SA – Economy

SOEs are responsible for the development of key infrastructure and manufacturing capacity for South Africa. The SOEs that fall under the jurisdiction of the Department of Public Enterprises are active in: Energy and mining: Alexkor and Eskom Manufacturing: Denel,...

The Johannesburg Stock Exchange (JSE) is privately owned and funded, and governed by a board of directors. Its activities are licensed and regulated by two Acts of Parliament, namely the Stock Exchanges Control Act, 1985, which governs the equities markets, and the...

Banking Industry. South Africa has 31 banking institutions – 10 locally controlled, six foreign-controlled, 13 registered branches and two mutual banks – were reporting data to the Bank Supervision Department of the Reserve Bank. There were also 43 authorised...

The Cooperative Banks for Development Agency was established in 2009 in terms of the Cooperative Banks Act, 2007. Its objectives are to provide for the registration of deposit-taking financial service cooperatives, savings and credit cooperatives, community banks and...

Exchange-control regulations are administered by the South African Reserve Bank on behalf of the Minister of Finance. The Minister of Finance has also appointed certain banks to act as authorised dealers in foreign exchange, as well as authorised dealers with limited...

Animal production contributes approximately 41% to the country's agricultural GDP. About 500 000 people are employed by the industry. Milk production in South Africa contributes approximately 0,5% to the world's milk production. South Africa has four major dairy...

Organic farming avoids the use of synthetic pesticides, herbicides and chemical fertilizers by using a range of techniques that help sustain ecosystems and reduce pollution. There are an estimated 250 farms on 45 000 ha of certifiedland in South Africa. Organic crops...

While the primary agricultural sector contributes about 3% to the country's gross domestic product (GDP), it represents about 7% of formal employment. If the entire value chain of agriculture is taken into account, its contribution to GDP reaches about 12%....

South Africa has a residence-based tax system, which means residents are – subject to certain exclusions – taxed on their worldwide income, irrespective of where their income was earned. Non-residents are, however, taxed on their income from a South African source,...

The green economy is shaping the next wave of industrialisation and is a key sector in the New Growth Path. National Treasury has allocated R800 million over the next two years for South Africa's Green Fund, which aims to provide finance for high-quality, high-impact,...

The Department of Trade and Industry's vision is of a South Africa that has a vibrant economy, characterised by growth, employment and equity, built on the full potential of all citizens. To achieve this, the department has become an outwardly focused,...

Since the end of apartheid foreign trade in South Africa has increased, following the lifting of several sanctions and boycotts which were imposed as a means of ending apartheid. South Africa is the second largest producer of gold and is the world's largest producer...