The South African economy is one of the stable economies on the African continent. The economy is expected to experience good growth and reach $500.1 billion by 2018. South Africa’s economy was affected by the global financial crisis, but recovered after achieving significant economic growth due to strong its commodity market and higher domestic demand.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the various risks associated with the country and presents its findings in “PESTLE Analysis of South Africa 2013.” The report provides an in-depth PESTLE analysis of South Africa’s economy. The analysis includes a comprehensive examination of the macroeconomy, political scenario, social development, and technological study of South Africa. This report also provides insights into leading industries in the country.
The report analyzes that the country faces challenges from its high dependence on European countries for trade, which accounts for two-thirds of South African exports. A change in demand from those countries would seriously affect the exports of South Africa. The country suffers from high corruption rate, compared to Mauritius, Nigeria, and the US, which often leads to unethical business practices.
The study describes that South Africa’s geostrategic location adds an edge to its economy. Its location serves as easy access to the European and Asian markets, promoting international trade. The highly developed transport network and diversified industrial and commercial base is beneficial for mining and metal, and manufacturing industry.
This report will be helpful for strategic analysis done for CEOs, managers, bankers, investors, and industrialists who want to know about the political, social, and economic outlook of South Africa. This report enables an understanding of the economic strength and risk involved in South Africa for potential investors.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com.
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