|
South Africa has only 4% of the land mass of Africa and yet accounts for more than HALF of the cars, the phones, the banks, and the industrial facilities of the whole continent, It's Gross National Product (GNP) is by far the biggest in Africa - more than Egypt, Nigeria and Kenya COMBINED.
Economy : Upbeat forecasted!
In 2007, GDP of SA would grow over 5% per annum and FDI to South Africa's economy has risen steadily from 14.7% of gross domestic product (GDP) in the first quarter of 2002 to 19.2% of GDP in the last quarter of 2006.
South Africa has a positive business environment, with low political and security risk!
There are almost no restrictions on the form or extent of foreign investment, and incentives include preferential tax treatment as well as those targeting small and medium enterprises, strategic industrial projects and exporters.
|