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.
more...
Publications found:
2,942
Sort by:
South Africa: Corals Market
US$ 1,499.00
This report presents a comprehensive overview of the corals 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: Corn Market
US$ 1,499.00
This report presents a comprehensive overview of the corn 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: Cotton Lint Market
US$ 1,499.00
This report presents a comprehensive overview of the cotton lint 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: Cotton Seed Market
US$ 1,499.00
This report presents a comprehensive overview of the cotton 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: Cottonseed Market
US$ 1,499.00
This report presents a comprehensive overview of the cottonseed 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: Crabs Market
US$ 1,499.00
This report presents a comprehensive overview of the crabs 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: Cranberries Market
US$ 1,499.00
This report presents a comprehensive overview of the cranberries 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: Crustaceans Industry
US$ 2,499.00
This report presents a comprehensive overview of the crustaceans 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: Cucumbers and Gherkins Market
US$ 1,499.00
This report presents a comprehensive overview of the cucumbers and gherkins 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: Currants Market
US$ 1,499.00
This report presents a comprehensive overview of the currants 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: Cuttlefish and Squid Market
US$ 1,499.00
This report presents a comprehensive overview of the cuttlefish and squid 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: Cuttlefish, Squid and Octopus Industry
US$ 2,499.00
This report presents a comprehensive overview of the cuttlefish, squid and octopus industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis o...
November 2020
100 pages
South Africa: Dairy Industry
US$ 2,499.00
This report presents a comprehensive overview of the dairy industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the industry, its dyna...
November 2020
100 pages
South Africa: Dates Market
US$ 1,499.00
This report presents a comprehensive overview of the dates 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: Diammonium Phosphate (DAP) Market
US$ 1,499.00
This report presents a comprehensive overview of the diammonium phosphate (DAP) 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: Dissolving Wood Pulp Market
US$ 1,499.00
This report presents a comprehensive overview of the dissolving 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: Donkey Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the donkey 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 dy...
November 2020
100 pages
South Africa: Dried Pyrethrum Market
US$ 1,499.00
This report presents a comprehensive overview of the dried pyrethrum 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: Dry Beans Market
US$ 1,499.00
This report presents a comprehensive overview of the dry 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 dyna...
November 2020
100 pages
South Africa: Dry Broad Beans Market
US$ 1,499.00
This report presents a comprehensive overview of the dry broad beans 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: Dry Chillies and Peppers Market
US$ 1,499.00
This report presents a comprehensive overview of the dry chillies and peppers 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: Dry Cow Peas Market
US$ 1,499.00
This report presents a comprehensive overview of the dry cow 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 d...
November 2020
100 pages
South Africa: Dry Milk Market
US$ 1,499.00
This report presents a comprehensive overview of the 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, its dynam...
November 2020
100 pages
South Africa: Dry Onions Market
US$ 1,499.00
This report presents a comprehensive overview of the dry onions 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: Dry Peas Market
US$ 1,499.00
This report presents a comprehensive overview of the dry 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 dynam...
November 2020
100 pages
South Africa: Dry Whole Milk Powder Market
US$ 1,499.00
This report presents a comprehensive overview of the dry whole milk powder market in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the mark...
November 2020
100 pages
South Africa: Duck Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the duck 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: Eels Market
US$ 1,499.00
This report presents a comprehensive overview of the eels 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: Eggplants Market
US$ 1,499.00
This report presents a comprehensive overview of the eggplants 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: Eggs Market
US$ 1,499.00
This report presents a comprehensive overview of the eggs 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: Engineered Wood Industry
US$ 2,499.00
This report presents a comprehensive overview of the engineered wood 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: Equine Animals Meat Industry
US$ 2,499.00
This report presents a comprehensive overview of the equine animals meat industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the indu...
November 2020
100 pages
South Africa: Fertilizers Industry
US$ 2,499.00
This report presents a comprehensive overview of the fertilizers 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: Fiber Crops Industry
US$ 2,499.00
This report presents a comprehensive overview of the fiber crops 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: Fiberboard Industry
US$ 2,499.00
This report presents a comprehensive overview of the fiberboard industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the industry, its...
November 2020
100 pages
South Africa: Figs Market
US$ 1,499.00
This report presents a comprehensive overview of the figs 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: Flat Fish Market
US$ 1,499.00
This report presents a comprehensive overview of the flat fish 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: Flax Fibre and Tow Market
US$ 1,499.00
This report presents a comprehensive overview of the flax fibre and tow 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: Fonio Market
US$ 1,499.00
This report presents a comprehensive overview of the fonio 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: Fresh Liquid Milk Industry
US$ 2,499.00
This report presents a comprehensive overview of the fresh liquid milk industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the indust...
November 2020
100 pages
South Africa: Fruits Industry
US$ 2,499.00
This report presents a comprehensive overview of the fruits industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the industry, its dyn...
November 2020
100 pages
South Africa: Garlic Market
US$ 1,499.00
This report presents a comprehensive overview of the garlic 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: Garlic and Onion Industry
US$ 2,499.00
This report presents a comprehensive overview of the garlic and onion industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the industr...
November 2020
100 pages
South Africa: Ginger Market
US$ 1,499.00
This report presents a comprehensive overview of the ginger 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: Goat Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the goat 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: Goat and Sheep Meat Industry
US$ 2,499.00
This report presents a comprehensive overview of the goat and sheep meat industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the indu...
November 2020
100 pages
South Africa: Goose and Guinea Fowl Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the goose and guinea fowl meat 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: Gooseberries Market
US$ 1,499.00
This report presents a comprehensive overview of the gooseberries 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: Grains Industry
US$ 2,499.00
This report presents a comprehensive overview of the grains industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the industry, its dyn...
November 2020
100 pages
