Fast Facts South Africa
News / Articles January 22nd, 2008- South Africa was ranked as the 18th most attractive destination for Foreign Direct Investment by global strategic management consulting firm AT Kearney.
- Johannesburg has been ranked as the eighth cheapest city in the world for expatriates, according to the most recent Cost of Living Standards Survey from Mercer Human Resource Consulting.
- More than 12,000 ‘Black Diamond’ families (South Africa’s new black middle class) - or 50,000 people - are moving from the townships into the suburbs of South Africa’s metro areas every month, according to the UCT Unilever Institute’s Black Diamonds 2007 survey.
- The black middle class grew by 30% in 2005, adding another 421,000 black adults to SA’s middle-income layer and ramping up the black population’s share of SA’s total middle class to almost a third, according to the Financial Mail. Between 2001 and 2004, there were 300,000 new black entrants to the middle class.
- Pretoria has the second largest number of embassies in the world after Washington, D.C.
- In 1991, South Africa became the first country in the world to protect the Great White shark.
- Stellenbosch University was the first university in the world to design and launch a microsatellite.
- Of the 10 LSM levels ( LSM1=poorest; LSM10 wealthiest ), the average SA family located in LSM6.
Popularity: 8% [?]
(Sponsor Link: assetant.co.za)