Find a detailed industry analysis, an in-depth review of a market state, expert views, a discussion of the competitive landscape, and much more in each of market research reports on South Africa available in our online store.
South Africa: an economic profile
South Africa is one of the world’s few countries to split the role of capital between 3 cities. The official capital, Pretoria, enjoys a population of 1 million. Cape Town serves as the legislative capital with a population of 2.9 million whilst the judiciary is based in the smaller Bloemfontain with only 370,000 residents. The largest city, though, by far is Jonnasburg with 3.2 million people. The country’s total population is 49 million. It is a parliamentary democracy with powers split between President and Parliament. The present President is Jacob Zuma.
Economic background
South Africa had a GDP of USD 578.6 billion as of 2012 and a growth rate of 2.6% – a figure lower that during 1993-2007 when the economy grew for 62 consecutive quarters at a level of around 5% on average. It was hit badly by the crisis of 2008-2009, with growth slowing to around 3%. However, it is still regarded as one of the world’s most important emerging economies, and in 2011, it joined Russia, Brazil, China, and India to become known as the BRIC economies of emerging nations. It has an inflation rate of around 5%, but its unemployment rate is extremely high – around 25%. The government has poured a lot of money in infrastructure, and this combined with the sound legal framework makes it a trusted country for investment. Its top export partners are China, the USA, Japan, Germany and the UK, whilst it imports from the USA, China, Germany, Japan, India, Saudi Arabia, and the UK.
Industrial Analysis
The country has a widely spread industrial base with income generated as follows: agriculture – 2.2%, mining – 10%, manufacturing – around 12.5 %, electricity and water – nearly 2.5%, construction – just under 4%, wholesale retail and motor trade – just over 16%, transport storage and communications – 9%, finance real estate and business services – over 21%, government services – 6.7%, and personal services – close to 6%.
Mining
South Africa is deemed to have the world’s 5th largest mining reserves valued at some USD 2.5 trillion. It has a long history of mineral and metal extraction. Deposits include: platinum, manganese, chromite ore, gold, diamonds, and vanadium.
Gold accounts for one third of the country's exports. The country is also the fourth largest diamond producer in the world. The mining sector generates half of the nation’s foreign exchange. Companies like Exxaro, De Beers, and Anglo American Corporation are recognised as having world class technical expertise. 42% of companies quoted on the Johannesburg stock exchange are mining related. The government is trying to develop downstream industries which add value to the raw material rather than just exporting the raw product. The industry has been suffering recently from a range of industrial relations problems with strikes hitting the gold fields.
Automotive industry
Multinationals from all over the world use South Africa to create components and assemble vehicles because of its low production costs and access to new markets. Companies with manufacturing bases in the Republic comprise BMW, GM, Ford, Toyota, Nissan, Mercedes Benz, Renault, and Volkswagen.
The sector contributes 6% of GDP and 12% of manufacturing exports. 28,000 people are employed directly in the industry, with 61,000 being engaged in component construction. It is based in the Eastern Cape and Gauteng. The Government implemented a plan – "Automotive Development and Production Plan" – aimed to expand production to 1.2 million vehicles by 2020.
Tourism
Tourism is recognised by the government as a key industrial sector. The wonderful natural resources of the country have been enhanced by strategic think as to how they can be used to build the economy. In 2009, it contributed 7.9% to GDP, and it currently supports one in twelve jobs in the economy. The sector was given a tremendous boost in 2010 when the country staged the football World Cup and attracted 8.1 million visitors. This grew to 8.3 million in 2011. No fragment of the tourism market has been neglected. Business tourism has been an expanding area with the country having over 1000 conference and exhibition centers. However, the country also promotes eco tourism, paleo tourism and sports and adventure tourism.
Electronics
Electronics together with transport and storage account for 10% of GDP. It is one of the swiftest growing areas of the economy mainly based around mobile telephony. Its telephone network is 99.9% digital which is the most developed in Africa. It is a world leader in prepayment and fraud prevention systems. Multinational companies with subsidiaries in South Africa include: IBM, Unisys, Microsoft, Intel, Dell, and Compaq.
In conclusion, most research reports see South Africa as an expanding economy with growth in a variety of sectors. It is moving away from reliance on mineral wealth by using the income produced from these industries to diversify its economic base. Multinational companies have not been slow to recognise it as a sound centre from which to develop the expanding African market for a range of products.
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Construction Site Supplies Market in South Africa: Business Report 2024
US$ 1,160.00
... of construction site supplies market in the country. It identifies key market players, including major producers, wholesalers and distributing companies. The third chapter is fully devoted to South Africa’s construction site supplies foreign ...
September 2024
70 pages
South Africa: Country Business Profile 2024
US$ 300.00
... to catch the maximum commercial opportunities in dealing with business partners in this country. Please note that South Africa: Country Business Profile 2019 is a half ready publication. It only requires ...
September 2024
50 pages
Canned Vegetables and Mushrooms Market in South Africa: Business Report 2024
US$ 1,160.00
... . The report includes detailed analyses of canned vegetables and mushrooms market in South Africa, information on major producers, distributing companies ... our Clients with a clear understanding of canned vegetables and mushrooms market in South Africa. Scope South Africa PESTEL gives an overview of diverse ...
September 2024
70 pages
Fresh Berries Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of fresh berries market in South Africa, information on major producers, distributing companies, and ... provides our Clients with a clear understanding of fresh berries market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro-environmental ...
September 2024
43 pages
Fresh Fruit Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of fresh fruit market in South Africa, information on major producers, distributing companies, and ... provides our Clients with a clear understanding of fresh fruit market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro-environmental ...
September 2024
70 pages
Fresh Vegetables Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of fresh vegetables market in South Africa, information on major producers, distributing companies, ... provides our Clients with a clear understanding of fresh vegetables market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro- ...
September 2024
70 pages
Grains Market in South Africa: Business Report 2024
US$ 1,160.00
... accessed format. The report includes detailed analyses of grains market in South Africa, information on major producers, distributing companies, and ... provides our Clients with a clear understanding of grains market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro-environmental ...
September 2024
89 pages
Nuts and Kernels Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of nuts and kernels market in South Africa, information on major producers, distributing companies, ... provides our Clients with a clear understanding of nuts and kernels market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro- ...
September 2024
70 pages
Oil Seeds Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of oil seeds market in South Africa, information on major producers, distributing companies, and ... provides our Clients with a clear understanding of oil seeds market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro-environmental ...
September 2024
70 pages
Animal Feed Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of animal feed market in South Africa, information on major producers, distributing companies, and ... provides our Clients with a clear understanding of animal feed market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro-environmental ...
September 2024
80 pages
Cigarettes and Cigars Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of cigarettes and cigars market in South Africa, information on major producers, distributing companies, ... provides our Clients with a clear understanding of cigarettes and cigars market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro- ...
September 2024
70 pages
Fish and Seafood Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of fish and seafood market in South Africa, information on major producers, distributing companies, ... provides our Clients with a clear understanding of fish and seafood market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro- ...
September 2024
74 pages
Fruit Seedlings, Vegetable and Forage Seeds Market in South Africa: Business Report 2024
US$ 1,160.00
... The report includes detailed analyses of fruit seedlings, vegetable and forage seeds market in South Africa, information on major producers, distributing ... Clients with a clear understanding of fruit seedlings, vegetable and forage seeds market in South Africa. Scope South Africa PESTEL gives an overview of ...
September 2024
70 pages
Meat and Poultry Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of meat and poultry market in South Africa, information on major producers, distributing companies, ... provides our Clients with a clear understanding of meat and poultry market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro- ...
September 2024
125 pages
Plant Oil Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of plant oil market in South Africa, information on major producers, distributing companies, and ... provides our Clients with a clear understanding of plant oil market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro-environmental ...
September 2024
70 pages
Poultry and Livestock Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of poultry and livestock market in South Africa, information on major producers, distributing companies, ... provides our Clients with a clear understanding of poultry and livestock market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro- ...
September 2024
70 pages
Spices Market in South Africa: Business Report 2024
US$ 1,160.00
... accessed format. The report includes detailed analyses of spices market in South Africa, information on major producers, distributing companies, and ... provides our Clients with a clear understanding of spices market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro-environmental ...
September 2024
70 pages
Tea Market in South Africa: Business Report 2024
US$ 1,160.00
... accessed format. The report includes detailed analyses of tea market in South Africa, information on major producers, distributing companies, and ... This provides our Clients with a clear understanding of tea market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro-environmental ...
September 2024
70 pages
Agricultural and Gardening Tools Market in South Africa: Business Report 2024
US$ 1,160.00
... . The report includes detailed analyses of agricultural and gardening tools market in South Africa, information on major producers, distributing companies ... our Clients with a clear understanding of agricultural and gardening tools market in South Africa. Scope South Africa PESTEL gives an overview of diverse ...
September 2024
115 pages
Agrochemicals and Pesticides Market in South Africa: Business Report 2024
US$ 1,160.00
... . The report includes detailed analyses of agrochemicals and pesticides market in South Africa, information on major producers, distributing companies ... our Clients with a clear understanding of agrochemicals and pesticides market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro ...
September 2024
79 pages
Animal Husbandry Equipment Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of animal husbandry equipment market in South Africa, information on major producers, distributing companies, ... our Clients with a clear understanding of animal husbandry equipment market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro- ...
September 2024
70 pages
Farm Machinery Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of farm machinery market in South Africa, information on major producers, distributing companies, ... provides our Clients with a clear understanding of farm machinery market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro-environmental ...
September 2024
70 pages
Flower Market in South Africa: Business Report 2024
US$ 1,160.00
... accessed format. The report includes detailed analyses of flower market in South Africa, information on major producers, distributing companies, and ... provides our Clients with a clear understanding of flower market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro-environmental ...
September 2024
70 pages
House and Outdoor Plants Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of house and outdoor plants market in South Africa, information on major producers, distributing companies, ... our Clients with a clear understanding of house and outdoor plants market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro- ...
September 2024
70 pages
Mineral Fertilizers Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of mineral fertilizers market in South Africa, information on major producers, distributing companies, ... provides our Clients with a clear understanding of mineral fertilizers market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro- ...
September 2024
70 pages
Organic Fertilizers Market in South Africa: Business Report 2024
US$ 1,160.00
... format. The report includes detailed analyses of organic fertilizers market in South Africa, information on major producers, distributing companies, ... provides our Clients with a clear understanding of organic fertilizers market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro- ...
September 2024
70 pages
Coffee Market in South Africa: Business Report 2024
US$ 1,160.00
... accessed format. The report includes detailed analyses of coffee market in South Africa, information on major producers, distributing companies, and ... provides our Clients with a clear understanding of coffee market in South Africa. Scope South Africa PESTEL gives an overview of diverse macro-environmental ...
September 2024
70 pages
Inorganic Acid Market in South Africa: Business Report 2024
US$ 1,160.00
... a comprehensive research of inorganic acid market in South Africa. The report starts with giving brief country profile for South Africa, including general information ... companies. The third chapter is fully devoted to South Africa inorganic acid market foreign trade. It evaluates volumes and dynamics of imports ...
September 2024
70 pages
Manganese Oxides Market in South Africa: Business Report 2024
US$ 1,160.00
... a comprehensive research of manganese oxides market in South Africa. The report starts with giving brief country profile for South Africa, including general information ... companies. The third chapter is fully devoted to South Africa manganese oxides market foreign trade. It evaluates volumes and dynamics of ...
September 2024
70 pages
Nitrites and Nitrates Market in South Africa: Business Report 2024
US$ 1,160.00
... comprehensive research of nitrites and nitrates market in South Africa. The report starts with giving brief country profile for South Africa, including general information ... . The third chapter is fully devoted to South Africa nitrites and nitrates market foreign trade. It evaluates volumes and dynamics ...
September 2024
70 pages
Sublimed Sulphur Market in South Africa: Business Report 2024
US$ 1,160.00
... a comprehensive research of sublimed sulphur market in South Africa. The report starts with giving brief country profile for South Africa, including general information ... companies. The third chapter is fully devoted to South Africa sublimed sulphur market foreign trade. It evaluates volumes and dynamics of ...
September 2024
70 pages
Sulphates Market in South Africa: Business Report 2024
US$ 1,160.00
... a comprehensive research of sulphates market in South Africa. The report starts with giving brief country profile for South Africa, including general information ... companies. The third chapter is fully devoted to South Africa sulphates market foreign trade. It evaluates volumes and dynamics of imports ...
September 2024
70 pages
Titanium Dioxide Market in South Africa: Business Report 2024
US$ 1,160.00
... a comprehensive research of titanium dioxide market in South Africa. The report starts with giving brief country profile for South Africa, including general information ... companies. The third chapter is fully devoted to South Africa titanium dioxide market foreign trade. It evaluates volumes and dynamics of ...
September 2024
70 pages
Aldehyde and Ketone Market in South Africa: Business Report 2024
US$ 1,160.00
... comprehensive research of aldehyde and ketone market in South Africa. The report starts with giving brief country profile for South Africa, including general information ... companies. The third chapter is fully devoted to South Africa aldehyde and ketone market foreign trade. It evaluates volumes and dynamics of ...
September 2024
70 pages
Formaldehyde Market in South Africa: Business Report 2024
US$ 1,160.00
... a comprehensive research of formaldehyde market in South Africa. The report starts with giving brief country profile for South Africa, including general information ... companies. The third chapter is fully devoted to South Africa formaldehyde market foreign trade. It evaluates volumes and dynamics of imports ...
September 2024
65 pages