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Western Cape 14% SPECIAL FEATURE Source: world exports.com South economy at a glance ZIMBABWE Percentage contribution of each province to national GDP. n direct e: StatsSA.com BOTSWANA Limpopo Insight into the South African ecomomy. 7% Africa. : South African NAMIBIA mineral sales ng with cessful. d grape level is ed and 017 and ICT and capital hat the irst half inancial ramme NAMIBIA Northern Cape 2% Western Cape 14% Northern Cape 2% North West 6% Percentage contribution of each province to national GDP. SOURCE: STATS SA WWW.STATSSA.GOV.ZA several more are in the pipeline. • New stock exchanges came on line in 2017 and more are expected. • Investment in infrastructure (especially ICT and railways) is strong. Nedbank’s report on capital expenditure in South Africa stated that the 29 large projects announced in the first half 177.9% 16.6% ral sales increased by 152.7% on-year in April 2021. BOTSWANA North West 6% Free State 5% Eastern Cape Free 8% State 5% Eastern Cape 8% Gauteng 35% Mpumalanga 7% ZIMBABWE SWAZI- LAND LimpopoKwaZulu- 7% Natal 16% LESOTHO Gauteng Mpumalanga 35% 7% gest contributors % increase % contribution s 465.9% 103% LESOTHO ore 115.6% 19.5% d 40.9% 6.5% Western Cape 14% secured tens of thousands of new seats on direct SS 2019 Trends Table: South African mining production flights to and from the city). • Companies are successfully trading into Africa. Source: Good Increased signs for world the economy by exports.com 116.5% include: year-on-year • Niche in agricultural April markets 2021. are booming with Percentage contribution of each province to national GDP. ce: StatsSA.com • Several provincial governments and investment macadamia nuts being the most successful. SOURCE: STATS SA WWW.STATSSA.GOV.ZA agencies are establishing trade relations and Pecan nuts have done well and wine and grape study Largest programmes contributors with BRICS countries. State % increase exports to China % contribution are growing. visits to and from China immediately before and • Private education at school and tertiary level is after a major BRICS summit in 2018 gave an indication that Ramaphosa holds high hopes for • New banking licences have been issued and secured growing tens as of a thousands sector. of new seats on direct Trends Table: Platinum South Group African Metals mining 276.1% production flights to and from 39.2% the city). increased trade with the biggest of the BRICS• Companies several more are successfully are in the pipeline. trading into Africa. Good Increased signs nations. for the Two-way economy by 116.5% trade include: between year-on-year the countries in• Niche • New in agricultural stock April exchanges markets 2021. came are on booming line 2017 with and 2017 was worth .1-billion. South Africa wants more are expected. • Several provincial governments and investment macadamia nuts being the most successful. to Gold grow tourist numbers from China. South Africa 177.9% • agencies are establishing trade relations and Pecan Investment nuts have 16.6% in done infrastructure well and (especially wine and grape ICT and study became programmes the first with country BRICS in countries. the world State to export railways) is strong. Nedbank’s report on capital Largest contributors % increase exports to China % contribution are growing. beef to China in 2017, to go with existing exports expenditure in South Africa stated that the visits to and from China immediately before and • Private education at school and tertiary level is of Manganese iron ore, platinum ore and fruit and wine. 208.2% 29 large projects 14.2% announced in the first half after a major BRICS summit in 2018 gave an indication that Ramaphosa holds high hopes for • New banking licences have been issued and growing as a sector. • Tourists are visiting South Africa in record numbers (Cape Group Town’s Air Metals Access programme 276.1% has Mail). The 39.2% renewable energy programme of 2018 were valued at R63.9-billion (Financial Platinum increased trade with the biggest of the BRICS several more are in the pipeline. nations. 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The renewable energy of 2018 were valued at R63.9-billion (Financial programme Iron ore Table: South African mineral 149.1% sales 13.3% Mineral sales increased by 152.7% Source: year-on-year StatsSA.comin April 2021. 13th Fl, Cnr Stead & Physical: Knight Sts, Metlife Kimberley, Towers, 8309 13th Fl, Fl, Cnr Cnr Stead & & Knight Sts, Sts, Kimberley, 8309 8300 Postal: Private Tel: 053 Bag Bag 839 X6108, 4000 Kimberley, | Fax: 0538300 832 8301 6805 Free State Tel: Tel: 053 053 Web: 839 839 http://economic.ncape.gov.za 4000 4000 | Fax: | Fax: 053 053 832 832 6805 6805% Physical: Metlife Towers, 13th Fl, Cnr Stead & Knight Sts, Kimberley, 8309 Postal: Private Bag X6108, Kimberley, 8300 NAMIBIA Tel: 053 839 4000 | Fax: 053 832 6805 Web: http://economic.ncape.gov.za Email: dedat@ncpg.gov.za Postal: Private Bag X6108, Kimberley, 8300Gauteng 35% North West 6% MOZAMBIQUE SPECIAL FEATURE SWAZI- LAND KwaZulu- Natal 16% 17 SOUTH AFRICAN BUSINESS 2019 SOURCE: STATS SA WWW.STATSSA.GOV.ZA Northern Cape 2% secured tens of thousands of new seats on direct Trends Table: South African mining production flights to and from the city). • Companies are successfully trading into Africa. Good Increased signs for the economy by 116.5% include: year-on-year • Niche in agricultural April markets 2021. are booming with • Several provincial governments and investment macadamia nuts being the most successful agencies are establishing trade relations and Pecan nuts have done well and wine and grape study Largest programmes contributors with BRICS countries. State % increase exports to China % contribution are growing. visits to and from China immediately before and • Private education at school and tertiary level is after a major BRICS summit in 2018 gave an indication that Ramaphosa holds high hopes for • New banking licences have been issued and growing as a sector. Platinum Group Metals 276.1% 39.2% increased trade with the biggest of the BRICS several more are in the pipeline. nations. Two-way trade between the countries in • New stock exchanges came on line in 2017 and 2017 was worth .1-billion. South Africa wants more are expected. to Gold grow tourist numbers from China. South Africa 177.9% • Investment 16.6% in infrastructure (especially ICT and became the first country in the world to export railways) is strong. Nedbank’s report on capita beef to China in 2017, to go with existing exports expenditure in South Africa stated that the of Manganese iron ore, platinum ore and fruit and wine. 208.2% 29 large projects 14.2% announced in the first half • Tourists are visiting South Africa in record numbers (Cape Town’s Air Access programme has Mail). The renewable energy of 2018 were valued at R63.9-billion (Financia programme MOZAMBIQUE Iron ore 149.1% 13.3% Source: StatsSA.com Source: world exports.com Table: South African mineral sales Mineral sales increased by 152.7% year-on-year in April 2021. 17 SOUTH AFRICAN BUSINESS 2019 Iron Source: ore world exports.com115.6% 19.5% 7% Mpumalanga 7% SWAZI- LAND KwaZulu- Natal 16% Largest contributors % increase % contribution PGMs 465.9% 103% Gold 40.9% 6.5% Source: StatsSA.com Source: world exports.com 2017/18 2019/20 2020/21 2018/19 2018/19 US ONLINE JOIN JOIN US U UE Source: world exports.com Largest contributors % increase % contribution Table: South African mineral sales Mineral PGMs sales increased by 152.7% 465.9% 103% year-on-year in April 2021. Iron ore 115.6% 19.5% Largest Goldcontributors % increase 40.9% % 6.5% contribution PGMs Source: StatsSA.com 465.9% 103% Iron ore 115.6% 19.5% Source: world exports.com Credit: Columbus Stainless
WWW.NORTHERNCAPEBUSINESS.CO.ZA ONLINE JOIN S US ONLINE WWW.GLOBALAFRICANETWORK.COM | WWW.NORTHERNCAPEBU | | 10 REASONS WHY YOU SHOULD INVEST IN SOUTH AFRICA 01. HOT EMERGING MARKET Growing middle class, affluent consumer base, excellent returns on investment. 02. MOST DIVERSIFIED ECONOMY IN AFRICA South Africa (SA) has the most industrialised economy in Africa. It is the region’s principal manufacturing hub and a leading services destination. LARGEST PRESENCE OF MULTINATIONALS ON THE AFRICAN CONTINENT SA is the location of choice of multinationals in Africa. 03. Global corporates reap the benefits of doing business in SA, which has a supportive and growing ecosystem as a hub for innovation, technology and fintech. 05. FAVOURABLE ACCESS TO GLOBAL MARKETS ADVANCED FINANCIAL SERVICES & BANKING SECTOR SA has a sophisticated banking sector with a major footprint in Africa. It is the continent’s financial hub, with the JSE being Africa’s largest stock exchange by market capitalisation. The African Continental Free Trade Area will boost intra-African trade and create a market of over one billion people and a combined gross domestic product (GDP) of USD2.2-trillion that will unlock industrial development. SA has several trade agreements in place as an export platform into global markets. 07. YOUNG, EAGER LABOUR FORCE 09. SA has a number of world-class universities and colleges producing a skilled, talented and capable workforce. It boasts a diversified skills set, emerging talent, a large pool of prospective workers and government support for training and skills development. 04. 06. 08. PROGRESSIVE CONSTITUTION & INDEPENDENT JUDICIARY SA has a progressive Constitution and an independent judiciary. The country has a mature and accessible legal system, providing certainty and respect for the rule of law. It is ranked number one in Africa for the protection of investments and minority investors. ABUNDANT NATURAL RESOURCES SA is endowed with an abundance of natural resources. It is the leading producer of platinum-group metals (PGMs) globally. Numerous listed mining companies operate in SA, which also has world-renowned underground mining expertise. WORLD-CLASS INFRASTRUCTURE AND LOGISTICS A massive governmental investment programme in infrastructure development has been under way for several years. SA has the largest air, ports and logistics networks in Africa, and is ranked number one in Africa in the World Bank’s Logistics Performance Index. 10. SA offers a favourable cost of living, with a diversified cultural, cuisine and sports offering all year round and a world-renowned hospitality sector. EXCELLENT QUALITY OF LIFE Page | 2 19 SOUTH AFRICAN BUSINESS 2020
