South Africa Economy

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In spite of the domestic challenges the government must navigate, South Africa maintains a robust diplomatic presence. Its transition from apartheid to democracy resulted in a significant readjustment of its foreign relations in 1994, which saw it join the South African Development Community, the Organisation of African Unity – replaced by the...

 

Understanding South Africa’s history is integral to making sense of its current political and economic issues. From the first arrival of Dutch colonists in the 1600s through to the early 1900s, European colonials treated South Africa’s indigenous majority as second-class citizens at best and slave labour at worst. This arrangement continued...

 

ETIQUETTE: South Africa is a diverse, mixed and free society, and there is little in the way of cultural norms or sensitivities which if not adhered to could cause offense. Business etiquette is very much similar to that of Europe and North America.

 

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Renamed KwaZulu-Natal (KZN) in 1994 following the merging of Natal province with KwaZulu, KZN is South Africa’s second largest provincial economy, serving as a strategically important base for manufacturing and exports. Also known by its nickname “the garden province”, KZN is a popular domestic tourism destination throughout the year, offering subtropical coastline in...

As one of South Africa’s three main urban centres, Durban plays a central economic and social role in KwaZulu-Natal (KZN). For FY2013, the city posted a GDP growth rate of 2.6%, behind only Johannesburg (2.75%), and well ahead of the national rate of 1.89%. The main sectors contributing to Durban’s economic growth were manufacturing (22%), finance (22%), community...

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