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“Keep your love of nature, for that is the true way to understand art better.”

VINCENT VAN GOGH

ENJOY CHAMPAGNE LAURENT-PERRIER RESPONSIBLY. United Kingdom IC Publications, 7 Coldbath Square, London EC1R 4LQ Tel: +44 20 7841 3210 Fax: Admin +44 20 7713 7898 Editorial: +44 20 20 7841 3211 icpubs@africasia.com www.africasia.com France IC Publications, 609 BAT A, 77 RUE BAYEN, 75017 PARIS Tel: +33 1 44 30 81 00 Fax: +33 1 44 30 81 11 info@icpublications.com www.icpublications.com Group Publisher Afif Ben Yedder Directeur de la publication Editor Anver Versi a.versi@africasia.com Art Director Jason Venkatasamy jason@africasia.com Asociate Editors Tom Nevin Stéphane Vigouroux Gérard Choisnet Ridha Kefi Hichem Ben Yaiche Fériel Berraies Guigny Corespondentat-large Stephen Williams Editorial Asistant Carole Lambert Corespondents in Africa Barnabas Thondlana Leo Odera Omolo Blamuel Njururi Herald Tagama Pini Jason John Ansah Derek Otieno Chris Ndivanga Masupu Rakabane Special Corespondents Moin Siddiqi Dr Karamo Sonko Neil Ford Pini Jason Eluem Izezi Subscriptions: IC Publications PO Box 2068 Bushy, Herts, WD23 3ZF Telephone: +44 20 8950 9117 Fax: +44 20 8421 8155 icpublications@alliancemedia.com www.africasia.com/subs See page 47 for subscription offer detailsPublisher Omar Ben Yedder o.benyedder@africasia.com Group Sales Director Leila Ben Hassen l.benhassen@africasia.com Development Director Patricia Bonnin Advertising Sales Directors Saliba Manneh Nick Rosefield Medrine Chitty Arthur Jones Tibor Fuchsel Elisée Marie Ndiana Matthew Ghana Ofice: Nana Asiamah Bekoe KwabuSekyere Enterprise Tel: +233 21 258058 Mobile: +233 20 815 3431, +233 244 788 450 nanakwabu@yahoo.com GHANA – SPECIAL PROJECTS Silvia Salvetti Tel: +233 24 910 5995 top@topreports.org

SENEGAL OFFICE Nathalie Desanti-Tounkara n.desanti@africasia.com Mobile: +22176 51 51265 MARKETING & Distribution Malek Bey Santosh Jairajh IC EVENTS EVENTS DIRECTOR Richard Oban DEVELOPMENT Manager Anna Rosenberg Production Manager Michael Messam Printers Headley Brothers Ltd, The Invicta Press, Queens Road, Ashford, Kent TN24 8HH All pictures AFP unless indicated. Registered with the British Library. ISSN 0141-3929 ©2009 IC Publications Ltd

Member of The Audit Bureau of Circulations

N° DE COMMISSION PARITAIRE 0310 K 89343 Mensuel: Décembre 2009 Dépôt légal

African Business December 2009

12 Cover Story The land concessionsContents

32 Special Country Report South Africa – Ready for the global spotlight

Editorial 11 The nation as a company

Cover Story The land concessions A boon or curse for Africa? 14 Exploitation or salvation? 18 Farmland – the new gold 22 No sovereignty without food security

Cityview 26 Economy not out of the woods yet

Letter from East Africa 28 How tourism creates jobs

Special Country Report South Africa –  Ready for the global spotlight 33 Strong signs of recovery 34 Pretoria looks east 36 Zuma’s year of high drama 40 Push to cut mobile rates 42 Interpreting South Africa 44 Return of Parreira

ignites World Cup hope

56 Special Report Transport & Logistics

Energy 48 A Christmas gift for Nigerians?

Commodities 50 Tea, coffee, cocoa hit record highs 52 Gold fever

Telecoms 54 KenCall leads call-centre charge

Special Report Transport & Logistics 58 Surge in new transport

investment 64 Intra-Africa trade is the key 66 Direct US-Kenya flights begin 67 Mixed outlook for shipping

Countryfile 68 Nigeria: Be patriotic – buy Nigerian 70 Kenya: Looking to Eastern

Europe for exports rise 71 Malawi: Cotton price impasse

Reviews Book/Music 72 Sugar – A Bittersweet History 74 Nha Sentimento