Business
Africa country rankings: Global Competitiveness Index
Friday, September 7, 2012
South Africa
South Africa is the top ranked country in Africa in terms of competitiveness, and is ranked 52nd out of the 144 economies surveyed.
South Africa is placed third among the BRICS (Brazil, Russia, India, China and South Africa) economies. It ranks second in the world for the accountability of private institutions and third for financial market development, “indicating high confidence in South Africa’s financial markets at a time when trust is returning only slowly in many other parts of the world.
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