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Despite declining production, South Africa's gold exports were valued at US$3.8 billion in 2005. [24] As of end-2018, South Africa had a potential 6000 tonnes of reserves. [25] In July 2018, the Mineral Council of South Africa announced that 75% of mines in South Africa were now unprofitable due to the declining gold reserves. [26]
Heavy industry is an industry that involves one or more characteristics such as large and heavy products; large and heavy equipment and facilities (such as heavy equipment, large machine tools, huge buildings and large-scale infrastructure); or complex or numerous processes.
The economy of South Africa is the largest economy in Africa, it is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [ 27 ] [ 28 ] [ 29 ] The economy is the most industrialised, technologically advanced, and diversified in Africa. [ 30 ]
Statistics South Africa (frequently shortened to Stats SA) is the national statistical service of South Africa with the goal of producing timely, accurate and official statistics, in order to advance economic growth, development and democracy. To this end, Statistics South Africa produces official demographic, economic and social censuses and ...
Toggle Sources for South Africa statistics subsection. 1.1 General. 1.2 Health and human development. 1.3 Economics and business. 1.4 Politics. 1.5 Sport. 2 To Do list.
South Africa's energy crisis (or load shedding) is an ongoing period of widespread national power outages beginning at the end of 2007. [ 1 ] [ 2 ] The South African government-owned national power utility, and primary power generator, Eskom , and various parliamentarians have attributed these rolling blackouts to insufficient generation capacity.
The Sishen–Saldanha railway line, also known as the Ore Export Line (OREX), is an 861-kilometre-long (535 mi) heavy-haul railway line in South Africa. [1] It connects iron ore mines near Sishen in the Northern Cape with the port at Saldanha Bay in the Western Cape. [1]
In 2018, South Africa exported and imported goods to and from the rest of Africa to the value of US$25 billion and US$11.5 billion, respectively. Intra-Africa exports account for 26% of South Africa's total exports and imports for 12% of total imports for 2018. South African exports to the rest of Africa are predominantly of value-added goods.