Atlantico Weekly

South Africa news update, December 20th

In Brazil, Economy, South Africa on December 20, 2009 at 8:50 pm

ECONOMY

In light of South Africa’s position as the largest and most important economy in Africa, it is imperative that South Africa aligns itself with the growth potential of the BRIC nation. Can it become BRICS? (TradeInvest).

The automotive industry in South Africa was hit very hard by the financial crisis over the past year. With vehicles sales down and with many major automotive companies experiencing major financial difficulties, it has been an extremely testing year (TradeInvest).

With 2010 around the corner and most South Africans reflecting on a year that has seen an economic recession that spared very few, what does the New Year hold in store (TradeInvest)?