Presentation to Consulting Engineers South Africa (CESA) Venue: Leopard Park Golf Club Date: 21 June 2012 By: Mike Mthimunye Acting CEO North West Development Corporation
NORTH WEST PROVINCE AT A GLANCE: QUICK FACTS NORTH WEST PROVINCE AT A GLANCE: QUICK FACTS Area Population Capital Premier 116 320 km² - 9.7% of South Africa 3 464 953 7.1% of South Africa Mahikeng Honorable Thandi Modise Legislature 33 Members (ANC 27) Real GDP 2010 R1 834 292 021(2005 constant Prices) Avg annual growth in real GDP 2010 2.8% Contribution to national GDP 2010 6.5% GDP per capita 2010 R37 604 Labour force Economically Active Population (% of total population) 1.147million 33.1% Unemployment rate 24.2% People living in poverty 47.6% Literacy rate 66.7% Rainfall Principal Languages Major Cities and Towns Airports Infrastructure 400 700 mm per annum Setswana, English, Afrikaans Rustenburg, Brits, Mahikeng, Tlokwe, Matlosana and Vryburg Mahikeng and Pilanesberg Extensive road, rail and air network Water Electricity Telecommunications Residential & commercial space Health care Higher educational facilities Convention and exhibition venues
NORTH WEST PROVINCE AT A GLANCE LABOUR LABOUR PROFILE FORMAL EMPLOYMENT - 2009 Households, 11.0% Agriculture, 8.87% Community services, 21.8% Mining, 28.7% Finance, 5.0% Transport, 2.9% Trade, 12.9% Manufacturing, 5.2% Electricity, 0.5% Construction, 3.1% Source: IHS Global Insight Regional explorer version 491
NORTH WEST PROVINCE AT A GLANCE MINING Mining accounts for: 38.4% of economic activity in the Province 28.7% of labour force There are 87 large active mines currently, contributing: 64% of South Africa s platinum; 32% of South Africa s chromite; 25% of South Africa s gold; and 46% of South Africa s granite Mineral Endowments of the North West province Vanadium Chrome Fluor Spar Attapulgate Silica Manganese Marble PGM Gold Diamonds Granite Limestone Slate
WHY NORTH WEST PROVINCE: EASY ACCESS TO MARKETS CONGO DEMOCRATIC REPUBLIC OF CONGO RWANDA BURUNDI TANZANIA KENYA Σ The SADC FTA signed in August 2008 provides access to a market of over 250 million Σ Σ consumers Α Σ ANGLOA Σ ZAMBIA MALAWI Σ Σ Future FTA with SADC,COMESA & EAC will provide access to a market of over 700 million consumers NAMIBIA ZIMBABWE Bordering Botswana, the NWP is ideally BOTSWANA positioned to access the 14 countries comprising the Southern African Development Σ SOUTH AFRICA Community (SADC Available distribution channels imperative for commercial ventures into Africa
Investment Opportunities Mining & Mineral Beneficiation MINING SUPPLIER PARK (MSP) - RUSTENBURG Strengthening backward linkages (Mining supplier programmes) Processing and beneficiation of mining products
Investment Opportunities - Infrastructure PC Pelser Airport, Klerksdorp, City of Matlosana, North West
Investment Opportunities - Infrastructure Proposed N12 Development Corridor The City of Matlosana Local Municipality is currently in the process of approving mixed land use developments along the N12 corridor, to the east and south of Klerksdorp.
Investment Opportunities - Infrastructure MOGALE CITY RUSTENBURG CORRIDOR DEVELOPMENT FRAMEWORK The proposed Development Corridor aligns with the R24 route from Mogale City to Rustenburg, incorporating the areas adjacent to this route and the existing four Nodes, namely: Krugersdorp Multi-economic Activity Node Tarlton Agricultural Node/Hub Magalies Tourism Node Rustenburg Multi-economic Activity Node
Access To Finance TYPES OF FUNDING Start-up funds General finance programme Bridging finance programme
Capital Interest Start up : Prime Bank Rate 2 General : Prime Bank Rate 2 Bridging : Free capital interest for the first six months, thereafter PBR will apply. The loans range between R1000 & R1 000 000, depending on the value of the project.
Business Support Services Provision of suitable training to staff and clients. Assisting clients in finding suitable markets for products and services. To provide a professional after-care service. Provision of professional advice, information. Counseling and consultation to clients.
Business Support Services To assist viable businesses experiencing problems. To create a useable data-bank of relevant, commercial and industrial information. To proactively identify franchising opportunities and to provide franchising advice. To proactively attempt to link small business with big business, parastatals and other major institutions (public private)
For More Information Kindly contact one of our friendly and professional SBD Fund Administrators Ngaka Modiri Molema Keo Twala 018-381 3663/4 Moretele/Odi/Brits Brian Nkhumeleni 012-719 8670 Dr Kenneth Kaunda Vincent Motabogi 084 601 0442 Dr Ruth Mompati Neo Rampagane 053-994 1709 Bojanala Moss Sereme 014 597 3405
Contact Details INW Office Tel: +27 14 594-2570 Fax: +27 14 594-2575 Website: www.inw.org.za Officials Annemarie Marx Communications Imraan Bakhas Aftercare Hantie Hoogkamer Research Lovemore Makunike Projects Saminathan Mudramuthoo - Marketing