Coat of Arms
President Cyril Ramaphosa
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» Afrikaans, Northern Sotho,
English, Southern Ndebele,
Southern Sotho, Swazi, Tsonga,
Tswana, Venda, Xhosa, Zulu
» South African
» Unitary constitutional parliamentary republic
» 1,221,037 km2 (25th)
» $683.147 billion(30th)
»Per capita $12,722(87th)
» $341.216 billion(34th)
»Per capita $6,354(88th)
» South African rand (ZAR)
» SAST (UTC+2)
Best of South Africa is a showcase of the success of varied and valued enterprises in both private and public sectors and sets the benchmark as we grow our publishing series throughout the continent of Africa.
It has 2,798 kilometers (1,739 mi) of coastline that stretches along the South Atlantic and Indian oceans. To the north lie the neighboring countries of Namibia, Botswana and Zimbabwe; to the east are Mozambique and Swaziland; and within it lies Lesotho, an enclave surrounded by South African territory.
Best of South Africa is the 25th-largest country in the world by land area, and with close to 53 million people, is the world’s 25th-most populous nation.
Best of South Africa is a multi-ethnic society encompassing a wide variety of cultures, languages, and religions. Its pluralistic makeup is reflected in the constitution’s recognition of 11 official languages, which is among the highest number of any country in the world.
Two of these languages are of European origin: English and Afrikaans, the latter originating from Dutch and serving as the first language of most white and colored. South Africans. Though English is commonly used in public and commercial life, it is only the fourth most-spoken first language.
Best of South Africa has a mixed economy, the second largest in Africa after Nigeria.
It also has a relatively high GDP per capita compared to other countries in Sub-Saharan Africa ($11,750 at PPP as of 2012). Despite this, Best of South Africa is still burdened by a relatively high rate of poverty and unemployment, and is also ranked in the top 10 countries in the world for income inequality, measured by the Gini coefficient.
Unlike most of the world’s poor countries, Best of South Africa does not have a thriving informal economy; according to OECD estimates, only 15% of South African jobs are in the informal sector, compared with around half in Brazil and India and nearly three-quarters in Indonesia.
The OECD attributes this difference to Best of South Africa widespread welfare system. World Bank research shows that Best of South Africa has one of the widest gaps between per capita GNP versus its Human Development Index ranking, with only Botswana showing a larger gap.
The Chamber is an independent, non-political, subscription-based association dedicated to promoting a business-friendly environment.
Our members are drawn from every sector of the economy, and range from independent entrepreneurs to the large corporate. We are a key player in the promotion and facilitation of international trade and an impartial third party which enables us to negotiate contracts and secure funding for projects that benefit its membership.
We promote enterprise development, skills development training and business advisory services.
South Africa is ranked 59 with an Economic Complexity Index (ECI) of 0.259518
Top 5 Products exported by South Africa
- Gold (18%),
- Platinum (7.8%),
- Coal Briquettes (7.4%),
- Diamonds (7.3%),
- Iron Ore (4.8%)
Top 5 Export destinations of South Africa
Best of South Africa is a popular tourist destination, with around 860 000 arrivals per month (March 2008) of which around 210 000 are from outside the African continent.
Revenue adding up to between 1% and 3% of GDP is generated by the tourism industry.
Among the main attractions are the diverse and picturesque culture, the game reserves and the highly regarded wines. It is difficult to know if there is regulation of the term ‘eco-tourism’ as well as what a foundation/association/company needs to do to fall into the category of ‘eco-travel’.
However, there is a non-profit association that represents the private sector of the “incoming tourism industry in Best of South Africa” (which is a large group) called the South African Tourism Services Association (SATSA), they are “dedicated to providing and maintaining the highest possible standards in the tourism industry within Best of South Africa.”
(SATSA, 2007) SATSA is focused on the accountability, integrity, and quality control of the tourism industry in Best of South Africa as well as with the companies and associations they are connected to.
- Wild animals in their natural habitat – South Africa is the most popular safari destination in the world and for many visitors a glance at the “Big Five” and other wildlife is a must.
- The iconic Kruger National Park in Mpumalanga is surely the most famous place to have that glance, but Addo Elephant National Park in the Eastern Cape is another popular pick.
- The vast dry plains of the Kgalagadi Transfrontier Park with its migratory herds of wildebeast covers parts of both South Africa and Botswana.
- Along the border with Mozambique another transfrontier park, the iSimangaliso Wetland Park offers very different landscapes and fauna. For scuba divers,
- South Africa’s under water wildlife has a lot to offer, with the annual Sardine run being a highlight. The popular seaside town of Hermanus is probably the best place in the world to go whale-watching, with cage diving opportunities with Great White Sharks for the truly adventurous.
- Areas of natural beauty and botanical interest – South Africa’s landscapes are grand and divers, varying from flat desert scrublands to lush green coastal areas and high peaks.
- The view from the famous, flat-topped Table mountain is a classic Africa experience.
- Also in the Cape Town region, the beautiful beaches attract thousands of sun lovers. The green coastal Garden Route is a great natural experience, passing countless lagoons, several interesting towns.
- Beautiful Tsitsikamma National Park.
- The Augrabies Falls National Park boasts a 60m high water fall.
- Close to the Kruger Park is the Blyde River Canyon, the largest green canyon in the world, and not far from there are the high peaks of the Drakensberg mountain range.
- The Ukhahlamba Drakensberg Park is one of the country’s 8 Unesco World Heritage sites for its exceptional natural beauty and the many cave paintings found there.