ECONOMIC SECTORS

BITE OF GLOBALISATION
PERKS
1
st
January 1995 - member of WTO
1999 EU-South Africa Trade, Development and Co-
operation Agreement 1999
Bilateral Trade Agreements Malawi and Zimbabwe
Non reciprocal preferential treatment to products from
Mozambique
Reduction in weighted average tariff rate from 20% -
1994 to 7% - 2002

NELSON MANDELA
DEMOCRACY
INVESTMENT
OPEN
MARKET
PRIVATISATION
INFRASTRUCTURE AND
TRANSPORT
Ranked 15
th
Globally for air transport infrastructure
Durban harbor is one of the 10 largest harbors in the
world
GOVERNMENT AIMS

Improving Education standards
Improved health care
Reducing poverty, improving standard of living and
creating job opportunities
TOURISM CONTRIBUTOR
TO ECONOMIC GROWTH?

Scenic location and pleasant climate
Depreciation of South African Rand
Investment in international and domestic hotel chains
1 in 12 jobs supported by tourism
Direct and indirect contribution in the sector

Globalization & South
African market
What is Globalisation?
Globalization can be viewed as
The shift towards a more integrated and interdependent world
economy
Effects of Globalisation of
Markets
South African provinces &
economy
Source : : Statistics South Africa
Ease of Doing Business in South Africa
Current status of multi-national
companies in South Africa
Global Financial crisis Effects on South Africa
Market not recovered to levels prior to 2008
Downward trend in FDI

Employment conditions
in South Africa
INVESTING IN SOUTH
AFRICA ?
Positive Factors
South Africa as an emerging economy
Financial recourses accessibility
Increased economic activities
South Africa competitive
advantage
Ranking by IMD
World competitiveness rankings conducted annually by
the IMD shows that South Africa is favourable for
investment
Social marketing concept
Environmentally sustainable business practices
Stimulate entrepreneurship




Market orientation
Foreign Investment Policy
Dominance of portfolio investment.
Relatively open economy
FDI inflows consist of a few large transactions rather
than a steady flow
Business environment
Property rights
Property rights are well protected
Foreign investors do not face any restrictions
Intellectual Property Rights
The Intellectual Property Laws Amendment Act and the
Counterfeit Goods Act reflect South Africa's
determination to uphold its commitments under the
WTO and to protect the rights of local and foreign
companies
Dos Santos, MO 2009, 'ACHIEVING SUSTAINABLE COMPETITIVE ADVANTAGE
THROUGH THE IMPLEMENTATION OF THE SOCIETAL MARKETING CONCEPT BY
A MAJOR RETAILER IN SOUTH AFRICA', Journal Of Global Business & Technology,
5, 2, pp. 39-50, Business Source Complete, EBSCOhost, viewed 26 March 2014.

Edwards L, 2006, Has South Africa Liberalised its Trade, Trade and
Poverty Project, Southern Africa Labour and development Research Unit,
University of Cape town, retrieved 1 April 2014,
<http://www.tips.org.za/files/trade_ledwards.pdf>

Global Insight Rex 2011, Sector contribution to GVA South Africa, South Africa GVA per
sector 2011, retrieved 2 April 2014
< http://inw.org.za/south-african-economy/42/>.


References
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st
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Krger, LP 2013, 'The influence of transformational policies on the operational
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(n.d. p.1),SOUTH AFRICAN MNCS IN AFRICA TRENDS IN 2010 / 2011, Global
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overview.htm#.UztLnmQW3-J.



Statistics South Africa , Statistical Release P0441 - gross domestic product (GDP), 1st
quarter 2013 publication date & time: 28 may 2013 @ 11:30, retrieved 1
st
April 2014
http://beta2.statssa.gov.za/publications/P0441/P04413rdQuarter2013.pdf



Rooyen, Reitsma, 2004, 'The future effect of e-business on treasury and risk
management systems and treasury management in South Africa', Development
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27 March 2014.




World bank. 2013. Doing business 2014: understanding regulations for small and
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st

march 2014
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