One of the top manufacturing powerhouses on the continent, South Africa has a strong industrial tradition dating back 150 years. The past few decades, however, have posed challenges to the industry, with external and domestic factors weighing on sector growth. To help revitalise the industry, the government and industry leaders have been working to stoke growth and develop value-added...
South Africa Retail
Chapter | Industry & Retail from The Report: South Africa 2016
The second-largest economy in Africa after Nigeria, South Africa benefits from some of the most sophisticated financial markets in the world, paired with a robust regulatory system, and is also home to the headquarters of a number of major multinational players in the fields of industry, energy and financial services.
Displaying 1 - 6 of 7
The second-largest economy in Africa after Nigeria, South Africa benefits from some of the most sophisticated financial markets in the world, paired with a robust regulatory system, and is also home to the headquarters of a number of major multinational players in the fields of industry, energy and financial services.
Chapter | Industry & Retail from The Report: South Africa 2014
Manufacturing constitutes South Africa’s second-largest economic sector and currently accounts for 15.2% of GDP, as well as being responsible for the creation of roughly 1.7m jobs. It also ranks among the top three sectors in terms of multiplier effect. The sector’s contribution to GDP has, however, been steadily declining over the past three decades, having accounted for 19% of GDP in 1990...
In April 2014 South Africans celebrated the 20th anniversary of both the end of apartheid and the creation of the modern Republic of South Africa. These two events highlight just how far South Africa has come in the past two decades, during which the nation’s numerous assets have contributed to its rise as one of Africa’s leading economic and diplomatic players.
Chapter | Industry & Retail 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. Like many comparable economies, recent decades have seen the nation’s economic activity tilt away from traditional industry towards a more service-based economy. However, various plans are in place for...
With a long-established track record as the continent’s largest financial platform and one of the world’s biggest mining producers, South Africa has significant economic clout in the region.
South Africa’s retail sector is marked by a mixed system featuring elements of both traditional and modern retailing. In recent years rising retail spending has been driven by a growing middle class and increased access to finance. According to data from Statistics South Africa, retail was the fastest-growing segment of GDP in the third quarter of 2011, and added 48,000 jobs in the fourth quarter...