South Africa IB2

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By: ferrari0 (43 month(s) ago)

Please can you send me a copy of the presentation. I have to do a presentation on South Africa soon. My e-mail address is angelosenatore@yahoo.com Many thanks, Angelo

 

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By: amp51 (45 month(s) ago)

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Presentation Transcript

South Africa: 

South Africa Ashok Arvind Abhishek Ajay

Slide3: 

Located on the southern tip of Africa Home to 42 million people 75% African, 13% Caucasian 8% Mixed Race, 3% Indian Former Colony of Holland and England, Became independent in 1950 System of apartheid until 1994 Now fully representative democracy Diverse climates Grassland, mountains, subtropical areas, desert, temperate areas Rich in mineral wealth South Africa:A World in One Country

Religion : 

Christian 68% (includes mostly whites and colored, about 60% of blacks and about 40% of Indians), Muslim 2% Hindu 1.5% (60% of Indians), indigenous beliefs and animist 28.5%. Religion

Language: 

Language South Africa has 11 official languages.  English is the language of administration and is spoken throughout the country.  The other official languages are: Afrikaans, Ndebele, Northern Sotho, Southern Sotho, Swazi, Tsongo, Tswana, Venda, Xhosa and Zulu

Customs & Manners : 

Meeting Etiquette When dealing with foreigners, most South Africans shake hands while maintaining eye contact and smiling. Some women do not shake hands and merely nod their head, so it is best to wait for a woman to extend her hand. Men may kiss a woman they know well on the cheek in place of a handshake. Greetings are leisurely and include time for social discussion and exchanging pleasantries. Customs & Manners

Slide7: 

Gift Giving Etiquette Gift giving is not the norm in business.  In general, South Africans give gifts for birthdays and Christmas. Two birthdays - 21 and 40 - are often celebrated with a large party in which a lavish gift is given. If you are invited to a South African's home, bring flowers, good quality chocolates, or a bottle of good South African wine to the hostess. Wrapping a gift nicely shows extra effort. Gifts are opened when received Customs & Manners

Slide8: 

Dining Etiquette If you are invited to a South African's house: Arrive on time if invited to dinner. Contact the hostess ahead of time to see if she would like you to bring a dish. Wear casual clothes. This may include jeans or pressed shorts. In Johannesburg, casual is dressier than in other parts of the country. Do not wear jeans or shorts unless you have spoken to the hosts. Offer to help the hostess with the preparation or clearing up after a meal is served. Customs & Manners

Slide9: 

Dress Etiquette For the first meeting, it is best to dress more conservatively. Men should wear dark colored conservative business suits. Women should wear elegant business suits or dresses. Business attire is becoming more informal in many companies Customs & Manners

The Rural/Urban Dichotomy : 

The Rural/Urban Dichotomy Afrikaner farmers: Narrow view of the world. Value human decency over materialism City dwellers live fast life People from Johannesburg have materialistic values,. prefer to see themselves as urbane and their country cousins as less sophisticated. People from Cape Town, appear to have a superior attitude about their city versus the rest of the country. Family ties, long-term friendships and social standing are all important to Capetonians.

The Family in South Africa : 

The Family in South Africa The basic unit of South African society is the family In traditional African society, the tribe is the most important The tribe provides both emotional and financial security. The colored and more traditional Afrikaans cultures consider their extended family to be almost as important as their nuclear family, English-speaking white community places more emphasis on the nuclear family. The nuclear family is the ultimate basis of the tribe. The tribal and family units are being disrupted by changes in the economic reorganization of the country As more people move into the urban areas, they attempt to maintain familial ties, including providing financial support to family members who have remained in the village.

Health Precautions in South Africa: 

Health Precautions in South Africa Some parts of South Africa, like parts of East and northeastern regions are still affected by Malaria, visitors to these areas should take the necessary precautions before landing. HIV / AIDS is prevalent throughout South Africa. Visitors should ensure they observe the necessary precaution. Health and hygiene in most parts of the country are on par with those in Europe, Scandinavia and North America.

Political Framework: 

Political Framework Modern, liberal constitution Independent judiciary Independent media Well-developed civil society: NGOs, interest groups, trade unions, churches etc.

Business Etiquette and Protocol: 

Business Etiquette and Protocol

General Business Hours in South Africa: 

General Business Hours in South Africa General Business Hours in South Africa are fairly constant all year round. Most businesses operate from 08:00 to 17:00 from Monday to Friday. Government offices usually operate from 07:30 to 16:00 from Monday to Friday

Slide16: 

Appointments are must, the sooner the better.  Mid December to mid January -Easter, -is the prime vacation times. Personal relationships are important. The initial meeting is often used to establish a personal rapport and to determine if you are trustworthy. After a meeting, send a letter summarizing what was decided and the next steps. Use titles and surnames to address people Business Etiquette

Slide17: 

For new players formal introduction is important. Networking and relationship building are crucial for long-term business success. Relationships are built in the office. Business meetings can be held over lunch or dinner in a good restaurant Most businessmen are looking for long-term business relationships. Businesspeople respect senior executives and those who have attained their position through hard work and perseverance. Relationships & Communication

Slide18: 

Communication styles vary as per individual's cultural heritage. For the most part, South Africans want harmonious working relationships, so they avoid confrontations.  Most South Africans, regardless of ethnicity, prefer face-to-face meetings to more impersonal communication mediums such as email, letter, or telephone. South Africans prefer a "win-win" situation Relationships & Communication

Slide19: 

It is imperative to develop mutual trust before negotiating. Women have yet to attain senior level positions. If you send a woman, she must expect to encounter some condescending behaviour and to be tested in ways that a male colleague would not. Do not interrupt a South African while they are speaking. Include delivery dates in contracts. Deadlines are often viewed as fluid rather than firm commitments. Start negotiating with a realistic figure. South Africans do not like haggling over price. Decision-making may be concentrated at the top of the company and decisions are often made after consultation with subordinates, so the process can be slow and protracted. Business Norms

A Stable and Open Investment Environment: 

A Stable and Open Investment Environment

World Class Infrastructure: 

World Class Infrastructure

Economic overview Components of GDP: 

Economic overview Components of GDP Agri.forestry & fishing 3% Mining & quarrying 7% Manufacturing 18% Construction 3% Electr. gas & water 3% Trade & accomm. 13% Transport & com. 10% Financial & bus.serv. 20% Community & personal serv. 23% Source: SARB

South African Economy: 

South African Economy

The dti’s Investment Service: 

The dti’s Investment Service Information on Investing in SA and Business Environment Detailed Sector Information Finance Direct Government Support in the form of Investment Incentives Investment Facilitation Aftercare – ongoing contract

Thank You: 

Thank You

Slide27: 

Specific Investment Sector Opportunities In Nine Provinces