1、 BUSINESS CLIMATE SURVEY FOR SWEDISH COMPANIES IN SOUTH AFRICA 2024 A REPORT FROM TEAM SWEDEN IN SOUTH AFRICA TABLE OF CONTENTS FOREWORD.3 ABOUT THE SURVEY.5 ECONOMIC OUTLOOK.6 THE MARKET.10 HOW SWEDISH COMPANIES SUCCEED IN SOUTH AFRICA.16 ACTING SUSTAINABLY.19 CONTACT US.23 KEY CONTRIBUTORS TO THIS
2、 REPORT Business Sweden in South Africa Sara Radu Kudakwashe Koke Project manger Embassy of Sweden in South Africa Hkan Juholt copyright 2022 Business Sweden FOREWORD FOREWORD Sweden has an active business community in South Africa with a presence of about 50 registered subsidiaries.These subsidiari
3、es represent Swedish brands in the market through partners,third-party distributors and some of them use South African produced components in their manufacturing.Most Swedish subsidiaries in South Africa are original equipment manufacturers(OEMs)that have production facilities in the country.OEMs ar
4、e involved in marketing and sales as their primary business activities.Subsidiaries operate within different sectors including telecommunications,transportation,FMCG and industrial equipment supply towards the mining,manufacturing,and supporting industries.South Africa has held the title of the larg
5、est economy on the African continent and has often extended a hand of peace and friendship to neighbouring countries.It has also been a trendsetter in industry,but the true greatness of this country is yet to be seen due to the effects the FATF grey listing,civil unrest,and difficulties external to
6、the country such as the Russia-Ukraine conflict.2024 will prove to be an interesting year for the South African economy,and of course the Swedish companies operating in the region.This year,the countrys democratic society turned 30 years old and the outcome of the elections held in May reflected the