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Conversis, a translation and localization company based in the UK and U.S., has just released an additional country report on South Africa for its Cultural Commentaries: A Closer Look section, on the company's Web site (www.conversisglobal.com).
The report outlines the country's growth following years of strict racial segregation under Apartheid. Currently, South Africa's economy continues to gain momentum rising from three percent during the first decade after Apartheid to close to five percent in 2005. The boom has been attributed to high commodity prices, large capital inflows and strong domestic consumer demand, and rooted in anti-poverty measures, growing employment, and rising asset prices.
“Although South Africa has faced many struggles, the country has abundant resources and the highest growth domestic product rate in Africa, which leads many people to have high expectations for the new South Africa,” said Gary Muddyman, CEO and Managing Director of Conversis.
The report outlines the country's growth following years of strict racial segregation under Apartheid. Currently, South Africa's economy continues to gain momentum rising from three percent during the first decade after Apartheid to close to five percent in 2005. The boom has been attributed to high commodity prices, large capital inflows and strong domestic consumer demand, and rooted in anti-poverty measures, growing employment, and rising asset prices.
“Although South Africa has faced many struggles, the country has abundant resources and the highest growth domestic product rate in Africa, which leads many people to have high expectations for the new South Africa,” said Gary Muddyman, CEO and Managing Director of Conversis.
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