INTERNATIONAL RESIDENCY BUSINESS MEEETING BRIEFING PACKET SOUTH AFRICA MARCH 2011 Company or Institution Name Company Logo CITY OF CAPE TOWN: ECONOMIC DEVELOPMENT Website www.capetown.gov.za Industry Government Description City of Cape Town: Charged with promoting economic growth, job creation, reducing poverty and monitoring inequalities the Office of Economic and Human Development Department and Facilitation Branch facilitate and develop the city’s economy by encouraging the creation of a positive environment to do business, promote investment and support Cape Town’s priority economic sectors. Projects have included: In the 2006/2007 financial year the new Dreamworld Film Studio in Macassar, the upgrades to the Port of Cape Town, the Craft Production Cluster facility in Khayelitsha; a Call Centre Life Skills Assessment & Training Centre; and Women in ICT programme. In the lead up to the 2010 World Cup an office was established to build business and private-public partnerships to support the games as well as bring new business to the region. From informal trading to global company job creation. The City Office of Cape Town of Economic Development is a key player in understanding the changes businesses have seen and will see in the future. Speaker Mr. Emlyn Hammond, Coordinator for the Office of Economic Development Q & A: What are the primary reasons companies choose to locate in South Africa (and in Cape Town specifically)? What are the Challenges & Opportunities present in creating a strong infrastructure for business: Government, taxes, education, transportation, security, intellectual property/legal system, utilities, IT/Telecom services. Company or Institution Name Company Logo Centres 20: Football for Hope Website Multiple: Listed Below Industry Outreach/NGO Description 2010 World Cup legacy Football for Hope in Khayelitsha Africa's first Football for Hope centre, the first of 20 centres for education, public health and football that will be built across Africa as part of the 20 Centres for 2010 campaign, has opened its doors in Khayelitsha on the outskirts of Cape Town. Fifa President Sepp Blatter, Western Cape Premier Helen Zille, 2010 Organising Committee CEO Danny Jordaan, SA Football Association president Kirsten Nematandani and Cape Town Executive Mayor Dan Plato were present at the official opening of the centre on 5 December 2009. "With the opening of this Football for Hope Centre, we can now see the real legacy that the 2010 Fifa World Cup will leave in Africa," said Blatter. "This centre will use people's passion for football to transform communities and to provide hope and opportunities for young people. Many years from now, people will still be benefiting from this and the other 20 Centres for 2010." A partnership venture between Fifa and streetfootballworld, 20 Centres for 2010 is the official social responsibility campaign for the 2010 Fifa World Cup South Africa™. Urban regeneration Khayelitsha's Football for Hope Centre will form part of the city of Cape Town's regeneration programme for Khayelitsha, one of South Africa's biggest and poorest townships. The centre will tackle the problem of HIV/Aids in the community, and serve as a platform to improve education and health levels among young people, in addition to boasting an artificial football pitch. The centre will be run on behalf of Football for Hope by Grassroot Soccer, a non-profit organisation with a strong track record of HIV/Aids prevention in South Africa's Western Cape province 'Once a crime hot-spot' The area on which the centre was built is loaded with memories for local residents, and not necessarily good ones. Formerly an abandoned marshland, it was also the most dangerous part of the township. "Until now it was considered as a crime hot-spot, but now it's going to be seen as a place of activity that people will be able to benefit from," says the chairperson of the Khayelitsha Development Forum, Zamayedwa Sogayise, who along with many others did much to ensure the centre was built in precisely that location. Speaker FIFA: http://www.fifa.com/aboutfifa/worldwideprograms/20centres2010.html http://www.streetfootballworld.org/ AND http://www.grassrootsoccer.org/ Come prepared with: 1) A story of a business started with limited means which has grown to prominence (“the dream of entrepreneurship” – e.g. Gramine Bank, FedEX, Southwest Airlines…). The purpose of this is to help inspire students to help them think past today – to what tomorrow could be with preparation, education, and good health. 2) A simple guideline for helping inspire/ guide students to developing a business plan. A “worksheet” format to guide a 15-30 minute discussion. Please consider including subjects such as: a. Articulating Your Business Idea: Name for the product/service, Local or international product/service, Description of the product or service b. Understanding the Market & Demand for the Goods/Service: How is this need currently served?, Who are competitors (direct & indirect)? Is the market growing or changing? c. 4 Ps : Product (above), Price (to discuss), Place (distribution), Promotion (word of mouth, advertising, flyers?) Company or Institution Name Company Logo NEDERBURG Website Industry www.nederburg.co.za/ Vineyard Description Flanked by rolling lawns and giant old oak trees, the historic Manor House is a proud symbol of Nederburg’s enduring legacy. The land which was originally granted to a farmer named P B Wolvaart back in November 1791 measured 49 hectares and is situated in the district of Drakenstein (today known as Paarl) between the Palmiet and Berg Rivers. Philippus Wolvaart was a hard working farmer and used his 10 draught oxen and six horses to clear his land of bush. Once the land was cleared he started planting vines. The building of the Nederburg Manor house was a daunting task for Wolvaart as all the materials used in the construction had to be transported from Cape Town by cart, a trek that would have taken him two days to complete. Nothing seemed to faze Wolvaart and by 1808 he had 63000 vines planted and he was producing some 23280 litres of wine and 2328 litres of brandy per year on his farm. A remarkable feat considering that they had no technology in those days and everything had to be built or made by hand. Wolvaart eventually sold his farm to a Mr W P Retief in 1810 and thereafter the farm regularly changed hands until in 1937 the farm was purchased by a Mr J R G Graue. On taking ownership Johan Georg Graue got to work and soon pioneered new practices in wine-growing and winemaking that would change the face of the wine industry in South Africa. Soon the farm was winning awards for its wines which it still continues to do today. As with most things changes happened at Nederburg in 1953 when Günter Brözel who had studied at the Geisenheim Institute in Germany took over as the winemaker. He was inventive and soon had success with his wines when he became the first person in South Africa to win the International Wine & Spirits Competition Winemaker of the Year Award for his “Edelkeur Wine”. This noble late harvest wine was to become the benchmark against which the Cape’s famed dessert wines were measured. There was however a problem with “Edelkeur” as legislation in South Africa did not allow winemakers to make a natural table wine with a sugar content in excess of 20 grams per litre. To solve this problem Günter Brözel lobbied the authorities until such time as the law was changed. Being such a special wine “Edelkeur” was made in such small quantities that a single buyer could buy the whole consignment. This became a problem as Günter Brözel wanted his wine to be tasted by people all over South Africa and the world. To allow the wine to be distributed throughout South Africa the now famous Nederburg Wine auction was introduced where the wine would be sold to the trade and so be distributed throughout the world. The first auction was held in 1975 and has since become an annual event where buyers from all over the world attend to buy the special wines produced at the Cape. Since its early beginnings Nederburg has grown to be a giant in the wine industry of the Cape. It now has the capacity to process in excess 16000 tons of grapes per annum through its automated plant and produces hundreds of thousands of bottles of wine per annum. Nederburg also produces specialty wines from grapes grown in selected vineyards. The process of winemaking starts annually in early January when the harvest begins and grapes are delivered to the plant. As Nederburg is very small farm in terms of todays standards (49 hectares) most of the grapes used in making Nederburg wines are grown on a 975 hectare farm known as Papkuilsfontein in the Darling area. These grapes are transported to the farm where they are processed into some of the most extraordinary wines you can buy anywhere. Visiting the Nederburg farm and touring the cellars especially during the harvest period is extremely interesting as one can see the whole process which the grapes go through to become wine. Speaker Marketing –TBD Company or Institution Name Company Logo VODACOM Website www.vodacom.co.za Industry Telecommunications Description Vodacom is a leading African communications group providing mobile communications and related services to 37.8 million customers as at 31 December 2008. Its mobile network covers a total population of approximately 179 million people across five countries: South Africa, Tanzania, the DRC, Lesotho and Mozambique. Vodacom’s presence in Africa was strengthened with the acquisition of Gateway on 30 December 2008, which has customers in 40 countries in Africa, providing communications services to multi-national companies and telecommunications network operators. In addition, Vodafone has agreed to use Vodacom as its exclusive investment vehicle in sub- Saharan Africa. The Group provides a wide range of communications products and services, including but not limited to: voice, messaging, broadband and data connectivity and converged services. Vodacom SA is South Africa’s largest mobile communications network operator by number of customers and revenue. Vodacom also has the leading market position in Tanzania, the DRC and Lesotho and is nearing the market share of the largest and state-owned operator in Mozambique. Vodacom Business was launched in 2008 offering converged business network and IT services such as access services, managed network services, converged application services and managed hosting services. Following the acquisition of Gateway, Vodacom is well placed to achieve its strategy to become a leading total communications provider in sub-Saharan Africa. Speaker Belinda Williams (38) joined Vodacom in May 2008 as a contractor assisting Corporate Finance with Vodacom’s BEE public offer, YeboYethu. She is currently the Group Executive for Investor Relations. Belinda commenced her Investor Relations career at Telkom SA Limited (Telkom) in 2001 and worked in the Initial Public Offerings (IPO) project team until the listing of Telkom. Thereafter she was appointed as the executive for Investor Relations. In January 2005 she was appointed as a Group Executive and a member of the Executive Committee. In October 2006, Belinda joined Netcare Limited as the Investor Relations Executive. Prior to joining Telkom, she worked at UBS Warburg as the Technology, Media and Telecommunications (TMT) marketing securities analyst. Belinda is a Chartered Accountant and qualified with KPMG where she completed three years auditing articles and one year in TMT consulting in South Africa and the United Kingdom. Belinda was ranked the best Investor Relations Officer in 2010, 2005 and 2004 for the All Share Index Top 40 companies in South Africa. Belinda is married with two children and is passionate about hip hop dancing, travel and cuisine. Punit Sharma (35) joined Vodacom in May 2009 on a two year assignment from Vodafone Group Marketing - Partner Markets and within Vodacom currently Heads up the Vodafone Services Department. The team are responsible for three key areas 1)engagement and delivery of Vodafone Services into Vodacom, 2)development of Vodacom Marketing products and services and 3)Vodacom Experience Centre. In 1999 on the Motorola Graduate program, is where Punit began his career testing Network infrastructure equipment, in 2004 he was approached by Vodafone Group Technology and asked to join their Terminals test team in Dusseldorf, Germany. Here he took responsible for supporting and defining handset testing across the many Vodafone Operating Companies in Europe, Africa and Asia. Punit then moved to Vodafone Spain on an assignment to support the local team with optimization of their network. In 2007, Vodafone Group Marketing in London, brought Punit onboard to launch “Internet on your Mobile”, in particular Google Maps, MySpace and an eBay application across the Operating Companies. A year later, the Vodafone Group Marketing – Partner Markets team recruited him and made him responsible for the Africa region division specialist on consumer propositions. Punit is married with two children, listens to Drum and Bass and supports Tottenham Hotspurs. Company or Institution Name Company Logo NEDBANK Website www.nedbank.co.za Industry Banking & Finance Description Nedbank is one of the largest banks in South Africa, however it is one of the newest banks to be incorporated in South Africa. It is headquartered in Johannesburg. Nedbank is listed on the JSE Stock Exchange under the code NED. Market capitalization was R46.5bn as of 28 August 2006. Originally founded in 1888 in Amsterdam as the Nederlandsche Bank en Credietvereeniging ("Dutch Bank and Credit Union"). 18 years later, in 1906, the bank expanded and opened an office in London. The bank expanded to South Africa in 1951, incorporating as the Netherlands Bank of South Africa Limited. The amount of South African shareholders increased greatly, and in 1969 the company was 100 percent South African after the Bank Mees en Hope bought 20 percent of shares. In 1992, the name of the bank was changed to Nedcor Bank Limited, of which Nedbank became the largest division. In 1992, Syfrets, UAL, and Nedbank Investment Bank merge to become Nedcor Investment Bank (NIB). Old Mutual, Nedcor's holding company, was demutualised and listed on the London Stock Exchange in 1999. It became a constituent of the FTSE 100 Index. Nedbank acquired the Isle of Man and Jersey private banking business of Robert Fleming & Co in 2001. The new Nedcor Group was formed on 1 January 2003, combining Nedcor, BoE, Nedcor Investment Bank, and Cape of Good Hope Bank into one legal entity. The Nedcor Group was renamed the Nedbank Group on 6 May 2005. Nedbank headquarters are in Sandton, South Africa. In August 2009, Nedbank bought the remaining 49.9% of Imperial Bank, so Imperial Bank is now fully owned by Nedbank. Speaker Graeme Holmes - Head: Consumer Cards, Nedbank Card – South Africa Graeme has been with Nedbank over five years as Head of Consumer Cards. The portfolio includes Nedbank, American Express, SAA Voyager, the highly acclaimed Nedbank Greenbacks Credit Card, Debit Cards, Pre-Paid Cards, and a range of white label credit cards. Graeme has been in the payments industry for over eleven years and his experience includes various line management, specialist payment strategy and business development roles. He previously worked at Standard Bank, First National Bank and Deloitte where he qualified as a Chartered Accountant. He is married to Vivienne and they have three boys, James (15), Alex (11), and Cameron (6). They live on a country estate on the outskirts of Johannesburg. Apart from his work, he is passionate about reading, gardening, golf, eco-driving, and holidaying with his family. He is currently training for this third Comrades Marathon. Company or Institution Name Company Logo Pilanesberg Wildlife Trust Website http://www.pilanesbergwildlifetrust.co.za Industry Game Management Description Given the challenges surrounding the government funding for conservation areas, the Board established the Pilanesberg Wildlife Trust to fund raise and support conservation projects in and around the Park. One of the focus areas is to develop projects that have the potential to generate funds for the Trust in order to make it more sustainable. Trust Management: Representatives of the trust comprise of members from Park Management, North West Parks and Tourism Board, Community leaders, South African businesses and committed members of the public. Key Trust Objectives: Conservation of the beauty and the bio diversity of the Pilanesberg National Park; To provide education and skills development in surrounding communities through scholarships and bursaries for environmental conservation and eco-tourism studies; and To support social and economic upliftment in the related fields of nature conservation and tourism within the surrounding communities. Speaker Andrew Jackson CEO: Andrew was first employed in the Pilanesberg National Park, in 1994, initially as a Field Guide, then Senior Guide and finally Head Field Guide at Kwa Maritane Lodge where he remained till 2004. He then moved to Ivory Tree Game Lodge (Also within the Pilanesberg) first as Head Ranger, later occupying the position of General Manager till he left in 2008. During this time he conducted the Frog atlassing project for the Pilanesberg National Park, has participated in reptile research in Southern Africa including the implanting of transmitters into Mozambique Spitting Cobras, Puff Adders, Black Mambas and African Rock Pythons to facilitate monitoring and to ascertain spatial distribution, habitat choice and movement patterns of these & other “problem” snakes caught outside the park and introduced in the Park. Andrew has conducted all the Reptile Awareness courses for National Park and concession staff within the Pilanesberg and has hosted and participated in several National Geographic documentaries working with Brady Barr and Simon Boyce as well as having been the scientific advisor on many Animal Planet and Discovery Channel reptile documentaries. He is currently employed as the CEO of the Pilanesberg Wildlife Trust, a body dedicated to raising funds in support of conservation initiatives within the Pilanesberg National Park. For more information on the Pilanesberg Wildlife Trust please visit www.pwt.org.za. Andrew has a vast knowledge of all aspects of conservation especially within the Pilanesberg and has been actively involved in Wildlife Monitoring and Game Capture during his tenure. His long term interactions with the local communities, staff, guests and visitors to the park have equipped him well to share his vast experience with wider audience, which he does with gusto.