Positive side of the SA economy

The following statistics were given during the 2011 State of the Nation Address by President Jacob Zuma:

  • 400 000 – the number of additional South Africans served with a basic water supply in 2010
  • 81% – the proportion of the country now electrified, compared to 63% in the year 2000
  • R20-billion – tax allowances or tax breaks to be put in place to promote investment, expansion and upgrades in South Africa’s manufacturing sector
  • R550-million – funds set aside for infrastructure upgrades and expansions countrywide
  • 7.3-million – the number of tourists that arrived in South Africa in 2010
  • 95 – the number of major international meetings and conferences that South Africa has already secured between now and 2016
  • R75-billion – Eskom’s investment in new power stations, as well as the return to service and transmission of other projects
  • R2.6-billion – the amount that the government will spend on water services this year
  • 2.5-trillion – the value of South Africa’s mining assets – in US dollars

Information provided via Acsis financial services group.

A few days later, the Johannesburg Stock Exchange All-Share Index breached its highest level, previously set in May 2008.

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