Economy of the KwaZulu Natal province brought to you by Conference Venues South Africa including KwaZulu Natal's Sugar Refining Industry, Aluminum-smelting plants, Tourism and Textile industry. |
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KwaZulu Natal Economy
Durban is a rapidly growing urban area and is by most measures the busiest port in Africa with a good rail network linking into Southern Africa. Sugar refining is the main industry. Sheep, cattle, dairy, citrus fruits, corn, sorghum, cotton, bananas, and pineapples are also raised. There is an embryonic KwaZulu-Natal wine industry. In addition to sugar refining, industries (located mainly in and around Durban) include textile, clothing, chemicals, rubber, fertilizer, paper, vehicle assembly and food-processing plants, tanneries, and oil refineries. There are large aluminum-smelting plants at Richards Bay, on the north coast. To the north of the province, Newcastle is the industrial powerhouse with Mittal Steel South Africa (previously ISPAT/ISCOR), and the Karbochem synthetic rubber plant, dominating the Newcastle industrial portfolio. In 2002, Newcastle became the largest producer of chrome chemicals in Africa with the completion of a chrome chemical plant, a joint venture project between Karbochem and German manufacturing giant Bayer. Other large operations include a diamond cutting works, various heavy engineering concerns,the Natal Portland Cement (NPC) slagment cement factory, and the Ingagane Power Station which was recomissioned as Africa's first Gas-fired Power Station by Independent Power Southern Africa (IPSA), which feeds the Karbochem Plant with electricity. The textile industry is a major employer in the Newcastle area with over a hundred textile factories belonging to Taiwanese and Chinese Industrialists. Maize, livestock and dairy farmers operate on the outskirts of the city. A considerable amount of coal mining is done in the Newcastle area. The province produces considerable amounts of coal (especially coke) and timber. About 82% of the population is black. During apartheid, a large percentage were forced to live in Bantu homelands (Bantustans), which had a subsistence economy based on cattle raising and corn growing. Wildlife and tourism is increasingly important to the economy of KwaZulu-Natal. Tourists pay up to $10,000 for safaris on which they might see lions, elephants and giraffes.
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