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: Grapefruits and Pomelos Market
US$ 1,499.00
This report presents a comprehensive overview of the grapefruits and pomelos 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: Grapes Market
US$ 1,499.00
This report presents a comprehensive overview of the grapes 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: Green Beans Market
US$ 1,499.00
This report presents a comprehensive overview of the green 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: Green Chillies and Peppers Market
US$ 1,499.00
This report presents a comprehensive overview of the green 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...
November 2020
100 pages
South Africa: Green Coffee Market
US$ 1,499.00
This report presents a comprehensive overview of the green coffee 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: Green Corn Market
US$ 1,499.00
This report presents a comprehensive overview of the green 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 dyn...
November 2020
100 pages
South Africa: Green Onions and Shallots Market
US$ 1,499.00
This report presents a comprehensive overview of the green onions and shallots 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: Green Peas Market
US$ 1,499.00
This report presents a comprehensive overview of the green 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: Groundnuts Market
US$ 1,499.00
This report presents a comprehensive overview of the groundnuts 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: Haddock Market
US$ 1,499.00
This report presents a comprehensive overview of the haddock 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: Hake Market
US$ 1,499.00
This report presents a comprehensive overview of the hake 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: Halibut Market
US$ 1,499.00
This report presents a comprehensive overview of the halibut 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: Hardboard Market
US$ 1,499.00
This report presents a comprehensive overview of the hardboard 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: Hazelnuts Market
US$ 1,499.00
This report presents a comprehensive overview of the hazelnuts 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: Hemp Tow Waste Market
US$ 1,499.00
This report presents a comprehensive overview of the hemp tow waste 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: Hempseed Market
US$ 1,499.00
This report presents a comprehensive overview of the hempseed 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: Hen Eggs Market
US$ 1,499.00
This report presents a comprehensive overview of the hen 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 dynam...
November 2020
100 pages
South Africa: Herrings Market
US$ 1,499.00
This report presents a comprehensive overview of the herrings 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: Honey Market
US$ 1,499.00
This report presents a comprehensive overview of the honey 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: Hops Market
US$ 1,499.00
This report presents a comprehensive overview of the hops 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: Horse Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the horse 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: Household and Sanitary Papers Market
US$ 1,499.00
This report presents a comprehensive overview of the household and sanitary papers 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: Jojoba Seed Market
US$ 1,499.00
This report presents a comprehensive overview of the jojoba 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: Jute Market
US$ 1,499.00
This report presents a comprehensive overview of the jute 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: Kapok Fibre Market
US$ 1,499.00
This report presents a comprehensive overview of the kapok 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 dy...
November 2020
100 pages
South Africa: Kapok Fruit Market
US$ 1,499.00
This report presents a comprehensive overview of the kapok fruit 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: Kapokseed Market
US$ 1,499.00
This report presents a comprehensive overview of the kapokseed 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: Kiwi Fruit Market
US$ 1,499.00
This report presents a comprehensive overview of the kiwi fruit 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: Kola Nuts Market
US$ 1,499.00
This report presents a comprehensive overview of the kola 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 dyna...
November 2020
100 pages
South Africa: Leeks Market
US$ 1,499.00
This report presents a comprehensive overview of the leeks 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: Lemons and Limes Market
US$ 1,499.00
This report presents a comprehensive overview of the lemons and limes 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: Lentils Market
US$ 1,499.00
This report presents a comprehensive overview of the lentils 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: Lettuce and Chicory Market
US$ 1,499.00
This report presents a comprehensive overview of the lettuce and chicory 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: Linseed Market
US$ 1,499.00
This report presents a comprehensive overview of the linseed 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: Live Bovine Animals Industry
US$ 2,499.00
This report presents a comprehensive overview of the live bovine animals 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: Live Buffaloes Market
US$ 1,499.00
This report presents a comprehensive overview of the live buffaloes 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: Live Camels Market
US$ 1,499.00
This report presents a comprehensive overview of the live camels 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: Live Camels and Camelids Industry
US$ 2,499.00
This report presents a comprehensive overview of the live camels and camelids 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: Live Cattle Market
US$ 1,499.00
This report presents a comprehensive overview of the live cattle 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: Live Chickens Market
US$ 1,499.00
This report presents a comprehensive overview of the live chickens 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: Live Donkeys Market
US$ 1,499.00
This report presents a comprehensive overview of the live donkeys 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: Live Ducks Market
US$ 1,499.00
This report presents a comprehensive overview of the live ducks 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 Equine Animals Industry
US$ 2,499.00
This report presents a comprehensive overview of the live equine animals 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: Live Geese and Guinea Fowls Market
US$ 1,499.00
This report presents a comprehensive overview of the live geese and guinea fowls 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: Live Goats Market
US$ 1,499.00
This report presents a comprehensive overview of the live goats 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 Goats and Sheep Industry
US$ 2,499.00
This report presents a comprehensive overview of the live goats and sheep industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the ind...
November 2020
100 pages
South Africa: Live Horses Market
US$ 1,499.00
This report presents a comprehensive overview of the live horses 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: Live Mules Market
US$ 1,499.00
This report presents a comprehensive overview of the live mules 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 Pigeons and Other Birds Market
US$ 1,499.00
This report presents a comprehensive overview of the live pigeons and other birds 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: Live Pigs Market
US$ 1,499.00
This report presents a comprehensive overview of the live pigs 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
