PEST ANALYSIS

Topics: South Africa, Jacob Zuma, Africa Pages: 3 (641 words) Published: April 17, 2015

PEST ANALYSIS
Political view
South Africa and the United Kingdom have a stable relationship btw the two nations in terms of communication, business partnership and also pretty similar education system. The South African country has one of the most stable governments in the continent and is recognized as one of the emerging markets to invest in compared to the economies of western world (Mail & Gurdian, 2011), The current president Jacob ZUMA (since 9 May 2009) has economic policies that are very attractive to investors with very little restrictions. Taxation policies in South Africa is medium range, due to the rising development projects been carried out by the government to uplift literacy and start new business opportunities around the country to reduce unemployment. Taxes for non-resident companies are 33% and will not be charged on STC (low tax, 2011). VAT stands at 14% which is charged only on companies making more that R1 million per annum (SARS, 2011). Environmental view

In South Africa, the country has an estimated minimum increase in GDP of the country of about 4.4% yearly, the GDP purchasing power parity of 524.341 billion. The high growth rate of the economy is tarnished by the increasing unemployment rate which is pretty high in South Africa of about 24.00% because mainly the disparity in income also the negative effect on inflation rate (3.7%). Social View

The current population of South Africa is said to be around 53 million people as of Jan, 2015 with different kind of ethnicity living in the country from native South Africans to white, coloured, Indian/Asian and so on with the official language spoken in the country to be English while Swahili is common among the locals. There are 9 provinces and has a recognized education level in terms of general education and training, spending on education in the country remains a priority with the finance minister allocating more than R189 billions for pupils to get the right...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Pestle Analysis Essay
  • PESTEL Analysis Essay
  • Pestle Analysis of Starbuck in Ukk Essay
  • J.M. Smuckers External Environmental Analysis Essay
  • Final Analysis on John Lewis Partnership Research Paper
  • PEST analysis of Siemens Essay
  • Pest Analysis Essay
  • Essay about Pestle Analysis

Become a StudyMode Member

Sign Up - It's Free