South Africa: Second Investment Climate Assessment - Improving the Business Environment for Job Creation and Growth (July 2010)

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Article by: Creamer Media Reporter

Published: 29 Jul 2010

South Africa: Second Investment Climate Assessment - Improving the Business Environment for Job Creation and Growth (July 2010)

The Department of Trade and Industry and the World Bank report that South Africa's overall business environment is good relative to its peer group of upper- middle-income economies, and has improved a great deal since 2003 in many respects. However, despite the advantages this should give it in export markets and as a location of investment, South Africa is exporting far less industrial output and attracting less foreign direct investment than many in the same peer group.