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South Africa Inc.; the quest for gold; the rush is on for business ventures and investment opportunities in Mandela's new democracy. (South African Pres Nelson Mandela)
From:
Black Enterprise
| Date:
August 1, 1994| Author:
| COPYRIGHT 1994 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Nelson Mandela's successful ascension to the South African presidency has restored foreign investor confidence despite the transition to to new economic and trade policies. Since the World Bank has changed the country's status from developed to emerging nation, it qualifies for foreign loans.
Most analysts agree that the dismantling of apartheid has created numerous opportunities for investors and entrepreneurs looking to set foot in South Africa, where there are more than 40 million potential consumers. But analysts caution potential investors to temper their enthusiasm for South ...
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