International Business

Economic sanctions are when trading with a certain country is restricted or results in penalties. “Commonwealth of Nation overcomes UK objections, adopts sanctions package similar to that adopted by US, EC. Commonwealth package also includes ban on government loans to South African government, threatens increased sanctions if progress on dismantling apartheid is not made within six months.” (Document H: Page 35). This quote describes the steps taken by countries to prevent apartheid from continuing in South Africa. By not trading with South Africa, they are making sure South Africa gets less money which will encourage them to end apartheid so that they can continue making money. Another example of external pressure that contributed to the fall of apartheid are sports. “Sport has long been an important part of life in South Africa, and the boycotting of games by international teams had a profound effect on the white population, perhaps more so than the trade embargoes did.” (External: Stations Document). The majority of people in South Africa believed that sports games were a great source of entertainment and allowed them to have pride in their country- however, when international teams no longer wanted anything to do with South Africa because of the apartheid, the effects were

Google Scholar requires some strict guidelines for inclusion. ASIB will need to ensure all documents are formatted correctly on their website to be considered for inclusion on Google Scholar. I have outlined some of the requirements below. For more detailed information on specific requirements, visit Google Scholars website at http://www.google.com/intl/en/scholar/inclusion.html#overview.

the

Colonization created the system of slave trade, in order to help build the economic foundations of established colonies. However, doing so leaves the victims of this trade with a legacy of limited potential. For instance, past colonization has influenced disproportionate distributions of income in South Africa; the lowest on the continent. “Colonialism has left South Africa with a legacy of migrant labor, particularly among workers in the gold and diamond mine…” As a result, it guarantees that the majority of the black African population is stricken with poverty in contrast with the history of wealth and

We know that technology changes too fast and this would make biometrics be easier, faster, and more accurate.

"The world 's biggest diamond mining and marketing company, De Beers Consolidated Mines of South Africa, announced in February 2000, that it will no longer buy any diamonds sourced from a region controlled by an armed group opposed to the legitimate authority in a country"(http://web.amnesty.org). According to a report by Partnership Africa Canada (P.A.C.), "upwards of 50,000 [have been] killed, half the population displaced, and more than two-thirds of its already severely limited infrastructure destroyed. Meanwhile, the underground trade of illicit diamonds is booming. Conflict diamonds are valued "between 4 percent and 15 percent of the world total" and generate annual trade revenues of $7.5 billion" (Johnson).

It is undisputable that the U.S has opened the doors to many countries, establishing multinational corporations and emerging new markets to explore international waters to help other nations flourish and gain a competitive advantage. For many years Africa has been floating in the U.S radar. The U.S has looked for ways to cultivate the land, understand the culture; people and strengthens its relationship with the African government. In recent years the continent has grown significantly with the opportunity of U.S market access and the creation of new export trade avenues to Africa. In May 2000, The African Growth and Opportunity Act (AGOA), a unilateral, trade agreement between Sub-Saharan Africa and the United States, launched new efforts to grow the African market. The enactment was deliberately created for eligible countries to participate in trade opportunities and to export their products to the U.S markets with duty free privileges. The opportunity has developed a substantial amount of trade and investment between Sub-Saharan countries and the U.S. Subsequently, the Doing Business in Africa (DBIA); campaign took effect on November 2012. The campaign’s major goal was to connect American businesses with African partners, to support existing and new U.S investments in Africa. Additionally, to inform and provide access to American companies to finance their exports and reduce barriers to trade and investment in Africa. In August 2014, the U.S and African leaders Summit

Structural changes have paved the way for allowing SSA to become competitive and attract investment; such changes have helped fuel the productivity revolution by helping companies to achieve economies of scale (McKinsey: 2010). Such improved governance has seen a number of African firms moving from informality to formality (OECD: 2006).

Supply chain can be a challenge when doing business outside of the United States, especially in emerging markets such as the BRICS & MIST. Therefore we felt this was an important criterion in deciding what country to launch our product.

Foreign to Africa has caused little to no outside investment in business within the continent and a sizable portion of the continent’s savings are

When it comes to South Africa, the nation remains a land of intrigue. Moreover, the nation remains filled with beautiful forestry and beautiful people. In fact, South Africa remains one of the most developed nations in all of Africa. However, it remains conventional wisdom that South Africa has faced and currently faces numerous challenges. To begin, South Africa is still healing from its brutal history of apartheid. During this time, millions of black South Africans remained disenfranchised from their own country. Moreover, South Africa remains a place with one of the world's highest HIV/AIDS rate. Therefore, numerous people that live in South Africa remain orphaned by the lasting effects disease. Fortunately, companies such as Ubuntu exist.

It is no secret that Africa is thought of as the poor cousin on the global scale. Pictures of starving African children are beamed into American households every day, and so it is no wonder that Africa is not considered viable ground for investment. A lot of American companies have

on the South African economy and may seriously affect the African continent to some extent.

The superimposing factor that gives South Africa such an advantage over other prospective African business environments is that it possesses of a very powerful and sophisticated vantage-point geographically. South Africa is strategically located for manufacturing and exportation into several regions globally and can be an unmitigated platform for MNC’s who may be interested in a venture within this region. The important advantages include regional competitiveness, combined with reduced operational costs and a significantly prominent market access (Safrica.info, 2011).

The third report on corporate governance in South Africa, authored by the King Committee, has been published as the King Report on Governance for South Africa 2009 and the King Code of Governance