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: Bigeye Tunas Market
US$ 1,499.00
This report presents a comprehensive overview of the bigeye tunas 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: Bird Eggs (Except for Hen) Market
US$ 1,499.00
This report presents a comprehensive overview of the bird eggs (except for hen) 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: Bleached Sulphate Chemical Wood Pulp Market
US$ 1,499.00
This report presents a comprehensive overview of the bleached sulphate chemical wood pulp market in South Africa and a forecast for its development in the next five years. It provides a detailed analy...
November 2020
100 pages
South Africa: Bleached Sulphite Chemical Wood Pulp Market
US$ 1,499.00
This report presents a comprehensive overview of the bleached sulphite chemical wood pulp market in South Africa and a forecast for its development in the next five years. It provides a detailed analy...
November 2020
100 pages
South Africa: Blueberries Market
US$ 1,499.00
This report presents a comprehensive overview of the blueberries market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dy...
November 2020
100 pages
South Africa: Bluefin Tunas Market
US$ 1,499.00
This report presents a comprehensive overview of the bluefin tunas 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: Bovine Meat Industry
US$ 2,499.00
This report presents a comprehensive overview of the bovine meat industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the industry, it...
November 2020
100 pages
South Africa: Brazil Nuts Market
US$ 1,499.00
This report presents a comprehensive overview of the Brazil nuts market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dy...
November 2020
100 pages
South Africa: Buckwheat Market
US$ 1,499.00
This report presents a comprehensive overview of the buckwheat 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: Buffalo Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the buffalo 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 d...
November 2020
100 pages
South Africa: Butter Market
US$ 1,499.00
This report presents a comprehensive overview of the butter 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: Calcium Ammonium Nitrate (CAN) Market
US$ 1,499.00
This report presents a comprehensive overview of the calcium ammonium nitrate (CAN) market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of...
November 2020
100 pages
South Africa: Camel Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the camel 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 dyn...
November 2020
100 pages
South Africa: Camel and Camelids Meat Industry
US$ 2,499.00
This report presents a comprehensive overview of the camel and camelids meat 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: Canary Seed Market
US$ 1,499.00
This report presents a comprehensive overview of the canary 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 dy...
November 2020
100 pages
South Africa: Carobs Market
US$ 1,499.00
This report presents a comprehensive overview of the carobs 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: Carp Market
US$ 1,499.00
This report presents a comprehensive overview of the carp 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: Carrots and Turnips Market
US$ 1,499.00
This report presents a comprehensive overview of the carrots and turnips market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market...
November 2020
100 pages
South Africa: Cartonboard Market
US$ 1,499.00
This report presents a comprehensive overview of the cartonboard market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dy...
November 2020
100 pages
South Africa: Cashew Nuts Market
US$ 1,499.00
This report presents a comprehensive overview of the cashew nuts market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dy...
November 2020
100 pages
South Africa: Cashewapple Market
US$ 1,499.00
This report presents a comprehensive overview of the cashewapple market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dy...
November 2020
100 pages
South Africa: Cassava Leaves Market
US$ 1,499.00
This report presents a comprehensive overview of the cassava leaves 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: Cassava Market
US$ 1,499.00
This report presents a comprehensive overview of the cassava 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: Castor Oil Seed Market
US$ 1,499.00
This report presents a comprehensive overview of the castor oil seed 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: Catfish Market
US$ 1,499.00
This report presents a comprehensive overview of the catfish 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: Cauliflowers and Broccoli Market
US$ 1,499.00
This report presents a comprehensive overview of the cauliflowers and broccoli 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: Cereals Industry
US$ 2,499.00
This report presents a comprehensive overview of the cereals industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the industry, its dy...
November 2020
100 pages
South Africa: Cheese Market
US$ 1,499.00
This report presents a comprehensive overview of the cheese 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: Chemical Wood Pulp Industry
US$ 2,499.00
This report presents a comprehensive overview of the chemical wood pulp 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: Chemical Wood Pulp Market
US$ 1,499.00
This report presents a comprehensive overview of the chemical wood pulp market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market,...
November 2020
100 pages
South Africa: Cherries Market
US$ 1,499.00
This report presents a comprehensive overview of the cherries 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: Chestnut Market
US$ 1,499.00
This report presents a comprehensive overview of the chestnut 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: Chick Peas Market
US$ 1,499.00
This report presents a comprehensive overview of the chick peas 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: Chicken Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the chicken 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 d...
November 2020
100 pages
South Africa: Chicory Roots Market
US$ 1,499.00
This report presents a comprehensive overview of the chicory roots 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: Cinnamon Market
US$ 1,499.00
This report presents a comprehensive overview of the cinnamon 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: Citrus Fruits Industry
US$ 2,499.00
This report presents a comprehensive overview of the citrus fruits 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: Clams, Cockles, and Arkshells Market
US$ 1,499.00
This report presents a comprehensive overview of the clams, cockles, and arkshells market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of...
November 2020
100 pages
South Africa: Cloves Market
US$ 1,499.00
This report presents a comprehensive overview of the cloves 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: Coalfish Market
US$ 1,499.00
This report presents a comprehensive overview of the coalfish 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: Coated Printing and Writing Papers Market
US$ 1,499.00
This report presents a comprehensive overview of the coated printing and writing papers market in South Africa and a forecast for its development in the next five years. It provides a detailed analysi...
November 2020
100 pages
South Africa: Cobia Market
US$ 1,499.00
This report presents a comprehensive overview of the cobia 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: Cocoa Beans Market
US$ 1,499.00
This report presents a comprehensive overview of the cocoa beans market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market, its dy...
November 2020
100 pages
South Africa: Coconuts Market
US$ 1,499.00
This report presents a comprehensive overview of the coconuts 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: Cod Market
US$ 1,499.00
This report presents a comprehensive overview of the cod 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: Coir Market
US$ 1,499.00
This report presents a comprehensive overview of the coir 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: Coniferous Pulpwood Market
US$ 1,499.00
This report presents a comprehensive overview of the coniferous pulpwood market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market...
November 2020
100 pages
South Africa: Coniferous Sawlogs and Veneer Logs Market
US$ 1,499.00
This report presents a comprehensive overview of the coniferous sawlogs and veneer logs market in South Africa and a forecast for its development in the next five years. It provides a detailed analysi...
November 2020
100 pages
South Africa: Coniferous Sawnwood Market
US$ 1,499.00
This report presents a comprehensive overview of the coniferous sawnwood market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the market...
November 2020
100 pages
South Africa: Coniferous Wood Fuel Market
US$ 1,499.00
This report presents a comprehensive overview of the 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 marke...
November 2020
100 pages
