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Get to Know About South Africa
South Africa is a country in the African Continent or simply Africa, situated at the southern tip. Six countries are bordering it, namely: Namibia, Botswana, Zimbabwe, Mozambique, Swaziland, and Lesotho. South Africa can be described in terms of the economy as having two faces. One is very rich while the other is extremely poor. Big cities like Johannesburg and Cape Town are wealthy, while remote places experience an inferior standard of life. Despite it, South Africa is considered as one of the strongest economies in Africa and has a strong influence on politics. Doing Business in South Africa is great as the country always ensure it can meet the specific trade and investment requirements of its potential investors.
South Africa is a good country for investment. First, it has promising emerging markets. Second, it is strategically located at the southern tip of Africa, where it can provide access to the rest of the continent where one billion or more people can be served. Third, South Africa has a sophisticated financial, legal, and telecommunications sectors. It can process outsourcing operations. Fourth, it has a strong tertiary education, and the availability of highly skilled graduates are there. Fifth and last, South Africa has world-class infrastructure. They continue to develop by investing in innovation and research.
The high crime rate in South Africa is one of their significant challenges. Murder, rape, car hijackings are some of the problems that are encountered by tourists.