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Economic Data in South Africa

Economic Data: (Central Intelligence Agency, 2019) (South Africa Interest Rate, 2019) (International Trade Centre,2017) Interest Rates 6.5% Unemployment (Central 27.5% (2017) Intelligence Agency, 2019) Inflation (Central 5.3% (2017) Intelligence Agency, 2095) GDP real growth rate 1.3% (2017) (Central Intelligence Agency, 2019) Exchange Rates (Central 13.67 Rand (ZAR) = $1.00 USD (2017) Intelligence Agency, 2019) Exchange Rate Regime Flexible (International Trade Centre, 2019) GDP (Central Intelligence 349.3 billion (2017) Agency, 2019) Labor Force (Central 22.19 million (2017) Intelligence Agency, 2019) Major Industries (Central mining (world's largest producer of Intelligence Agency, 2019) platinum, gold, chromium), automobile assembly, metalworking, machinery, textiles, iron and steel, chemicals, fertilizer, foodstuffs, commercial ship repair FDI Rates (International 1,324.7 Million (U.S.) (Inflow as of 2017) Trade Centre, 2019) Physical Infrastructure: (World Port Source, 2019) (World Aero Data, 2019) (African Telecoms News, 2009) (The World Bank, 2018) Major Airports/Seaports Seaports with container liner service (World Port Source, 2019): Port of Cape town, Port of Durban, Port of East London, Port of Elizabeth, Port of Richards Bay Airports (World Aero Data, 2019): OR Tambo, Lanseria International, Cape Town International, King Shaka International and Nelspruit International Airport Illustration below 29,322,380 54% of population (2016) Railway Stations (Government websites) Internet Users (Central Intelligence Agency, 2015) Mobile Providers (African Telecoms News, 2009) Logistics Performance Index Rating (The World Bank, 2018) Cell C (Pty) Ltd, MTN, Vodacom (Pty) Ltd. Rank: 33 Score: 3.38 Major Railway Stations and Lines Messina Windhoek Louis Trichardt Waluis Bay OZAMETOU Gaboronee Lobatse Pretoria Komatipoort Johannesburg Maputo ermiston Keetmanshoop roons Kimberley Ladysmith Jpingtor The Blue Train Bloemfontein Pietermaritzburg Premier Classe trains De Aar Shosholoza Meyl Tourist Class Noupor Durban Shosholoza Meyl Economy Class Other rail routes Beaufort West East London Cape Town Worcester Port Elizabeth (Seat61,2019) Business Observations: Distribution routes are easily accessible with multiple ports throughout the coastal regions international airports and an established railroad system. All of these will be beneficial to a business for delivering their product in order to expand their reach to new markets in the region. South Africa has experienced some growth within the country's economy because of trade agreements that have been made with other countries. Any business will be able to support the economy of any region that they were to locate too. South Africa has over 29 million internet users. This means that the internet is well established and secure allowing a business to utilize social media outlets for maximizing brand marketing as well as use for online sales/orders. A high unemployment rate will allow businesses many options for employable manufacturing workers but there will be an issue when it comes time to hire technical professionals. References African Telecoms News (2019). Retrieved from https://www.africantelecomsnews.com/Operators Regulators/List of African fix ed and mobile telcos South Africa.html. International Trade Centre Industry classification. (2017). Retrieved from https://www.investmentmap.org/industry_classification.aspx South Africa Interest Rate. (2019, September 19). Retrieved from https://tradingeconomics.com/south-africa/interest-rate. Central Intelligence Agency The World Factbook: South Africa. (2019, September 24). Retrieved from https://www.cia.gov/library/publications/the-world- factbook/geos/sf.html. Train travel in South Africa. (2019, September 15). Retrieved from https://www.seat61.com/SouthAfrica.htm. World Aer