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:
2,893
Sort by:
South Africa: Sharks Market
US$ 1,499.00
This report presents a comprehensive overview of the sharks 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: Shea Nuts Market
US$ 1,499.00
This report presents a comprehensive overview of the shea 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: Sheep Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the sheep 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: Shrimps and Prawns Market
US$ 1,499.00
This report presents a comprehensive overview of the shrimps and prawns 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: Sisal Market
US$ 1,499.00
This report presents a comprehensive overview of the sisal 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: Skipjack and Bonito Market
US$ 1,499.00
This report presents a comprehensive overview of the skipjack and bonito 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: Sockeye (Red) Salmon Market
US$ 1,499.00
This report presents a comprehensive overview of the sockeye (red) salmon 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: Sodium Nitrate Market
US$ 1,499.00
This report presents a comprehensive overview of the sodium nitrate 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: Sole Market
US$ 1,499.00
This report presents a comprehensive overview of the sole 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: Sorghum Market
US$ 1,499.00
This report presents a comprehensive overview of the sorghum 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: Sour Cherries Market
US$ 1,499.00
This report presents a comprehensive overview of the sour 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...
November 2020
100 pages
South Africa: Soybeans Market
US$ 1,499.00
This report presents a comprehensive overview of the soybeans 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: Spices Industry
US$ 2,499.00
This report presents a comprehensive overview of the spices 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: Spinach Market
US$ 1,499.00
This report presents a comprehensive overview of the spinach 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: Strawberries Market
US$ 1,499.00
This report presents a comprehensive overview of the strawberries 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: String Beans Market
US$ 1,499.00
This report presents a comprehensive overview of the string 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 d...
November 2020
100 pages
South Africa: Sugar Beet Market
US$ 1,499.00
This report presents a comprehensive overview of the sugar beet 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: Sugar Cane Market
US$ 1,499.00
This report presents a comprehensive overview of the sugar cane 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: Sugar Crops Industry
US$ 2,499.00
This report presents a comprehensive overview of the sugar 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: Sulphate Chemical Wood Pulp Market
US$ 1,499.00
This report presents a comprehensive overview of the sulphate chemical wood pulp 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: Sulphite Chemical Wood Pulp Market
US$ 1,499.00
This report presents a comprehensive overview of the sulphite chemical wood pulp 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: Sunflower Seed Market
US$ 1,499.00
This report presents a comprehensive overview of the sunflower 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: Superphosphates Market
US$ 1,499.00
This report presents a comprehensive overview of the superphosphates 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: Sweet Potatoes Market
US$ 1,499.00
This report presents a comprehensive overview of the sweet 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...
November 2020
100 pages
South Africa: Swordfish Market
US$ 1,499.00
This report presents a comprehensive overview of the swordfish 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: Tallowtree Seed Market
US$ 1,499.00
This report presents a comprehensive overview of the tallowtree 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: Tangerines and Clementines Market
US$ 1,499.00
This report presents a comprehensive overview of the tangerines and clementines 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: Taro Market
US$ 1,499.00
This report presents a comprehensive overview of the taro 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: Tea, Coffee and Cocoa Industry
US$ 2,499.00
This report presents a comprehensive overview of the tea, coffee and cocoa industry in South Africa and a forecast for its development in the next five years. It provides a detailed analysis of the in...
November 2020
100 pages
South Africa: Tea Market
US$ 1,499.00
This report presents a comprehensive overview of the tea 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: Tilapia Market
US$ 1,499.00
This report presents a comprehensive overview of the tilapia 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: Tomatoes Market
US$ 1,499.00
This report presents a comprehensive overview of the tomatoes 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: Triticale Market
US$ 1,499.00
This report presents a comprehensive overview of the triticale 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: Tropical Fruits Industry
US$ 2,499.00
This report presents a comprehensive overview of the tropical 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: Trout Market
US$ 1,499.00
This report presents a comprehensive overview of the trout 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: Tuna Market
US$ 1,499.00
This report presents a comprehensive overview of the tuna 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: Tuna, Skipjack and Bonito Market
US$ 1,499.00
This report presents a comprehensive overview of the tuna, skipjack and bonito 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: Tung Nuts Market
US$ 1,499.00
This report presents a comprehensive overview of the tung 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: Turbot Market
US$ 1,499.00
This report presents a comprehensive overview of the turbot 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: Turkey Meat Market
US$ 1,499.00
This report presents a comprehensive overview of the turkey 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: Unbleached Sulphate Chemical Wood Pulp Market
US$ 1,499.00
This report presents a comprehensive overview of the unbleached sulphate chemical wood pulp market in South Africa and a forecast for its development in the next five years. It provides a detailed ana...
November 2020
100 pages
South Africa: Unbleached Sulphite Chemical Wood Pulp Market
US$ 1,499.00
This report presents a comprehensive overview of the unbleached sulphite chemical wood pulp market in South Africa and a forecast for its development in the next five years. It provides a detailed ana...
November 2020
100 pages
South Africa: Uncoated Printing and Writing Papers Market
US$ 1,499.00
This report presents a comprehensive overview of the uncoated printing and writing papers 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: Unmanufactured Tobacco Market
US$ 1,499.00
This report presents a comprehensive overview of the unmanufactured tobacco 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: Urea Market
US$ 1,499.00
This report presents a comprehensive overview of the urea 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: Vanilla Market
US$ 1,499.00
This report presents a comprehensive overview of the vanilla 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: Vegetables Industry
US$ 2,499.00
This report presents a comprehensive overview of the vegetables 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: Veneer Sheets Market
US$ 1,499.00
This report presents a comprehensive overview of the veneer sheets 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: Vetches Market
US$ 1,499.00
This report presents a comprehensive overview of the vetches 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
