South Africa

Howzit, South Africa

South Africa is arguably the second largest and most industrialised economy in Africa. In 2023. the country had a gross domestic product (GDP) of over $280bn that when adjusted for purchasing power parity is around $758bn. Its highest contributing industries include manufacturing and mining which collectively make up 22% of the South African economy.

Our Value Add

As these industries continue to grow and new legislation and policies are implemented to account for this growth, it will become more and more important for international entities entering the South African market to have a trustworthy compliance partner.

  • How to say hello to the locals:
    English: Howzit! | isiXhosa: Mholo! | Zulu: Sawubona!

  • Capital City:
    Cape Town & Pretoria

  • Currency:
    ZAR – Rand

  • Tax Year:
    1 March – 28 February

  • Time Zone:
    (GMT +2)

  • How to say thank you to the locals:
    English: Thank you! | Zulu: Ngiyabonga ! | IsiXhosa: Ndiyabulela! | Afrikaans: Baie Dankie

Looking to expand your business into South Africa?