Limpopo Province is one of South Africa’s nine Provinces, located in the northern tip of the country bordering three other countries, Botswana in the west, Mozambique in the east and Zimbabwe in the north. The Province provides easy access to Sub-Saharan Africa (SSA) and the South African
Development Community (SADC) of 330 million people. Limpopo Province contributes 7.2% to the Gross Domestic Product (South Africa in 2015) and has major economic activities in various sectors including agriculture, mining and tourism. The mining sector accounts for the biggest contribution to the provincial economy at 24.1% in 2015 and makes more than 23% of South Africa’s (national) output. Limpopo Development Plan (LDP) identified considerable potential and growth prospects in agribusiness, mineral beneficiation, the green energy, ecotourism, hospitality, game, and livestock farming.
The Province has five municipal districts, Capricorn District; Mopani District; Sekhukhune District; Vhembe District and Waterberg District Municipalities. The Province has three major Government Owned Agencies for economic development, Limpopo Economic Development Agency (LEDA), Limpopo Gambling Board (LGB) and Limpopo Tourism Agency (LTA).
Some of the national economic development agencies are represented in the Province through regional offices such as the Industrial Development Corporation (IDC), National Empowerment Fund (NEF), Small Business Development Agency (SEDA), Statistics South Africa (StatsSA) and State Information Technology Agency (SITA). Mining output includes iron ore, coal, copper, phosphates and importantly, platinum group metals (PGMs)
Why Invest in Limpopo
Political and social stability
- A dynamic market economy with a sustained economic growth
- Advantages of the geographic location, bordering Botswana, Zimbabwe and Mozambique
- Development infrastructure: Trans-Limpopo Corridor which links the Province with the commercial hub of Johannesburg and the Polokwane International Airport
- The cost of doing business in Limpopo is favourable
- World class telecommunication and banking sector