The gateway to the African continent
South Africa has emerged as one of the leading emerging economies today on the back of its strong manufacturing, services and agricultural sectors. The country’s successful transition to democracy in 1994, with the election of Nelson Mandela as president, saw South Africa re-enter the global economy and achieve impressive growth levels. In December 2010, South Africa became an official member of the BRICS nations, the group of major emerging economies such as China and India, in recognition of its economic strength and regional status.