Africa Taxation

South Africa: Investor’s Handbook 2014/15

For a comprehensive investment guide, click here to download a copy of South Africa: Investor’s Handbook 2014/15 

Is South Africa the investment destination for you? – Investing in South Africa

The question on many investor’s mind is “what are the investment incentives when investing in South Africa?” At the southern tip of the continent, South Africa has often been referred to as the gateway into Africa, providing investors with boundless opportunities as they navigate business on the continent. According to the World Bank, Sub-Saharan Africa’s GDP is projected to rise to 5.3% by 2017, which is being driven largely by infrastructure investment, greater agricultural production as well as a strong services sector.

As Africa’s second largest economy, South Africa is also a member country of BRICS (Brazil, Russia, India, China and South Africa), and has remained an important player in the global mining value chain and a key player in assembly plants for global automotive brands.

South Africa’s well established legal and political systems and macro-economic stability, coupled with an abundant supply of semiskilled and unskilled labour makes for a favourable overall cost of doing business compared to other emerging markets. For professional jobs, labour costs are less than half of the cost of European countries. For manufacturing trade, labour costs are around one-third cost of Europe. Knowledge of the landscape can only aid investors in helping them to achieve favourable returns in a challenging economic environment.

Deloitte, together with the Department of Trade and Industry (the dti), has published South Africa: Investor’s Handbook 2014/15. This publication outlines key features of the South African landscape across all industries, listing key investment incentives that we believe will help business navigate favourably through the regulatory, social and economic environments.

 

 

 

About the author

Deloitte South Africa

Deloitte is one of the country’s leading professional services firms in Southern Africa, and is dedicated to assisting companies succeed in the business environment- whether it be through our tax, audit, consulting or financial advisory services.

At Deloitte, we understand that solutions are not just a static one dimensional report, but rather, an integrated and innovative answer that helps our clients to better understand key complex industry issues. Not only do our solutions assist our clients in making strategic business decisions, but our unique approach also allows companies to succeed in a competitive business environment by staying ahead of industry trends. Through the collective expertise of nearly 3600 people in 8 cities in South Africa and in 16 cities in Southern Africa, and as a member firm of the global organisation Deloitte Touche Tohmats, we have access to deep insightful and intellectual capital of more than 150 000 people worldwide.

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