Ex Comm

SOUTH

AFRICA

Presented By ::• Ankit Saxena – Infrastructure + intro• Damodar Sikaria – slide no 12 and 13• M.Sirajuddin – slide 11 and conclusion• Ankur Solanki – slide no 7• Radhika Goel – slide 4 and 5• Garishma Bhatia – slide 10 • Vikas Sharma – slide no 6

Why South Africa ????Economic stability &

sound macro-economic management

Competitive sectors/industries

Favourable cost of doing business

Skillsavailability

World class financial system

Excellenttransport &logistical

infrastructure

Abundantnatural

resources

South Africa – A place of change…

Apartheid movement revolutionist – Nelson Mandela in early years…

A journey of CHANGE !!!

•Area 1,219, 090 km2

•Population 44,8 million

•Currency R1 = 100 cents

•Time GMT + 2 hrs

•Head of the State: President Thabo M Mbeki

•11 Official languages with English - business language

•Exports: Minerals, diamonds, metals and

metal products, food products & automotive components.

•Main trading partners: Germany, USA, China, Japan &

the UK.

South Africa at a glanceSouth Africa at a glance

South African EconomySouth African Economy

  1994 2004 2008

GDP (billions) R 482 R 1 374

US$ 213

R 1 993

US$ 283

GDP per capita R 12 507 R 29 422

US$ 4 561

R 41 066

US$ 5 825

Merchandise exports

(billions)

R 69, 8 R 281,8

US$ 43,6

R495,8

US$ 70

Total Foreign Debt / GDP 21,8% 20,8% Not available yet

GDP Growth 3,2% 3,7% 5,1 %

Unemployment 20% 26,5% 23,05%

Inflation (CPIX) 9% (CPI) 4,3% 6,5%

Prime Rate 15,75% 12% 14,5% (Dec’08)

The Effect……

• Hosting of major events :– 2010 Soccer World Cup.– IPL 2009– Cricket World Cup…..

• Fixed Investment in various industries increased 3 folds (past 1 decade).

• Ranked 31st for attracting FDI….

Strategic Position to global Shipping Strategic Position to global Shipping RoutesRoutes

South Africa Tourism….

Strengths of South Africa’s provinces

•

Western Cape:•Tourism•Agro-processing•Biotechnology•Petrochemicals•Clothing and textiles•Fishing

Northern Cape:•Agro-industries•Transport and storage•Mining and beneficiation

North West:•Agro-processing•Bio-fuels•Leather products•Mining

Limpopo:•Food processing•Agri-business•Mining•Fertilisers and pesticides •Energy

Mpumalanga:•Tourism•Mining (Coal)•Forestry •Agriculture•Agro-processing

Gauteng:• Financial and business

services• ICT• Pharmaceuticals• Food and beverages• Mining

Free State:•Agriculture•Agro-processing•Machinery and equipment•Mining and beneficiation

Eastern Cape:•Agriculture and forestry•Aquaculture•Automotive•Clothing and textiles•Leather and leather products

KwaZulu-Natal:•Aluminium•Automotive•Petrochemicals•Wood and wood products•Tourism•Clothing and textiles

Finally….• One of the most sophisticated and

promising emerging markets.

• Gateway to Africa.

• Ranked 28th in the world for the ease of doing business.

• One of the world’s top 20 exchanges.

• World’s top producer of minerals.

• A win-win opportunity for all…….