South Africa
South Africa
Table of Contents Executive Summary 3 Reason for your selection 5 Country Background 6 Environmental Analysis 9 PESTLE Analysis 9 Political 9 Economic 10 Social 12 Technology 13 Environment 14 Balance of payment 15 Short History 15 Forecast and rationale 16 Trade Balance 19 Trade Agreements 19 History 20 Forecasts and rationale 23 Exchange rate policy 23 Forecasts and rationale 24 Growth rate of the economy 25 Short history 25 Forecasts and rationale 25 Conclusion 26 References 27
Executive Summary South Africa has the largest economy in Africa. South Africa’s economy has been growing at almost 5% a year for the past several years 32 consecutive quarters of positive growth. Not only is South Africa itself an important emerging economy, it is also the gateway to other African markets.
For the political situation in South Africa, they face adversity continuously. As for their ecological and economical status, they rank as the highest nation with biodiversity in the world. As for South Africa’s legislation, they face a few boundaries with their mixed/hybrid gal system. South African trade policy is composed due to their composition and aggregate growth of trade. South Africa has a mixed economy with high rate of poverty and low GDP per capita. The have a large mass media sector that commonly uses the English language. In the technological aspect, ecommerce is incredibly limited while small portion is advanced. The current account deficit would widen till 2025 since the imports will grow quickly than the exports in the medium term. There is a robust domestic demand with the rising middle class in South Africa indicating the strong demand for imports. Even though the exports are projected to accelerate over the medium term, there are some risks related to the exports of South Africa if the EU and US could not solve its problem Each country has its own
Table of Contents Executive Summary 3 Reason for your selection 5 Country Background 6 Environmental Analysis 9 PESTLE Analysis 9 Political 9 Economic 10 Social 12 Technology 13 Environment 14 Balance of payment 15 Short History 15 Forecast and rationale 16 Trade Balance 19 Trade Agreements 19 History 20 Forecasts and rationale 23 Exchange rate policy 23 Forecasts and rationale 24 Growth rate of the economy 25 Short history 25 Forecasts and rationale 25 Conclusion 26 References 27
Executive Summary South Africa has the largest economy in Africa. South Africa’s economy has been growing at almost 5% a year for the past several years 32 consecutive quarters of positive growth. Not only is South Africa itself an important emerging economy, it is also the gateway to other African markets.
For the political situation in South Africa, they face adversity continuously. As for their ecological and economical status, they rank as the highest nation with biodiversity in the world. As for South Africa’s legislation, they face a few boundaries with their mixed/hybrid gal system. South African trade policy is composed due to their composition and aggregate growth of trade. South Africa has a mixed economy with high rate of poverty and low GDP per capita. The have a large mass media sector that commonly uses the English language. In the technological aspect, ecommerce is incredibly limited while small portion is advanced. The current account deficit would widen till 2025 since the imports will grow quickly than the exports in the medium term. There is a robust domestic demand with the rising middle class in South Africa indicating the strong demand for imports. Even though the exports are projected to accelerate over the medium term, there are some risks related to the exports of South Africa if the EU and US could not solve its problem Each country has its own
References: Africa, T. f. (2012, 05 15). Retrieved from http://promote.caixin.com/2012-05-15/100390432.html: www.adatum.com Central Bank of South Africa DTI. (2012, 10 31). Trade Date. Retrieved 1 2, 2013, from Department of Trade and Industry ( Republic of South Africa): tradestats.thedti.gov.za/TableViewer/tableView.aspx?Reportld=78 Economy Edvards, L., & Alves, P. (2005). South Africa 's Export Performance. University of Cape Town, School of Business . Cape Town: World Bank. Global Finance . (2012, August 1). South Africa Profile. Retrieved January 4, 2012, from Global Finance : www.gfmag.com/gdp-date-country-reports.176-south-africa-gdp-country-report.html#axzz2HhUGZZEX Laurence , D National Treasury (Republic of South Afrcia). (2012, October 15). Medium Term Budget Policy Statement 2012. Retrieved January 4, 2013, from National Treasury : www.treasury.gov.za/documents/mtbps/2012/mtbps/MTBPS%2012%20Full%20Document.pdf South Africa TIPS. (2011, July). South Africa Trade Trend. Retrieved 01 4, 2013, from TIPS : www.tips.org.za/files/datanote_-_overview_of_sa_asia_eu_trade_july2011_final_1.pdf Xiaojing, Z zxbin. (2010, 06 29). The development of SA 's economy, making us to learn. Retrieved from http://bbs.qz828.com/forum.php?mod=viewthread&tid=94468: www.adatum.com