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The World Bank classifies South Africa as an upper-middle-income economy, and a newly industrialised country. [1] [2] Its economy is the largest in Africa, and the 34th-largest in the world. [3] In terms of purchasing power parity, South Africa has the seventh-highest per capita income in Africa.
1972: On January 2, 1972, Prime Minister Zulfiqar Ali Bhutto, after East Pakistan broke away, announced the nationalisation of all major industries, including iron and steel, heavy engineering, heavy electricals, petrochemicals, cement and public utilities except textiles industry and lands.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
Pakistan's industrial sector (in FY21) accounts for 28.11% of the GDP. Of this, manufacturing makes up 12.52%, mining constitutes 2.18%, construction makes up 2.05%, and electricity and gas 1.36%. The majority of industry is made up of textile units, with textiles contributing $15.4b to exports, making up 56% of total exports.
This list comprises the largest companies currently in Africa by revenue as of 2022, excluding the finance sector, according to the ranking of the largest 500 companies in Africa by Jeune Afrique. In 2022, the largest company in Africa was Sonatrach with revenue of US$77 billion.
36 South Africa. 37 Sri Lanka. 38 Sweden. 39 Switzerland. ... Haji Paper Industries Ltd. ... DATA Paper Mill,Kasur Road Punjab,Pakistan Ceo: Ishtiaq Malik. Poland
Due to embargoes imposed against apartheid South Africa by the Commonwealth of Nations, the two nations did not establish official diplomatic relations until 1994, after the end of apartheid in South Africa. Relations between the two nations are cordial and amiable, and South Africa exports US$240 million worth of goods to Pakistan on a yearly ...
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]