Despite having the smallest land area of South Africa’s nine provinces at 16,548 sq km, Gauteng is the largest contributor to the national economy contributing around $85.33bn and growing at a rate of 3%. The tertiary sector is the main driver of the local economy and makes up 71% of Gauteng’s GDP, led by finance, real estate, and business and government services. While Gauteng accounts for most...
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With a gross GDP of approximately R3.2trn ($390bn) as of year-end 2012, South Africa has the largest economy in Africa and the 28th largest globally. Industrial strife and policy uncertainty, however, have become key sources of investor concern of late. Recent years of slowing growth have failed to make much of a dent in structurally high unemployment and inequality, although a new government-...
Chapter | Country Profile from The Report: South Africa 2013
Often referred to as the Rainbow Nation, South Africa has a heterogeneous population that reflects its rich and sometimes turbulent history. Recent times have seen the country score a number of high-profile successes, such as inclusion in the BRICS bloc, as a result of strong economic performance. South Africa benefits from strong ties with a number of major global powers, among which its single...
The weakening of the lira could herald further problems for the cooling Turkish economy, with growth forecasts being scaled back and an expanding trade deficit taxing government efforts to keep interest rates low and inflation under control.
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.
Aujourd’hui encore, la quasi-totalité du commerce extérieur algérien et des investissements étrangers vers le pays se concentre dans le secteur des hydrocarbures mais la situation devrait changer.