Обзор экономики и отраслей
South Africa has the most industrialised economy in Africa and is classified as an upper-middle-income developing country. The economy is anchored by a large financial services sector, significant mining and resources activity spanning gold, platinum-group metals, and coal, as well as retail, telecommunications, and manufacturing. The Johannesburg Stock Exchange is the largest stock exchange on the African continent, accounting for roughly 60 percent of Africa's total equity market value. Structural constraints including a persistently high unemployment rate of around 32 percent, infrastructure gaps in electricity and logistics, and elevated public debt continue to weigh on medium-term growth prospects. Real GDP grew 1.1 percent in 2025, recovering modestly from 0.5 percent in 2024, supported by improvements in agricultural output and financial services activity.
Ключевые секторы
Всё о стране South Africa →Макро
| ВВП номинальный, USD | $427.20B |
| Рост ВВП реальный, годовой | 1.1% |
| Инфляция годовая | 3.2% |
| Население человек | 64.7M |
| ВВП на душу населения USD | $6,598 |
| Рыночная капитализация всего на бирже, USD | $1.48T |
| Рыночная капитализация / ВВП | 346.5% |
| Безработица | 31.9% |
| Листингованные компании | 280 |
| Биржа | Johannesburg Stock Exchange (JSE) |
Год данных: 2025. Источники: World Bank, African Development Bank, Statistics South Africa (Stats SA), South African Reserve Bank (SARB), OECD Economic Survey South Africa 2025, JSE Limited Integrated Annual Report 2024, MSCI Market Classification, UN Macroeconomic Trends South Africa January 2026, Deloitte Africa Economic Outlook 2026, iShares EZA ETF factsheet, ETF Database (etfdb.com). Individual figures may cover different reference periods — for example a fiscal year, or an estimate for the current year — and the overview above states these where known.
Последние новости
Links open the publisher's website in a new tab.
- Africa's largest economy sees citrus exports take double hit from Iran war and bad weather, as world's largest economy ends trade privileges, threatening its $1.3 billion fruit market
- US-South Africa: Ramaphosa tests Trump’s visa sanctions with AI-focused US visit
- Policy, People and Progress: The Digital Africa Summit Returns to Cape Town, South Africa
Крупнейшие листингованные компании
Крупнейшие компании на основной местной бирже по рыночной капитализации.
| # | Компания | Сектор | Рыночная капитализацияUSD | Листинг в США |
|---|---|---|---|---|
| 1 | NaspersNPN · JSE | Technology / Internet / Media | $27.00B | NPSNY |
| 2 | FirstRandFSR · JSE | Banking / Financial Services | $17.50B | — |
| 3 | Capitec BankCPI · JSE | Banking / Financial Services | $17.50B | — |
| 4 | Standard Bank GroupSBK · JSE | Banking / Financial Services | $17.00B | SGBLY |
| 5 | Gold FieldsGFI · JSE | Gold Mining | $11.00B | GFI |
| 6 | Absa GroupABG · JSE | Banking / Financial Services | $10.50B | — |
| 7 | Anglo American Platinum (Amplats)AMS · JSE | Platinum Group Metals Mining | $10.00B | AGPPY |
| 8 | Shoprite HoldingsSHP · JSE | Retail / Consumer Staples | $9.50B | — |
| 9 | SanlamSLM · JSE | Insurance / Financial Services | $9.00B | — |
| 10 | Nedbank GroupNED · JSE | Banking / Financial Services | $7.50B | — |
| 11 | MTN GroupMTN · JSE | Telecommunications | $7.00B | MTNOY |
| 12 | Vodacom GroupVOD · JSE | Telecommunications | $6.50B | — |
| 13 | Discovery LimitedDSY · JSE | Insurance / Financial Services | $5.50B | — |
| 14 | Bid Corporation (Bidcorp)BID · JSE | Food Services / Distribution | $5.20B | — |
| 15 | Old MutualOMU · JSE | Insurance / Asset Management | $5.00B | — |
| 16 | SasolSOL · JSE | Energy / Chemicals | $4.50B | SSL |
| 17 | Sibanye StillwaterSSW · JSE | Precious Metals Mining | $3.50B | SBSW |
| 18 | Kumba Iron OreKIO · JSE | Iron Ore Mining | $3.50B | — |
| 19 | Impala Platinum (Implats)IMP · JSE | Platinum Group Metals Mining | $3.20B | IMPUY |
| 20 | Bidvest GroupBVT · JSE | Industrial Conglomerate / Services | $3.20B | — |
| 21 | RemgroREM · JSE | Diversified Investment / Holding Company | $3.00B | — |
| 22 | Woolworths HoldingsWHL · JSE | Retail / Consumer Discretionary | $2.80B | — |
| 23 | Mr Price GroupMRP · JSE | Retail / Apparel | $2.80B | — |
| 24 | Mediclinic InternationalMEI · JSE | Healthcare / Private Hospitals | $2.50B | — |
| 25 | Clicks GroupCLS · JSE | Retail / Health & Beauty | $2.50B | — |
| 26 | Foschini Group (TFG)TFG · JSE | Retail / Apparel | $2.10B | — |
| 27 | Truworths InternationalTRU · JSE | Retail / Apparel | $1.90B | — |
| 28 | NetcareNTC · JSE | Healthcare / Private Hospitals | $1.70B | — |
| 29 | Tiger BrandsTBS · JSE | Consumer Staples / Food Manufacturing | $1.60B | — |
| 30 | Telkom SATKG · JSE | Telecommunications | $800.00M | — |
| 31 | Pick n Pay StoresPIK · JSE | Retail / Consumer Staples | $700.00M | — |
| 32 | BHP GroupBHG · JSE | Mining & Resources Secondary listing | $130.00B | BHP |
| 33 | AB InBev (Anheuser-Busch InBev)ANH · JSE | Consumer Staples / Beverages Secondary listing | $90.00B | BUD |
| 34 | ProsusPRX · JSE | Technology / Internet Secondary listing | $74.00B | PROSY |
| 35 | British American Tobacco (BAT)BTI · JSE | Consumer Staples / Tobacco Secondary listing | $60.00B | BTI |
| 36 | Compagnie Financière RichemontCFR · JSE | Luxury Goods / Consumer Discretionary Secondary listing | $58.00B | CFRUY |
| 37 | GlencoreGLN · JSE | Mining & Commodities Trading Secondary listing | $42.00B | GLNCY |
| 38 | Anglo AmericanAGL · JSE | Diversified Mining Secondary listing | $35.00B | NGLOY |
| 39 | AngloGold AshantiANG · JSE | Gold Mining Secondary listing | $12.00B | AU |
| 40 | Mondi GroupMNP · JSE | Paper & Packaging Secondary listing | $8.00B | — |
ETF на рынках США
Фонды, зарегистрированные в США и обеспечивающие доступ к этому рынку, наиболее простой маршрут для многих американских инвесторов.
| ETF | Охват | Коэффициент расходов% годовых | Экспозиция% фонда |
|---|---|---|---|
| EZAiShares MSCI South Africa ETF · BlackRock (iShares) | Одна страна | 0.59% | 92% |
| EDIVState Street SPDR S&P Emerging Markets Dividend ETF · State Street (SPDR) | Широкий EM | 0.49% | 8% |
| DVYEiShares Emerging Markets Dividend ETF · BlackRock (iShares) | Широкий EM | 0.50% | 9% |
| SDEMGlobal X - MSCI SuperDividend Emerging Markets ETF · Global X | Широкий EM | 0.66% | 8% |
| AFKVanEck Africa Index ETF · VanEck | Региональный | 0.76% | 22% |
| EMQQEMQQ The Emerging Markets Internet ETF · EMQQ Global | Широкий EM | 0.86% | 8% |
Местная биржа и доступ
| Биржа | Johannesburg Stock Exchange |
| Код | JSE |
| Сайт | www.jse.co.za |
| Валюта | ZAR |
Доступ через местных брокеров
International investors can access JSE-listed securities through local South African brokers such as PSG Wealth, Absa Stockbrokers, Standard Bank Online Share Trading, Nedbank Private Wealth, and Investec Securities. Several global online brokers also provide access to JSE-listed shares and South African ADRs or OTC-quoted stocks. Foreign investors are subject to South African Reserve Bank exchange control rules and securities transfer tax of 0.25 percent on share purchases.
Глобальные брокеры с доступом к иностранным рынкам
- Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
- Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
- Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
- Fidelity International Trading — International stock trading on a number of developed and emerging markets.
Приведено исключительно для справки, не является рекомендацией. Доступные рынки, комиссии и условия обслуживания различаются у разных брокеров и зависят от страны вашего проживания.
Переезд и вид на жительство
Инвестиционная виза / программа вида на жительство
Гранты No formal investment-migration programme
South Africa does not operate a formal golden visa or citizenship-by-investment programme. Foreign nationals can apply for various temporary and permanent residence permits under the Immigration Act, including business and financially independent person permits, but these are not structured as investment-migration products with a defined minimum capital threshold.
Нужна помощь с подачей заявки? Специализированные консультанты по инвестиционной миграции, например Henley & Partners.
Доступ для иностранных инвесторов
Foreign nationals seeking to reside in South Africa long-term may apply for a Financially Independent Person permit, requiring demonstrable net worth and a prescribed annual fee, or a Business Visa tied to an approved business plan. The Department of Home Affairs administers all immigration matters. South Africa does not grant residency or citizenship as a direct reward for capital investment in the way that formal investment-migration programmes do.
АДР и кросс-листинги в США
Компании из этой страны, акции которых также торгуются в США, доступны через обычный брокерский счёт в США.
| Компания | Тикер в США | Местный тикер | Примечание |
|---|---|---|---|
| AngloGold Ashanti Limited | AU | ANG | AngloGold Ashanti shifted its primary listing to the NYSE in 2024 and maintains a JSE secondary listing. It trades on the NYSE under the ticker AU and is one of the most liquid South African mining names available to US investors. |
| DRDGOLD Limited | DRD | DRD | DRDGOLD is a surface gold tailings retreatment company listed on the NYSE under DRD and on the JSE under DRD. It is majority owned by Sibanye Stillwater and focuses exclusively on the environmentally differentiated business of extracting residual gold from historic mine dumps around Johannesburg. |
| Gold Fields Limited | GFI | GFI | Gold Fields has a primary JSE listing and a long-standing NYSE ADR listing under the same ticker GFI. The ADR is among the most actively traded South African securities in the US market, benefiting from increased gold price interest. |
| Harmony Gold Mining Company Limited | HMY | HAR | Harmony Gold is listed on the NYSE under the ticker HMY and on the JSE as HAR. It provides direct US-market access to South African deep-level and Papua New Guinea gold mining operations. |
| Impala Platinum Holdings Limited | IMPUY | IMP | Impala Platinum trades as an OTC ADR under IMPUY in the US market. It is one of the two largest primary platinum producers globally and offers investors direct exposure to the platinum-group metals market from the Bushveld Complex. |
| MTN Group Limited | MTNOY | MTN | MTN Group trades on the US OTC market as an ADR under the ticker MTNOY. It provides exposure to Africa's largest telecommunications network operator, with operations spanning over 18 African and Middle Eastern countries. |
| Naspers Limited | NPSNY | NPN | Naspers trades as an OTC ADR in the US under NPSNY. Its value is substantially driven by its indirect stake in Tencent Holdings via its Prosus subsidiary, making it a proxy for Chinese technology sector performance within a South African listed vehicle. |
| Sasol Limited | SSL | SOL | Sasol has a NYSE ADR listing under the ticker SSL, alongside its primary JSE listing. It offers US investors exposure to the global chemicals and synthetic fuels sector through a company that operates proprietary Fischer-Tropsch coal-to-liquids and gas-to-liquids technology. |
| Sibanye Stillwater Limited | SBSW | SSW | Sibanye Stillwater trades on the NYSE as SBSW and on the JSE as SSW. It is a key US-accessible vehicle for exposure to South African platinum-group metals and gold, as well as palladium assets in the United States. |
| Vodacom Group Limited | VDMCY | VOD | Vodacom Group is accessible to US investors through an OTC ADR under the ticker VDMCY. The company is South Africa's largest mobile operator by revenue and a majority-owned subsidiary of Vodafone Group. |