The costs of doing business in South Africa compares favourably to other emerging world markets.

The South African industry has a number of competitive advantages, making it both an important trading partner and a viable investment destination.

• A strong and stable government supportive of a market economy and foreign investment
• A strong well-diversified economy widely recognized as the ”Economic Powerhouse” of Africa
• A market-related and competitive exchange rate
• 100% ownership permitted.
• No restrictions on the type or extent of foreign investments. Government approval not required.
• Liberal repatriation of profits. Foreign investors can freely transfer capita, dividends and profits into and out of South Africa.
• World-class infrastructure - South Africa has three deep-water ports, three international airports, a well-established network of roads and railways, well-developed cold chain facilities.
• A strategic location at the southern tip of Africa providing easy access to the large sub-Saharan market of 250 million people as well as to South America and the Indian Ocean Rim countries
• Convenient time zone location - easy access to American and Eastern Markets
• Removal of exchange control for non-residents
• Rich in natural resources
• Competitive input costs - While South Africa boasts infrastructure, which is comparable to first world countries, its cost structure is decidedly third world. At US1.7cents/kwh it has one of the cheapest electricity costs in the world. Labour rates are also competitive.
• Modern banking and financial services
• Access to the markets of the USA, Europe and Africa through free trade agreements and trade arrangements
• A significant reduction in tariff barriers, ahead of the World Trade Organisation timetable
• Privatisation of government enterprises
• Fauna & Flora- The diversity of climates to be found within South Africa allows for a vast and varied array of agricultural products available. Tropical, subtropical and desert climates are all present.
• Marine resources - South Africa has a 3000km coastline, which is commercially used both for conventional harvesting as well as mariculture and aquaculture.
• Excellent climate, good housing, abundant recreational opportunities. Counter-seasonality to South Korea is in itself a competitive advantage.