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SOUTH AFRICA YOUR GATEWAY INTO AFRICA

SOUTH AFRICA YOUR GATEWAY INTO AFRICA. OPEN FOR BUSINESS . OUR COUNTRY. Area : 1,219, 090km 2 Population : 44,8 million Currency : R1 = 100 cents Time : GMT + 2 hrs Head of the State : President Thabo Mbeki Business language : English

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SOUTH AFRICA YOUR GATEWAY INTO AFRICA

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  1. SOUTH AFRICA YOUR GATEWAY INTO AFRICA OPEN FOR BUSINESS

  2. OUR COUNTRY • Area : 1,219, 090km2 • Population : 44,8 million • Currency : R1 = 100 cents • Time : GMT + 2 hrs • Head of the State : President Thabo Mbeki • Business language : English • Total GDP 2005 : US $ 213 billion • GDP per capita (PPP): US $ 12 100 • Real GDP Growth : 4.8%

  3. OUR LOCATION STRATEGIC GEOGRAPHIC POSITION TO GLOBAL SHIPPING ROUTES

  4. IN AFRICA • 6% OF AFRICA’S POPULATION • 18% OF AFRICA’S GDP • 45% OF AFRICA’S MINERAL PRODUCTION • 50% OF AFRICA’S PURCHASING POWER • DYNAMIC FORCE IN SADC • DRIVING FORCE BEHIND NEPAD

  5. SOUND ENVIRONMENT • PROGRESSIVE LEGAL FRAME WORK • FINANCIAL SYSTEM ROBUST AND WELL REGULATED • WORLD’S 17TH LARGEST STOCK EXCHANGE (JSE) • SA FUTURES EXCHANGE (SAFEX) • SA BOND EXCHANGE (BESA) Johannesburg Securities Exchange

  6. OUR INFRASTRUCTURE • Roads & Rail • Extensive road and rail network across South Africa which connects with Sub-Saharan African region • Ports • Strategic ports are located in Durban, Cape Town, Port Elizabeth, East London, Richards Bay, and Saldanha Bay. • Together these handle over 13,000 vessels and 188 million tons cargo a year. Airports • Approximately 148 licensed airports/ aerodromes • 9 major airports • 20 scheduled domestic airlines licensed to provide air services

  7. 99.8% digital, optic fiber based, 120gbps to us • Global connectivity, 3 submarine cables, satellite earth stations • Direct dialing 235 countries, VOIP technology Network • Digital transmission speeds of 120 mbps to 155mbps • Convergence of voice, data, e-commerce and web services • High capacity technology and broadband wireless • Space stream and satellite networking technology Broadband infrastructure Reliability • Up to 99% up-time for end to end domestic fiber networks South Africa offers telecommunications infrastructure with world-class connectivity and uptime

  8. OUR ECONOMY • 26 Quarters of consecutive growth • Consumer and Business confidence at 25 year high’s • Inflation and interest rates are at 25 year low’s • 2004-2005: 300 000 new jobs created (formal sector) • FDI into SA increased eightfold to around $8bn • Ranked 42nd on World Competitiveness Report • 19 SA Companies ranked on Fortune’s Global 2000 “South Africa is poised on the edge of Greatness ….it is a great place to do business because of its political stability: the country has a modern economic policy which is in tune with global imperatives” Peter Hain , British Minister for Africa

  9. INVESTMENT CLIMATE • INCREASED GROSS FIXED CAPITAL FORMATION • INCREASED FOREIGN PURCHASES OF SA EQUITIES • CONSTRUCTION BOOM NEW PROJECTS WORTH R4 BILLION • GOVERNMENT INFRASTRUCTURE PROJECTS R 370 BILLION “SA’s financial stability ratio’s are all good. But SA’s most important feature, which other emergingmarkets don’t have is it’s safeguards in the form of sound company law and strict stock exchange rules and regulations.” John Gnodde Chief Executive , Brait Private Equity.,

  10. RECENT INVESTMENTS • BARCLAYS: R33 BILLION (Financial sector) • VODAFONE: R 21 BILLION (Telecommunication) • BHP BILLITON: R 4.4 BILLION (Mining) • VSNL/ TATA: R 1.2 BILLION ( Telecommunication) • TALK TALK (UK): R 200 MILLION ( BPO/ CALL CENTERS) • IFA HOTELS & RESORTS:R 1 BILLION(Tourism) • MAN FERROSTAAL: R 1.8 BILLION (MINING)

  11. INDUSTRIAL CAPABILITY AUTOMOTIVES • The leading manufacturing sector in South Africa. • Comprising 6.6% of GDP and 84% of Africa’s vehicle production. • All major Original Equipment Manufacturers (OEMs) are represented in South Africa. • Mercedes-Benz C class RHD, BMW 3-Series, Toyota Corolla, Ford engines and VW Golf/ Jetta are built in South Africa. • Contract to build Hummer H3 • South Africa is the 3rd largest supplier of catalytic converters to the USA, after Germany and Japan.

  12. Made by South Africans Murray&Roberts Dubai Burj Al Arab

  13. OPPORTUNITIES 2010 SOCCER WORLD CUP

  14. OPPORTUNITIES • AGRO – PROCESSING, BIO FUELS • AUTOMOTIVES • CHEMICALS AND ALLIED INDUSTRIES • ELECTRO TECHNICAL • BUSINESS PROCESS OUTSOURCING / CALL CENTERS • CLOTHING, TEXTILES, LEATHER AND FOOTWEAR • TOURISM • MINING AND METAL INDUSTRIES

  15. “For to be free is not merely to cast off one's chains, but to live in a way that respects and enhances the freedom of others.”Nelson Mandela

  16. THANK YOU

  17. CONTACT US SOUTH AFRICAN CONSULATE GENERAL SUITE 600 200 SOUTH MICHIGAN AVENUE CHICAGO, IL 60604 PH. 312 939 7929 FAX. 312 939 2588 EMAIL. cmanuel@thedti.gov.za

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