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South Africa has a long and complicated history of oppression, collonialisation and outsider influence, which partly describes why South Africa is so well developed. South Africa is the richest country in Africa, due mainly to the fact that it has rich Gold, Diamond, Platinum, Uranium and Coal deposits. Mining forms a massive part of South Africa's economy, as does agricultural exports.
South Africa is almost unique from an African perspective, in that it has not recently experienced any civil wars or major governmental turmoil. It is also much less entrenched in international markets as other African countries (many use the US Dollar as their currency) and is therefore protected (to a large extent, but not completely) from international financial troubles such as the recent global economic recession.
In recent years, South Africa has seen some major investments by foreign countries and their own government, owing mostly to the fact that the 2010 FIFA World Cup is being hosted there, but can also be attributed to other factors. The largest investments have been from China, followed by Europe.
Wiki User
∙ 14y ago
Wiki User
∙ 13y agoPrimarily because of the discovery of gold in the nineteenth century in the area of present-day Johannesburg. The gold is recoverable only through deep-mining techniques which required investment in heavy machinery, explosives and extraction.
Wiki User
∙ 13y agoThose were the last areas of Africa that were under British rule. With the financial backing to of the the United Kingdom it remained stable.
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∙ 11y agoAdd your answer:
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Is durban a poor part of Africa?
Durban is a thriving/ prosperous city in South Africa
What country is the furthest south in Africa?
The country furthest south on the continent of Africa is South Africa. The farthest south major town in South Africa is Capetown.
Is South Africa a country or continent?
South Africa is a country at the southern end of the continent of Africa.
What type of country is South Africa?
south Africa is a lecd country
Is Botswana a African country?
No Botswana is not part of South Africa.It is a country on its own independently. ________________________________ No, but Botswana is in southern Africa. South Africa is short for the Republic of South Africa. The Republic of South Africa is a country also situated in southern Africa. It is south of Botswana.
Is South Africa a free country?
South Africa is a free country and continues to build a united, democratic, non-racial, non-sexist and a prosperous future, says Deputy President Kgalema Motlanthe.
What is so significant about the name South Africa?
The name is very clear. In the south of Africa, lies a country. There are no other countries in Africa more south than it. So its called South Africa. There is also West Africa, North Africa, East Africa and Central Africa. Those are regions, not countries. The region in the south is called Southern Africa, to avoid confusion with the country.
Is durban a poor part of Africa?
Durban is a thriving/ prosperous city in South Africa
Is the more prosperous country?
South Korea
What country is South Africa in?
South Africa is the country, at the southern tip of Africa.
Is South Africa a country or continent?
South Africa is a country at the southern end of the continent of Africa.
What country is the furthest south in Africa?
The country furthest south on the continent of Africa is South Africa. The farthest south major town in South Africa is Capetown.
Which country is the most south in Africa?
South Africa IS a country. Perhaps you mean Southern Africa, in which case the answer is South Africa.
Can you give me information of regions of Africa?
Africa can be divided into a number of regions or sub-regions. One common approach categorizes Africa in directions, these are North Africa, West Africa, Central Africa, East Africa and South Africa.
What country in South Africa grow oranges?
South Africa is a country
What type of country is South Africa?
south Africa is a lecd country
Is Mozambique is Africa's southernmost country?
The southernmost region in Africa is the Republic of South Africa. The southernmost country in Africa is the country of South Africa.
