As the continent’s most developed insurance sector, South Africa’s insurance market accounts for some 52% of African non-life premiums. It presents fundamentals for significant growth in coming years, with insurance penetration of some 12.9%, according to global accountancy PwC. The domestic life and non-life segments rank 13th and 19th in size...
South Africa
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Interviews & Viewpoints | OBG talks to Stephen van Coller, Chief Executive of CIBW, Absa and Barclays Africa from The Report: South Africa 2013
How do you explain the mismatch between muted growth and performance of the stock exchange?
Interviews & Viewpoints | OBG talks to Riaan Stassen, Chief Executive, Capitec Bank from The Report: South Africa 2013
Articles & Analysis | Cogs, wheels and pistons: Manufacturing and industry account for nearly one-third of GDP from The Report: South Africa 2013
Industrial activity plays a central role in the South African economy, accounting for around 31.6% of GDP in 2011, and employing a large portion of the population in labour-intensive processes. The nation’s comparatively well-established legal framework and well-developed infrastructure have enabled it to become Africa’s...
Articles & Analysis | Taxes and spending: Efforts are being made to balance the budget via long-term development plans from The Report: South Africa 2013
The endorsement of the National Development Plan (NDP) by the ruling African National Congress’s (ANC) Mangaung policy conference in December 2012 was an encouraging sign for South Africa’s private sector. Further, the election of one of the NDP’s chief architects, billionaire businessman Cyril Ramaphosa, as deputy president of the ANC reflected...
Interviews & Viewpoints | OBG talks to Anand Sharma, Indian Minister of Commerce and Industry from The Report: South Africa 2013
To what extent can members of IBSA and BRICS improve coordination on global trade issues?