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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South Africa: Live Poultry Industry
US$ 2,499.00
This report presents a comprehensive overview of the live poultry industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the industry, i...
November 2020
100 pages
South Africa: Live Rabbits and Hares Market
US$ 1,499.00
This report presents a comprehensive overview of the live rabbits and hares market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the mar...
November 2020
100 pages
South Africa: Live Sheep Market
US$ 1,499.00
This report presents a comprehensive overview of the live sheep market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dyn...
November 2020
100 pages
South Africa: Live Turkeys Market
US$ 1,499.00
This report presents a comprehensive overview of the live turkeys market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its d...
November 2020
100 pages
South Africa: Lobsters Market
US$ 1,499.00
This report presents a comprehensive overview of the lobsters market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynam...
November 2020
100 pages
South Africa: Lupins Market
US$ 1,499.00
This report presents a comprehensive overview of the lupins market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynamic...
November 2020
100 pages
South Africa: Mackerel Market
US$ 1,499.00
This report presents a comprehensive overview of the mackerel market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynam...
November 2020
100 pages
South Africa: Mangoes, Mangosteens, and Guavas Market
US$ 1,499.00
This report presents a comprehensive overview of the mangoes, mangosteens, and guavas market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis...
November 2020
100 pages
South Africa: Manila Fibre Market
US$ 1,499.00
This report presents a comprehensive overview of the Manila fibre market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its d...
November 2020
100 pages
South Africa: Market of Anise, Badian, Fennel and Coriander
US$ 1,499.00
This report presents a comprehensive overview of the anise, badian, fennel and coriander market in South Africa and a forecast for its development in the next five years. It provides a detailed analys...
November 2020
100 pages
South Africa: Market of Cabbages and Other Brassicas
US$ 1,499.00
This report presents a comprehensive overview of the cabbages and other brassicas market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of t...
November 2020
100 pages
South Africa: Mechanical Wood Pulp Market
US$ 1,499.00
This report presents a comprehensive overview of the mechanical wood pulp market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the marke...
November 2020
100 pages
South Africa: Melons Market
US$ 1,499.00
This report presents a comprehensive overview of the melons market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynamic...
November 2020
100 pages
South Africa: Melons and Watermelons Industry
US$ 2,499.00
This report presents a comprehensive overview of the melons and watermelons industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the i...
November 2020
100 pages
South Africa: Melonseed Market
US$ 1,499.00
This report presents a comprehensive overview of the melonseed market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dyna...
November 2020
100 pages
South Africa: Millet Market
US$ 1,499.00
This report presents a comprehensive overview of the millet market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynamic...
November 2020
100 pages
South Africa: Molluscs Industry
US$ 2,499.00
This report presents a comprehensive overview of the molluscs industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the industry, its d...
November 2020
100 pages
South Africa: Monoammonium Phosphate (MAP) Market
US$ 1,499.00
This report presents a comprehensive overview of the monoammonium phosphate (MAP) market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of t...
November 2020
100 pages
South Africa: Mule Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the mule meat market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dyna...
November 2020
100 pages
South Africa: Mushrooms and Truffles Market
US$ 1,499.00
This report presents a comprehensive overview of the mushrooms and truffles market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the mar...
November 2020
100 pages
South Africa: Mussels Market
US$ 1,499.00
This report presents a comprehensive overview of the mussels market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynami...
November 2020
100 pages
South Africa: Mustard Seed Market
US$ 1,499.00
This report presents a comprehensive overview of the mustard seed market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its d...
November 2020
100 pages
South Africa: Natural Gums Market
US$ 1,499.00
This report presents a comprehensive overview of the natural gums market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its d...
November 2020
100 pages
South Africa: Natural Rubber Market
US$ 1,499.00
This report presents a comprehensive overview of the natural rubber market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its...
November 2020
100 pages
South Africa: Newsprint Market
US$ 1,499.00
This report presents a comprehensive overview of the newsprint market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dyna...
November 2020
100 pages
South Africa: Nile Perch and Snakeheads Market
US$ 1,499.00
This report presents a comprehensive overview of the Nile perch and snakeheads market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the...
November 2020
100 pages
South Africa: Nitrogenous Fertilizers Industry
US$ 2,499.00
This report presents a comprehensive overview of the nitrogenous fertilizers industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the...
November 2020
100 pages
South Africa: Non-Coniferous Pulpwood Market
US$ 1,499.00
This report presents a comprehensive overview of the non-coniferous pulpwood market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the ma...
November 2020
100 pages
South Africa: Non-Coniferous Sawlogs and Veneer Logs Market
US$ 1,499.00
This report presents a comprehensive overview of the non-coniferous sawlogs and veneer logs market in South Africa and a forecast for its development in the next five years. It provides a detailed ana...
November 2020
100 pages
South Africa: Non-Coniferous Sawnwood Market
US$ 1,499.00
This report presents a comprehensive overview of the non-coniferous sawnwood market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the ma...
November 2020
100 pages
South Africa: Non-Coniferous Wood Fuel Market
US$ 1,499.00
This report presents a comprehensive overview of the non-coniferous wood fuel market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the m...
November 2020
100 pages
South Africa: Non-Fat Dry Milk Market
US$ 1,499.00
This report presents a comprehensive overview of the non-fat dry milk market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, i...
November 2020
100 pages
South Africa: NPK Fertilizers Market
US$ 1,499.00
This report presents a comprehensive overview of the NPK fertilizers market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, it...
November 2020
100 pages
South Africa: NPK/NK Fertilizers Industry
US$ 2,499.00
This report presents a comprehensive overview of the NPK/NK fertilizers industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the indus...
November 2020
100 pages
South Africa: Nutmeg, Mace and Cardamoms Market
US$ 1,499.00
This report presents a comprehensive overview of the nutmeg, mace and cardamoms market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the...
November 2020
100 pages
South Africa: Nuts Industry
US$ 2,499.00
This report presents a comprehensive overview of the nuts industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the industry, its dynam...
November 2020
100 pages
South Africa: Oats Market
US$ 1,499.00
This report presents a comprehensive overview of the oats market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynamics,...
November 2020
100 pages
South Africa: Octopus Market
US$ 1,499.00
This report presents a comprehensive overview of the octopus market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynami...
November 2020
100 pages
South Africa: Oilseed Grains Industry
US$ 2,499.00
This report presents a comprehensive overview of the oilseed grains industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the industry,...
November 2020
100 pages
South Africa: Okra Market
US$ 1,499.00
This report presents a comprehensive overview of the okra market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynamics,...
November 2020
100 pages
South Africa: Olives Market
US$ 1,499.00
This report presents a comprehensive overview of the olives market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynamic...
November 2020
100 pages
South Africa: Oranges Market
US$ 1,499.00
This report presents a comprehensive overview of the oranges market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynami...
November 2020
100 pages
South Africa: Oriented Strand Board (OSB) Market
US$ 1,499.00
This report presents a comprehensive overview of the oriented strand board (OSB) market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of th...
November 2020
100 pages
South Africa: Oysters Market
US$ 1,499.00
This report presents a comprehensive overview of the oysters market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynami...
November 2020
100 pages
South Africa: Pacific Salmon Market
US$ 1,499.00
This report presents a comprehensive overview of the Pacific salmon market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its...
November 2020
100 pages
South Africa: Palm Fruit Oil Market
US$ 1,499.00
This report presents a comprehensive overview of the palm fruit oil market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its...
November 2020
100 pages
South Africa: Palm Kernels Market
US$ 1,499.00
This report presents a comprehensive overview of the palm kernels market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its d...
November 2020
100 pages
South Africa: Palm Oil Market
US$ 1,499.00
This report presents a comprehensive overview of the palm oil market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dynam...
November 2020
100 pages
