South Africa

Background

After the British seized the Cape of Good Hope area in 1806, many of the Dutch settlers (the Boers) trekked north to found their own republics. The discovery of diamonds (1867) and gold (1886) spurred wealth and immigration and intensified the subjugation of the native inhabitants. The Boers resisted British encroachments, but were defeated in the Boer War (1899-1902). The resulting Union of South Africa operated under a policy of apartheid - the separate development of the races. The 1990s brought an end to apartheid politically and ushered in black majority rule.

   
People
Population: 42,718,530
Age Structure: 0-14 years: 29.5%
(male 6,337,468; female 6,254,925)
15-64 years: 65.3%
(male 13,898,269; female 14,017,559)
65 years and over:
5.2%
(male 886,801; female 1,323,508)
Median Age: Total: 24.7 years
male: 24.2 years
female: 25.3 years
HIV/AIDS -adult prevalence rate: 21.5%
HIV/AIDS - people living with aids 5.3 million
HIV/AIDS - deaths 370,000
Nationality: Noun: South African(s)
adjective: South African
Ethnic Groups: Black 75.2%, white 13.6%, Colored 8.6%, Indian 2.6%
Religions: Christian 68% (includes most whites and Coloreds, about 60% of blacks and about 40% of Indians), Muslim 2%, Hindu 1.5% (60% of Indians), indigenous beliefs and animist 28.5%
Languages: 11 official languages, including Afrikaans, English, Ndebele, Pedi, Sotho, Swazi, Tsonga, Tswana, Venda, Xhosa, Zulu
Literacy: Definition: age 15 and over can read and write
total population: 86.4%
male: 87%
female: 85.7%
   
Communications:
Telephones - main line in use: 4.844 million
Telephones - mobile/cellular: 16.86 million
Telephone System: General assessment: the system is the best developed and most modern in Africa
domestic: consists of carrier-equipped open-wire lines, coaxial cables, microwave radio relay links, fiber-optic cable, radiotelephone communication stations, and wireless local loops; key centers are Bloemfontein, Cape Town, Durban, Johannesburg, Port Elizabeth, and Pretoria
international: country code - 27; 2 submarine cables; satellite earth stations - 3 Intelsat (1 Indian Ocean and 2 Atlantic Ocean)
Radio Broadcast Stations: AM 14, FM 347 (plus 243 repeaters), short-wave 1 (1998)
Television Broadcast Stations: 556 (plus 144 network repeaters) (1997)
Internet Country Code: .za
Internet Hosts: 288,633
Internet Users: 3.1 million
   

Economy:

Economy Overview: South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors; a stock exchange that ranks among the 10 largest in the world; and a modern infrastructure supporting an efficient distribution of goods to major urban centers throughout the region. However, growth has not been strong enough to lower South Africa's high unemployment rate; and daunting economic problems remain from the apartheid era, especially poverty and lack of economic empowerment among the disadvantaged groups. High crime and HIV/AIDS infection rates also deter investment. South African economic policy is fiscally conservative, but pragmatic, focusing on targeting inflation and liberalizing trade as means to increase job growth and household income.
GDP: Purchasing power parity - $456.7 billion
GDP - Real Growth Rate: 1.9%
GDP - per Capita: Purchasing power parity - $10,700
GDP - Composition by Sector: Agriculture: 3.8%
industry: 31%
services: 65.2%
Investment (gross fixed): 16% of GDP
Population below poverty line: 50%
Inflation Rate: 5.9%
Labor Force: 16.35 million economically active
Labor Force by Occupation: Agriculture 30%, industry 25%, services 45%
Unemployment Rate: 31% (includes workers no longer looking for employment)
Budget: Revenues: $37.48 billion
expenditures: $41.46 billion, including capital expenditures of $NA billion
Public Debt: 38.2% of GDP
Agriculture Products: Corn, wheat, sugarcane, fruits, vegetables; beef, poultry, mutton, wool, dairy products
Industries: Mining (world's largest producer of platinum, gold, chromium), automobile assembly, metalworking, machinery, textile, iron and steel, chemicals, fertilizer, foodstuffs
Industrial Production Growth Rate: 5%
Exports: $36.77 billion f.o.b.
Exports - commodities: Gold, diamonds, platinum, other metals and minerals, machinery and equipment
Exports - Partners: UK 12.6%, US 12.4%, Japan 9.2%, Germany 8.1%, China 4.7%, Italy 4.4%
Imports: $33.89 billion f.o.b.
Imports - commodities: Machinery and equipment, chemicals, petroleum products, scientific instruments, foodstuffs
Imports - Partners: Germany 16.6%, UK 8.5%, US 8.2%, Japan 5.9%, China 5.9%, Saudi Arabia 5.2%, France 5%
Reserves of Foreign Exchange & Gold: $7.972 billion
Debt External: $25.9 billion
Economic Aid Recipient: $487.5 million
Currency: Rand (ZAR)
Exchange Rates: Rand per US dollar - 7.5648 (2003), 10.5407 (2002), 8.6092 (2001), 6.9398 (2000), 6.1095 (1999)
Fiscal Year: 1 April - 31 March





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