http://www.safstudio.com/SAFS_FLASH/index-4.html
I actually thought this project could be a catalyst for new movies being filmed in SA. Their website provides a little more insight into the development.
Under "SAFS TV" check out the video they (poorly) produced titled "MAKE A DIFFERENCE". It looks like they want to keep it all VERY conservative... probably not going to land much business.
And for only $7.50 (+ $5.00 parking) you can visit the (unbuilt) studios! lol