South Africa After Apartheid UNIT 7 AFRICA Election
- Slides: 9
South Africa: After Apartheid UNIT 7: AFRICA
Election of 1999: � Thabo Mbeki was elected President ANC Member � Major Issues: High Crime Rate Unemployment Economy going into a recession � Foreign investment decreasing � Mbeki’s Policies Engaged in FREE-TRADE agreements with European Union, Japan, Canada, and United States � Mbeki disputed that AIDS was caused by HIV.
Snap Shot of South Africa UNIT 7: AFRICA
Current Economic Situation �South Africa – 29 th largest economy in the world; largest in Africa �GDP: $555 billion (2011 estimate) � Economic Growth: Increase 3. 1% � Currency: Rand (Zar)
Memberships �World Trade Organization �G-20 �SACU (South African Customs Union) �BRICS (Brazil, Russia, India, China, and South Africa)
Poverty Problem � Unemployment: 25% (some argue up to 40%) � 50% live below the poverty level (2000 estimate) � 2010 World Cup of Soccer: � Result – lots of investors into the country � Today: � High Poverty � High Crime Rate � Recession in 2009 � Many people remain poor
Land Issues �Land Distribution still a major issue �Government wants 30% of farmland to blacks by 2014
Major Industries �Mining (world’s largest producer of Platinum, Gold, and Chromium) �Automobile Assembly �Metalworking �Machinery, textiles, iron and steel, chemicals, fertilizers, foodstuffs �(According to World Bank Report, South Africa ranks 35 out of 183 for ease of doing business)
AIDS in South Africa �South Africa has the 2 nd highest AIDS/HIV patients in the world � 1/7 is infected with the illness �-5. 6 million living with HIV �-310, 000 died in 2009 � Retroviral drugs available through state funding �Life expectancy: 49. 41 years
