Although South Africa’s macroeconomic indicators remain soft, recent data shows that foreign investors are continuing to flow into the country as a public sector-backed infrastructure spending campaign is rolled out.
South Africa Economy
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Africa’s second-largest economy, South Africa, has been grappling with headwinds throughout early 2014, although it narrowly avoided slipping into a recession in the second quarter. The country’s long-term fundamentals remain fairly attractive but the new cabinet will have a tricky job stimulating growth over the remainder of the year.
Economic update | South Africa Year in Review 2013
19 Jan 2014
With slow but steady growth in 2013, South Africa saw comparatively reasonable performance last year, although there remains a sense that the resource-rich country is operating below its considerable potential.
Articles & Analysis | Facts for visitors: Useful tips for new travellers from The Report: South Africa 2013
Useful information for visitors to South Africa
Interviews & Viewpoints | OBG talks to Siphiwe Ngwenya, Group CEO, Gauteng Growth and Development Agency (GGDA) from The Report: South Africa 2013
What distinguishes Gauteng’s framework for investor support from those of other provinces?
Articles & Analysis | The business of culture: Promoting the province’s cosmopolitan appeal with shopping and art from The Report: South Africa 2013
Landlocked, small in size, and highly urbanised, Gauteng lacks the natural assets and scenic beauty to vie with the country’s flagship leisure destinations of Cape Town, Durban and the wildlife safaris of the Kruger National Park. Nonetheless, tourism is viewed as a key enabler towards job creation and also plays a role in exposing the province...