• Investment Opportunities

Investing in KwaZulu-Natal

South Africa improves its global competitiveness ranking to 50th in the World Economic Forum’s Global Competitiveness Report for the year 2011/12, after slipping to 54th in 2010 / 2011. In 2012/2013, the country maintained it’s position as the best place in the world to get business credit. It was also the 10th best country in investor protection.

The country’s strengths lie in its outstanding performance in financial market development, the accountability of private institutions and the effectiveness of its competition policies. The World Bank’s Doing Business Report 2012 has also set the country’s rankings to 35th from a revised 36th in 2011. The best improvement was recorded with regard to the ease of starting a business, a result of the introduction of the new Companies Act which has simplified the company registration procedure.

The province also boasts:

• A large labour pool;
• Diverse cultures;
• The ideal position to be the trade gateway to Africa;
• Highly competitive land and building costs;
• World-class transport and tele-communications infrastructure; and
• Advocacy and lobbying for investor incentives; and
• An idyllic climate and lifestyle.