South Africa
Africa · Pretoria (administrative); Cape Town (legislative); Bloemfontein (judicial) · ZAR (South African Rand)
経済・産業概況
South Africa is the most industrialised economy on the African continent and a member of the G20, with nominal GDP of approximately $400 billion in 2024. Its economy is diversified across mining and resources (gold, platinum, coal, diamonds), financial services, manufacturing, retail, and telecommunications. The Johannesburg Stock Exchange (JSE) is Africa's largest bourse by market capitalisation, accounting for roughly 60% of total African equity market value. Structural challenges including persistently high unemployment (above 32%), infrastructure constraints — particularly in electricity supply — and slow GDP growth (0.6% in 2024) continue to weigh on the economy. South Africa is a key gateway for investment into sub-Saharan Africa and hosts the continent's deepest and most liquid capital markets.
主要セクター
📘 South Africaのすべてを知る →マクロ
| GDP 名目, USD | $400.26B |
| GDP成長率 実質, 年率 | 0.6% |
| インフレ率 年率 | 4.4% |
| 人口 人 | 62.0M |
| 一人当たりGDP USD | $5,709 |
| 時価総額 上場総額, USD | $1.48T |
| 時価総額/GDP | 370.0% |
| 失業率 | 33.2% |
| 上場企業数 | 431 |
| 取引所 | Johannesburg Stock Exchange (JSE) |
データ年度: 2024. 出典: World Bank (GDP, GDP per capita, population), Statistics South Africa (Stats SA) — GDP Q4 2024, QLFS unemployment, South African Reserve Bank (SARB), JSE Limited / Wikipedia JSE article (market cap, listings count, January 2026), Focus Economics (inflation, unemployment), Macrotrends / ILO (unemployment rate 2024), Trading Economics (macro indicators), iShares / BlackRock (EZA ETF), CompaniesMarketCap.com (company market caps), Department of Home Affairs South Africa (visa information).
最新ニュース
- AIIB’s First Investment in South Africa: USD500 Million to Strengthen Climate-Resilient Urban Services
- A sharp fall in gas supplies in 2028 threatens South Africa’s economy: how to manage the fallout
- Africa’s biggest bank warns South Africa against restricting migration, citing Brexit’s economic damage
主要上場企業
現地主要取引所における時価総額上位企業。
| # | 企業 | セクター | 時価総額USD | 米国上場 |
|---|---|---|---|---|
| 1 | Naspers LimitedNPN · JSE | Information Technology / Internet | $43.00B | — |
| 2 | Prosus N.V.PRX · JSE | Information Technology / Internet | $78.00B | — |
| 3 | FirstRand LimitedFSR · JSE | Financial Services / Banking | $21.00B | FANDY |
| 4 | Standard Bank GroupSBK · JSE | Financial Services / Banking | $18.50B | SGBLY |
| 5 | Capitec Bank HoldingsCPI · JSE | Financial Services / Banking | $16.00B | — |
| 6 | Anglo American Platinum (Amplats)AMS · JSE | Mining / Platinum Group Metals | $13.50B | AGPPY |
| 7 | Absa Group LimitedABG · JSE | Financial Services / Banking | $11.50B | AGRPY |
| 8 | MTN GroupMTN · JSE | Telecommunications | $9.50B | MTNOY |
| 9 | Shoprite HoldingsSHP · JSE | Consumer Staples / Retail | $9.20B | SRHGY |
| 10 | AngloGold AshantiANG · JSE | Mining / Gold | $9.00B | AU |
| 11 | Nedbank GroupNED · JSE | Financial Services / Banking | $8.20B | NDBKY |
| 12 | Remgro LimitedREM · JSE | Diversified Holdings / Investment | $6.50B | — |
| 13 | Sanlam LimitedSLM · JSE | Financial Services / Insurance | $8.50B | SLLDY |
| 14 | Sibanye StillwaterSSW · JSE | Mining / Gold & PGMs | $5.80B | SBSW |
| 15 | Pick n Pay StoresPIK · JSE | Consumer Staples / Retail | $1.20B | PKPYY |
| 16 | Gold Fields LimitedGFI · JSE | Mining / Gold | $8.80B | GFI |
| 17 | Impala Platinum Holdings (Implats)IMP · JSE | Mining / Platinum Group Metals | $4.50B | IMPUY |
| 18 | Sasol LimitedSOL · JSE | Energy / Chemicals | $5.50B | SSL |
| 19 | Old Mutual LimitedOMU · JSE | Financial Services / Insurance & Asset Management | $5.20B | ODMTY |
| 20 | Woolworths HoldingsWHL · JSE | Consumer Discretionary / Retail | $3.80B | — |
| 21 | Exxaro ResourcesEXX · JSE | Mining / Coal & Energy Transition | $3.60B | — |
| 22 | Growthpoint PropertiesGRT · JSE | Real Estate / REIT | $3.40B | — |
| 23 | Vodacom GroupVOD · JSE | Telecommunications | $7.50B | VDMCY |
| 24 | Discovery LimitedDSY · JSE | Financial Services / Insurance & Healthcare | $5.00B | — |
| 25 | Momentum Metropolitan HoldingsMTM · JSE | Financial Services / Insurance | $2.80B | — |
| 26 | Reinet InvestmentsRNI · JSE | Diversified Holdings / Investment | $3.70B | — |
| 27 | Bid Corporation (Bidcorp)BID · JSE | Consumer Staples / Food Services Distribution | $7.20B | — |
| 28 | Bidvest GroupBVT · JSE | Diversified Industrials / Services | $4.50B | — |
| 29 | Richemont (Compagnie Financière Richemont SA)CFR · JSE | Consumer Discretionary / Luxury Goods | $50.00B | CFRUY |
| 30 | Mondi plcMNP · JSE | Materials / Packaging & Paper | $7.50B | — |
| 31 | Truworths InternationalTRU · JSE | Consumer Discretionary / Fashion Retail | $1.80B | — |
| 32 | The Foschini Group (TFG)TFG · JSE | Consumer Discretionary / Fashion Retail | $2.20B | — |
| 33 | Life Healthcare GroupLHC · JSE | Healthcare / Private Hospital | $1.50B | — |
| 34 | Netcare LimitedNTC · JSE | Healthcare / Private Hospital | $1.80B | — |
| 35 | Clicks GroupCLS · JSE | Consumer Staples / Health & Beauty Retail | $3.10B | — |
| 36 | Kumba Iron OreKIO · JSE | Mining / Iron Ore | $4.20B | KIROY |
| 37 | Pepkor HoldingsPPH · JSE | Consumer Discretionary / Value Retail | $3.80B | — |
| 38 | South32 LimitedS32 · JSE | Mining / Diversified Resources | $10.00B | SOUHY |
| 39 | Mr Price GroupMRP · JSE | Consumer Discretionary / Value Fashion Retail | $3.20B | — |
| 40 | Naspers / Multichoice GroupMCG · JSE | Media / Pay Television | $3.10B | — |
米国上場ETF
この市場へのエクスポージャーを持つ米国上場ファンド — 多くの米国投資家にとって最もシンプルなアクセス手段です。
| ティッカー | ETF | 運用会社 | 対象範囲 | 経費率年率% | エクスポージャーファンドの% |
|---|---|---|---|---|---|
| EZA | iShares MSCI South Africa ETF | BlackRock / iShares | 単一国 | 0.59% | 100% |
| VWO | Vanguard FTSE Emerging Markets ETF | Vanguard | 新興市場全体 | 0.08% | 3% |
| IEMG | iShares Core MSCI Emerging Markets ETF | BlackRock / iShares | 新興市場全体 | 0.09% | 3% |
| SCHE | Schwab Emerging Markets Equity ETF | Charles Schwab | 新興市場全体 | 0.11% | 3% |
| EEM | iShares MSCI Emerging Markets ETF | BlackRock / iShares | 新興市場全体 | 0.70% | 3% |
| AFK | VanEck Africa Index ETF | VanEck | 地域別 | 0.78% | 30% |
現地取引所とアクセス方法
| 取引所 | Johannesburg Stock Exchange |
| コード | JSE |
| ウェブサイト | www.jse.co.za |
| 通貨 | ZAR |
現地ブローカーアクセス
International investors can access JSE-listed securities through global online brokers that support South African equities (e.g., Interactive Brokers, Saxo Bank). Local South African brokers include PSG Online, EasyEquities, Standard Bank Online Share Trading, Nedbank Online Share Trading, and FNB Share Investing. Non-residents may open accounts subject to FICA (Financial Intelligence Centre Act) compliance and SARB exchange control regulations. Many top JSE companies also carry US ADR listings, enabling USD-denominated access through standard US brokers.
海外市場対応のグローバルブローカー
- 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.
参考情報として掲載しており、推奨ではありません。対応市場、手数料、口座開設条件はブローカーや居住国によって異なります。
移住・居住権
投資ビザ・居住権プログラム
付与内容 Permanent residency (Financially Independent Person permit) — no formal golden visa programme
South Africa does not operate a formal golden visa or citizenship-by-investment programme. However, the Department of Home Affairs offers a Financially Independent Person (FIP) permit under Section 27(f) of the Immigration Act, which allows foreign nationals with a net worth of at least ZAR 12 million (approximately USD 650,000 at current rates) to apply for permanent residency without a job offer or business requirement. This is not a structured investment-migration programme and does not confer citizenship. A Retirement Visa is available for persons over 60 with a monthly income of at least ZAR 37,000. The government has discussed but not yet formally launched a dedicated investment-migration scheme as of mid-2026.
最低投資額: $650.00K
申請のサポートが必要な場合は、投資移住専門のアドバイザー(例: Henley & Partners.
外国人投資家のアクセス
South Africa offers a Financially Independent Person (FIP) permanent residency permit for high-net-worth individuals with a net worth of at least ZAR 12 million. Retirement visas, critical skills visas, and business visas are also available. The country has 11 official languages and well-developed infrastructure in major urban centres (Johannesburg, Cape Town, Durban). Cost of living is moderate by global standards. The South African Revenue Service (SARS) taxes residents on worldwide income; emigration and exchange control procedures apply when transferring assets offshore.
米国上場ADR・クロスリスティング
米国でも株式が取引されている当該国の企業 — 通常の米国証券口座で投資可能です。
| 企業 | 米国ティッカー | 現地ティッカー | 備考 |
|---|---|---|---|
| Anglo American Platinum (Amplats) | AGPPY | AMS | OTC-traded ADR for the world's largest primary PGM producer. Subsidiary of Anglo American plc. |
| AngloGold Ashanti | AU | ANG | NYSE-listed ADR; redomiciled primary listing to NYSE in 2023-2024 while retaining JSE and Ghana Stock Exchange listings. One of the world's largest gold producers. |
| Compagnie Financière Richemont SA | CFRUY | CFR | OTC-traded ADR for the Swiss luxury goods conglomerate (Cartier, IWC, Van Cleef & Arpels) with secondary JSE listing. Controlled by the South African Rupert family. |
| FirstRand Limited | FANDY | FSR | OTC-traded ADR for South Africa's largest banking group by market capitalisation. Operates FNB, RMB, and Wesbank. |
| Gold Fields Limited | GFI | GFI | NYSE-listed ADR for South Africa's second-largest gold miner; dual-listed on JSE and NYSE. Produces approximately 2 million ounces of gold annually across South Africa, Australia, Ghana, Peru, and Chile. |
| Impala Platinum Holdings | IMPUY | IMP | OTC-traded ADR for Implats, one of the world's largest PGM producers with operations in South Africa and Zimbabwe. |
| MTN Group | MTNOY | MTN | OTC-traded ADR (Pink Sheets/OTCQX) for Africa's largest mobile network operator. Not listed on a major US exchange; traded over-the-counter. |
| Sasol Limited | SSL | SOL | NYSE-listed ADR for the integrated energy and chemicals company; dual-listed JSE and NYSE. Known for its coal-to-liquids and gas-to-liquids technology. |
| Shoprite Holdings | SRHGY | SHP | OTC-traded ADR for Africa's largest food retailer. Provides USD access to the JSE-listed consumer staples giant. |
| Sibanye Stillwater | SBSW | SSW | NYSE-listed ADR; dual-listed on JSE and NYSE. Major gold and PGM producer with operations in South Africa and the US (Stillwater complex, Montana). |
| Standard Bank Group | SGBLY | SBK | OTC-traded ADR for Africa's largest bank by assets. Approximately 20% owned by ICBC of China. |
| Vodacom Group | VDMCY | VOD | OTC-traded ADR for South Africa's largest mobile operator by revenue. Subsidiary of Vodafone Group plc. |