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Market Spotlight: South Africa

Factum Scale
Here’s our assessment of South Africa as a market for global expansion.
  • South African officials recognize the need to attract foreign investors and are actively implementing reforms open to FDI to drive growth and competition.
  • U.S. companies have reported that protective tariffs and non-tariff barriers have impeded trading in South Africa. You should work with market consultants or local accountants to better understand the lengthy process of entering the market for the first time and to navigate the complete tariff structures.
  • Beyond tariffs, be mindful of non-tariff barriers, including port congestion, technical standards, theft of goods, import permits, violations of intellectual property rights, an inefficient bureaucracy, excessive regulation, and requirements to localize supply chains.

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