Page 13 - KZN Top Business Portfolio-eBook 2022
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SOUTH AFRICA:
FAST FACTS
Official Name: Republic of South Africa
President: Cyril Ramaphosa
Government: Constitutional multiparty democracy,
with three spheres – local, provincial and national
Provinces: Eastern Cape; Gauteng; KwaZulu-Natal;
Mpumalanga; Northern Cape; Limpopo; North West;
Free State; Western Cape
Capitals: Pretoria (administrative);
Cape Town (legislative); Bloemfontein (judicial)
Legal System: Parliament. Based on Roman-Dutch
law and the 1996 Constitution.
Area: 1 220 813 km 2
Population: For 2021, Statistics South Africa (Stats SA)
estimates the mid-year population at 60,14 million
people. Approximately 51,1% (approximately 30,75 million)
of the population is female.
Gauteng comprises the largest share of the South
African population, with approximately 15,81 million
President Cyril Ramaphosa and KZN Premier Nomusa Dube-Ncube people (26,3%) living in this province. KwaZulu-Natal
is the province with the second largest population,
with an estimated 11,5 million people (19,1%) living in
this province.
Ethnic Goups: Black African 80.9%; White 7.8%;
Coloured 8.8%; Indian/Asian 2.6%
Official Languages (11): English, isiZulu, isiXhosa,
isiNdebele, Afrikaans, Siswati, Sepedi, Sesotho,
Setswana, Tshivenda and Xitsonga.
South Africa’s Value Proposition:
Africa’s most industrialised economy. It is the
region’s principal manufacturing hub and a
leading services destination.
Highly diversified economic structure in terms of
Durban harbour image courtesy of Axel Bührmann
sectoral composition.
One of the most open economies in the world
(ratio of exports and imports to GDP exceeds 58%).
Preferential access to numerous global markets.
Endowed with an abundance of natural resources.
An extensive and modern infrastructure network.
Sophisticated banking sector with a major footprint
in Africa. It is the continent’s financial hub.
Offers a supportive and growing ecosystem as a
hub for innovation, technology and fintech.
Key Economic Sectors: Mining, transport, energy,
manufacturing, tourism and agriculture.
For more information: www.southafrica.info
Moses Mabhida Stadium image courtesy of Robin Hyder www.gov.za
www.gov.za 11
