Economy

South Africa is the largest economy in Africa. While much of the world staggered in the wake of the recent global financial meltdown, South Africa has managed to stay on its feet – largely due to its prudent fiscal and monetary policies.

The country has a well-capitalised banking system, abundant natural resources and well-developed regulatory systems, as well as research and development capabilities, and an established manufacturing base.

South Africa’s economy has a marked duality, with a sophisticated financial and industrial base, having grown alongside an underdeveloped informal economy. In its 2012/13 Global Competitiveness Report, the World Economic Forum ranked South Africa second in the world for the accountability of its private institutions, and third for its financial market development. Its securities exchange is ranked among the top 20 in the world in terms of size.

Organic Agriculture

Organic Agriculture

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

Agri Eco Contribution

Agri Eco Contribution

While the primary agricultural sector contributes about 3% to the country's gross domestic product...

Taxation

Taxation

South Africa has a residence-based tax system, which means residents are – subject to certain...

Green Economy

Green Economy

The green economy is shaping the next wave of industrialisation and is a key sector in the New...

Trade and Industry

Trade and Industry

The Department of Trade and Industry's vision is of a South Africa that has a vibrant economy,...

Foreign Trade

Foreign Trade

Since the end of apartheid foreign trade in South Africa has increased, following the lifting of...

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