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South Africa
see also Africa
Trade issues:
Considerable progress was made in the 1990s in liberalizing and simplifying the South African Customs Union (SACU) tariff structure, generating impressive growth, but such movement has slowed in the past few years. The tariff structure remains excessively complex and opaque; a much simpler tariff structure using a few, or even just a single tariff rate, should be adopted.
Global Villages
Johannesburg , South Africa
Population > 3.3 million
Leading indicator > Foreign visitors to South Africa have more than doubled since 1994
Fast companies > Dimension Data; MTN; Investec
South Africa has long been the economic engine of sub-Saharan Africa . Now, Jo-burg is the political and cultural nexus, too, attracting business execs and tourists from across the continent. The attractions: good infrastructure , the world's largest container terminal , and an airport with global connections. The dark side: crime , government bureaucracy , and troubling xenophobia .
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