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Less than 70% of SMEs have access to credit. What is the importance of the South African SME sector? SME’s are lifeline for employment as the unemployment rate in South Africa is very high, and the we can’t only rely…
Afric Oil now owns 1% of the total distribution. How did this evolution occur? The government helped as a result of the Black Economic Empowerment. Afric Oil won a sizeable contract to supply TransNet in the late nineties. Many companies…
Official Country Name: Republic of South Africa Head of state: President Jacob Zuma Capital City: Pretoria (executive), Cape Town (legislative), Bloemfontein (judicial) Population: 54,300,704 Area (km²): 1,219,090 km2 Main Religion: Christianity Currency: Rand GDP per capita: US$13,225 Industries: Mining (world’s…
What makes South Africa an exciting place to invest? ◊ The country’s middle class is burgeoning under the BEE programme, and consumer industries have added another pillar to its economy. Few countries are experiencing such an expansion of their middle-class,…
Few countries, even in Africa, are so entangled in the complexities of their past as South Africa. A recent proposal from the Minister of Arts and Culture to change the country’s name to Azania is symbolic of just how early…
