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Analysis

South Africa's ICT sector invests in new high-speed services and infrastructure
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Despite ongoing challenges in obtaining the spectrum necessary for 4G long-term evolution (LTE) services, South Africa’s ICT sector has seen a number of operators invest billions in rolling out new services and infrastructure as demand for high-speed mobile services soars. Innovation plays a key role in many new offerings, which include pre-paid 4G LTE SIM cards and voice over LTE (VoLTE) services,…

Analysis

South Africa aiming to become top destination for business travel
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Although South Africa’s scenery, wildlife, beaches and wine have kept leisure tourism as the sector’s key contributor, business tourism is on the rise. Recognised as an important untapped segment within the powerhouse that is South Africa’s tourism industry, business tourism has become a key priority for the government in recent years, and it is hoping that by targeting business travel, the number…

Analysis

South Africa balancing demand for staple crops following drought
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South Africa is a major producer of maize, which is used to produce both food staples and animal feed for the domestic market, and is also exported. The drought of early 2015 affected production badly, but the outlook is more positive for the crop, which has been increasingly favoured over wheat. Summer Crops South Africa will produce a total of 11.9m tonnes of summer crops in 2015, down from 16.45m…

Analysis

Land reform seeks to address South Africa's historical imbalances
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The issue of land reform is one of the thorniest topics that South Africa faces, with serious social, economic and political implications. The apartheid regime left land concentrated in the hands of the white minority, a situation that has proved difficult to redress fairly and efficiently. Land reform is closely connected to the agricultural sector, where the government’s latest proposals are an…

Analysis

Incentives and low production costs draw international filmmakers to South Africa
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An increasing appetite for domestic content and a rising appreciation by foreign filmmakers of South Africa as a filming location should sustain growth in the country’s entertainment industry, with the sector’s expansion set to outpace that of the broader economy in the years ahead. South Africa’s film entertainment market is projected to grow by 6.4% in 2015, generating earnings of R2.76bn…

Overview

South Africa celebrates progress made since end of apartheid era
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Understanding South Africa’s history is integral to making sense of its current political and economic issues. From the first arrival of Dutch colonists in the 1600s through to the early 1900s, European colonials treated South Africa’s indigenous majority as second-class citizens at best and slave labour at worst. This arrangement continued largely unabated in the Union of South Africa, which was…

Overview

South Africa remains at forefront of growth and development on the continent
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In 2015 South Africa celebrated two decades since the end of the apartheid system, a watershed moment that in many ways marked the rebirth of the country. The 1994 elections – the country’s first multi-racial and fully open polls – were fêted around the world, and such was the momentousness of the occasion that people across the country waited in queues for hours to vote. The years since 1994…

Overview

External factors challenge South Africa's record of strong economic growth
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South Africa’s economy has experienced relatively slow growth in recent years, and GDP has not risen by the rates seen prior to the global financial crisis of 2008-09. The country is suffering from the same global trends as many other developing markets, with falling commodity prices and the threat of rising interest rates taking their toll. However, South Africa benefits from a number of comparative…

Overview

New guidelines for South Africa's banking sector to increase stability in the long term
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The South African banking sector is well regulated and capitalised, as well as efficiently run. Its institutions are not only the top in the region by many measures, but rank highly globally and are potentially competitive in the developed world. Regulatory changes are set to further improve banking in South Africa in terms of soundness, stability and the treatment of customers. The sector is, however,…

Overview

Johannesburg Stock Exchange seeks to establish South Africa as a global trading centre
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The capital markets in South Africa are defying the economy they are situated in, indeed emerging markets as a whole. While economic growth is sluggish, stock prices are rising, and hitting new highs, and a record number of offerings are being issued to the public. Technical and regulatory improvements at the Johannesburg Stock Exchange (JSE) are continuing apace. The JSE is the best-regulated market…