• South Africa is a regular mixed market capitalistic economy system and is the economic powerhouse of Africa, with a gross domestic product (GDP) four times that of its southern African neighbours and comprising around 25% of the entire continent’s GDP.• The country leads the continent in industrial output (40% of total output) and mineral production (45%) and generates most of Africa’s electricity (over 50%). Its major strengths include its physical and economic infrastructure, natural mineral and metal resources, a growing manufacturing sector, and strong growth potential in the tourism, higher value-added manufacturing and service industries. • South African banking regulations rank with the best in the world.
The sector has long been rated among the top 10 globally, e.g. David Hathorn, Group CEO of Mondi says, “Mondi and WWF have a successful association workingtogether on projects. This international partnership enables us to join forces on a larger scale. This international partnership enables us to join forces on a larger scale.
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“Johannesburg, 20 February 2014 — Mondi Group and WWF International announced today that they will work together in a three-year strategic partnership that focuses on increasing environmental stewardship in the packaging and paper sectors”.