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 Publishing Market Summary and Forecast
US$ 350.00
South Africa Publishing Market and Forecast Publishing in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value...
January 2024
38 pages
South Africa Travel and Tourism Market Summary and Forecast
US$ 350.00
South Africa Travel and Tourism Market and Forecast Travel & Tourism in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, marke...
January 2024
40 pages
Sasol Limited - Company Profile and SWOT Analysis
US$ 175.00
Sasol Limited - Strategy, SWOT and Corporate Finance Report SUMMARY Sasol Limited - Strategy, SWOT and Corporate Finance Report, is a ... in South Africa, Europe, Asia-Pacific and the Americas. Sasol is headquartered in Johannesburg, Gauteng, South Africa. SCOPE Detailed information on Sasol Limited required ...
December 2023
40 pages
South Africa Media Market Summary and Forecast
US$ 350.00
South Africa Media Market and Forecast Media in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to...
December 2023
49 pages
South Africa Spirits Market Summary and Forecast
US$ 350.00
South Africa Spirits Market and Forecast Spirits in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and vo...
December 2023
39 pages
South Africa Metals and Mining Market Summary and Forecast
US$ 350.00
South Africa Metals and Mining Market and Forecast Metals & Mining in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market...
December 2023
50 pages
South Africa Motorcycles Market to 2027
US$ 350.00
South Africa Motorcycles Market to 2027 Motorcycles in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and...
December 2023
47 pages
South Africa Power Generation Market to 2027
US$ 350.00
South Africa Power Generation Market to 2027 Power Generation in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22...
December 2023
41 pages
South Africa Steel Market to 2027
US$ 350.00
South Africa Steel Market to 2027 Steel in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017...
December 2023
43 pages
South Africa Medium and Heavy Trucks Market to 2027
US$ 350.00
South Africa Medium and Heavy Trucks Market to 2027 Medium & Heavy Trucks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (v...
December 2023
48 pages
South Africa Utilities Market to 2027
US$ 350.00
South Africa Utilities Market to 2027 Utilities in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and vol...
December 2023
41 pages
South Africa Syrups and Spreads Market Summary and Forecast
US$ 350.00
South Africa Syrups and Spreads Market and Forecast Syrups & Spreads in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value...
December 2023
43 pages
South Africa Automotive Manufacturing Market to 2027
US$ 350.00
South Africa Automotive Manufacturing Market to 2027 Automotive Manufacturing in South Africa industry profile provides top-line qualitative and quantitative summary information including: market sha...
December 2023
55 pages
South Africa Gyms, Health and Fitness Clubs Market to 2027
US$ 350.00
South Africa Gyms, Health and Fitness Clubs Market to 2027 Gyms, Health & Fitness Clubs in South Africa industry profile provides top-line qualitative and quantitative summary information including:...
December 2023
34 pages
Liberty Group Ltd - Strategy, SWOT and Corporate Finance Report
US$ 175.00
Liberty Global plc - Strategy, SWOT and Corporate Finance Report SUMMARY Liberty Global plc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive ... REASONS TO BUY Gain understanding of Liberty Global plc and the factors that influence its strategies. Track strategic initiatives of the ...
November 2023
33 pages
Comair Ltd - Strategy, SWOT and Corporate Finance Report
US$ 175.00
Comair Limited - Strategy, SWOT and Corporate Finance Report SUMMARY Comair Limited - Strategy, SWOT and Corporate Finance Report, is a source ... South Africa, sub-Saharan Africa and the Indian Ocean Islands. Comair is headquartered in Bonaero Park, South Africa. SCOPE Detailed information on Comair Limited ...
November 2023
32 pages
Invicta Holdings Limited - Strategy, SWOT and Corporate Finance Report
US$ 175.00
Invicta Holdings Limited - Strategy, SWOT and Corporate Finance Report SUMMARY Invicta Holdings Limited - Strategy, SWOT and Corporate Finance Report, ... capital equipment sectors. Invicta is headquartered in Cape Town, South Africa. SCOPE Detailed information on Invicta Holdings Limited required for business and ...
November 2023
33 pages
Merafe Resources Ltd - Strategy, SWOT and Corporate Finance Report
US$ 175.00
... SUMMARY Merafe Resources Limited - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data ... , Marikana, Thorncliffe and Magareng. The company has operational presence in Africa, North America, Asia and Europe. Merafe is headquartered in Johannesburg, South Africa.
November 2023
33 pages
Bryte Insurance Company Ltd - Strategy, SWOT and Corporate Finance Report
US$ 175.00
... Jewel Insurance, Hospitality Insurance, Body Corporate Insurance, Small & Medium Enterprise Insurance, home and motor insurance, wineries insurance, travel insurance, marine insurance, engineering insurance and business insurance. Bryte Insurance is headquartered in Johannesburg, South Africa ...
November 2023
18 pages
Clientele Ltd - Strategy, SWOT and Corporate Finance Report
US$ 175.00
Clientele Limited - Strategy, SWOT and Corporate Finance Report SUMMARY Clientele Limited - Strategy, SWOT and Corporate Finance Report, is a source of ... long term investment plans. CL is headquartered in Johannesburg, South Africa. In FY2017, Clientele reported insurance premium revenue of ZAR2,003.2 million, ...
November 2023
33 pages
South Africa Agricultural Products Market to 2027
US$ 350.00
South Africa Agricultural Products Market to 2027 Agricultural Products in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (val...
November 2023
43 pages
South Africa New Cars Market to 2027
US$ 350.00
South Africa New Cars Market to 2027 New Cars in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22,...
November 2023
54 pages
South Africa Non-Life Insurance Market to 2027
US$ 350.00
South Africa Non-Life Insurance Market to 2027 Non-Life Insurance in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market s...
November 2023
44 pages
South Africa Online Retail Market to 2027
US$ 350.00
South Africa Online Retail Market to 2027 Online Retail in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and...
November 2023
43 pages
South Africa Life Insurance Market to 2027
US$ 350.00
South Africa Life Insurance Market to 2027 Life Insurance in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (val...
November 2023
42 pages
South Africa Make-Up Market to 2027
US$ 350.00
South Africa Make-Up Market to 2027 Make-Up in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to...
November 2023
44 pages
South Africa Transportation Services Market to 2027
US$ 350.00
South Africa Transportation Services Market to 2027 Transportation Services in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share...
November 2023
47 pages
Industrial Wood - South Africa
US$ 1,080.00
Market Overview These in-depth reports focus on the top country markets worldwide for Industrial wood coatings and include detailed key data points including market shares, product segments and prices...
November 2023
50 pages
South Africa Household Products Market to 2027
US$ 350.00
South Africa Household Products Market to 2027 Household Products in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market s...
October 2023
49 pages
