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Business in SA
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[SA Yearbook 2007/8]
South Africa is a leader in ICT development in Africa and ranked the 20th-largest consumer of IT products and services in the world. The country's network is 99% digital and includes the latest in fixed-line, wireless and satellite communications. International connections are being boosted through the submarine cable initiatives, such as SEACOM, EASSy and ACE.
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Doing business in South Africa....
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South Africa is the right place to be right now. We offer a dynamic emerging market, a stable society, and infrastructure on par with the world's best.
South Africa is a leader in ICT development in Africa and ranked the 20th-largest consumer of IT products and services in the world. The country's network is 99% digital and includes the latest in fixed-line, wireless and satellite communications. International connections are being boosted through the submarine cable initiatives, such as SEACOM, EASSy and ACE.
Sustained macro-economic reform has boosted competitiveness, growing the economy, creating jobs and opening South Africa up to world markets. South Africa remains one of the lowest-cost places in the world to do business.
Several sectors have been singled out by policy-makers for their outstanding growth potential. These sectors account for over 22% of GDP, employ 23% of the workforce, and contribute over 55% to foreign exchange earnings. High-potential sectors include ICT and telecommunications, business process outsourcing, chemicals, tourism, mining and metals, agro-processing, community and social services, wood and paper production, appliances, and the retail and construction industries.
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General Info |
| Official name: Republic of South Africa |
| Capital: Pretoria |
| Total land area: 1 219 912 square kilometres (471 011 square miles) |
| Total coastline: 2 798 kilometres (1 739 miles) |
| Population (2007): 47.9-million |
| Currency: The rand. R1 = 100 cents |
| Total GDP (actual, 2006): R1 741-billion |
| Real GDP growth (2006): 5.4% |
| Inflation (CPIX, 2006): 4.6% |
| Official languages: Afrikaans, English, isiNdebele, isiXhosa, isiZulu, Sepedi, Sesotho, Setswana, siSwati, Tshivenda and Xitsonga |
| Provinces: Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Limpopo, Mpumalanga, Northern Cape, North West, Western Cape |
| Further information - click here |
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