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Many South African businesses are export businesses. This means that they make a higher profit when the Rand is weaker against the currencies of the countries these businesses export to. Major export destinations include USA, UK, and the EU.
The import businesses would be most happy when the Rand is stronger, because then they can invest in more stock and, again, increase their returns.
The value of the rand (in conjunction with international oil prices), also affects the amount of money businesses have to spend on fuel, plastic, etc, which directly affects either their prices or profit margins.
What else can I help you with?
How do the political issues in Africa affect Africa's economy?
The political problems cause instability, hurting economics development.
What are the Non-geographical factors of Africaq?
Non-geographical factors in Africa include cultural diversity, historical influences, and socio-economic conditions. The continent is home to numerous ethnic groups, languages, and traditions, which shape social dynamics and governance. Additionally, colonial history has impacted political structures and economic development. Issues such as health, education, and infrastructure also significantly affect the continent's progress and integration.
What are the main challenges for the tourism industry in south africa?
What are the challenges facing South African journalist?
What was the economic issues troubled France in the late 1700's?
Poor Harvests.
What are the environmental issues of Sub-Saharan Africa?
The environmental issues are desertification, deforestation, and ground water depletion.
Socio-economic issues LO1 AS3?
Socio economic issues are things that not only affect the business but also affect the employee.Example:unemployement,crime and poverty
How does piracy affect the socio-economic issues?
possible solutions to deal with piracy as one of the socio economic issues affecting business
How does piracy affect the socio economic issues?
possible solutions to deal with piracy as one of the socio economic issues affecting business
How do current economic issues affect your life?
Economic issues affect our life is very bad
What is contempory socio economic issues and impact on the business?
the impact of contemporary socio-economic issues on the business enviroment
What is economic standing in terms of business?
Economic standing refers to the amount of assets and finances that a business has. Economic standing may be good or bad depending on certain issues.
How do the political issues in Africa affect Africa's economy?
The political problems cause instability, hurting economics development.
How did cultural issues affect nationalistic movements in Africa?
Africa is a continent, so we need a country to answer your question.
How do political issues in Africa affect Africa's economy?
The political problems cause instability, hurting Economics development.
How did the political issues in Africa affect economy?
the political instability prevents industrialization
What is the macro economic environment?
It is the external environment of the business and it involves aggregate economic issues that means it looks at the economy as a whole.
How does this socio-economic issue influence business operations?
Socio-economic issues influence business operations in the sense that they direct what direction businesses take in their marketing efforts and operations.
