South African ink industry

The economy of South Africa in respect to the mineral wealth is discussed. South Africa boasts of world's largest reserves of gold, manganese, chromium, platinum group metals, vanadanium and alumino-silicates. It is observed that the South African economy is small in relation to the US, UK, Germany and Japan and accounts for only 0.5% of the global GDP. The Gauteng Province accounts for 37% of the country's GDP. South African's macro economic policies have pushed privatization, free trade and the creation of a favourable investment environment in the country.