National Risk Analysis Report - South Africa

< p > < strong > country trade > a href= "http://www.91se91.com/news/index_c.asp" > risk index < /a > (ERI):99.04 < /strong > /p >

< p > < strong > national risk reference rating: 4 (4/9) level < /strong > /p >

< p > < strong > national risk Outlook: negative < /strong > < /p >

< p > < strong > < a > href= > http://www.91se91.com/news/index_c.asp > > strong > trade risk > /strong > /a > < /strong > /p >

< p > 2012, the nominal GDP of South Africa was 384 billion 630 million dollars, the real economic growth rate was 2.5%, the per capita GDP was 7342 dollars, and the inflation rate was 5.8%.

South Africa is a middle-income developing country and one of the more economically developed countries in Africa.

Since 2009, the economy of South Africa has recovered gradually, but the inflation rate has been running at a high level. The unemployment rate of official statistics is as high as 25%, domestic consumption is not strong, and foreign direct investment has not been enough, which has become a restrictive factor for the rapid economic growth of South Africa.

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Before the outbreak of the global financial crisis in 2008 (P), the average annual growth rate of South Africa's economy reached 5%. The financial crisis had a great impact on its economy, and the negative growth of the economy in 2009.

In 2010, under the government's economic stimulus measures and the gradual improvement of the world economic environment, the situation of South Africa's economic recovery was obvious, and the actual GDP growth rate reached 2.9%.

In 2011, the economy of South Africa maintained a good momentum, but at the end of the same year, the South African economy again encountered difficulties, and GDP growth slowed down.

With the recovery of world economy, the growth rate of GDP in South Africa in 2013~2014 is expected to reach 2.8% and 3.6% respectively.

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< p > < strong > business environment < /strong > /p >

< p > South Africa has a better business environment. Its public financial information is easier to obtain, its contract execution efficiency is higher, and its protection for investors is stronger.

According to the 2013 business environment report released by the world bank, South Africa ranks thirty-ninth in the world's 185 economies, up 2 from 2012, and ranks second in sub Saharan Africa, second only to Mauritius.

However, due to the neglect of store maintenance and development in recent years, South Africa often has a large-scale power crisis, and its ranking in power supply and stability is relatively backward.

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< p > South Africa has implemented the policy of economic openness, focusing on the construction of an "investment friendly country". It also used mining and mineral processing, renewable energy, automobiles, infrastructure, oil and natural gas and other pportation infrastructure projects and agricultural products processing as main areas to attract foreign investment.

To facilitate foreign investors, the Ministry of trade and industry of South Africa has set up a trade and Investment Bureau to provide one-stop investment services to deal with the issue of investment regulation.

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< p > < strong > < a > href= > http://www.91se91.com/news/index_c.asp > > legal risk > /a > /strong > /p >

< p > South African legal system is relatively perfect, foreign investors are less restricted here, and can get better legal protection.

The South African legal system has the characteristics of Holland and British law. Although there is no specific investment law, there are still more detailed and detailed laws in South Africa to strictly regulate relevant industry development standards.

Among them, the export credit and foreign investment, reinsurance act and foreign exchange control amnesty and tax Amendment Act are the main laws governing foreign investment in South Africa.

It is worth noting that South Africa's economic law enforcement is to some extent strict with criminal law enforcement, so enterprises need to strictly abide by relevant laws and regulations when investing in South Africa.

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< p > South Africa's laws on labourers' protection are very perfect, including the labor relations law related to strike rights, the employment rights law of textile employment discrimination and the regulation of labor rights, and the basic employment conditions regulating labor conditions.

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< p > < strong > total risk assessment < /strong > < /p >

The presidential election in 2014 P is coming soon, and the domestic political struggle may be aggravated, so it may interfere with the implementation of the specific economic policies to a certain extent, but it will not affect the political stability.

As the most economically developed country in Africa, South Africa has abundant natural resources. Mining, manufacturing, agriculture and services are the four pillars of the economy. Deep well mining and other technologies occupy the leading position in the world.

Compared with other African countries, the financial and legal system of South Africa is perfect, communication, pportation, energy and other infrastructure are good, foreign exchange control is relatively loose, investment incentive policy is clear, and the overall investment environment is better.

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