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An African success story

Article Abstract:

The gross domestic product of South Africa rose to a remarkable 6% in 1996, due mostly to a good rain season that boosted harvests and higher commodity prices. The economic upturn is fragile, but efforts to foster private business and growing infrastructure projects promise to sustain growth.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997

Economic development, Industrial development, Industrialization

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Black can be rich: South Africa

Article Abstract:

South African blacks have gained a larger share of stock-market wealth in the past five years, accompanied by a loss of wealth among whites. Some black critics charge that the shifting of wealth is benefitting only a small group of black business elite.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997

Wealth

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Subjects list: Economic aspects, South Africa

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