Upload
vukhue
View
222
Download
6
Embed Size (px)
Citation preview
• 29th largest global economy.
• Upper-middle (World Bank).
• Newly Industrialized country.
• Purchasing Power Parity: 7th in Africa.
• 2.5% annual economic growth
6
ECONOMIC
ECONOMIC ATTRIBUTES
Total Population Size: 52 million
DIVERSITY
80% Black
8.9% Coloured (Mixed Race)
8.7% White
2.6% Indian / Asian
SOCIAL
1.3% Growth
“Sanibonani” (isiZulu)
Goeie more (Afrikaans)
Thobela (Pedi / N. Sotho)
Dumelang
(Setswana)
Ndaa (Tshivenda)
Good morning (English)
Molweni (isiXhosa)
Avuxeni (Xitsonga)
Dumelang
(Sesotho)
Sanibonani (siSwazi)
Lotjani (isiNdebele)
MULTI-ETHNIC SOCIETY
11 official languages, highest in the world.
Rainbow Nation
SOCIAL
11
Johannesburg rated #203 (3 times less than Tokyo) &
Cape Town #205 out of 214 cities.
SOCIAL
Cost Of Living
Source: Mercer 2014
World-class Infrastructure
12
• Modern transportation network • Sophisticated telecommunications facilities
TECHNOLOGICAL
LEGAL FRAMEWORK
15
• Legislation pertaining to commerce, labour and
maritime issues is particularly well developed.
• Laws relating to competition policy, copyright, patents, trademarks and disputes conform to international norms and conventions.
LEGAL
LEGAL FRAMEWORK
16
• The courts are open to foreigners on exactly the same terms and conditions as South African citizens.
• South African banking regulations rank with the best in the world, while the
sector has long been rated among the top 10 globally.
• The JSE Limited rates among the top 20 stock exchanges in the world by market capitalisation. The JSE's rules and their enforcement are based on global best practices.
LEGAL
17
Procedure Time to Complete Number of Days Associated
Cost
Register at the Companies and Intellectual Property Commission (CIPC)
5-7 days ZAR 175
Open a bank account 1-2 days Varies
Register for income tax, VAT, and employee withholding tax (PAYE and SITE) at the South African Revenue Service (SARS)
12 days No charge
Register for unemployment insurance at the Department of Labor
4 days No charge
LEGAL
EASE OF BUSINESS