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for-rent-advert_mogwase

NWDC has three large retail shops available to let in the Mogwase Shopping Complex.

The Mogwase Shopping complex is situated in the centre of Mogwase, in close proximity to municipal offices, magistrate’s court, the police station and public transport, and merely 17 kilometres from the Sun City Complex.

The available retail spaces are:

  • Shop number 7.  Size:  679m² @R52.33/m²   (Ideal for sports betting or a fitness studio/gym )
  • Shop number 6.  Size:  256m²  @ R63.68/m²
  • Shop number 8a. Size:  311m² @ R48.26/m²   (Ideally situated for a bank or financial institution)

 

Rental prices indicated above exclude VAT.

Rental enquiries:

Queen Kgetsi

082 908 4658

014 555 7890

queenk@nwdc.co.za


world-econ-forum-global-competitiveness-report

The latest edition of the Global Competitiveness Report (2016- 201) has been released by the World Economic Forum.

This report is used globally by industry leaders and companies considering investment destinations.

The Global Competitiveness Report 2016 – 2017 by the World Economic Forum (WEF) assesses the competitiveness of 138 economies, providing insight into the drivers of their  productivity and prosperity by measuring over 100 indicators.

South Africa ranked no 56 in 2014,  and improved with nine positions to 47 in 2016.

 

The summary of South Africa is on page 325 of the report.

Here are the highlights of South Africa including the following positive rankings:

  • Strength of auditing and reporting standards (1st )
  • Protection of minority shareholders interest (1st ),
  • Efficacy of corporate boards (3rd ),
  • Financing through local equity market (1st ),
  • Financial services meeting business needs (2nd )
  • Soundness of Banks (2nd)
  • Regulation of securities exchange (3rd),
  • Effectiveness of anti-monopoly policy (7th),
  • Efficiency of legal framework in settling disputes (9th)
  • Quality of air infrastructure transport (10th)
  • Ease of access to loans (12th)
  • Judicial independence (16th)
  • Extent of Marketing (16th)
  • Quality of management schools (21st)
  • Internet bandwidth (21st).

 

South African points for improvement include:

  • Cooperation in labour-employer relationships (138th )
  • Quality of maths and science education (138th )
  • Tuberculosis incidence (137th )
  • HIV prevalence (135th )
  • Flexibility of wage determination (135th )
  • Hiring and firing practices (135th )
  • Quality of Education system (134th )
  • Business cost of crime (133rd  )

 

DOWNLOAD THE FULL GLOBAL COMPETITIVENESS REPORT HERE


NWDC Media Briefing on Christiana2

The Chairperson of the NWDC Board of Directors, Mr Bheki Khumalo  addressed  the media on the Christiana Hotel and Game Farm.  This was done during a media  briefing held at the NWDC Regional Offices in Mahikeng on 25 November.

Said Bheki Khumalo: “The North West Provincial government in line with its focus on villages, townships and small dorpies (VTSD) and the sectors of agriculture, culture and tourism (ACT) identified the resort as an integral asset for the growth of the area and thus mandated the NWDC to bid for the property.”

“The Christiana hotel has in the meantime been upgraded and is being maintained, and its 46 suites, which include 12 standard rooms, 16 luxury rooms, 5 executive rooms and 13 superior family suites are ready for occupation. The resort further has a functional restaurant and conference centre, while minor upgraders to the three outdoor swimming pools, indoor pool and theatre are being carried out.”
“We are proud to announce that the Christiana Hotel resort is open to both business and leisure travelers and is accepting bookings and generating revenue.”

During the briefing session Mr Khumalo refuted earlier accusations made in the media regarding the purchase and allegations regarding game.

“The NWDC, through its Chairperson of the Board, Mr Khumalo, now clearly states that during the time of the auction, the white lions and rhinos referred to were not included in the auction list; as they were not part of the game farm by the time of the auction.

*Download the full media statement
*Download the Fact Sheet on the Christiana Hotel and Game Farm

 

NWDC Media Briefing on Christiana_smaller for web

 


schweizerreneke_map

The Mamusa Local Municipality, within the Dr Ruth Segomotsi Mompati District  in the North West province offers a number of investment opportunies.  The municipality comprises the towns Schweizer-Reneke and Amalia.

The types of economic activities include  agriculture, development of a mall, fuel stations, manufacturing and agri-processing.

Schweizer-Reneke has the potential to accommodate additional trade space between 2 000m2 and 15 000m2  over the next 15 to 20 years. Trade types include wholesale and retail trade, catering and accommodation as well as automotive trade.

There are three options offered by the municipality for land distribution, namely:  public private partnerships (PPP), leasing, or buying. The municipality invites formal letters of request accompanied by a formal proposal.

Click here for full detail on the available opportunities in industrial, retail and residential

Interested parties are invited to contact the NWDC’s investment office on 014 594 2570. Ask to speak with Mr Lovemore Makunike.

Schweizer Reneke locomotive_ Jacque Wepener Jun 2012

Schweizer Reneke locomotive_Author Jacque Wepener Jun 2012

 


CEO and CFO small.

The Board of NWDC has appointed Mr Lemogang Moletsane as the Interim CEO and Mr Bafana Mabale as the interim CFO for the NWDC,  effective immediately.

This interim arrangement will remain in place for the duration of time that the current CEO and CFO are on leave. (more…)





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