Wednesday, March 25, 2009

Jordan Forex

Jordan Forex



Emerging Markets
The term emerging markets is used to describe a nation's social, or business activity in the process of rapid industrialization. The term "rapidly growing economy" is now being used to denote emerging markets.
Contents
1 Terminology
2 List of countries
3 See also
4 References
5 More Readings
//
Terminology
Originally brought into fashion in the 1980s by then World Bank economist Antoine van Agtmael,[1] the term is sometimes loosely used as a replacement for emerging economies, but really signifies a business phenomenon that is not fully described by or constrained to geography or economic strength; such countries are considered to be in a transitional phase between developing and developed status. Examples of emerging markets include China,[2] India, Pakistan, Mexico, Brazil [3], Chile, Argentina, Peru, much of Southeast Asia, countries in Eastern Europe, the Middle East, parts of Africa and Latin America. Emphasizing the fluid nature of the category, political scientist Ian Bremmer defines an emerging market as "a country where politics matters at least as much as economics to the markets."[4]
The research on emerging markets is diffused within management literature. While researchers including C. K. Prahalad, George Haley, Hernando De Soto, Usha Haley, and several professors from Harvard Business School and Yale School of Management have described activity in countries such as India and China, how a market emerges is little understood.
In the 2008 Emerging Economy Report [5] the Center for knowledge societies defines Emerging Economies as those "regions of the world that are experiencing rapid informationalization under conditions of limited or partial industrialization." It appears that emerging markets lie at the intersection of non-traditional user behavior, the rise of new user groups and community adoption of products and services, and innovations in product technologies and platforms.
The term "rapidly developing economies" is now being used to denote emerging markets such as The United Arab Emirates, Chile and Malaysia that are undergoing rapid growth.
In recent years, new terms have emerged to describe the largest developing countries such as BRIC and BRIMC that stand for Brazil, Russia, India, Mexico, and China. These countries do not share any common agenda, but some experts believe that they are enjoying an increasing role in the world economy and on political platforms.
A large number of research works are in progress at leading universities and business schools to study and understand various aspects of Emerging Markets.
List of countries
It is difficult to make an exact list of emerging (or developed) markets; the best guides tend to be investment information sources like ISI Emerging Markets and The Economist or market index makers (such as Morgan Stanley Capital International). These sources are well-informed, but the nature of investment information sources leads to two potential problems. One is an element of historicity; markets may be maintained in an index for continuity, even if the countries have since developed past the emerging market phase. Possible examples of this are South Korea, Taiwan, Israel, and Czech Republic. A second is the simplification inherent in making an index; small countries, or countries with limited market liquidity are often not considered, with their larger neighbours considered an appropriate stand-in.
The Big Emerging Market (BEM) economies are Brazil, China, Egypt, India, Indonesia, Mexico, Poland, Russia, South Africa, South Korea and Turkey.[6]
Newly industrialized countries are emerging markets whose economies have not yet reached first world status but have, in a macroeconomic sense, outpaced their developing counterparts.
As of June 2006, the Morgan Stanley Emerging Markets Index included:
Argentina
Brazil
Chile
China
Colombia
Czech Republic
Egypt
Hungary
India
Indonesia
Israel
Jordan
Malaysia
Mexico
Morocco
Pakistan
Peru
Philippines
Poland
Russia
South Africa
South Korea
Taiwan
Thailand
Turkey
The list tracked by The Economist is the same, except with Hong Kong, Singapore and Saudi Arabia included (MSCI classifies the first two as Developed Markets) -- and Jordan omitted.
See also
Developed market
Frontier markets
References
Goldman Sachs Paper No.134 BRIMC (English)
^ FT.com / Columnists / John Authers - The Long View: How adventurous are emerging markets?
^ Five Years of China’s WTO Membership. EU and US Perspectives on China’s Compliance with Transparency Commitments and the Transitional Review Mechanism, Legal Issues of Economic Integration, Kluwer Law International, Volume 33, Number 3, pp. 263-304, 2006. by Paolo Farah
^ Alternative Stock Library / Looking for Escape? Go Brazil!
^ [1]
^ Emerging Economy Report
^ Yale University Library: Emerging Markets - The Big Ten Countries
Michael Pettis, The Volatility Machine: Emerging Economies and the Threat of Financial Collapse (2001) ISBN 0-19-514330-2
More Readings
What Is An Emerging Market Economy?
Grant Thornton IBR - Emerging markets: reshaping the global economy - 2008
What Are Emerging Markets? University of Iowa Center for International Finance and Development
Emerging markets reports from Economist Intelligence Unit
Emerging Economy Report from Center for knowledge societiesThe content on this page (except for some HTML markup) is a verbatim copy (as of June, 28, 2008) of the respective page on the subject at Wikipedia, the free encyclopedia, current version of which may be found at: http://en.wikipedia.org/wiki/Emerging_markets
Posted by TheBankAccounts.com at 12:59 PM
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India Forex

India Forex


Foreign exchange trading increased by 38% between April 2005 and April 2006 and has more than doubled since 2001. This is largely due to the growing importance of foreign exchange as an asset class and an increase in fund management assets, particularly of hedge funds and pension funds. The diverse selection of execution venues such as retail trading platforms platforms offered by companies such as ParagonEX, First Prudential Markets and Saxo Bank have made it easier for retail traders to trade in the foreign exchange market. In 2006, retail traders constituted over 2% of the whole FX market volumes with an average daily trade volume of over US$50-60 billion (see retail trading platforms).[5] Because foreign exchange is an OTC market where brokers/dealers negotiate directly with one another, there is no central exchange or clearing house. The biggest geographic trading centre is the UK, primarily London, which according to IFSL estimates has increased its share of global turnover in traditional transactions from 31.3% in April 2004 to 34.1% in April 2007. The ten most active traders account for almost 80% of trading volume, according to the 2008 Euromoney FX survey.[3] These large international banks continually provide the market with both bid (buy) and ask (sell) prices. The bid/ask spread is the difference between the price at which a bank or market maker will sell ("ask", or "offer") and the price at which a market-maker will buy ("bid") from a wholesale customer. This spread is minimal for actively traded pairs of currencies, usually 0–3 pips. For example, the bid/ask quote of EUR/USD might be 1.2200/1.2203 on a retail broker. Minimum trading size for most deals is usually 100,000 units of base currency, which is a standard "lot".

Pakistan Forex

Pakistan Forex


The foreign exchange market (Currency, Forex, or FX) market is where currency trading takes place. It is where banks and other official institutions facilitate the buying and selling of foreign currencies. [1]FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The foreign exchange market that we see today started evolving during the 1970s when worldover countries gradually switched to floating exchange rate from their erstwhile exchange rate regime, which remained fixed as per the Bretton Woods system till 1971.
Today, the FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Traditional daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements.[2] Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.[3]
The purpose of FX market is to facilitate trade and investment. The need for a foreign exchange market arises because of the presence of multifarious international currencies such as US Dollar, Pound Sterling, etc., and the need for trading in such currencies.

Taiwan Forex

Taiwan Forex


New Taiwan dollar
From Wikipedia, the free encyclopedia
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New Taiwan dollar新臺幣 / 新台幣 (Chinese)


NT$2000
NT$50
ISO 4217 Code
TWD
User(s)
Republic of China
Inflation
2.34%,3.7% (CIA World Factbook, 2008 est.)
Source
Central Bank of the Republic of China, Jul-Dec 2007
Method
CPI
Subunit
1/10
角Jiao, but no official translation
1/100
cent (分, Fen)Subunits are no longer used
Symbol
$ or NT$
Nickname
kuài (塊)

máo (毛)
Plural
dollars (English only)
cent (分, Fen)
cents (English only)
Coins
Freq. used
$1, $5, $10, $50
Rarely used
$½, $20
Banknotes
Freq. used
$100, $500, $1000
Rarely used
$200, $2000
Central bank
Central Bank of the Republic of China
Website
http://www.cbc.gov.tw/
Printer
China Engraving and Printing Works
Website
http://www.cepp.gov.tw/
Mint
Central Mint of China
Website
http://www.cmc.gov.tw/
The New Taiwan dollar (traditional Chinese: 新臺幣 or 新台幣; simplified Chinese: 新台币; pinyin: Xīntáibì) (currency code TWD and common abbreviation NT$), or simply Taiwan dollar, is the official currency of the Taiwan Area of the Republic of China (ROC) since 1949. Originally issued by the Bank of Taiwan, it has been issued by the Central Bank of the Republic of China since 2000.

Etymology
The Chinese term for "New Taiwan Dollar" (新臺幣 or 新台幣, literally "new Taiwan currency") typically is only used for banking and in legal contracts where it is necessary to avoid any possible ambiguity, or when talking about foreign exchange or other currencies.
In common usage, the dollar unit is typically referred to as yuán. In Taiwan, the character for yuán can be written in either of two forms, an informal 元 or a formal 圓, both of which are interchangeable. Mandarin speakers also use kuài. Kuài is written 塊 and is an abbreviation for 塊錢 (kuài qián), which literally means "piece of money". In the context of discussing prices, 錢 (qián; money) can be omitted. In general, yuán is more commonly used when writing and kuài is more commonly used when speaking.
Taiwanese speakers may also use the word kho͘ (箍 ; literally "circle").
In English usage the New Taiwan Dollar is often abbreviated as NT, NT$, NT Dollar or NTD, while the abbreviation TWD is typically used in the context of foreign exchange rates. Subdivisions of a New Taiwan Dollar are rarely used, since practically all products on the consumer market are being sold at whole dollars.

[edit] History

A NT$100 note issued by Bank of Taiwan in February 1988. It was taken out of circulation on July 1, 2002, as it had been replaced by a new NT$100 note on July 2, 2001 issued by the Central Bank of China.
The New Taiwan dollar was first issued by the Bank of Taiwan on June 15, 1949, to replace the Old Taiwan dollar at a 40,000-to-1 ratio. The first goal of the New Taiwan dollar was to end the hyperinflation that had plagued Taiwan and Mainland China due to the civil war. A few months later, the ROC government under the Kuomintang (KMT) was defeated by the Chinese communists and retreated to Taiwan.
Even though the Taiwan dollar was the de facto currency of Taiwan, for years the old Chinese Nationalist yuan was still the official national currency of the Republic of China. The Chinese Nationalist yuan was also known as the fiat currency (法幣) or the silver yuán (銀元), even though it was decoupled from the value of silver during World War II. Many older statutes in ROC law have fines and fees denominated in this currency.
According to the Regulation of exchange rate between New Taiwan Dollars and the fiat currency in the ROC laws (現行法規所定貨幣單位折算新臺幣條例), the exchange rate is fixed at 3 TWD per 1 silver yuan and has never been changed despite decades of inflation. Despite the silver yuan being the primary legal tender currency, it was impossible to buy, sell, or use it, so it effectively did not exist to the public.
In July 2000, the New Taiwan dollar became the official currency of the ROC and is no longer secondary to the silver yuan. At the same time, the Central Bank of China (now known as the Central Bank of the Republic of China) began issuing New Taiwan dollar banknotes directly and the old notes issued by the Bank of Taiwan were taken out of circulation.
In the history of the currency, the exchange rate as compared to the United States dollar (USD) has varied from over 40 TWD per 1 USD in the 1960s to about 25 TWD per 1 USD around 1992. The exchange rate currently sits around 30 TWD per 1 USD.

[edit] Coins
The denominations of the Taiwan dollar in circulation are
Currently Circulating Coins
Image
Value
Technical parameters
Description
Date of
Diameter
Weight
Composition
Obverse
Reverse
first minting
issue


18 mm
3 g
97 % copper2.5% zinc0.5% tin
Mei Blossom, "中華民國XX年"1
Value
1981(Minguo year 70)
December 8, 1981[1]

$1
20 mm
3.8 g
92% copper6% nickel2% aluminium
Chiang Kai-shek, "中華民國XX年"
December 8, 1981[1]

$5
22 mm
4.4 g
Cupronickel75% copper25% nickel
Chiang Kai-shek, "中華民國XX年"
Value
1981(Minguo year 70)
December 8, 1981[1]

$10
26 mm
7.5 g
December 8, 1981[1]

$20
26.85 mm
8.5 g
Ring: Aluminium bronze (as $50)Center: Cupronickel (as $10)
Mona Rudao, "莫那魯道"2, "中華民國XX年"
Traditional canoes used by the Tao people
2001(Minguo year 90)
July 9, 2001[2]

$50
28 mm
10 g
Aluminium bronze92% copper6% aluminium2% nickel
Sun Yat-sen, "中華民國XX年"
Latent images of both Chinese and Arabic numerals for 50
2002(Minguo year 91)
April 26, 2002[3]
These images are to scale at 2.5 pixels per millimeter, a Wikipedia standard for world coins. For table standards, see the coin specification table.
Coins are minted by the Central Mint of China, while notes are printed by the China Engraving and Printing Works. Both are run by the Central Bank of the Republic of China. The NT$½ coin is rare because of its low value, while the NT$20 coin is rare because of the government's lack of willingness to promote it.

[edit] Remarks
"中華民國XX年" = "Minguo XX". "中華民國" is also the state title "Republic of China".
"莫那魯道" = "Mona Rudao", anti-Japanese leader at the Wushe Incident.

[edit] Banknotes
Main article: Fifth series of the New Taiwan Dollar banknote
Note that the $200 and $2000 banknotes are not commonly used. The exact reason is yet unknown. One plausible explanation is that these two denominations are new and it takes time for the people to get used to. Another likely cause is the lack of promotion from the government. For the $2000 banknotes, it might be that the level of consumption has not reached high enough levels to justify carrying banknotes of such value, especially since transactions of larger amounts are widely made through plastic money.
It is relatively easy for the government to disseminate these denominations through various government bodies that do official business with the citizens, such as the post office, the tax authority, or state owned banks. There is also a conspiracy theory against the Democratic Progressive Party, the ruling party at the time the two denominations were issued. The conspiracy states that putting Chiang Kai-shek on a rarely used banknote would "practically" remove him from the currency, while "nominally" including him on the currency would not upset supporters on the other side of the political spectrum that much (the Pan-Blue Coalition).
1999 Series
Image
Value
Dimensions
Main Color
Description
Date of
Remark
Obverse
Reverse
Watermark
printing
issue
withdrawal

$100
145 × 70 mm
Red
Sun Yat-sen, "The Chapter of Great Harmony" by Confucius
Chung-Shan Building
Mei flower and numeral 100
2000(Minguo 89)
July 2, 2001

$200
150 × 70 mm
Green
Chiang Kai-shek, theme of land reform and public education
The Office of the President
Orchid and numeral 200
2001(Minguo year 90)
January 2, 2002
frontback
$500
155 × 70 mm
Brown
Youth baseball
Sika Deer and Dabajian Mountain
Bamboo and numeral 500
2000(Minguo year 89)
December 15, 2000
August 1, 2007
without holographic strip

Dark brown
2004(Minguo 93)
July 20, 2005
with holographic strip
frontback
$1000
160 × 70 mm
Blue
Elementary Education (errors[4][5])
Mikado Pheasant and Jade Mountain
Chrysanthemum and numeral 1000
1999(Minguo year 88)
July 3, 2000
August 1, 2007
without holographic strip

2004(Minguo year 93)
July 20, 2005
with holographic strip

$2000
165 × 70 mm
Purple
FORMOSAT-1, technology
Formosan landlocked salmon and Nanhu Mountain
Pine and numeral 2000
2001(Minguo year 90)
July 1, 2002
These images are to scale at 0.7 pixels per millimeter, a Wikipedia standard for world banknotes. For table standards, see the banknote specification table.
The 2000 version $500 and 1999 version $1000 notes without holographic strip were officially taken out of circulation on August 1, 2007. They were redeemable at commercial banks until September 30, 2007. As of October 1, 2007, only the Bank of Taiwan accepts such notes.[6]

Kuwait forex

Kuwait forex


Nasser Al-Kharafi & family

Industry - Diversified
Citizenship - Kuwait
Age - 62
Net worth (US $ billion) - 12.4
Country of Residence - Kuwait

Content derived from Wikipedia article on Nasser Al-Kharafi

Nasser Al-Kharafi

Nasser Al-Kharafi (born 1944) is a Kuwaiti businessman who runs M.A. Kharafi & Sons,Runs $4.3 billion (sales) M.A. Kharafi & Sons in Kuwait, which has benefited from that nation's robust economy. His net worth rose thanks to rising share prices of several holdings including Mobile Telecommunications Co., National Bank of Kuwait, and Americana, operator of U.S. fast food chains. Avid BBC-viewer. Older brother Jassim is the spokesman of Kuwait parliament; sister Faiza is president of Kuwait University. Has construction contracts in more than 30 countries worldwide.

Newzealand Forex

Newzealand Forex


The foreign exchange (forex) market is the largest market in the world because currency is changing hands whenever goods and services are traded between nations. The sheer size of the transactions going on between nations provides arbitrage opportunities for speculators, because the currency values fluctuate by the minute. Usually these speculators make many trades for small profits, but sometimes a big position is taken up for a huge profit or, when things go wrong, a huge loss. In this article, we'll look at the greatest currency trades ever made.

How the Trades Are MadeFirst, it is essential to understand how money is made in the forex market. Although some of the techniques are familiar to stock investors, currency trading is a realm of investing in and of itself. A currency trader can make one of four bets on the future value of a currency:
Shorting a currency means that the trader believes that the currency will go down compared to another currency.
Going long means that the trader thinks the currency will increase in value compared to another currency.
The other two bets have to do with the amount of change in either direction - whether the trader thinks it will move a lot or not much at all - and are known by the provocative names of strangle and straddle. (For details on those strategies, read Get A Strong Hold On Profit With Strangles and Straddle Strategy A Simple Approach To Market Neutral.) Once you're decided on which bet you want to place, there are many ways to take up the position. For example, if you wanted to short the Canadian dollar (CAD), the simplest way would be to take out a loan in Canadian dollars that you will be able to pay back at a discount as the currency devalues (assuming you're correct). This is much too small and slow for true forex traders, so they use puts, calls, other options and forwards to build up and leverage their positions. It's the leveraging in particular that makes some trades worth millions, and even billions, of dollars. (For more on the mechanics of the forex market, see our Forex Tutorial and Getting Started In Forex.)No. 3: Andy Krieger Vs. The KiwiIn 1987, Andy Krieger, a 32-year-old currency trader at Bankers Trust, was carefully watching the currencies that were rallying against the dollar following the Black Monday crash. As investors and companies rushed out of the American dollar and into other currencies that had suffered less damage in the market crash, there were bound to be some currencies that would become fundamentally overvalued, creating a good opportunity for arbitrage. The currency Krieger targeted was the New Zealand dollar, also known as the kiwi. Using the relatively new techniques afforded by options, Krieger took up a short position against the kiwi worth hundreds of millions. In fact, his sell orders were said to exceed the money supply of New Zealand. The kiwi dropped sharply as the selling pressure combined with the lack of currency in circulation. It yo-yoed between a 3% and 5% loss while Krieger made millions for his employers. One part of the legend recounts a worried New Zealand government official calling up Krieger's bosses and threatening Bankers Trust to try to get Krieger out of the kiwi. Krieger later left Bankers Trust to go work for George Soros. (For more on how this works, see Trading The Odds With Arbitrage.)No. 2: Stanley Druckenmiller Bets on the Mark - TwiceStanley Druckenmiller made millions by making two long bets in the same currency while working as a trader for George Soros' Quantum Fund. Druckenmiller's first bet came when the Berlin Wall fell. The perceived difficulties of reunification between East and West Germany had depressed the German mark to a level that Druckenmiller thought extreme. He initially put a multimillion-dollar bet on a future rally until Soros told him to increase his purchase to 2 billion German marks. Things played out according to plan and the long position came to be worth millions of dollars, helping push the returns of the Quantum Fund over 60%. Possibly due to the success of his first bet, Druckenmiller also made the German mark an integral part of the greatest currency trade in history. A few years later, while Soros was busy breaking the Bank of England, Druckenmiller was going long in the mark on the assumption that the fallout from his boss's bet would drop the British pound against the mark. Druckenmiller was confident that he and Soros were right and showed this by buying British stocks. He believed that Britain would have to slash lending rates, thus stimulating business, and that the cheaper pound would actually mean more exports compared to European rivals. Following this same thinking, Druckenmiller bought German bonds on the expectation that investors would move to bonds as German stocks showed less growth than the British. It was a very complete trade that added considerably to the profits of Soros' main bet against the pound. (Read more about currency devaluation in What Causes A Currency Crisis?)No. 1: George Soros Vs. The British PoundThe British pound shadowed the German mark leading up to the 1990s even though the two countries were very different economically. Germany was the stronger country despite lingering difficulties from reunification, but Britain wanted to keep the value of the pound above 2.7 marks. Attempts to keep to this standard left Britain with high interest rates and equally high inflation, but it demanded a fixed rate of 2.7 marks to a pound as a condition of entering the European Exchange Rate Mechanism (ERM). (Learn more about why some countries peg their rates in Floating And Fixed Exchange Rates.) Many speculators, George Soros chief among them, wondered how long fixed exchange rates could fight market forces, and they began to take up short positions against the pound. Soros borrowed heavily to bet more on a drop in the pound. Britain raised its interest rates to double digits to try to attract investors. The government was hoping to alleviate the selling pressure by creating more buying pressure. Paying out interest costs money, however, and the British government realized that it would lose billions trying to artificially prop up the pound. It withdrew from the ERM and the value of the pound plummeted against the mark. Soros made at least $1 billion off this one trade. For the British government's part, the devaluation of the pound actually helped, as it forced the excess interest and inflation out of the economy, making it an ideal environment for businesses. A Thankless JobAny discussion around the top currency trades always revolves around George Soros, because many of these traders have a connection to him and his Quantum Fund. After retiring from active management of his funds to focus on philanthropy, Soros made comments about currency trading that were seen as expressing regret that he made his fortune attacking currencies. It was an odd change for Soros who, like many traders, made money by removing pricing inefficiencies from the market. Britain did lose money because of Soros and he did force the country to swallow the bitter pill of withdrawing from the ERM, but many people also see these drawbacks to the trade as necessary steps that helped Britain emerge stronger. If there hadn't been a drop in the pound, Britain's economic problems may have dragged on as politicians kept trying to tweak the ERM. (For related reading, see Working Through The Efficient Market Hypothesis.)ConclusionA country can benefit from a weak currency as much as from a strong one. With a weak currency, the domestic products and assets become cheaper to international buyers and exports increase. In the same way, domestic sales increase as foreign products go up in price due to the higher cost of importing. There were very likely many people in Britain and New Zealand who were pleased when speculators brought down the overvalued currencies. Of course, there were also importers and others who were understandably upset. A currency speculator makes money by forcing a country to face realities it would rather not face. Although it's a dirty job, someone has to do it.

South Africa Forex

South Africa Forex


The Republic of South Africa is a country located at the southern tip of the African continent. It borders Namibia, Botswana, Zimbabwe, Mozambique, and Swaziland, while a sixth country, Lesotho, is an enclave entirely surrounded by South African territory.
South Africa has experienced a significantly different evolution from other nations in Africa as a result of two facts. Firstly, immigration from Europe reached levels not experienced in other African communities. Secondly, the strategic importance of the Cape Sea Route, as emphasised by the closure of the Suez Canal during the Six Day War, and mineralogical wealth made the country extremely important to Western interests, particularly during the Cold War. As a result of the former, South Africa is a very racially diverse nation. It has the largest population of people of 'coloured' (mixed race) communities in Africa. Black South Africans account for slightly less than 80% of the population.
Racial strife between the white minority and the black majority has played a large part in the country's history and politics, culminating in apartheid, an official policy of 'separate development', which was instituted in 1948 by the National Party, although segregation existed prior to that date. The laws that defined apartheid began to be repealed or abolished by the National Party in 1990 after a long and sometimes violent struggle (including economic sanctions from the international community) by the black majority as well as many white, coloured, and Indian South Africans.
The country is one of the few in Africa never to have had a coup d'état, and regular elections have been held for almost a century; however, the vast majority of black South Africans were not enfranchised until 1994. The economy of South Africa is the largest and best developed on the continent, with modern infrastructure common throughout the country.
South Africa is often referred to as The Rainbow Nation - a term coined by Archbishop Desmond Tutu and later elaborated upon by then-President Nelson Mandela as a metaphor to describe the country's newly-developing multicultural diversity in the wake of segregationist apartheid ideology.
South Africa will be the host nation for the 2010 FIFA World Cup. It will be the first time the tournament is held in Africa.
Contents[hide]
1 History
2 Politics
3 Administrative divisions
4 Geography
5 Flora and fauna
6 Economy
7 Agriculture
8 Demographics
9 Culture
9.1 Languages
10 Crime
11 Military
12 Media
13 References
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History
South Africa contains some of the oldest archaeological sites in Africa. Extensive fossil remains at the Sterkfontein, Kromdraai and Makapansgat caves suggest that various australopithecines existed in South Africa from about three million years ago. These were succeeded by various species of Homo, including Homo habilis, Homo erectus and modern man, Homo sapiens. Bantu-speaking peoples (the term Bantu is a linguistic term not an ethnic one), iron-using agriculturists and herdsmen, moved south of the Limpopo River into modern-day South Africa by the 4th or 5th century (the Bantu expansion) displacing the original Khoi and San speakers. They slowly moved south and the earliest ironworks in modern-day KwaZulu-Natal Province are believed to date from around 1050. The southernmost group was the Xhosa people, whose language incorporates certain linguistic traits from the earlier Khoi and San people, reaching the Fish River, in today's Eastern Cape Province. These Iron Age populations displaced earlier hunter-gatherer peoples as they migrated.
The written history of South Africa begins with the accounts of European navigators passing South Africa on the East Indies trade routes. Subsequent to the first circumnavigation of the Cape in 1488 by the Portuguese Explorer Bartolomeu Dias a number of shipwrecks occurred along the Southern African coast. Along with the accounts of the early navigators, the accounts of shipwreck survivors provide the earliest written accounts of Southern Africa. In the two centuries following 1488 a number of small fishing settlements were made along the coast by Portuguese sailors, but no written account of these settlements survives. In 1652 a victualling station was established at the Cape of Good Hope by Jan van Riebeeck on behalf of the Dutch East India Company. For most of the 17th and 18th centuries, the slowly expanding settlement was a Dutch possession. The Dutch settlers eventually met the southwesterly expanding Xhosa people in the region of the Fish River. A series of wars, called Cape Frontier Wars, ensued, mainly caused by conflicting land and livestock interests.
To ease Cape labour shortages slaves were brought from Indonesia, Madagascar, and India. Furthermore, troublesome leaders, often of royal descent, were banished from Dutch colonies to South Africa. This group of slaves eventually gave rise to a population that now identifies themselves as "Cape Malays". Cape Malays have traditionally been accorded a higher social status by the European colonists - many became wealthy landowners, but became increasingly dispossessed as Apartheid developed. Cape Malay mosques in District Six were spared, and now serve as monuments for the destruction that occurred around them.
Most of the descendants of these slaves, who often married with Dutch settlers, were later classified together with the remnants of the Khoikhoi as Cape Coloureds. Further intermingling within the Cape Coloured population itself, as well as with Xhosa and other South African people, now means that they constitute roughly 50% of the population in the Western Cape Province.
Great Britain seized the Cape of Good Hope area in 1797 during the Fourth Anglo-Dutch War. The Dutch East India Company declared bankruptcy, and the British annexed the Cape Colony in 1805. The British continued the frontier wars against the AmaXhosa, pushing the eastern frontier eastward through a line of forts established along the Fish River and consolidating it by encouraging British settlement. Due to pressure of abolitionist societies in Britain, the British parliament first stopped its global slave trade in 1806, then abolished slavery in all its colonies in 1833. In reaction to these and other liberalizing policies, thousands of Afrikaners initiated the Great Trek, a mass exodus from the Cape Colony. The trekkers first stop was the coastal strip of land to the Cape Colony's east, where they established their first independent polity, Natalia Republiek (Natalia Republic). The British quickly annexed it as the Colony of Natal, however, and the trekkers moved on into the Cape's interior hinterland. There they established two new Boer Republics: The South African Republic, also known as the Transvaal, and the Orange Free State.

(PD) Photo: Library of Congress British troops during the Second Boer War, 1900. The UK eventually won the war, and absorbed the two Boer republics into the empire.
The discovery of diamonds in 1867 and gold in 1886 encouraged economic growth and immigration, intensifying the subjugation of the natives. The Boers successfully resisted British encroachments during the First Boer War (1880–1881) using tactics much better suited to local conditions. For example, the Boers wore khaki clothing, which was the same colour as the earth, whereas the British wore bright red uniforms, making them easy targets for Boer sharpshooters. The British returned in greater numbers without their red jackets in the Second Boer War (1899–1902), which was largely opposed by the Liberal Party in the British Parliament. The Boers' attempt to ally themselves with German South West Africa provided the British with yet another excuse to take control of the Boer Republics.
The Boers resisted fiercely, but the British eventually overwhelmed the Boer forces, using their superior numbers and external supply chains and concentration camps as well as the controversial scorched earth tactic. The Treaty of Vereeniging specified full British sovereignty over the South African republics, and the British government agreed to assume the £3,000,000 war debt owed by the Afrikaner governments. One of the main provisions of the treaty ending the war was that 'Blacks' would not be allowed to vote, except in the Cape Colony.
After four years of negotiations, the Union of South Africa was created from the Cape and Natal colonies, as well as the republics of Orange Free State and Transvaal, on May 31, 1910, exactly eight years after the end of the Second Boer War. The newly-created Union of South Africa was a dominion. In 1934 the South African Party and National Party merged to form the United Party, seeking reconciliation between Afrikaners and English-speaking 'Whites', but split in 1939 over the Union's entry into World War II as an ally of the United Kingdom. The right-wing National Party sympathised with Nazi Germany during the war, and sought greater racial segregation, or apartheid, after it.
In 1948, the National Party was elected to power, and began implementing a series of harsh segregationist laws that would become known collectively as apartheid. Not surprisingly, this segregation also applied to the wealth acquired during rapid industrialization of the 1950s, '60s, and '70s. While the White minority enjoyed the highest standard of living in all of Africa, often comparable to "First World" western nations, the Black majority remained disadvantaged by almost every standard, including income, education, housing, and life expectancy. However, the average income and life expectancy of a black, 'Indian' or 'colored' South African compared favorably to many other African states, such as Ghana and Tanzania.

(GNU) Photo: Ulrich Stelzner Apartheid era sign at a public beach, 1985.
Apartheid became increasingly controversial, leading to widespread sanctions and divestment abroad and growing unrest and oppression within South Africa. (See also special section on History of South Africa in the apartheid era.) A long period of harsh suppression by the government, and resistance, strikes, marches, protests, and sabotage, by various anti-apartheid movements, most notably the African National Congress (ANC), followed.
In 1987 the SADF go in Angola to help the UNITA, but in Battle of Cuito Cuanavale South Africa and UNITA are defeated by Cuba and Angola[1]. A few months later, 1988, Cuba defeated the SADF again in Calueque, wining the Bush War, so called Border War or Angola War[2]. Then South Africa ask for the peace and accept several conditions never accepted before[3].
In 1989 elections are summoned in Namibia with every parties, included SWAPO. In 1990 Namibia is independent.
In 1990 the National Party government took the first step towards negotiating itself out of power when it lifted the ban on the African National Congress and other left-wing political organisations, and released Nelson Mandela from prison after 27 years. Apartheid legislation was gradually removed from the statute books, and the first multi-racial elections were held in 1994. The ANC won by an overwhelming majority, and has been in power ever since.
Despite the end of apartheid, millions of South Africans, mostly black, continue to live in poverty. This is attributed to the legacy of the apartheid regime and, increasingly, what many see as the failure of the current government to tackle social issues, coupled with the monetary and fiscal discipline of the current government to ensure both redistribution of wealth and economic growth. However, the ANC's social housing policy has produced some improvement in living conditions in many areas by redirecting fiscal spending and improving the efficiency of the tax collection system.
Politics
South Africa has a bicameral Parliament: the National Council of Provinces (or upper house) with 90 members, and a National Assembly (or lower house) with 400 members. Members of the lower house are elected on a population basis by proportional representation: half of the members are elected from national lists and half are elected from provincial lists. Ten members are elected to represent each province in the National Council of Provinces, regardless of the population of the province. Elections for both chambers are held every five years. The government is formed in the lower house, and the leader of the majority party in the National Assembly is the President.
Current South African politics is dominated by the African National Congress (ANC), which received 69.7% of the vote during the last 2004 general election and 66.3% of the vote in the 2006 municipal election. The main challenger to the ANC's rule is the Democratic Alliance party, which received 12.4% of the vote in the 2004 election and 14.8% in the 2006 election. The leader of this party is Tony Leon. The formerly dominant New National Party, which introduced apartheid through its predecessor, the National Party, has suffered increasing humiliation at election polls since 1994, and finally voted to disband. It chose to merge with the ANC on 9 April 2005. Other major political parties represented in Parliament are the Inkatha Freedom Party, which mainly represents Zulu voters, and the Independent Democrats, who took 6.97% and 1.7% of the vote respectively in the 2004 election.
Administrative divisions
When apartheid ended in 1994, the South African government had to integrate the formerly independent and semi-independent Bantustans into the political structure of South Africa. To this end, it abolished the four former provinces of South Africa (Cape Province, Natal, Orange Free State, and Transvaal) and replaced them with nine fully integrated provinces. The new provinces are usually much smaller than the former provinces, which theoretically is in order to give local governments more resources to distribute over smaller areas.
The nine provinces are further sub-divided into 52 districts, six of which are metropolitan and 46 district municipalities. The 46 district municipalities are further subdivided into 231 local municipalities. The district municipalities also contain 20 district management areas (mostly game parks) which are directly governed by the district municipalities. The six metropolitan municipalities perform the functions of both district and local municipalities.
Geography

(CC) Photo: Paul Watson Dawn on Robben Island looking towards Cape Town.
South Africa is located at the extreme south of Africa, with a long coastline that stretches more than 2,500 kilometres (1,550 mi) and across two oceans (the Atlantic and the Indian). At 470,979 mi² (1,219,912 km²[1]), South Africa is the world's 25th-largest country (after Mali). It is comparable in size to Colombia, and is nearly twice the size of the US state of Texas.
South Africa has a great variety of climate zones, from the extreme desert of the Kalahari near Namibia to lush subtropical climate along the border with Mozambique. It quickly rises over a mountainous escarpment towards the interior plateau known as the Highveld. Even though South Africa is classified as semi-arid, there is considerable variation in climate as well as topography.
The interior of South Africa is a giant, mountainous, and sparsely populated scrubland Karoo plateau, which is drier towards the northwest along the Kalahari desert. In contrast, the eastern coastline is lush and well-watered, which produces a climate similar to the tropics. The extreme southwest has a climate remarkably similar to that of the Mediterranean with wet winters and hot, dry summers. This area also produces much of South Africa's wine. This region is also particularly known for its wind, which blows intermittently almost all year. The severity of this wind made passing around the Cape of Good Hope particularly treacherous for sailors, causing many shipwrecks. Further east on the country's south coast, rainfall is distributed more evenly throughout the year, producing a green landscape. This area is popularly known as the Garden Route.
The Free State is particularly flat due to the fact that the eastern region of the Highveld does not extend as far north as the western region. North of the Vaal River, the Highveld becomes better watered and does not experience subtropical extremes of heat. Johannesburg, in the centre of the Highveld, is at 1,740 metres (5,709 ft) and receives an annual rainfall of 760 millimetres (30 in). Winters in this region are cold, although snow is rare.
To the north and east of Johannesburg, the altitude drops beyond the Highveld's escarpment, and turns into the Lowveld. The Lowveld has particularly high temperatures, and is also the location of traditional South African Bushveld. The high Drakensberg mountains, which form the eastern escarpment of the Highveld, offer limited skiing opportunities in winter. Many people think that the coldest place in South Africa is Sutherland in the western Roggeveld Mountains, where midwinter temperatures can reach as low as –15 degrees Celsius (5 °F). In fact, the coldest place is actually Buffelsfontein, which is in the Molteno district of the Eastern Cape. Buffelsfontein recorded a low of –18.6 degrees Celsius. The deep interior has the hottest temperatures: A temperature of 51.7 °C (125 °F) was recorded in 1948 in the Northern Cape Kalahari near Upington.[4]
South Africa also has one possession, the small sub-antarctic archipelago of the Prince Edward Islands, consisting of Marion Island (290 km²/112 mi²) and Prince Edward Island (45 km²/17.3 mi²) (not to be confused with the Canadian province of the same name).
Flora and fauna
South Africa has more than 20,000 different plants, or about 10% of all the known species of plants on Earth, making it particularly rich in plant biodiversity.
South Africa's most prevalent biome is grassland, particularly on the Highveld, where the plant cover is dominated by different grasses, low shrubs, and acacia trees, mainly camel-thorn and whitethorn. Vegetation becomes even more sparse towards the northwest due to low rainfall. There are several species of water-storing succulents like aloes and euphorbias in the very hot and dry Namaqualand area. The grass and thorn savannah turns slowly into a bush savannah towards the northeast of the country, with more dense growth. There are significant numbers of baobab trees in this area, near the northern end of Kruger National Park.[5]
The Fynbos Biome, one of the six floral kingdoms, is located in a small region of the Western Cape and contains more than 9,000 of those species, making it among the richest regions on earth in terms of floral biodiversity. The majority of the plants are evergreen hard-leaf plants with fine, needle-like leaves, such as the sclerophyllous plants. Another uniquely South African plant is the protea genus of flowering plants. There are around 130 different species of protea in South Africa.
While South Africa has a great wealth of flowering plants, it has few forests. Only 1% of South Africa is forest, almost exclusively in the humid coastal plain along the Indian Ocean in KwaZulu-Natal. There are even smaller reserves of forests that are out of the reach of fire, known as montane forests. Plantations of imported tree species are predominant, particularly the non-native eucalyptus and pine. South Africa has lost extensive acreage of natural habitat in the last four decades, primarily due to overpopulation and sprawling development patterns. South Africa is one of the worst affected countries in the world when it comes to invasion by alien species with many e.g. Black Wattle, Port Jackson, Hakea, Lantana and Jacaranda posing a significant threat to the native biodiversity and the already scarce water resources. The original temperate forest that met the first European settlers to South Africa was exploited ruthlessly until only small patches remained. Currently, South African hardwood trees like Real Yellowwood (Podocarpus latifolius), stinkwood (Ocotea bullata), and South African Black Ironwood (Olea laurifolia) are under government protection.
Numerous mammals are found in the bushveld habitats including lion, leopard, White Rhino, Blue Wildebeest, kudu, impala and giraffe. There is a significant extent of the bushveld habitat in the northeast including Kruger National Park and the Mala Mala Reserve, as well as in the far north in the Waterberg Biosphere.
Economy

Public Domain The Big Hole, a huge open-pit diamond mine in Kimberley, 463 meters wide and 215 meters deep.
By UN classification South Africa is a middle-income country with an abundant supply of resources, well-developed financial, legal, communications, energy, and transport sectors, a stock exchange (the JSE Securities Exchange), that ranks among the 10 largest in the world, and a modern infrastructure supporting an efficient distribution of goods to major urban centres throughout the region. South Africa's per capita GDP, corrected for purchasing power parity, positions the country as one of the 50 wealthiest in the world. In many respects, South Africa is developed; however, this development is significantly localised around 4 areas, namely: Cape Town, Port Elizabeth, Durban, and Pretoria-Johannesburg. Beyond these 4 economic centres, development is marginal and poverty still reigns despite Government strategies. However, key marginal areas are experiencing rapid growth recently. Such areas include: Mossel Bay to Plettenberg Bay; Rustenburg area; Nelspruit area; Bloemfontein; Cape West Coast; KZN North Coast amongst others. Large income gaps and a dual economy designate South Africa as developing; South Africa has one of the highest rates of income inequality in the world. Consecutive growth rates in the last ten years are helping lower unemployment; however, the economy still has a way to go, and daunting economic problems remain. Other problems are crime, corruption, and HIV/AIDS. At the start of 2000, President Thabo Mbeki vowed to promote economic growth and foreign investment by relaxing restrictive labour laws, stepping up the pace of privatisation, and cutting unneeded governmental spending. His policies face strong opposition from organised labour. It is estimated that South Africa accounts for up to 30% of the gross domestic product of the entire African continent. South Africa is also the continent's largest energy producer and consumer.
The Rand, the world's most actively traded emerging market currency, has joined an elite club of 15 currencies - the Continuous linked settlement (CLS) - where forex transactions are settled immediately, lowering the risks of transacting across time zones. The South African Rand (ZAR) was the best performing currency against the US Dollar between 2002 and 2005, according to the Bloomberg Currency Scorecard. The volatility of the Rand has affected economic activity, with the rand falling sharply during 2001, hitting an historic low of R13.85 to the United States dollar, raising fears of inflation, and causing the Reserve Bank to increase interest rates. The rand has since recovered, trading at R5.99 to the dollar as of January 2006 while the South African Reserve Bank's policy of inflation targeting has brought inflation under control. The stronger Rand has however put exporters under considerable pressure, with many calling for government to intervene in the exchange rate to help soften the rand, and many others dismissing staff.
21.5% of the adult South African population have been estimated to be HIV positive in 2003.[6] The government has recently, after much delay, devoted substantial resources to fighting the epidemic. A recent study from the African Journal of AIDS Research by Thomas Rehle and Olive Shisana showed the infection rate starting to level off, from 4.2% to 1.7% infection rate for 15-49 year olds, and AIDS deaths peaking at 487,320 in 2008.
In 2000 President Mbeki publicly questioned the importance of HIV in causing AIDS, controversially suggesting that the main cause was "poverty".[7] In 2001 the government appointed a panel of scientists, including a number of AIDS dissidents (who question the mainstream view on HIV), to report back on the issue. Following their report, the government stated that it continues to base its policy on the premise that the cause of AIDS is indeed HIV.[8] The controversy has not abated, and organisations such as the Treatment Action Campaign continue to mount political and legal challenges to what they claim is the government's slow response to the epidemic.
Refugees from poorer neighbouring countries abound with immigrants from the DRC, Mozambique, Zimbabwe, Malawi and many others representing a large portion of the informal sector. With high unemployment levels amongst poorer South Africans, xenophobia is a very real fear and many people born in South Africa feel resentful of immigrants who are seen to be depriving the native population of jobs, a feeling which has been given credibility by the fact that many South African employers have employed migrants from other countries for lower pay than South African citizens, especially in the construction, tourism, agriculture and domestic service industries. Illegal immigrants are also heavily involved in informal trading.[9] However, many immigrants to South Africa continue to live in poor conditions, and the South African immigration policy has become increasingly restrictive since 1994.[10]
Agriculture
South Africa has a large agricultural sector, and is a net exporter of farming products. There are almost a thousand agricultural cooperatives and agribusinesses throughout the country, and agricultural exports have constituted 8% of South Africa's total exports for the past five years. The agricultural industry contributes around 10% of formal employment, relatively low compared to other parts of Africa, as well as providing work for casual labourers and contributing around 2.6% of GDP for the nation.[11] However, due to the aridity of the land, only 13.5% can be used for crop production, and only 3% is considered high potential land.[12]
Although the commercial farming sector is relatively well developed, people in some rural areas still survive on subsistence farming. It is the eighth largest wine producer in the world, and the eleventh largest producer of sunflower seed. South Africa is a net exporter of agricultural products and foodstuffs, the largest number of exported items being sugar, grapes, citrus, nectarines, wine and deciduous fruit. The largest locally produced crop is maize(corn), and it has been estimated that 9 million tons are produced every year, with 7.4 million tons being consumed. Livestock are also popular on South African farms, with the country producing 85% of all meat consumed. The dairy industry consists of around 4,300 milk producers providing employment for 60,000 farm workers and contributing to the livelihoods of around 40,000 others.[13]
In recent years, the agricultural sector has introduced several reforms, some of which are controversial, such as land reform and the deregulation of the market for agricultural products. Land reform has been criticised both by farmers' groups and by landless workers, the latter alleging that the pace of change has not been fast enough, and the former alleging racist treatment and expressing concerns that a similar situation to Robert Mugabe's land reform policy may develop [14], a fear exacerbated by comments made by the country's deputy president.[15][16] The sector continues to face problems with increased foreign competition and crime being two of the major challenges for the industry.
Crime against the farming community continues to be a problem. The rural farm population has shouldered a great increase in attacks and harassment and has suffered as many as 2000 farm murders since 1994, and this has caused many commercial farmers to flee the countryside for the protection of the gated communities of the cities and that offered by other nations. The government has been accused of not devoting enough time and money to tackle the problem as opposed to other forms of violent crime, or simply inefficiency and incompetence.[17]
Another issue which affects South African agriculture is environmental damage caused by misuse of the land and global climate change. South Africa is unusually vulnerable to climate change and resultant diminution of surface waters. Some predictions shows surface water supply could decrease by 60 percent by the year 2070 in parts of the Western Cape.[18] To reverse the damage caused by land mismanagement, the government has supported a scheme which promotes sustainable development and the use of natural resources.[19]
Demographics
South Africa is a nation of over 47 million people of diverse origins, cultures, languages, and beliefs. The 2005 Statistics South Africa census provided five racial categories by which people could classify themselves, the last of which, "unspecified/other" drew negligible responses, and these results were omitted.[20] Results for the other categories were black African at 79.4%, white at 9.3%, coloured at 8.8%, and Indian or Asian at 2.5%.
By far the major part of the population classified itself as African or black, but it is not culturally or linguistically homogenous. Major ethnic groups include the Zulu, Xhosa, Basotho (South Sotho), Bapedi (North Sotho), Venda, Tswana, Tsonga, Swazi and Ndebele. Some, such as the Zulu, Xhosa, Bapedi and Venda groups, are unique to South Africa.
Other groups are distributed across the borders with South Africa's neighbours: The Basotho group is also the major ethnic group in Lesotho. The Tswana ethnic group constitute the majority of the population of Botswana. The Swazi ethnic group is the major ethnic group in Swaziland. The Ndebele ethnic group is also found in Matabeleland in Zimbabwe, where they are known as the Matabele. These Ndebele people are however in effect Zulu people because the language they speak is Zulu and they are the descendants of the Warrior Mzilikazi who escaped persecution from Shaka to settle in that part of the World. The Tsonga ethnic group is also found in southern Mozambique, where they are known as the Shangaan.
The white population descends largely from colonial immigrants: Dutch, German, French Huguenot, and British. Culturally and linguistically, they are divided into the Afrikaners, who speak Afrikaans, and English-speaking groups, many of whom originated from British immigrants (see Anglo African). Many small communities immigrating over the last century retain the use of other languages. The white population is on the decrease due to a low birth rate and emigration; as a factor in their decision to emigrate, many cite the high crime rate and the government's affirmative action policies.
The term "coloured" is still largely used for the people of mixed race descended from slaves brought in from East and Central Africa, the indigenous Khoisan who lived in the Cape at the time, indigenous African Blacks, Whites (mostly the Dutch/Afrikaner and British settlers) as well as an admixture of Javanese, Malay, Indian, Malagasy and other European (such as Portuguese) and Asian blood (such as Burmese). The majority speak Afrikaans. Khoisan is a term used to describe two separate groups, physically similar in that they were light-skinned and small in stature. The Khoikhoi, who were called Hottentots by the Europeans, were pastoralists and were effectively annihilated; the San, called Bushmen by the Europeans, were hunter-gatherers. Within what is known as the Coloured community, you will also find some more recent immigrants - Coloureds from the old Rhodesia (now Zimbabwe) and Namibia, as well as immigrants of mixed descent from India and Burma (Anglo-Indians/Anglo-Burmese) who were welcomed to the Cape when India and Burma received their Independence.
The major part of the Asian population of the country is Indian in origin, many of them descended from indentured workers brought in the 19th century to work on the sugar plantations of the eastern coastal area then known as Natal. There is also a significant group of Chinese South Africans (approximately 100 000 individuals).
Culture
It may be argued that there is no "single" culture in South Africa because of its ethnic diversity. Today, the diversity in foods from many cultures is enjoyed by all and especially marketed to tourists who wish to sample the large variety of South African cuisine. In addition to food, music and dance feature prominently.
South African cuisine is heavily meat-based and has spawned the distinctively South African social gathering known as a braai. South Africa has also developed into a major wine producer, with some of the best vineyards in the world lying in valleys around Stellenbosch, Franschoek, Paarl and Barrydale.
There is great diversity in music from South Africa. Many black musicians who sang in Afrikaans or English during apartheid have since begun to sing in traditional African languages, and have developed a unique style called Kwaito. Of note is Brenda Fassie, who launched to fame with her song "Weekend Special", which was sung in English. More famous traditional musicians include Ladysmith Black Mambazo, while the Soweto String Quartet performs classic music with an African flavour. White and Coloured South African singers tend to avoid traditional African musical themes, instead preferring more European musical styles including such western metal bands such as Seether. Afrikaans music covers multiple genres, such as the contemporary Steve Hofmeyr and the punk rock band Fokofpolisiekar.
The country's black majority still has a substantial number of rural inhabitants who lead largely impoverished lives. It is among these people, however, that traditional dance and music survive; as blacks have become increasingly urbanised and westernised, aspects of traditional culture have declined. Urban blacks usually speak English or Afrikaans in addition to their native tongue. There are smaller but still significant groups of speakers of Khoisan languages which are not official languages, but are one of the eight officially recognised languages. There are small groups of speakers of endangered languages, most of which are from the Khoi-San family, that receive no official status; however, some groups within South Africa are attempting to promote their use and revival.
The white minority lead lifestyles similar in many respects to whites found in Western Europe, North America and Australasia.
Despite considerable discrimination under apartheid, Coloureds tend to relate more to white South African culture rather than black South African culture, especially Afrikaans-speaking Coloured people whose language and religious beliefs are similar or identical to white Afrikaners.
Asians, predominantly of Indian origin, preserve their own cultural heritage, languages and religious beliefs, being either Hindu or Sunni Muslim, and speaking English, with Indian languages like Tamil or Gujarati being spoken less frequently. Most Indians arrived on the famous Truro ship as indentured labourers in Natal to work the Sugar Cane Fields. There is a much smaller Chinese community in South Africa, although its numbers have increased due to immigration from Taiwan. Since the Taiwanese were classified as White, rather than Asian, under apartheid, they tend to be more culturally similar to whites in many ways than they are to other Asians.
Languages
South Africa has 11 official languages: Afrikaans, English, Ndebele, Northern Sotho, Southern Sotho, Swati, Tsonga, Tswana, Venda, Xhosa and Zulu. In this regard it is second only to India in number. While each language is technically equal to every other, English has emerged recently as the chief-among-peers as it is the most widely spoken language across racial barriers as well as globally, even though it is not the most widely spoken language by population. There are 11 official names for South Africa, one for each of the official national languages.
The country also recognises eight non-official languages: Fanagalo, Khoe, Lobedu, Nama, Northern Ndebele, Phuthi, San and South African Sign Language. These non-official languages may be used in certain official uses in limited areas where it has been determined that these languages are prevalent. Nevertheless, their populations are not such that they require nationwide recognition.
Many of the "unofficial languages" of the San and Khoikhoi people contain regional dialects stretching northward into Namibia and Botswana, and elsewhere. These people, who are a physically distinct population from other Africans, have their own cultural identity based on their hunter-gatherer societies. They have been marginalised to a great extent, and many of their languages are in danger of becoming extinct.
Many white South Africans also speak other European languages, such as Portuguese (also spoken by Angolan and Mozambican blacks), German, and Greek, while many Asians and Indians in South Africa speak South Asian languages, such as Hindi, Gujarati and Tamil.
Crime
Crime has been a major problem in South Africa. According to a survey for the period 1998 - 2000 compiled by the United Nations, South Africa was ranked second for assault and murder (by all means) per capita.[21] Total crime per capita is 10th out of the 60 countries in the data set. Nevertheless, crime has had a pronounced effect on society: many wealthier South Africans moved into gated communities, abandoning the central business districts of some cities for the relative security of suburbs. This effect is most pronounced in Johannesburg, although the trend is noticeable in other cities as well. Many emigrants from South Africa also state that crime was a big motivator for them to leave. Crime against the farming community has continued to be a major problem in the country.
Military
South Africa's armed forces, known as the South African National Defence Force (SANDF), was created in 1994. Previously known simply as the South African Defence Force (SADF), the new force consists of the forces of the old SADF, as well as the military forces of the organisations fighting for liberation, namely Umkhonto we Sizwe (MK), Azanian People's Liberation Army (APLA), and the former homeland defence forces. The SANDF is subdivided into four branches, the South African Army, the South African Air Force, the South African Navy, and the South African Military Health Services.
In recent years, the SANDF has become a major peacekeeping force in Africa, and has been involved in operations in Lesotho, the Democratic Republic of the Congo, and Burundi, amongst others. It has also participated as a part of multi-national UN peacekeeping forces.
South Africa undertook a nuclear weapons program in the 70s and may have conducted a nuclear test over the Atlantic in 1979, but has since renounced its nuclear program and signed the Treaty on the Non-Proliferation of Nuclear Weapons in 1991 after destroying its small nuclear arsenal. It is the only African country to have successfully developed nuclear weapons, and to date is the only country in the world to have voluntarily dismantled its entire nuclear weapons arsenal.
It has a strong military manufacturing sector. Especially strong conventional products include the G-series howitzers, combat engineering equipment, and light armored fighting vehicles. There has been significant co-development with Israel.
Media
South Africa has a large, free, and active press that regularly challenges the government, a habit formed during the apartheid era when the press was the medium least controlled by the government. Major scandals have erupted when the press reported charges of corruption that were proven to be true in cases such as that of Schabir Shaik, in which (then) deputy president Jacob Zuma was implicated, and the corruption allegations that led to the dismissal of Winnie Mandela from parliament. The government's stance on the 2005 Zimbabwe parliamentary elections and AIDS have also attracted plenty of coverage.
Even though South Africa now has the most sophisticated media network in Africa, it was one of the last countries in the world to allow television, with colour TV broadcasts commencing in 1975. By the end of apartheid in 1994, television networks covered all urban areas and some less populated areas, while radio networks covered almost all of the country.
During the Apartheid era the majority of commercial and all public-service radio stations and all of the television channels were operated by the South African Broadcasting Corporation (SABC), and were subject to strict control and censorship by the government, with a few independent regional stations allowed. The creation of the independent black homelands (or Bantustans) in the 1970s allowed for the establishment of TV and radio stations outside of the control of the apartheid Government. Following the demise of apartheid, the broadcasting industry was de-regulated with many of the commercial regional SABC radio stations and former Bantustan stations privatised and sold to companies and consortiums that were majority owned by black people. Three SABC television channels are in place at present.
An African language channel was introduced to the SABC in 1981 (during apartheid) with a second African language channel added later in the decade. The SABC's television monopoly was eventually challenged in 1986 when a new privately owned subscription television network, M-Net, was launched. M-Net was forbidden to operate a news service.
South Africa currently has two terrestrial free-to-air television networks (SABC and e.tv), one subscription based terrestrial network (M-Net), as well as has access to satellite television (DStv) which is operated by M-Net's owners, Multichoice. e.tv is allowed to operate an independent television news service. The SABC broadcasts news and entertainment channels Africa-wide via satellite.
References
André Kisalu Kiala, Le drame angolais, L'Hamattan, París, 2005, ISBN 2-7475-9485-8
Olivier Languetin, Cuba la fallite d'une utopie, Folio Le Monde Actuel, París, 2007, ISBN 978-2-07034598-4
Ross, Robert, Historia de Sudáfrica, Ediciones AKAL, Madrid, 2006, ISBN 978-84-460-2295-4
SouthAfrica.info: South Africa's geography
South Africa Online Travel Guide: Plants and Vegetation in South Africa
CIA World Factbook, "South Africa"
BBC News: Controversy dogs Aids forum
BBC News: South African split over Aids
African Security Review Vol 5 No 4, 1996: Strategic Perspectives on Illegal Immigration into South Africa
Queens College: The Brain Gain: Skilled Migrants and Immigration Policy in Post-Apartheid South Africa
Human Rights Watch, 2001. Unequal Protection: The State Response to Violent Crime on South African Farms ISBN 1-56432-263-7 http://www.hrw.org/reports/2001/safrica2/
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