3. Why South Africa ???? Economic stability & sound macro-economic management Competitive sectors/industries Favourable cost of doing business Skills availability World class financial system Excellent transport & logistical infrastructure Abundant natural resources
4. South Africa – A place of change… Apartheid movement revolutionist – Nelson Mandela in early years…
7. South African Economy 1994 2004 2008 GDP (billions) R 482 R 1 374 US$ 213 R 1 993 US$ 283 GDP per capita R 12 507 R 29 422 US$ 4 561 R 41 066 US$ 5 825 Merchandise exports (billions) R 69, 8 R 281,8 US$ 43,6 R495,8 US$ 70 Total Foreign Debt / GDP 21,8% 20,8% Not available yet GDP Growth 3,2% 3,7% 5,1 % Unemployment 20% 26,5% 23,05% Inflation (CPIX) 9% (CPI) 4,3% 6,5% Prime Rate 15,75% 12% 14,5% (Dec’08)
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