South Africa - A: An Overview of Leading Industry SectorsLeading Sectors Overview
In general, the best prospects for exports are in capital goods, though opportunities exist in a wide range of consumer products, services, and franchising.
Since 2014, South African Government-owned utilities such as Eskom (electric power) and Transnet (transportation) had previously formalized capital expenditure plans amounting to more than R685.5 billion. However, these major projects are currently under review due to questions surrounding good governance, financial viability, and the radical change in direction by the new administration, since President Cyril Ramaphosa took charge in February 2018, to reduce burgeoning national debt levels.
Promising projects remain, however, in the following:
Renewable Energy
Oil and Gas Supplies and Equipment
Transportation Infrastructure
Pollution Control Equipment
Medical Equipment and Healthcare Services
Telecommunications and Information Technology
Prepared by the International Trade Administration. With its network of more than 100 offices across the United States and in more than 75 markets, the International Trade Administration of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
Since 2014, South African Government-owned utilities such as Eskom (electric power) and Transnet (transportation) had previously formalized capital expenditure plans amounting to more than R685.5 billion. However, these major projects are currently under review due to questions surrounding good governance, financial viability, and the radical change in direction by the new administration, since President Cyril Ramaphosa took charge in February 2018, to reduce burgeoning national debt levels.
Promising projects remain, however, in the following:
Renewable Energy
Oil and Gas Supplies and Equipment
Transportation Infrastructure
Pollution Control Equipment
Medical Equipment and Healthcare Services
Telecommunications and Information Technology
Prepared by the International Trade Administration. With its network of more than 100 offices across the United States and in more than 75 markets, the International Trade Administration of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.