South Africa

Botswana I Ethopia I The Gambia I Ghana I Kenya I Malawi I Mauritius I Namibia I Nigeria I Senegal I South Africa I Swaziland I Tanzania I Togo I Uganda I Zambia I Zimbabwe The South African economy has benefited from the global boom in commodity prices – the country is the world’s largest producer of platinum, gold and chromium – in the past year and grew at a strong 4.9% in 2005. Although annual GDP per capita of $12,000 is not substantially higher than levels in other middle income sub-Saharan African countries, the size of the economy is in a different league to the rest of the continent. Consequently, the banking market in South Africa is vastly more developed in terms of competition, services and the sophistication of banks, corporates and retail clients.