A Measure of the Investment Climate in South Africa

A Measure of the Investment Climate in South Africa

Author: Tongai Foto

Publisher:

Published: 2009

Total Pages: 72

ISBN-13:

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Investor confidence is a concept many investors are constantly trying to gauge. In practice however these concepts are usually not easy to measure. This study attempts to capture the total sum of investor perception in South Africa by examining market behaviour. Data from the JSE/FTSE (1995-2009) will be used to determine an Equity Risk Premium. Bond Yield Spreads will also be calculated from data provided by I-NET BRIDGE. An amalgamation of these components will produce the proposed Investment Confidence Index. Similar indices currently on the South African Market are based on subjective surveys and might therefore be biased. The proposed index which is a first in SA will prove invaluable to practitioners in the financial sector.


An Assessment of the Investment Climate in South Africa

An Assessment of the Investment Climate in South Africa

Author: Vijaya Ramachandran

Publisher: World Bank Publications

Published: 2007-05-10

Total Pages: 161

ISBN-13: 0821368990

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Most aspects of South Africa's investment climate the location-specific factors that shape opportunities and incentives for firms to invest productively, create jobs, and grow are favorable. The majority of large, registered firms believe that the legal system is able to protect their property rights. Infrastructure is reliable. Tax rates are relatively low. The burden of regulation is comparable to other middle-income countrries. Few firms pay bribes. And most firms have adequate access to credit. In many dimensions, South Africa has a good investment climate. Consistent with this, large South African firms are very productive. Labor productivity is far higher than in the most productive low-income countries in Sub-Saharan Africa and compares favorably with other middle-income countries such as Brazil, Lithuania, Malaysia, and Poland. And although labor productivity in South Africa is slightly lower than in the most productive cities in China, it is over three times higher than in China as a whole. So, why hasn't South Africa been growing faster? As this title explores, while the investment climate is generally favorable, some problems remain. Firms appear to be particularly concerned about four areas: difficulty hiring skilled and educated workers, rigid labor regulations, exchange rate instability, and crime. Using rigorous statistical information on these and related topics, the book aims to assist policy makers and private sector stakeholders in developing reforms that will improve firm performance and growth.


South Africa

South Africa

Author: United States United States Department of State

Publisher: Createspace Independent Publishing Platform

Published: 2016-04-22

Total Pages: 26

ISBN-13: 9781532869587

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The government of South Africa is generally open to foreign investment as a means to drive economic growth, improve international competitiveness, and access foreign markets. Merger and acquisition activity is more sensitive and requires more advance work to answer potential stakeholder concerns. Virtually all business sectors are open to foreign investment. Certain sectors require government approval for foreign participation, including energy, mining, banking, insurance, and defense. Excepting those sectors, no government approval is required to invest, and there are few restrictions on the form or extent of foreign investment. The Department of Trade and Industry's (DTI) Trade and Investment South Africa (TISA) division provides assistance to foreign investors. The DTI concentrates on sectors in which research indicates the foreign country has a comparative advantage. TISA offers information on sectors and industries, consultation on the regulatory environment, facilitation for investment missions, links to joint venture partners, information on incentive packages, assistance with work permits, and logistical support for relocation. DTI publishes the "Investor's Handbook" on its website: www.dti.gov.za.


Doing Business 2020

Doing Business 2020

Author: World Bank

Publisher: World Bank Publications

Published: 2019-11-21

Total Pages: 241

ISBN-13: 1464814414

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Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.


South Africa's Investment Landscape

South Africa's Investment Landscape

Author: Lesley Wentworth

Publisher:

Published: 2012

Total Pages: 38

ISBN-13:

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For an economy to attract productive, sustainable local and foreign investment, a stable investment climate along with a supportive investment policy framework is necessary. Government-owned or -mandated investment promotion agencies (IPAs) have an important role to play in marketing the country and its particular investment opportunities to potential investors. Furthermore, government can help remedy structural weaknesses in sectors or regions allocated for priority development through economic incentives programmes. Financial incentives such as grants and subsidies reduce the investor's initial capital outlay; while tax-relief incentives increase net income by lowering the tax bill. This paper considers the effects of the global economic crisis on the South African government's recent economic policy developments, especially those aimed at job creation. In addition, it considers the work in progress on creating an investment policy framework to support sustainable investment. The investment setting is examined by presenting the views of provincial IPAs, as well as government office-bearers at provincial and national level. Finally, a catalogue of economic incentives is presented which constitutes the government's economic support measures to encourage domestic and foreign firms' to invest in specific regions or sectors.