Symbol of Success is Auto Industry in South Africa

Introduction The success of the automobile industry is the key to South Africa 's economic prosperity and there are OEMs such as BMW, Nissan, Ford, Volkswagen and Die. Mueller - Chrysler / Mercedes, General Motors and Toyota Motor Parts Manufacturer (ACM) (Naude, 2009: 10) in three of South Africa's 9 provinces. The most effective tool used in the South African automotive industry is the cooperation of buyers and suppliers. This is consistent with the purpose of the mission to identify and discuss these factors.

South Africa's mining is the main driving force for the history and development of Africa's most advanced and richest economy (mining in South Africa). When the Witwatersrand Bank discovered gold in 1886, it made thousands of foreigners do this area (South African mining). The gold mining industry in this area continues to grow. South Africa has developed throughout the life of mining. Gold mining pushed the South African national economic growth to the stage of self-sustaining development, creating a unified labor market throughout South Africa. It played an important role in the formation of South Africa's dominant racial oligarchy until the collapse of the apartheid system in the 1990s. (Power of Mining) South Africa is the world leader in mining. It is the largest producer of manganese, platinum and chromium in the world (mining in South Africa). This is part of the mineral revolution

The South African government has revamped the industry comprehensively through its Ministry of International Trade and Industry and automobile manufacturers operating in that country and has earned high praise in the world market. In the apartheid era, South Africa was isolated. This is a situation where South Africa failed in the competitive automobile industry. Today, overseas automakers are entering South Africa and are investing in local companies trying to prove that they can reduce costs and improve world class quality. South Africa's automobile exports in 1995 were from 15,000 to 20,000, but since then the export index has grown to nearly 200,000 and South Africa will become a powerful competitor in the world I have proof. In addition, South Africa does not require government intervention or a partnership to foreign investment.

When South Africa decided to invest in other African countries they were diversifying the African economy and helped to reduce dependence on primary industries. South Africa is focusing not only on oil and gas, but also on telecommunications, banking services and mining. In addition to entering the African market, they create African markets by building infrastructure, transferring technology and knowledge, encouraging foreign law enforcement agencies, and strengthening democratic institutions. For example, South Africa exported 4.3 billion Swiss francs to other parts of Africa. Most of them included oil imported from Nigeria, imports amounted to 5 billion Rand. This figure shows the imbalance between South African goods and services and African consumers. Domestic companies are trying to integrate them into the regional economy by hiring local employees or purchasing materials from local processes.