From the very first time in history international business was there silently developing its system to make trade more interesting and yet the world recently consider the important studies of international business making the world a small place to make business since with the advent of new technologies and communications and then it became very known to other countries resulting to over saturated market making more big companies to extend in other developing countries, take for example Africa
This research made by the researchers which will give more in depth information about most promising African countries that is very suitable for international business specially company coming from New Zealand that is willing to take a plunge in the second largest continent.
This research will show some factors and model and the likes, and cultural environment, international strategy and conclusion then recommendation for South Africa and Botswana.
Two African Countries:
South Africa:
Capital: Pretoria
Climate: mostly semiarid; subtropical along east coast; sunny days, cool nights
GDP (purchasing power parity):
$683.1 billion (2014 est.)
$673.7 billion (2013 est.)
$661.2 billion (2012 est.) note: data are in 2014 US dollars
With continuous growth rate of South Africa from 2012 until present information shows that it is a very promising market especially for international business
GDP - composition, by sector of origin:
Agriculture: 2.4%
Industry: 28.5%
Services: 69.1% (2014 est.)
Agriculture - products:
Corn, wheat, sugarcane, fruits, vegetables; beef, poultry, mutton, wool, dairy products
Industries:
Mining (world's largest producer of platinum, gold, chromium), automobile assembly, metalworking, machinery, textiles, iron and steel, chemicals, fertilizer, foodstuffs, commercial ship repair
Great potential for rubber equipment and safety gears that can result to market domination
Inflation rate (consumer prices):
6.1% (2014 est.)
5.7% (2013 est.)
GDP - real growth rate:
1.5% (2014 est.)
2% (2013 est.)
2.5% (2012 est.)
Population:
53,675,563
South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors, and a stock exchange that is Africa’s largest and among the top 20 in the world.
Technology
Telephones - main lines in use:
4.03 million (2012)
Country comparison to the world: 42
Telephones - mobile cellular:
68.4 million (2012)
Internet users:
4.42 million (2009)
Airports:
566 (2013)
Number 11 in the world comparison
Ports and terminals:
Major seaport(s): Cape Town, Durban, Port Elizabeth, Richards Bay, Saldanha Bay
Container Port (TEUs): Durban (2,712,975)
LNG terminal(s) (import): Mossel Bay
Botswana
Capital: Gaborone
Climate: semiarid; warm winters and hot summers
GDP (purchasing power parity):
$33.62 billion (2014 est.)
$32.22 billion (2013 est.)
$30.43 billion (2012 est.)
Note: data are in 2014 US dollars
Population:
2,182,719
It is hard to underestimate Botswana since the number is no match for South Africa but to tell you it is very impressive because of low population there they manage to be growing in Gross Domestic Product
GDP - composition, by sector of origin:
Agriculture: 1.9%
Industry: 28.7%
Services: 69.4% (2014 est.)
Agriculture - products:
Livestock, sorghum, maize, millet, beans, sunflowers, groundnuts
Industries:
Diamonds, copper, nickel, salt, soda ash, potash, coal, iron ore, silver; livestock processing; textiles
These industries will be very good opportunity for Skellerup to promote their rubber products from gumboots down to mining rubber gears.
Inflation rate (consumer prices):
4.6% (2014 est.)
5.9% (2013 est.)
GDP - real growth rate:
4.4% (2014 est.)
5.9% (2013 est.)
4.3% (2012 est.)
Technology
Telephones - main lines in use:
160,500 (2012) country comparison to the world: 133
Telephones - mobile cellular:
3.082 million (2012)
Airports:
74