South Africa has a host of appealing competitive advantages. It remains the continent’s second-largest economy – benefitting from a large manufacturing base, more than $2.5trn worth of metal and mineral deposits, and one of the most robust financial sectors in the world – and also boasts strong investment and trade ties with a range of key emerging and advanced economies.
Lower oil prices and a rise in domestic demand could fuel a modest rebound for South Africa’s economy in 2015 after power supply and labour disruptions slowed growth last year.
What do you see as the single biggest challenge facing new investors in KwaZulu-Natal (KZN)?
As one of the most sophisticated African emerging markets, South Africa’s unique combination of highly developed, first-world economic infrastructure and a large emergent market economy has led to a dynamic investment environment. Situated on South Africa’s eastern seaboard is the province of KwaZulu-Natal, which is home to Durban and a strategic port that enjoys direct...
As one of South Africa’s three main urban centres, Durban plays a central economic and social role in KwaZulu-Natal (KZN). For FY2013, the city posted a GDP growth rate of 2.6%, behind only Johannesburg (2.75%), and well ahead of the national rate of 1.89%. The main sectors contributing to Durban’s economic growth were manufacturing (22%), finance (22%), community...
Renamed KwaZulu-Natal (KZN) in 1994 following the merging of Natal province with KwaZulu, KZN is South Africa’s second largest provincial economy, serving as a strategically important base for manufacturing and exports. Also known by its nickname “the garden province”, KZN is a popular domestic tourism destination throughout the year, offering subtropical coastline in...
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