Banking Industry

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 representative offices of international banks in South Africa.

The banking industry is characterised by a high degree of concentration, with four banks, namely Absa Bank Ltd, The Standard Bank of South Africa Ltd, FirstRand Bank Ltd and Nedbank Ltd, dominating the sector. The domestic banking sector’s operating environment remained challenging during 2011, however signs of improvement were evidenced compared to 2010.

State-Owned Enterprises

State-Owned Enterprises

SOEs are responsible for the development of key infrastructure and manufacturing capacity for...

JHB Stock Exchange

JHB Stock Exchange

The Johannesburg Stock Exchange (JSE) is privately owned and funded, and governed by a board of...

Exchange Control

Exchange Control

Exchange-control regulations are administered by the South African Reserve Bank on behalf of the...

Livestock

Livestock

Animal production contributes approximately 41% to the country's agricultural GDP. About 500 000...

Organic Agriculture

Organic Agriculture

Organic farming avoids the use of synthetic pesticides, herbicides and chemical fertilizers by...

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