433369666-The-Case-for-Investing-in-South-Africa
South Africa's investment proposal
South Africa's investment proposal
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WORLD-RENOWNED FOR INDUSTRIAL INNOVATION<br />
Some <strong>South</strong> <strong>Africa</strong>n <strong>in</strong>novations:<br />
• World’s first successful human heart transplant<br />
• Coal-to-liquid fuel production (Sasol)<br />
• Deep-level underground m<strong>in</strong><strong>in</strong>g technology<br />
• Pratley Putty<br />
• Dolosse<br />
• Kreepy Krauly – world’s first automatic pool-clean<strong>in</strong>g unit<br />
• Ret<strong>in</strong>al cryoprobe<br />
• Smartlock safety syr<strong>in</strong>ge<br />
• Computerised Axial Tomography (CAT) scan<br />
• Full-body high-speed radiology solution<br />
WELL-POSITIONED TO FACILITATE REGIONAL INVESTMENT<br />
• <strong>South</strong> <strong>Africa</strong>’s developed <strong>in</strong>frastructure, level of <strong>in</strong>dustrial development and competitive advantages as an<br />
export hub underp<strong>in</strong> its relative attractiveness as a regional gateway <strong>for</strong> <strong>in</strong>vestment.<br />
• <strong>South</strong> <strong>Africa</strong> rema<strong>in</strong>s one of the most competitive countries on the <strong>Africa</strong>n cont<strong>in</strong>ent. <strong>The</strong> country is ranked<br />
<strong>in</strong> 2 nd position <strong>in</strong> <strong>Africa</strong> (after Mauritius) <strong>in</strong> terms of overall competitiveness accord<strong>in</strong>g to the World Economic<br />
Forum’s Global Competitiveness Index 2019 edition.<br />
• In sub-Saharan <strong>Africa</strong>, <strong>South</strong> <strong>Africa</strong> ranks 4 th out of 48 countries <strong>in</strong> the World Bank’s Do<strong>in</strong>g Bus<strong>in</strong>ess 2019<br />
report (after Mauritius, Rwanda and Kenya).<br />
• <strong>The</strong> cost of do<strong>in</strong>g bus<strong>in</strong>ess <strong>in</strong> <strong>South</strong> <strong>Africa</strong> is a significant “pull factor”, underp<strong>in</strong>ned by factors such as:<br />
- Availability of key <strong>in</strong>puts (e.g. skilled labour, electricity supply);<br />
- Logistics (e.g. time to import/export); and<br />
- Supportive operat<strong>in</strong>g environment (e.g. sound bank<strong>in</strong>g sector).<br />
SOUTH AFRICA’S GLOBAL COMPETITIVENESS PERFORMANCE SCORES*<br />
COMPARED TO SUB-SAHARAN AFRICA’S AVERAGE, 2019<br />
(*SCORES ARE ON A 0 TO 100 SCALE; 100 REPRESENTS THE OPTIMAL SITUATION OR ‘FRONTIER’)<br />
Source (chart): World Economic Forum Global Competitiveness Report 2019