South Africa aims to become an export driven economy that can compete on the world stage.The following text out of ‘South Africa, The Good News’ gives an insight into the economy that this country is trying to build.

‘Openness is economic democracy. It has been proven, the world over, that globally-integrated economies grow much faster than non-integrated ones. The sudden opening up of the SA economy has resulted in dramatic changes in the span of 10 short years and this has rubbed off on the exchange rate of the rand, currently trying to establish its true natural value in world markets.

Coming from an era of debt moratoriums, sanctions, two exchange rates, travel restrictions and a policy of inward industrialisation, we have transformed quickly to an economy embracing the global market.’

Slowly, South Africa is entering the global market. Besides that, the Black Empowerment Programme provides the integration of black South Africans into the formal economy.

South Africa has taken a moral stance on many of the issues affecting the world today-fighting for equality on a national and international level. Read about the latest developments…..