Reforms Make South Africa Ripe for Investment ; Emerging Markets South Africa Is Fast Coming of Age. Jeremy Butler, Director of Kpmg's New and Emerging Markets Group Based in Birmingham, Looks at Their Private Equity Industry

Summary

---

Despite the fact that South Africa is classed as an emerging economy, it nevertheless has a highly developed economic infrastructure and, according to a 2007 Word Bank report, is ranked as 35th in the world for ease of doing business - putting it ahead of Russia (37th), China (83rd) and Brazil (122nd).

Since the political reforms of 1994, South Africa's economy has undergone considerable structural transformation, with the implementation of macro-economic policies aimed at promoting domestic competitiveness, growth and employment and increasing the economy's outward orientation.

See the full content of this document

Extract

---

Reforms Make South Africa Ripe for Investment ; Emerging Markets South Africa Is Fast Coming of Age. Jeremy Butler, Director of Kpmg's New and Emerging Markets Group Based in Birmingham, Looks at Their Private Equity Industry

President Thabo Mbeki has made it clear that foreign investment is welcome in South Africa and Government policy supports this sentiment ...

See the full content of this document

---