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Tuesday, February 16, 2010

Johan Beukes - Proudly South-African

Economy
1. The rand was the best performing currency against the US Dollar
between 2002 and 2005 (Bloomberg Currency Scoreboard)
2. South Africa has 55,000 high net-wealth individuals holding at least
US$1million in financial assets (World Wealth Report 2008)
3. South Africa has the 27th biggest economy in the world, with a Gross
Domestic Product of US$254 billion (World Bank)
4. South Africa accounts for almost 25% of the GDP of the entire African
continent, with an economy more than twice the size of the second biggest –
Algeria. (World Bank)
5. Gauteng is South Africa’s smallest province but produces 34% of South
Africa’s Gross Domestic Product (Stats SA)
6. The JSE Securities Exchange is the 14th largest equities exchange in the
world, with a total market capitalisation of some R2.3 trillion (JSE)
7. More than 12,000 'Black Diamond' families (South Africa’s new black middle
class) - or 50,000 people - are moving from the townships into the
suburbs of South Africa's metro areas every month (UCT Unilever Institute)
8. The black middle class grew by 30% in 2005, adding another 421,000
black adults to SA's middle-income layer and ramping up the black
population's share of SA's total middle class to almost a third. Between 2001
and 2004, there were 300,000 new black entrants to the middle class
(Financial Mail)

www.sagoodnews.co.za

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