Business in South Africa, Johannesburg

The aims of the subject “Foreign Trade and Business in the Republic of South Africa” are the following:

1. To analyse the South African Economy and Foreign Trade (Import, Export, FDI)
2. To know the business opportunities in the Republic of South Africa
3. To explore the South African trade relations with the country of the student
4. To know the South African Free Trade Agreements (FTAs)
5. To examine the profile of the South African Businessman
6. To develop a business plan for the South African Market

South African Preferential Access and Free Trade Agreements

1. South Africa and the Southern African Economic Area
2. Southern African Development Community (SADC)
   1. European Union-SADC Free Trade Agreement (FTA)
3. COMESA-EAC-SADC Tripartite Agreement
4. Southern African Customs Union (SACU)
   1. India-Southern Africa Customs Union (SACU) Agreement
   2. EFTA-Southern African Customs Union (SACU) Free Trade Agreement (FTA)
   3. United Kingdom-SACU and Mozambique Economic Partnership Agreement
   4. MERCOSUR-Southern African Customs Union (SACU) Preferential Trade Agreement
5. African Continental Free-Trade Area (AfCFTA)
6. Indian-Ocean Rim Association (IORA)
7. African Growth and Opportunity Act (AGOA) Africa-United States
8. Trade Agreements with Cameroon and Malawi
9. EU-South Africa Trade and Cooperation Agreement
10. BRICS Countries

Trade Facilitation Programs

1. World Trade Organisation (WTO)
   1. WTO Agreement on Sanitary and Phytosanitary Measures (SPS)
   2. WTO General Agreement on Trade in Services (GATS)
   3. WTO Agreement on Technical Barriers to Trade (TBT)
   4. WTO Agreement on Preshipment Inspection (PSI)
   5. WTO Agreement on Safeguards (SG)
   6. WTO Trade Facilitation Agreement (TFA)
2. World Customs Organisation (WCO)
   1. Revised Kyoto Convention (RKC)
3. International Convention on the Harmonization of Frontier Controls of Goods (UNECE)
4. International Bureau of Containers and Intermodal Transport (BIC)
5. International Civil Aviation Organisation (ICAO, Chicago Convention)
6. International Maritime Organisation (IMO)
   1. International Convention for Safe Containers (CSC)
   2. Convention Relating to Temporary Admission (Istanbul Convention)
7. Customs Convention on Containers (CCC, UN) - not a member
8. Single African Air Transport Market (SAATM / IATA)

African Trade and Economic Organisations

1. Economic Commission for Africa (ECA)
2. African Union (AU)
   1. African Union Convention on Preventing and Combating Corruption
   2. African Union Development Agency (AUDA-NEPAD)
3. African Development Bank (AfDB)
4. Africa-Asia Strategic Partnership (NAASP)
5. Africa-Korea Partnership
6. Africa-India Framework for Cooperation
7. Africa-BRICS (Brazil, Russia, India, China, South Africa)
8. Africa-Turkey Partnership
9. Afro-Arab Cooperation
10. Arab Bank for Economic Development in Africa (BADEA)
11. Africa-Japan Cooperation (TICAD)
12. Africa-South America Summit (ASA)
13. Forum on China-Africa Cooperation

Global Economic Organisations

1. World Bank (WB)
2. World Trade Organisation (WTO)
3. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD)
   2. International Trade Centre (INTRACEN)
   3. World Intellectual Property Organisation (WIPO)
4. International Monetary Fund (IMF)
5. Organisation for Economic Cooperation and Development (OECD) (Key Partner)
   1. OECD anti-corruption measures

South Africa

1. South Africa has a population of 55 million people.
   1. 79% are classified as African, 9.6% as Whites, 8.9% as Coloured, and 2.5% are people from India and Asia
   2. Bantu
2. Area of South Africa: 1,221,037 square kilometres
3. South African Capital: Pretoria (Executive power), Bloemfontein (judicial power), and Cape Town (legislative)
4. Johannesburg is the largest city in South Africa (957,441 people)
5. Largest cities: Johannesburg, Pretoria, Bloemfontein, Durban, and Ekurhuleni
6. Borders of South Africa: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini (Swaziland), and Lesotho
7. Official languages of South Africa (11): Afrikaans, English, isiNdebele, isiXhosa, isiZulu, Sesotho sa Leboa, Sesotho, Setswana, siSwati, Tshivenda, and Xitsonga

More information about South Africa (EENI African Portal).

Main religions in South Africa:

1. Almost 80% of the South African people are Christians
   1. Catholicism
   2. Protestants (30 million, 68% of the population, Methodists: 4 million)
   3. Anglicans
2. African Traditional Religions

South Africa belongs to the Southern African Economic Area (African Civilisation).

Economy of South Africa.

1. South Africa is one of the most promising emerging markets (BRICS countries), and the second African Economy after Nigeria
2. Not only South Africa is a significant emerging economy, but is also the gateway to the other Southern African Markets
3. South Africa is a highly developed country with good infrastructures and a good climate for the foreign direct investment (FDI)
4. There are significant business opportunities in South Africa
5. South Africa is one of the BRICS Countries (Brazil, Russia, India, China, and South Africa)
6. The Republic of South Africa is the second economic powerhouse of Africa.
7. The economy of South Africa has been growing since September 1999.
8. South Africa is leading the industrial production, mineral production and electricity in Africa

South Africa is the first African car-maker (76% of the total African production).

1. The Business Process Outsourcing is one of the fastest growing economic sectors in South Africa. The Call centre industry employs 54 000 call centre agents
2. The South African manufacturing sector is the most developed in Africa
3. The Motor vehicle industry in South Africa accounts for 10% of the manufacturing exports
4. State-owned companies have a critical function in the economy
5. The South Africa Stock Exchange ranks among the top 20 in the World.
6. Legal Framework of South Africa is well-developed
7. The Republic of South Africa has a modern and efficient infrastructure
8. Many multinational companies are established in the country to export products and services to the Southern African region
9. The Black Economic Empowerment is a policy instrument intended at broadening the economic base of South Africa, further stimulating the economic growth and creating jobs while eradicating the poverty
10. The United States is the largest trading partner of South Africa (is a beneficiary of AGOA)

South Africa: The economic growth engine in the Southern Africa region.

The largest South African Ports:

1. Port of Durban
2. Richards Bay
3. Port of East London
4. Ngqura
5. Port Elizabeth
6. Mossel Bay
7. Cape Town
8. Saldanha

Nearest foreign ports:

Port of Walvis Bay (Namibia).

1. Via Trans-Orange Corridor: Northern Cape, Upington
2. Via Trans-Kalahari Corridor: Gauteng, Johannesburg, and Pretoria

The Port of Maputo (Mozambique) is located to 120 kilometres of the frontier. Access to Limpopo, Gauteng, and Mpumalanga (Maputo Development Corridor), Johannesburg, and Pretoria.

Business in Durban (South Africa)