2. South Africa and Africa Presented by: Dawie Roodt 17 April 2007

3. 20062007 M3 (end of year)23.1%14.7% PSCE (adj. end of year)27.6%17.0% CPIX (average)4.6%5.1% Prime (full year)12.5% Current Account: GDP-6.4%-5.7% R/$ (end of year)7.047.15 GDP (full year)5.0%5.3% Economic Overview

4. Percentage of World GDP ‘04 Source: UNAIDS

5. 4% of African area 23% of African GDP 22% of African Exports 20% of African Imports

6. GDP Source: UN

7. Countries Compared to Provinces Source: UN

8. Africa Average Annual GDP Growth, 1996 - 2005 Equatorial Guinea Zimbabwe Average: 4.2 Source: World Bank, Africa Development Indicators, 2006 South Africa Mozambique Congo Median: 3.6 Angola Oil-exporters

9. Africa’s Divergent Growth Paths Ave: 5.5 Ave: 3.4 Ave: 1.3 Ave: 7.4 Namibia (4.0) Malawi (3.2) South Africa (3.1) Source: World Bank, Africa Development Indicators, 2006 Kenya (2.8) DRC (0.0) Zimbabwe (-2.4) Mozambique (8.4) Botswana (5.7) Mauritius (4.9) Eq. Guinea (20.9) Angola (7.9) Nigeria (4.0)

10. 2007: Economic Freedom Index

11. Economic Freedom Per Category Source: The Heritage Foundation

12. Economic Freedom Index, 2007 South Africa (’06) Hong Kong Cuba Average: 61 Median: 59 Source: The Heritage Foundation South Africa (’07) South Africa (’95) Libya Mauritius Africa max and min

13. Economic Freedom Index - Africa, 2007 Mauritius Libya Average: 54 Source: The Heritage Foundation South Africa Botswana Zimbabwe

14. Socio-Economic Development

15. Close-up on South Africa Category20042006 Total population (000)46.6mil47.4mil Annual population growth rate (%)1.1%-0.4% ? Population 0-14 years(%)33%32% Rural population (%)41 Total fertility rate (births per woman)2.82.7 Infant mortality rate (1,000)5360 Life expectancy at birth (years)4642 HIV rate (%) in adults (15-49 years)15.620.0% Poverty (% of pop. on less than $2 a day)34 GDP per capita (PPP) US$11 19212 760 GDP growth rate (%)4.5%5.0% Children of primary school-age who are out-of-school (%)7 Source: Unesco and World Bank Development Indicators

16. Human Poverty Index (HPI): Developing Countries (HPI-1),2004 South Africa 2004 Cuba Mali Average: 30 Median: 27 Source: Human Development Report, 2006 (undp.org) South Africa(1998)

17. Male Life Expectancy at Birth, 2004 Sierra Leone Average: 51 Source: Africa Development Indicators, World Bank, 2006 South Africa Swaziland Tunisia

18. Sustained Access to Improved Sanitation, latest 2000-04 Chad Average: 40 Source: Africa Development Indicators, World Bank, 2006 South Africa Ethiopia Mauritius

19. AIDS Source: UNAIDS

20. Eddjucation

21. Adult Literacy Rate (2005) Source: Human Development Report, 2006 (undp.org) South Africa: 82.2 Mali Estonia Average: 79.5 Median: 87.4 South Africa (1991): 82.1

22. Pupils-Teacher Ratio in Primary Education (Newest data available) Source: UNESCO South Africa 2004 Central African Republic Libya Average: 26.7 Median: 23.0 South Africa (2006)

23. The Zim disaster

24. Development Data & Statistics 2004WorldSouth AfricaZimbabwe GDP (current US$, bn)41 365.8214.74.7 GNI per capita (current US$)6 338.03 670.0620.0 Life expectancy (years)67.344.637.2 Population, total (millions)6 363.245.512.9 Population growth (annual %)1.2-0.70.6 Surface area (000, sq km)133 940.91 219.1390.8 Source: World Bank

25. Zimbabwe: GDP Source: IMF

26. Zimbabwe: GDP Source: IMF

27. Zimbabwe: Inflation Source: IMF and IMF forecasts

28. Zimbabwe GDP, Current Prices, Zim$ 2000 Zim$361.4 bn 2005 Zim$75,421.1 bn +20,798.0%

29. Zimbabwe GDP, Current Prices, US$ 2000 $8.1bn 2005 $4.5bn Source: IMF -44.0%

30. Mistakes made in Africa  Private Property Rights  Regulated Prices  Idolise Leaders  Marketing Boards  Nepotism  Incompetence  Corruption  Poor Fiscal Discipline  Poor Monetary Policy  Unrealistic Projects ??????????

31. Asset Allocation

32. Reason Equities Demand/Rand/International BondsInflation/Supply/Interest Rates CashUnchanged Short Rates PropertyProperty Cycle – Heavy Overweight – Overweight – Neutral – Underweight – Heavy Underweight

33. Local Equities, 2006 Economic Sector MCEAAJSE Sector Mining and Quarrying32%33%Mining, Platinum, Gold, Coal Finance, prop and bus. serv30%25% Banks, Insurance, Life Ass, Media & Pht, IT, Property, Support Serv Manufacturing12%18% Auto, Basic Ind, Beverages, Chem, Elect, IT Hard, Pharm & Bio, Steel & Other Personal Service6%5% Cyc Serv, Health, Leisure Ent, Non-cyc Serv, Person Care Transport, storage and comm.6% Telecomm, Transport Trade, hotels and restaurants6%4% Cyc Cons, Food & Drug, Gen Retail, House Goods, Non-cyc Cons Electricity, gas and water4%3%Oil & Gas Agri, Forestry and Fishing3%1%Food Prod Construction2%5%Const & Build 100%

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