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: Peppermint Market
US$ 1,499.00
This report presents a comprehensive overview of the peppermint 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: Persimmons Market
US$ 1,499.00
This report presents a comprehensive overview of the persimmons 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: Phosphate Rock Market
US$ 1,499.00
This report presents a comprehensive overview of the phosphate rock 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: Phosphatic Fertilizers Industry
US$ 2,499.00
This report presents a comprehensive overview of the phosphatic fertilizers 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: Pigeon Peas Market
US$ 1,499.00
This report presents a comprehensive overview of the pigeon 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 dy...
November 2020
100 pages
South Africa: Pineapples Market
US$ 1,499.00
This report presents a comprehensive overview of the pineapples 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: Pistachios Market
US$ 1,499.00
This report presents a comprehensive overview of the pistachios 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: PK Compounds Market
US$ 1,499.00
This report presents a comprehensive overview of the PK compounds 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: Plaice Market
US$ 1,499.00
This report presents a comprehensive overview of the plaice 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: Plantains Market
US$ 1,499.00
This report presents a comprehensive overview of the plantains 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: Plums and Sloes Market
US$ 1,499.00
This report presents a comprehensive overview of the plums and sloes 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: Plywood Market
US$ 1,499.00
This report presents a comprehensive overview of the plywood 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: Pollack Market
US$ 1,499.00
This report presents a comprehensive overview of the pollack 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: Poppy Seed Market
US$ 1,499.00
This report presents a comprehensive overview of the poppy 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 dyn...
November 2020
100 pages
South Africa: Pork Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the pork 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: Potassic Fertilizers Industry
US$ 2,499.00
This report presents a comprehensive overview of the potassic fertilizers 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: Potassium Nitrate Market
US$ 1,499.00
This report presents a comprehensive overview of the potassium nitrate 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: Potatoes Market
US$ 1,499.00
This report presents a comprehensive overview of the potatoes 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: Poultry Meat Industry
US$ 2,499.00
This report presents a comprehensive overview of the poultry meat 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: Printing and Writing Papers Industry
US$ 2,499.00
This report presents a comprehensive overview of the printing and writing papers industry 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: Pulp Industry
US$ 2,499.00
This report presents a comprehensive overview of the pulp 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: Pulpwood Market
US$ 1,499.00
This report presents a comprehensive overview of the pulpwood 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: Pulses Industry
US$ 2,499.00
This report presents a comprehensive overview of the pulses 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: Pumpkins, Squash and Gourds Market
US$ 1,499.00
This report presents a comprehensive overview of the pumpkins, squash and gourds 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: Quinces Market
US$ 1,499.00
This report presents a comprehensive overview of the quinces 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: Quinoa Market
US$ 1,499.00
This report presents a comprehensive overview of the quinoa 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: Rabbit Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the rabbit 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: Ramie Market
US$ 1,499.00
This report presents a comprehensive overview of the ramie 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: Rapeseed Market
US$ 1,499.00
This report presents a comprehensive overview of the rapeseed 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: Raspberries Market
US$ 1,499.00
This report presents a comprehensive overview of the raspberries 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: Rays and Skates Market
US$ 1,499.00
This report presents a comprehensive overview of the rays and skates 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: Recovered Fiber Pulp Market
US$ 1,499.00
This report presents a comprehensive overview of the recovered fiber 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: Recovered Fiber Pulp and Paper Industry
US$ 2,499.00
This report presents a comprehensive overview of the recovered fiber pulp and paper industry 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: Recovered Paper Market
US$ 1,499.00
This report presents a comprehensive overview of the recovered paper 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: Rice Market
US$ 1,499.00
This report presents a comprehensive overview of the rice 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: Roots and Tubers Industry
US$ 2,499.00
This report presents a comprehensive overview of the roots and tubers 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: Rye Market
US$ 1,499.00
This report presents a comprehensive overview of the rye 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: Safflower Seed Market
US$ 1,499.00
This report presents a comprehensive overview of the safflower 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...
November 2020
100 pages
South Africa: Salmon Market
US$ 1,499.00
This report presents a comprehensive overview of the 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 dynamic...
November 2020
100 pages
South Africa: Sardines Market
US$ 1,499.00
This report presents a comprehensive overview of the sardines 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: Sawlogs and Veneer Logs Market
US$ 1,499.00
This report presents a comprehensive overview of the sawlogs and veneer logs 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: Sawnwood Market
US$ 1,499.00
This report presents a comprehensive overview of the sawnwood 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: Scallops Market
US$ 1,499.00
This report presents a comprehensive overview of the scallops 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: Sea Bass Market
US$ 1,499.00
This report presents a comprehensive overview of the sea bass 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: Sea Bream Market
US$ 1,499.00
This report presents a comprehensive overview of the sea bream 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: Seaweed Market
US$ 1,499.00
This report presents a comprehensive overview of the seaweed 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: Semi-Chemical Wood Pulp Market
US$ 1,499.00
This report presents a comprehensive overview of the semi-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 ma...
November 2020
100 pages
South Africa: Sesame Seed Market
US$ 1,499.00
This report presents a comprehensive overview of the sesame 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
