South Africa
Country Information
South Africa is the continent’s most industrialized economy. The capital cities are Pretoria (administrative), Cape Town (legislative), and Bloemfontein (judicial).
Political System
South Africa is a parliamentary republic.
Economic Indicators
GDP (2023 est.):
USD 399 billion
Population
Approximately 61 million
Currency
South African Rand (ZAR)
Main Industries
Mining, manufacturing, agriculture, finance, tourism.
Investment Climate
Well-developed legal and financial sectors, significant opportunities in energy, tech, and infrastructure.
- +27 11 535 8000
- https://www.werksmans.com
- English, German, French, Zulu, Tswana, Xhosa, Sotho and Afrikaans
- The Central, 96 Rivonia Road, Sandton, 2196, Johannesburg, South Africa
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31 October 2025
On 4 September 2025, the new Code of Good Practice: Dismissal (“New Code“) came into effect.
The New Code repeals and replaces the old Code of G...
31 October 2025
Negative economic news stories appear in the media on a daily basis, and seemingly each day brings word of yet more company closures, with more jobs being sh...
1 October 2025
Company registration is the foundational step for any business aiming for legitimacy and long-term success in South Africa. We all know this. We know it prov...
22 August 2025
Introduction
Artificial Intelligence’s (“AI“) rapid development presents both innovation opportunities and legal challenges, especially ...
20 June 2025
A strengthened bio-economy is a major need for all African countries including South Africa (SA) which is already the furthest advanced in this regard. Apart...
8 May 2025
A recent judgment handed down in the Johannesburg High Court in SingleDestination Engineering (Pty) Ltd and Another v Van Den Heever N.O. andOthers (14 April...
5 May 2025
It is imperative that improved action is taken, using relevant diplomacy, to better useinternational partnerships.
The need for South Africa (SA) to expan...
5 March 2025
by Bulelwa Mabasa, Director and Head of Land Reform and Thomas Karberg, Associate
President Cyril Ramaphosa signed the Expropriation Bill into law on 23 J...
3 December 2024
In Africa the opportunities currently offered in the bio-economy are many and must be better utilized than they are at present. Underlining this need is the ...
11 October 2024
The time seems particularly opportune for refreshing the relationship between South Africa (SA) and the European Union (EU), especially given a new NGU in Pr...