SouthAfrica is breathed through the smilesof friendly faces, the mosaic of cultures and cuisines, and the complex history that has shaped it.
The economy of South Africa is the second largest in Africa. As a manufacturing hub, it is the most industrialized, technologically advanced, and diversified economy on the African continent. The South African economy grew by 1.3% in 2017 and 0.8% in 2018. The World Bank projects 2019 growth at 1.3%, accelerating further to 1.7% in 2020. Commodity prices remain important for South Africa, a major exporter of minerals and importer of oil. Strengthening investment, including foreign direct investment, will be critical to propel growth and create jobs.
Also South Africa is the world's biggest producer of gold, platinum, chromium, vanadium, manganese and alumino-silicates. It also produces almost 40% of the world's chrome and vermiculite.
