure, South Africa has more than enough to make one’s stay filled with the right combination of both fun and adventure.
CULTURE South African culture is truly quite mixed. One’s specific culture is primarily dependent on the individual’s ancestor’s past: what tribe they came from or what European country their family came
128
from tends to play a large role. With this in mind, the Department of Arts and Culture is committed to acknowledging and preserving all cultures located in the region. The tribe is considered the most important community in traditional African society as it is considered to be their equivalent to a nation. The “coloured” and traditional Afrikaans cultures place an emphasis on the importance of their extended family, and alternatively, the English-speaking white community tends to place more emphasis on the nuclear family. There is a wide variety of languages spoken among the various groups living in the country, and the Department of Arts and Culture sponsors the Indigenous Languages Publishing Programme, which works alongside the African Book Development Council (SABDC) to publish material in nine previously marginalized languages.
www.ebizguides.com
Entertainment MUSIC & DANCE
is also responsible for the employment of 38,000 individuals.
Music
Traditional as well as innovative artworks are often created, including jewelry, tableware, home decorations, embroidery, wooden engravings, and wirework sculptures. Many mediums are used to create these pieces, and they can be found in shops and markets throughout the country.
The music industry in South Africa is quite strong; in 2007, it ranked 17th in the world and was worth R1.7 billion in sales. The country has the 25th strongest market for recorded music, and the industry employs more than 20,000 people. Onethird of all music bought by South Africans is locally produced. The Cultural Industrial Growth Strategy Report has identified music to be one of the key cultural industries, and the South African Government has initiated a number of programs to support the music industry. They have participated in joint initiatives with the Department of Basic Education and private organizations to support young talent as well. There is music for all tastes to be found in South Africa. From pop and rock to traditional-modern fusions, there is always something new and exciting to discover within the South African music scene. Kwaito and hip-hop are quite popular; they combine rap, reggae, and other musical styles into one distinctly South African musical genre.
Dance Artistic expression is often achieved through dance in South Africa. Dance companies are increasing in popularity regardless of the company’s dance style. Many of the most popular dances are inspired by the African experience. Elements from wedding ceremonies, battles, and rituals have seeped into many of the dance styles. The Dance Factory, in Johannesburg, is an informal performance venue for dance and movement groups. The Wits Theatre is also a popular venue for dance lovers around the country. South African contemporary dance is presented annually at the FNB Dance Umbrella. New choreographed dances are presented, and spectators can see youth and community group performances as well as professional works.
Basketry can be found in KwaZulu-Natel, and paintings influenced by ancient rock art can be found in the Northern Cape Schmidtsdrift community. The Venda and Tsonga communities sell beadwork, sculptures, ceramics, and jewelry in Limpopo.
GASTRONOMY There are many cuisine options for tourists visiting South Africa. Some of the country’s most traditional dishes, like biltong (dried, salted meat), bobotie (similar to Shepherd’s pie), and boerewors (grilled farm sausages) are always a crowd favorite. Some more unusual, but still quite traditional, selections include crocodile sirloins, fried caterpillars, and sheep heads. There are, of course, more internationally recognized dishes available in restaurants around the country. Hamburgers, sushi, and spaghetti bolognaise are not uncommon to find in many restaurants. Water is also potable throughout the country. Some of the most notable recipes are provided below and in the pages to follow:
Biltong Ingredients 2 kg good quality meat Biltong spice
ARTS & CRAFTS The arts and crafts sector accounts for nearly R11 billion annually to the South African GDP. It
www.ebizguides.com
Directions Slice the meat into strips, making sure that there some thin strips for those who like their Biltong a bit dry.
129
Entertainment
130
www.ebizguides.com
Entertainment
www.ebizguides.com
131
Entertainment
Place the meat in a tray. Sprinkle 80 grams of dry Biltong spice evenly over all sides off the meat. Protect the meat against flies and let it stand for 3-4 hours. Dry the meat with paper towels and hang in a Biltong Maker (or a dry, drafty area). Let dry for 3-5 days.
Bobotie Ingredients 2 onions, thickly sliced 1 tbsp vegetable oil 1 slice white bread 1 cup of milk 2 lb lean ground beef 1 tbsp curry powder 2 eggs 1 tbsp white sugar 2 tsp salt ½ tsp ground black pepper 2 tbsp vinegar 3 tbsp chutney 6 almonds ½ cup of raisins 4 bay leaves
Directions Heat water in a saucepan over high heat. Bring to a boil and add the onion slices. Reduce heat and simmer until the onions appear translucent, 3 to 5 minutes. Remove the onions and finely chop them.
132
Heat the vegetable oil in a skillet over medium heat. Stir in the onion; cook and stir until the onion has browned slightly. Preheat oven to 350 degrees F. Grease a 7x11” baking dish. Soak the slice of bread in the milk and gently squeeze out the milk; set the milk aside. Crumb the bread into a large mixing bowl. Mix bread together with ground beef, curry powder, 1 egg, sugar, salt, black pepper, turmeric, vinegar, chutney, almonds and raisins . Place the mixture the prepared baking dish. Insert the bay leaves into the meat. Bake in the preheated oven for 1 hour. Beat the remaining egg with 3 tablespoons of the drained milk. Pour over the meat and bake for another 30 minutes.
Boerewors Ingredients 3 lb beef 3 lb pork 1 lb bacon ½ cup red wine vinegar 1 clove garlic 4 tbsp Worcestershire sauce 3 to 3 ½ oz sausage casing 2 tbsp salt 1 tsp ground pepper 2 tbsp ground coriander ½ tsp freshly grated nutmeg ½ tsp ground dried thyme ½ tsp ground allspice ¼ tsp ground cloves
www.ebizguides.com
Entertainment
Directions Dice the bacon into pieces not larger than 1 inch Cut the beef and pork meat into 1 to 1 ½ inch cubes. Mix it well with all the other ingredients except the sausage casing. Grind the meat using a medium-coarse grinding plate. Fill the sausage casings firmly, but not too tightly with the meat mixture.
Directions In a large skillet heat the oil over moderate heat. Add the lamb and brown it in batches. Transfer pieces to a plate. Add the onions, garlic, and ginger, and cook over low heat. Return the meat to the skillet. Cover tightly, and simmer for 30 minutes over the lowest heat. Stir in the water, green beans, potatoes, chile peppers, thyme, salt, and pepper, and bring to a boil. Cover again, reduce heat, and simmer for about 1 hour, stirring occasionally. Season to taste and serve immediately with rice.
Refrigerate for 24 hours before using. Boerewors can be kept for a week or for 3 months if frozen.
Green Mealie Bread (Corn Bread) Green Bean Bredie (Lamb and Green Bean Stew) Ingredients 2 tbspoil 1-1/2 lb lamb, cut into bite-sized pieces 1 cup coarsely chopped onions 1 tsp minced garlic 1 tsp minced fresh ginger root 1/2 cup water 1 lb fresh green beans, trimmed, cut into 1” lengths 2 medium potatoes, peeled, cut into 1/2” dice 1 tbsp finely chopped fresh hot chile peppers 1/4 tsp dried thyme 1 tsp salt Pepper
www.ebizguides.com
Ingredients 2 cups biscuit mix 1 cup creamed corn 1 tbsp sugar 1 egg 1/2 cup whole milk 2 oz butter, melted
Directions In a large bowl, place the biscuit mix, creamed corn, and sugar. Add the egg and milk, and stir just until combined. Preheat the oven to 400 degrees F. Grease a 9” baking pan. Place the mealie mixture into the pan, and coat with the melted butter. Bake for 20 minutes.
133
Entertainment
Hoender Pastei (Boer Chicken Pie) Ingredients One 5-6 lb chicken (hen) 1/2 tsp mixed pickling spices 1 tbsp salt 2 medium onions, peeled, halved 4 carrots, peeled, halved 2 ounces butter 6 tbsp flour 1/4 cup white wine Salt, pepper 2 egg yolks 4 tbsp lemon juice 3 hard-boiled eggs, sliced 4 oz Danish ham, sliced thinly Pie crust dough 1 egg beaten with 1 tablespoon water
Directions In a stewpot, place the chicken, spices, salt, onions, and carrots, and cover with water. Bring to a boil and simmer for 1-1/2 hours. Strain the broth and reserve. Cut the chicken into bite-sized pieces. Slice the carrots and reserve. In a saucepan, heat the butter over moderate heat. Add flour and stir well, forming a roux. Cook for a few minutes, stirring constantly, then add 3 cups of the reserved chicken broth, the wine, salt and pepper. Stir until thickened slightly. In a small bowl, beat the egg yolks and lemon juice together until frothy, then add to the sauce. Beat well, and continue cooking until sauce thickens more. Remove from the heat.
Preheat the oven to 450 degrees F. In a 4 quart deep-dish baking pan, place the chicken uniformly on the bottom. Arrange the hard-boiled egg slices on top of the chicken, and then top with the ham slices. Spread the reserved carrot slices, then cover with the sauce. Roll out the pie crust, and lay it over the baking dish. Press along the edge firmly and trim excess. Puncture the crust in several places to allow steam to escape. Brush dough with egg. Bake for 10 minutes, then reduce heat to 375 degrees F and bake 30 minutes longer. Crust should be golden brown.
Sosaties (Grilled Marinated Meat with Apricots) Ingredients 2 lb lamb, cut into 1” pieces 1 lb pork, cut into 1/2” cubes 1 garlic clove, peeled Salt, pepper 4 tbsp oil 1 cup onions, chopped 1 tbsp curry powder 1 clove garlic, minced 2 tbsp sugar 1 tbsp tamarind paste 2 cups white vinegar 2 tbsp apricot jam 2 tbsp cornstarch dissolved in 2 tbsp red wine 1/2 lb dried apricots 1/2 cup dry sherry
Directions Place the lamb and pork pieces in a large bowl that has been rubbed with the clove of garlic. Season it with salt and pepper, and toss. In a saucepan, heat the oil. Add the onions and sauté for 5-6 minutes, and then add the curry powder and garlic. Sauté for another minute. Add the sugar, tamarind paste, vinegar, and jam and stir well. Stir the cornstarch mixture and add it to the onions, and cook, stirring constantly until it thickens. This should take about 3 minutes. Cool, then add to the meat and toss well. Marinate for 2-3 days.
134
www.ebizguides.com
Entertainment
One day before preparing the sosaties, combine the dried apricots and sherry in a small bowl, cover, and let sit overnight in the refrigerator.
CAPE TOWN
Drain meat from sauce and reserve. Thread lamb, pork, and apricots on skewers. Grill over charcoal until browned on all sides. Serve with heated reserved sauce.
SHOPPING
JOHANNESBURG
There is no shortage of world-class shopping centers in South Africa that offer a safe setting to view the latest movies, eat delicious food, and buy just about anything a shopper could be looking for. With an endless amount of stores, boutiques, chain stores, and specialist shops, this country’s malls have it all. Most shopping centers have movie theaters, restaurants, and entertainment facilities in addition to the standard store listings. Malls are generally found close to major highways and have large parking lots. Some of the country’s top shopping malls are listed on the right:
PRETORIA
Entrance to Woolworths in Somerset Mall, South Africa
www.ebizguides.com
135
Entertainment
136
www.ebizguides.com
Entertainment
www.ebizguides.com
137
Entertainment
WHAT TO SEE & DO Those looking to appreciate some of what the country’s natural habitat has to offer may be interested in visiting the country’s national parks. Some of the most popular are Kruger National Park, Kgala National Park, and Addo Elephant National Park. The country’s rich history also translates to a high quantity of UNESCO World Heritage Sites. It is home to the Cradle of Humankind, which is an archeological site containing caves rich in hominid remains and fossils. Robben Island, where Nelson Mandela was imprisoned, is frequented by tourists and local nationals alike. UkhalambaDrakenberg Park and Vredefort Dome, a meteorite impact crater site, are also key sites to see.
Bo-kaap Formerly known as the Malay Quarter, Bo-kaap is a multicultural neighborhood found in downtown Cape Town. It is filled with brightly colored 19th and 17th century houses, many of which were originally inhabited by Muslims in the city. This neighborhood is also home to South Africa’s first Muslim mosque.
The Castle of Good Hope Built by the Dutch East India Company, this pentagonal fortification is the oldest building in South Africa. It replaced a timber fort built in 1652 by Commander Jan van Riebeeck, who founded the maritime replenishment station at the Cape of Good Hope. Traditional ceremonies performed by the Castle Guard are conducted on weekdays at 1000 and 1200. The Castle of Hood Hope
CAPE TOWN A trip to Cape Town is not complete without stopping by the following monuments:
C/O Darling and Buitenkant Streets Tel: +27 21 787 160 Price: R 30 www.castleofgoodhope.co.za Kirstenbosch Botanical Gardens This is without a doubt the most beautiful garden in South Africa, and it is considered by many to be one of the best in the world. It is found against the eastern slopes of Table Mountain, and was origi-
138
www.ebizguides.com
Entertainment
nally established in 1913 to promote the rich and diverse flora of the country. Kirstenbosch Botanical Gardens Rhodes Drive, Newlands Cape Town Tel: +27 21 799 8783 Price: R 45 www.sanbi.org/gardens/kirstenbosch
Robben Island This island is a must-see for visitors looking to learn more about the apartheid era of South Africa. There was a maximum security prison located on the island where Nelson Mandela was held for 18 years. The island is now a museum, where visitors can take guided tours of the many prison buildings and historical landmarks on the island. Robben Island Museum Cape Town 7400 Tel: + 27 21 413 4219 Price: R 150 www.robben-island.org.za
www.ebizguides.com
Rhodes Memorial This memorial honors the memory of the former Cape Colony prime minister and mining magnate Cecil John Rhodes. The memorial sits at the foot of Devil’s Peak in the Table Mountain National Park, and it offers great views of Cape Town and the Hottentots Holland mountains. Rhodes Memorial Groote Schuur Estate, Rondebosch Tel: + 27 21 689 9151 Price: Free www.rhodesmemorial.co.za
Houses of Parliament With an impressive façade that can be seen from Plein Street, the Parliament is a great place to visit for those interested in South African politics. Tours can be arranged on weekdays, and tickets to sit in on a Parliament session can easily be acquired as well. Houses of Parliament Parliament Street Cape Town 8000 Tel: +27 21 403 2911 Price: Free www.parliament.gov.za
139
Entertainment
View across the Victoria Basin at the Victoria & Alfred Waterfront
Victoria and Alfred Waterfront Located near the Cape Town Stadium and in the
Cape Town hosts what is known as the museum mile. You can walk the following museums:
has a number of indoor shopping and entertainment venues. If that were not enough, the ocean breeze and wonderful mountain views make this area a truly worthwhile place to visit.
District Six Museum This museum is a must see for those who wish to learn more about the apartheid era in South Africa. It serves to remember the 60,000 plus residents who were forced out of their homes in the district six area of Cape Town after it was declared “whites only.�
V&A Waterfront
District Six Museum
Waterfront 8002 Tel: +27 21 408 7600 Price: Free www.waterfront.co.za
25 Buitenkant Street, Cape Town 8001 Tel: +27 21 466 7200 Price: R30 self-guided tour, R50 with guide www.districtsix.co.za
District Six Museum
140
www.ebizguides.com
Entertainment
Slave Lodge This lodge, built by the Dutch East India Company, housed up to 9,000 slaves. It also served as lodging for convicts and the mentally ill. Slave Lodge Corner of Adderley and Wale Streets Cape Town Tel: +27 21 467 7229 Adults R30 www.iziko.org.za
South African Jewish Museum This museum provides a detailed account of the Jewish diaspora located in South Africa. It offers a history of the Jewish community in the country, and it also takes a look back at the cultural history of the community in Europe and beyond. South African Jewish Museum 88 Hatfield Street Gardens 8001 Tel: +27 21 465 1546 www.sajewish.org.za
National Gallery This art museum showcases South African art from throughout the centuries. It hosts permanent and temporary exhibitions and hosts a number of foreign greats like Picasso and Marelene Dumas as well.
South African National Gallery Government Avenue, Company’s Garden Tel: +27 21 481 3970 Price: R30 www.iziko.org.za/museums/ south-african-national-gallery
Some interesting attractions to try out are the following:
Riding in a Cable Car / Hiking on Cable Mountain Those interested in getting a bird’s eyeview of the City Bowl can take the Table Mountain Aerial Cableway both up and back down. This provides a great view of the city, and the more adventurous can reach the summit on foot by taking one of the many beautiful trails.
South African National Gallery
www.ebizguides.com
141
Entertainment
Entertainment
Entertainment
Table Mountain Cableway Lower Cable Station, Tafelberg Road Cape Town Tel: + 27 21 424 0015 Price: Round-trip: R 215 One way: R 110 www.tablemountain.net
Visiting Cape Peninsula There are spectacular tours around the Cape Pennisula that stop in historic suburbs, fishing villages, and viewpoints on the way to Cape Point, where the Indian and Atlantic Oceans meet. The tours typically last a full-day, but it is time and money well spent.
Attending a wine tasting Located only an hour from Cape Town, the Cape Winelands offers visitors a glimpse into another world. The scenery, filled with rolling hills, majestic mountains, and historic wine estates provide a nice getaway for tourists from all backgrounds. Most estates offer wine tastings, and the largest and easiest cities to get to are Paarl, Franschhoek, and Stellenbosch. Fairview Wine Estate Suid-Agter-Paarl Road Southern Paarl Tel: +27 21 863 2450 www.fairview.co.za
Stellenbosch American Express Wine Route BazBus 32 Burg Street Cape Town 8001 Tel: +27 21 422 5202 Price: R 540 www.bazbus.com
36 Market Street Tel: +27 21 886 431 www.wineroute.co.za
Shark cage diving South Africa boasts a remarkably diverse shark popu-
Table Mountain Cableway
144
www.ebizguides.com
Entertainment
www.ebizguides.com
145
Entertainment
lation, with 40 of the world’s 98 species residing in and around Cape Town’s waters. Shark cage diving is incredibly popular in South Africa and a 110-mile journey to Gansabaii will lead visitors to the white shark capital of the world. There are a number of cage diving services available to fit all sorts of visitor’s needs.
Marine Dynamics 5 Geelbek Street Kleinbaai, Western Cape Tel: +27 28 384 1005 Price: R1500 www.sharkwatchsouthafrica.com
Great White Shark Tours Shark Diving Unlimited Kleinbaai Harbor Gansbaai Tel: +27 28 384 1418 Price : R1500 www.sharkcagediving.net
146
1 Swart Street Kleinbaai 7220 Tel: +27 28 384 2787 Price: R1350 (Transport: R+350) www.sharkdivingunlimited.com
www.ebizguides.com
Entertainment
Shark Lady 14 Geelbek Straat, Kleinbaai Harbour Gansbaai Tel: +27 28 312 3287 Price: R1350 www.sharklady.co.za
Deep sea fishing Typically departing at 6am, deep sea fishing voy-
www.ebizguides.com
ages provide tourists with views of the Cape’s stunning coastline. Tours provide professional fishing gear and allow for four hours of fishing. Long-fin tuna, Yellow-fin tuna, Dorado, and even Marlin can be found in the Cape’s waters. Cape Charters
Cape Town 8002 Tel: +27 21 418 0782 www.capecharters.co.za
147
Entertainment
148
Entertainment
Entertainment
JOHANNESBURG Carlton Building Some “must see� sights in Johannesburg are the following: Top of the Carlton Building This is the largest building in all of Africa, and after taking an elevator to the top of this building, one can enjoy breathtaking views of the city.
150
150 Commissioner Street Johannesburg 2001 Tel: +27 11 308 1331 Price: R15 www.gauteng.net/attractions/entry/carlton_centre
www.ebizguides.com
Entertainment
Johannesburg Art Gallery The Absa Towers North houses many unique artworks that are sure to leave a lasting impression. The building was commissioned at the same time its major artworks were commissioned; therefore, many of the rooms were built specifically to house certain works. This creates the perfect atmosphere to enjoy some of Africa’s most mesmerizing masterpieces.
www.ebizguides.com
Johannesburg Art Gallery Cnr Klein and King George Streets, Joubert Park Johannesburg 2044 Tel: +27 11 725 3130 Price: free www.gauteng.net/attractions/entry/ johannesburg_art_gallery
151
Entertainment
Origins Centre (African Museum of Rock Art) This museum shines a light on South Africa’s role in human evolution. It was opened in 2006 by President Thabo Mbeki, and it offers an extensive look into the history of modern humankind. It also offers an extensive collection of rock art, allowing visitors to see some of the earliest images created by man.
Montecasino Located in Fourways, north of Johannesburg, Montecasino is consistently voted number one for having the region’s best casino, entertainment complex, cinema, and for being the best place to take out-of-towners. There is enough here to pique the interest of any traveler, and its Tuscan style appearance makes it a great venue for the most luxurious of events.
Origins Centre Montecasino Enoch Sontonga Avenue University of Witwatrersand Johannesburg 2050 Tel: +27 11 717 4700 Price: R75, on Sundays: R37.50 www.origins.org.za
Walter Sinsulu Botanical Gardens Founded in 1982, this has been a favorite venue for outings since the 19th century. The area’s natural vegetation is called “Rocky Highveld Grassland,” and it is made up of a mosaic of grassland and savanna. There are over 600 naturally occurring plant species residing in the gardens.
Montecasino Boulevard, Fourways Sandton, Johannesburg Tel: +27 11 510 7000 www.montecasino.co.za
Kromdraai Gold Mine Dating back to the Johannesburg Gold Rush of 1886, the Kromdraai Gold Mine is a great tourist destination for those interested in this important part of Gauteng’s past. It is only 40 minutes from Johannesburg and at the heart of the scenic Cradle of Humankind World Heritage Site. Visitors can take a guided tour of the mine and see the harsh conditions miners had to work through on a daily basis.
Walter Sisulus Botanical Gardens End of Malcolm Road, Poortview, Roodepoort, Gauteng Tel: +27 86 100 1278 Price: R35 http://www.sanbi.org/gardens/walter-sisulu
Lion Park Neither a game reserve nor a zoo, this park’s function is that of a breeding ground and sanctuary for important species. It houses the endangered wild dog and the rare white lion and cheetah. The park’s secondary mission is to provide people with the opportunity to learn more about Africa’s most interesting animals.
Kromdraai Gold mine Ibis Ridge Farm, Kromdraai Road Kromdraai 1739 Tel: +27 82 259 2162 Price: R80 www.gauteng.net/attractions/entry/ kromdraai_gold_mine
Gold Reef City Amusement Park The Gold Reef City Amusement Park offers a wide array of rides for thrill seekers of all ages. From its famous Anaconda ride to its Tower of Terror, visitors can expect to spend a full day enjoying the many attractions found within this park.
The Lion Park Gold Reef City Amusement Park Honeydew, Gauteng Tel: +27 87 150 0100 Prices: Adults: R270 (with Lion cub interaction: R300) www.lion-park.com
152
Ormonde 2159 Tel: +27 11 510 7800 Price: R165 www.goldreefcity.co.za
www.ebizguides.com
Entertainment PRETORIA
National Zoological Gardens
In Pretoria, some “must see” sites include:
232 Boom Street Pretoria Tel: +27 12 339 2700 Price: R75 www.nzg.ac.za
Botanical Gardens Dating back to 1903, the Botanical Gardens originally belonged to the Botanical Research Institute. The gardens have changed names many times throughout the years, and it was only just opened to the public in 1984. There are paved walkways leading visitors through a maze of plants both native and foreign to the region.
Pretoria National Botanical Gardens 2 Cussonia Avenue Brummeria, Pretoria Tel: +27 12 843 5172/3/4 Price: R22 www.sanbi.org.za
National Zoological Gardens This zoo boasts over 600,000 visitors annually. The walkways encompass over 3 miles, and the zoo has 209 mammal species, 190 fish species, 4 invertebrate species, 93 reptile species, and 7 amphibian species. The aquarium and reptile park also form part of this zoo, and the aquarium is the largest in the country.
www.ebizguides.com
Wonderboo Nature Reserve This nature reserve offers a lot for visitors to see and do. It is located north of Pretoria in the Magaliesburg Mountains. Its most popular attraction is the Wonderboom (“Miracle Tree”), which has 13 individual trunks and is over twice as wide as it is tall.
Wonderboom Nature Reserve Wonderboom Pretoria 0182 Tel: +27 12 440 8316 Price: R28
Pretoria Art Museum This art museum primarily is made up of the Michaelis family’s collection, which was given to the museum in 1932. The museum’s collection also features a number of South African artist’s works as well as paintings from the 17th century North Dutch school.
153
Entertainment
Pretoria Art Museum Corner of Schoeman and Wessels Street Arcadia Park Tel: +27 12 344 1807/8 Price: R 20 www.tshwane.gov.za
Melrose House Museum Formerly belonging to the Heys family, the Melrose House is a fine example of architecture demonstrating the transition from Victorian to Edwardian architectural styles. It features beautiful stained glass, colorful carpets, and truly breathtaking original paintings and ornaments.
National Cultural Museum Offering some of the most diverse and exciting museums in South Africa, the National Cultural Museum is a great way to spend an afternoon. Visitors can explore a vast collection of temporary installations as well as some of their permanent treasures like “reach for the stars,” a space exploration exhibit, and the “rainbow collection,” the museum’s extensive rock art exhibition.
National Cultural Museum GaMohle Building, 70 WF Nkomo Street West, Pretoria Tel: +27 12 000 0010 Price: Free www.ditsong.org.za
Melrose House Museum 275 Jacob Maré Street Tel: +27 12 322 2805 Price: free www.tshwane.gov.za
154
Pioneer Museum The Pioneer Museum in Gauteng is a perfect place for visitors interested in learning how the early farmers of South Africa truly lived. It is an open air
www.ebizguides.com
Entertainment
museum covering three restored Victorian farmsteads. It features a horse mill, threshing floor, and several early farming implements.
Pioneer Museum Keuning Street Silverton, Pretoria Tel: +27 12 803 6086 Price: R 20 http://www.gauteng.net/attractions/entry/ pioneer_museum/ Groenkoof Nature Reserve Located less than two miles from Pretoria, this nature reserve offers a number of attractions for nature lovers. There are mountain bike trails, 4X4 tours, and horse and hiking trails as well. The reserve itself contains a fair amount of wild animals ranging from ostriches to giraffes.
www.ebizguides.com
Groenkloof Nature Reserve Off Christina de Wit Road Fountains Valley, Pretoria Tel: +27 12 440 8316 Price: Varies www.gauteng.net/attractions/entry/ groenkloof_nature_reserve
Austin Roberts Bird Sanctuary First opened in 1956 and by 1958 proclaimed a nature reserve, this bird sanctuary is a favorite among visitors and South Africans alike. It is considered a great place to be enjoyed for both recreational and educational use. Austin Roberts Bird Sanctuary Tel: +27 12 440 8316 Price: free, guided tour: R55 www.gauteng.net/attractions/entry/ austen_roberts_bird_sanctuary
155
Entertainment
WHERE TO EAT CAPE TOWN The Roundhouse Round House Road Cape Town 8040 Tel: +27 21 4384347 www.theroundhouserestaurant.com
PRETORIA La Pentola 5 Wells St Pretoria 0084 Tel: +27 12 329 4028 www.lapentola.co.za Ritrovo 103 Club Ave Pretoria 0065 Tel: +27 12 460 4361 www.ritrovo.co.za
Willoughby& Co Waterfront 2167 Tel: +27 21 418 6115 www.willoughbyandco.co.sz
Mama Africa Long St Cape Town 8000 Tel: +27 21 426 1017 www.mamaafricarestaurant.co.za
Col’Cacchio 42 Hans Strijdom Avenue Ln Cape Town 8001 Tel: +27 21 419 4848 www.colcacchio.co.za
JOHANNESBURG Linger Longer Wireda Valley, 58 Wierda Road West Sandton 2196 Tel: +27 11 884 0465 www.lingerlongerrestaurant.co.za Cube Tasting Kitchen 17, 4th Avenue Johannesburug 2193 Tel: +27 82 422 8158 www.cubekitchen.co.za The Marion on Nicol Marion on Nicol Boutique Hotel, Hamilton Ave Johannesburg 2132 Tel: +27 11 78 37 816 www.mariononnicol.co.za
156
WHERE TO STAY *for further details, please refer to the tourism industry section.
CAPE TOWN Cape Grace Hotel & Spa W Quay Road Cape Town 8002 Tel: + 27 21 410 7100 Fax: +27 21 424 1063 www.capegrace.com
Queen Victoria Hotel Victoria and Alfred Waterfront, Dock Road Cape Town 8001 Tel: +27 21 418 1466 Fax: +27 21 427 5901 www.queenvictoria-capetown.com
Ellerman House 180 Kloof St Cape Town 8005 Tel: ++27 21 430 3200 Fax: +27 21 430 3215 www.ellerman.co.za
JOHANNESBURG 54 on Bath 54 Bath Ave Johannesburg 2196 Tel: +27 11 344 8500 Fax: +27 21 424 1036
www.ebizguides.com
Entertainment
www.54onbath.com Saxon Hotel, Villas and Spa 36 Saxon Road, Sandhurst Johannesburg 2196 Tel: +27 11 292 6000 Fax: +27 11 292 6001 www.saxon.co.za
The Michelangelo Hotel 135 West Street Sandton Johannesburg 2196 Tel: + 27 11 282 700 Fax: +27 21 421 1036 www.michelangelo.tova.co.za
PRETORIA Morning Star Express Hotel 327 VisagieSt Pretoria 0001 Tel: +27 12 442 0600 Fax: +27 12 320 5868 www.morningstarexpresshotel.com Sheraton Pretoria 643 Cornerof StanzaBopape (Church) and WesselsSt Arcadia 0007 Tel: +27 12 42 99 999 Fax: +27 12 42 99 300 www.sheratonpretoria.com
Fiction DJ Bar and Lounge 226 Long St Central8001 Tel: +27 21 424 5709 www.fictionbar.co.za TjingTjing Rooftop Bar 165 Long Market St Central 8001 Tel: +27 21 422 4920 www.tjingtjing.co.za
JOHANNESBURG Taboo Night Club 24 Central, Corner of Fredman Drive and Gwen Lane Sandton 2196 Tel: +27 11 783 2200 www.taboo.co.za Beach Blanket Bohemia Sunninghill Village, Corner of Maxwell Drive and Edison Crescent Sandton 2196 Tel: +27 11 234 2714 www.beachblanketbohemia.co.za Bassline 10 Henry Nxumalo St Johannesburg 2001 Tel: +27 82 336 0880 www.bassline.co.za
NIGHTLIFE PRETORIA CAPE TOWN Hemisphere 31st Floor, Absa Centre,Riebeeck St Central 8001 Tel: +27 21 421 0581
Tiger Tiger Satdium on main, Main Road Claremont 7708 Tel: +27 21 683 2220 www.tigertiger.co.za
www.ebizguides.com
TY’s Nightclub Shop2, Menlyn Piazza Pretoria 0181 Tel: +27 82 601 6011 www.tysnightclub.co.za Moloko 525 Duncan St Pretoria 0001 Tel: +27 11 403 6500 Fax: +27 11 403 2930 www.moloko.co.za
157
Entertainment
Entertainment
Entertainment
BIBLIOGRAPHY Much of the information used within the book was gathered by our business journalists, who conducted research and interviews with prominent personalities within both the public and private sector in South Africa. The Government of South Africa, along with many of its government ministries and National Authorities, also provided us with a wealth of information. For more information about the interviews conducted in South Africa, please visit www.ebizguides.com
In addition to the information gathered in South Africa, the following sources were also used: www.wikipedia.com www.globalgourmet.com www.studylands.com www.wikitravel.com www.insideafricatours.com www.bdlive.co.m www.nationsencyclopedia.com/Africa/South-Africa-INDUSTRY www.southafrica.info/ www.ensafrica.com www.southafricaataglance.com www.pwc.co.za www.tourismtattler.com www.gcis.gov.za/content/resourcecentre/sa-info/yearbook2011-12 http://www.biltongmakers.com/biltong10_recipes0_quick.html 160
www.ebizguides.com