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
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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