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,…
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…
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…
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…
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…
The country is also the world’s largest producer of platinum, in addition to being a major global supplier of gold, coal, diamonds and manganese, as well as a variety of other minerals. Despite its large and diversified economy, South Africa continues to face economic hurdles, including high unemployment, currency volatility, power outages and frequent labour stoppages.
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Etiquette South Africa is a diverse, mixed and free society, and there is little in the way of cultural norms or sensitivities which if not adhered to could cause offense. Business etiquette is very much similar to that of Europe and North America. Language South Africa has 11 official languages, with English being the lingua franca in business and government settings. English is also the most commonly…
OBG introduces the reader to the different aspects of the legal system in South Africa, in partnership with Cliffe Dekker Hofmeyr. OBG talks to Brent Williams, CEO, Cliffe Dekker Hofmeyr, on South Africa’s evolving legal and business environment.…
