Business in South Africa (BRICS)

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

1. To analyze the South African Economy and Global Trade
2. To know the business opportunities in South Africa
3. To explore the South African trade relations with the country of the student
4. To know the South African Trade Agreements
5. To examine the profile of the South African Businessman
6. To develop a business plan for the South African Market

The Subject “Foreign Trade and Business in South Africa” belongs to the following Online Programs taught by EENI Global Business School:

Masters: Business in Africa, International Business, Foreign Trade.

Doctorate: African Business, World Trade.

Course: Business in Southern Africa.

Languages: or Afrique du Sud Africa do Sul Sudáfrica.

1. Credits of the subject “Doing Business in South Africa”: 3
2. Duration: three weeks

1. South African Ports (Durban, Richards Bay, Port Elizabeth, Cape Town)
2. Trans-African corridors:
   1. North-South Corridor
   2. Tripoli-Windhoek Corridor
   3. Cairo-Gaborone Corridor

South African Preferential Access and Trade Agreements:

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

1. WTO
   1. Agreement on Sanitary and Phytosanitary Measures
   2. GATS
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. WCO
   1. Kyoto Convention
3. Convention Harmonization of Frontier Controls of Goods
4. BIC
5. Chicago Convention (ICAO)
6. IMO
   1. Convention for Safe Containers
   2. Istanbul Convention
7. Customs Convention on Containers - not a member
8. Single African Air Transport Market (SAATM / IATA)

1. Economic Commission for Africa
2. African Union
   1. AU Convention on Combating Corruption
   2. AUDA-NEPAD
3. African Development Bank
4. Africa-Asia Partnership
5. Africa-Korea Partnership
6. Africa-India Cooperation
7. Africa-BRICS
8. BADEA
9. Africa-Japan Cooperation
10. Africa-South America Summit
11. Forum on China-Africa Cooperation

1. WB
2. WTO
3. UN
4. IMF
5. OECD (Key Partner)

1. South Africa has a population of 55 million people.
   1. 79% are classified as African, 9.6% as Whites, 8.9% as colored, and 2.5% are people from India and Asia
2. Area of South Africa: 1,221,037 km²
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, Cape Town, Bloemfontein, Durban and Ekurhuleni
6. Borders of South Africa: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, 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 Business 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.

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
4. There are significant business opportunities in South Africa
5. South Africa is one of the BRICS Countries (Brazil, India, 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)

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 kilometers of the frontier. Access to Limpopo, Gauteng, and Mpumalanga (Maputo Development Corridor), Johannesburg, and Pretoria.

(c) EENI Global Business School (1995-2023)
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