Trade & Investment

South Africa at a Glance
Investing in South Africa
Investment sectors in South Africa
Why Invest in South Africa?
Useful Links
Turkey
Bilateral Trade Relations between South Africa and Turkey
Contact Us

South Africa at a Glance

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Investing in South Africa

South Africa today is one of the most sophisticated and promising emerging markets globally. The unique combination of a highly developed first-world economic infrastructure and a huge emergent market economy has given rise to a strong entrepreneurial and dynamic investment environment.

The UNCTAD World Investment Report for 2004 rated South Africa as the most attractive country in Africa for trans-national corporations in 2003. Foreign direct investment in telecommunications and information technology overtook mining and extraction. (South Africa DTI Web Page, www.thedti.gov.za)

Macroeconomic Stability
South Africa has achieved a level of macro-economic stability not seen in the country for 40 years. These advances create opportunities for real increases in expenditure on social services, and reduce the costs and risks for all investors, laying the foundation for increased investment and growth.
The economy continued to expand at a robust pace of 4,9 % in 2006, generating new jobs, broadening the consumer base and providing the impetus for rapid growth in investment. Economic growth is projected to average just over 5% a year over the next three years. In 2007, a somewhat weaker growth in the world economy and the interest rate increases of the past year were expected to result in a growth rate of 4,8%.

In 2004, government set out the objectives of halving poverty and unemployment by 2014. A growth rate exceeding 5 % a year on average between 2004 and 2014 is necessary to achieve these targets. In February 2006, government introduced AsgiSA with the objectives of growing the economy and improving the labour-absorbing capacity of the economy, leading to shared growth. (South Africa Yearbook 2007/08)

Financial Situation
A sharp weakening in the US housing market and tight credit conditions have contributed to weaker economic growth in the United States and in most of the other major industrialised countries, especially during the last quarter of 2007. Expectations are that emerging-market economies could be affected negatively by the turmoil in global financial markets and the economic slowdown.
Africa is experiencing its highest, multifaceted economic growth in decades and the economic outlook for the Southern African Development Community region in particular, is expected to improve even further in 2008.

Based on an analysis of selected financial soundness indicators, the South African financial system was assessed as sound during the period under review. Overall confidence in the financial services sector remained high. The banking sector was well capitalised and profitable, with the capital-adequacy ratio in excess of the minimum required. Of note is the high annual growth rate, albeit from a low base, of non-performing loans, in particular mortgage loans. Credit growth to both the corporate and household sectors was still high. However, indications are that companies and households should still be able to service this debt, despite a slowdown in the growth rates of household financial assets, disposable income and net wealth.

Efforts to maintain and strengthen the resilience of the South African financial system remain a key focus area and a number of regulatory and infrastructural developments are also made such as the implementation of the Co-operative Banks Act, 2007 that will pave the way for the introduction of co-operative banking in South Africa, and further consultation on proposed legislation, such as the Companies Bill, as well as the pension fund reform process. Ongoing developments in the supervision of financial entities and markets, in statistical data collection and in enhancing financial disclosure and governance, which contribute towards the overall resilience of the financial system, are also discussed.
South Africa has now been fully integrated into the world economy and is not only regarded as an important market participant, but also an important role-player, especially in the southern African region. When considering the financial system environment as a whole, it is evident that considerable efforts have been made in recent years to address regulatory and infrastructure developments that are both challenging in nature and on the international agenda. It is expected that a number of regulatory and infrastructure initiatives with the potential to contribute to maintaining and improving the robustness of the financial system will materialise during 2008. (South Africa DTI Web Page, www.thedti.gov.za)

Financial Infrastructure
South Africa is one of the world's favourite emerging markets, offering investors sophisticated financial infrastructures and exceptional investment opportunities. The SA Reserve Bank (SARB) oversees the banking services industry in SA. The non-banking financial services industry is governed by the Financial Service Board (FSB). SA has three principal financial service markets:

• The JSE Securities Exchange SA (JSE)
• The SA Futures Exchange (Safex)
• The Bond Exchange of SA (BESA)
• Alternative Exchange (Altx)

The JSE is governed and licensed externally by the Stock Exchange Control Act of 1985. The Safex and BESA markets are governed by the Financial Marketers Control Act of 1989. The markets are self regulated internally.
Transport and Logistics Infrastructure
South Africa boasts one of the most modern and extensive transport infrastructures in Africa. This infrastructure plays a crucial role in the country's economy and is depended on by many neighbouring states. The Government recently announced large scale upgrading of the country's infrastructure as well as investment into new infrastructure. Public company Transnet (a state owned enterprise) is South Africa's main transport operator and is the holding company for SAA (air transport), Spoornet (rail transport), Autonet (road transport), Petronet (liquid petroleum), Portnet (port authority) and Fast Forwards (container shipments).
Natural Resources
South Africa has huge mineral resources as follows:

• 80% of the world's reserves of manganese ore
• 88% of the world's reserves of platinum group minerals
• 45% of the world's reserves of gold and
• 73% of the world's reserves of chromium.

South Africa ranked in top position in the majority of the world mineral reserves and production, in 2004:

(South Africa DTI Web Page, www.thedti.gov.za

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Investment sectors in South Africa

While investment opportunities abound in all sectors of South Africa's economy, the Department of Trade and Industry (DTI) concentrates on those sectors it has identified as having the highest growth and investment potential.

• Agriprocessing
• Automotive
• Banking and financial services
• Chemicals
• Fishing
• Food and beverages
• General
• ICT and electronics
• Mining and minerals
• Property
• Tourism
• Telecoms
• Textiles

Agriprocessing
South Africa is a food self-sufficient country, with the bulk of the population's food needs produced locally from raw materials. South Africa's well developed food and beverages industry has also become a global player.
South Africa's agriprocessing sector consists of 11 downstream agricultural sub-sectors, including meat processing, preservation of fruit and vegetables, dairy products, and canning and preserving of fish.
Major international agriprocessing companies with a presence in South Africa include: Cadbury-Schweppes, Coca-Cola, Danone, HJ Heinz, Kellogs, McCain Foods, Minute Maid, Nestlé, Parmalat, Pillsbury, Unilever and Virgin Cola.

Automotive
South Africa's automotive and components industry is on a growth projectile. BMW, Ford, Volkswagen, DaimlerChrysler and Toyota have production plants in South Africa. Component manufacturers like Arvin Exhaust, Bloxwitch, Corning and Senior Flexonics have also established production bases in the country.

The industry is largely located in two provinces, the Eastern Cape (coastal) and Gauteng (inland).

Companies with production plants in South Africa are well placed to take advantage of low production costs, coupled with access to new markets as a result of trade agreements with the European Union and the Southern African Development Community free trade area. Opportunities also lie in the production of materials (automotive steel and components).

Banking and financial services
South Africa's banking industry is dominated by four major commercial banking groups: Absa, First National Bank, Standard Bank and Nedcor. These provide retail and investment banking services in competition with a wide range of niche commercial banks.

There are 55 locally controlled banks, five mutual banks, 12 foreign-controlled banks, nine branches and 60 representative offices of foreign banks in South Africa.

European, Malaysian and US banks with licences in South Africa have concentrated on corporate rather than retail banking. They gained market share rapidly by charging aggressive lending margins which the less cost-efficient South African banks were unable to compete with. However, margins have since stabilised across the industry.

Chemicals
South Africa's chemicals sector (including fine and speciality chemicals, polymers and pharmaceuticals) is the country's largest manufacturing sector, accounting for some 5% of gross domestic product (GDP).

South Africa is a world leader in the manufacture of synthetic fuel from coal. The petroleum and petrochemical industry is dominated by four oil refineries plus the Sasol and PetroSA operations.

The rest of the chemical manufacturing sector consists mainly of AECI, Sentrachem and fertiliser plants such as Indian Ocean Fertilisers and Omnia.

The petrochemical and plastics cluster, which focuses on the chain from production of polymers to plastic products, has significant export potential, particularly in the plastics conversion sub-sector.

The government has moved away from demand side assistance to supply side intervention. This intervention gives existing and new businesses access to more than R2 billion in government funds via approximately 50 schemes in support of exports, innovation, investment, empowerment and job creation.

The potential shortage in the availability of petroleum products and of primate feedstock such as olefins and basic aromatics are becoming critical issues for sustainable growth in the industry. The possibility of a number of feedstock projects such as a Naptha Cracker as well as a new world scale refinery with an aromatics unit is being proposed. This is expected to lead to further downstream investment potential in major imported chemicals such as ethylene, glycol, styrene, and terephthalic acid.

The downstream, fine and speciality chemicals base provides strong opportunities for investors. There are also significant opportunities in product manufacturing, pharmaceuticals, household products and agrochemicals, industrial chemicals.

Fishing
The South African commercial fishing industry is valued at about R2 billion annually. Economically, trawling is the most important activity.

Demersal fish such as hake, Agulhas sole and kingklip comprise the biggest part of the fishery sector, contributing 46%. Pelagic catches have fluctuated in recent years, but on average the pelagic fishery, including anchovy, pilchard and red eye contribute 23%. The rock lobster fishery accounts for 11% and linefish 13%. Smaller contributors are abalone and aquaculture.

Food and beverages
South Africa's well developed food industry is a global player. The following food processing sectors all have turnovers in excess of R 2,5 billion: flour and other milled products, beer and malt, slaughtering and preparing of meat, canning and preserving of fruit and vegetables, bakery products, sugar, animal feeds, and wine and distilling.

South Africa has a strong tradition of food research achievements in the areas of cereal science, fruit technology, fish research, biotechnology, genetic engineering and cell cloning, fermentation chemistry, novel synthesis of food additives, as well as essential oils and botanical extractions.

ICT and electronics
The South African IT industry growth outstrips the world average. It has ready access to cutting edge technologies, equipment and skills and has the advantage of access to the rapid expansion of telecoms and IT throughout the vast African continent.
Internet and cellular telephony penetration in South Africa is among the highest in the world. The country has three cellular network operators and a base of some 5 million mobile users that is projected to triple by December 2003.

South African software developers are recognised as world leaders in innovation, production and cost efficiency backed by an excellent local infrastructure. Some of the world's leading telecommunication brands like Siemens, Alcatel, SBC Communications, Telecom Malaysia, Cell C and Vodaphone have made significant investment in the country.

Investment opportunities lie in the development of access control systems and security equipment, automotive electronic subsystems, systems and software development in the banking and financial services sector, silicon processing for fibre optics, integrated circuits and solar cells.

There are also significant opportunities for the export of hardware and associated services as well as software and peripherals.

Mining and minerals
South Africa holds the world’s largest reserves of gold (35%), platinum group metals (55.7%), manganese ore (80%) chrome ore (68.3%) and titanium metals (21%). It also produces a large share of the world’s diamonds and mineral deposits.

Lucrative opportunities exist for downstream processing and value adding of iron, carbon steel, stainless steel, aluminium, platinum group metals and gold.

Beneficiation of minerals before export is a major growth area. The Department of Minerals and Energy has embarked on a small-scale mining programme aimed at encouraging and facilitating the development of economically viable small-scale mining and mineral-based industries, in line with the government's desire that small miners gain access to mineral rights suited to small mining activity.

Relationships between individual mining companies and the controlling mining houses are being revaluated. Mergers, restructuring and unbundlings have created much optimism for the industry in recent years, driven by the need to develop black ownership, to expand abroad and by a languishing gold price.

Property
Investors face a wide array of possibilities when choosing land for development in South Africa. Private, state, provincial, municipal, and parastatal landholdings are all potentially available for commercial development - each with their own application process. In practice, the specific details of this process are determined and administered by the relevant municipality concerned.

Commercial real estate is well developed in South Africa, with private landholdings in both urban and outlying areas. The availability of industrially zoned and serviced land varies by location.
Property owners, brokers, managers and developers who are members of the Property Council of South Africa are available to assist investors in locating, buying and selling private property. Any of these companies can be located through the Property Council of South Africa.

Telecommunications
South Africa is the telecommunications leader on the African continent with 4,03 million installed exchange lines, representing around 100 lines for every 1 000 inhabitants.

South Africa has a large transmission area, necessitated by the country's geographical spread of 1,2 million km2 utilising 125 million km of transmission circuits. Digital microwave and optical fibre serve as main transmission media for the inter-primary network interconnecting all the major centres.

Over the next five years, the current 4,03 million exchange lines will grow to around 7 million. About 2 million of these additional lines will be aimed at increasing telephone penetration in under-serviced urban and rural areas. The remaining 1 million lines will cater for growth in developed areas.

Textiles
The textile industry has evolved into a capital-intensive industry offshoot, producing synthetic fibres (man-made fibres) in ever-increasing proportions. A major boost to the industry has been approval of South Africa by the United States for benefits under the Africa Growth and Opportunity Act (Agoa), and permitting duty-free access for clothing exports into the USA.

These latter provisions encompass an effective visa system, legislation to permit US Customs Service access to the countries of export, reportage provisions, full co-operation with the United States, complete record keeping and reports on manufacturing capabilities. At present, Agoa only provides for the duty-free access of clothing under strict rules of origin to the US. Various categories of duty-free access for clothing articles are provided for.

Tourism
The South African tourism industry is valued at $10 billion a year and is expected to rise sharply as the government and the private sector invest in a marketing and promotion drive.

The country's tourism infrastructure is sophisticated and developed, but key opportunities exist in this arena given the rise in demand. Eco-tourism promises excellent investment and development potential.

General

• Airport systems
• Franchising
• Healthcare services and equipment
• Safety and security equipment
• Water treatment equipment
• Packaging equipment

(South Africa.info Web Site, www.southafrica.info)

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Why Invest in South Africa?

• South Africa is one of the most sophisticated and promising emerging markets, offering a unique combination of highly developed first world economic infrastructure without a vibrant emerging market economy.

• South Africa is one of the world’s 26 industrialised nations.
• The country is also regarded as the gateway to Africa.
• South Africa has the largest economy on the African continent, accounting for approximately 25 % of the continent’s GDP.
• According to the World Bank, South Africa ranked 28th in the world for the ease of doing business in 2006.
• The JSE Securities Exchange is Africa’s largest and most developed Securities Exchange and one of the world’s top 20 exchanges.
• South Africa remains the world’s top producer of minerals such as gold, platinum, rhodium, chrome, manganese and vanadium
• South Africa holds 80% of global manganese reserves, 72 % of chrome,88 % of platinum-group metals (PGMs), 40 % of gold and 27 % of vanadium.
• Unit labour costs in South Africa are significantly lower than those of many other emerging markets.
• South Africa  scored well in various categories according to 2006 World Competitiveness Yearbook (61 countries ranked):
  • Ranked 6th in the world in terms of price stability;
  • Our fiscal policy was ranked in 11th place;
  • 24th position in terms of management practices (business  efficiency);
  • 31st place in terms of attractiveness for foreign direct investment.
• Upbeat outlook for the SA economy, as we project strong GDP growth averaging 5% p.a. over the next 5 years.
• Strong domestic demand, with robust consumer spending and a rapid increase in fixed investment should underpin the expected higher growth trajectory.
• The multi-billion rand capital expenditure program by state owned enterprises, the build-up to the 2010 Soccer World Cup and increased government infrastructure spending will underpin a robust public sector fixed investment growth.

 

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Useful Links:

Department of Trade and Industry www.thedti.gov.za

Department of Minerals and Department of Energy www.dme.gov.za

Department of Agriculture, Fisheries and Forestry www.doa.agric.za

SA Reserve Bank www.reservebank.co.za

SA Revenue Services www.sars.gov.za

Companies and Intellectual Property Registration Office (CIPRO) www.cipro.gov.za

Exhibition and Event Association of South Africa www.exsa.co.za

Provincial Investment Promotion Agencies:

Trade & Investment Kwa-Zulu Natal www.tikzn.co.za

Trade & Investment Limpopo www.til.co.za
 
Eastern Cape Development Corporation www.ecdc.co.za

Trade and Investment Promotion Agency for the Western Cape Province www.wesgro.co.za

Gauteng Economic Development Agency www.geda.co.za

Mpumalanga Investment Initiative www.mii.co.za

Free State Development Corporation www.fdc.co.za

 

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Turkey

Official name of country
Republic of Turkey

Geographical Location
Turkey is located on the intersection point of Asia, Europe and the African continents, and is therefore regarded as having a strategic importance in the world.  It is regarded as a bridge between Eastern and Western civilisations. Turkey's land segment on the European continent is 3%, while the remaining 97% of its landmass is in Asia.

Land size
783 562 sq km (including lakes and islands), of which 30% arable, 3% orchards, olive groves and vineyards, 26% classified as forests. Turkey's size makes it the         world's 37th largest country (after Mozambique), and it is comparable in size to Chile and Texas.

Turkey is divided into seven regions: the Marmara (8,5%), the Aegean (10%), the Mediterranean (15%), Central Anatolia (20%), East Anatolia (21%), Southeast Anatolia (7,5%) and the Black Sea region (18%).

Borders
Turkey borders eight countries: Bulgaria (240 km), Greece (206 km), Georgia (252 km), Armenia (268 km), Azerbaijan (9 km), Iran (499 km), Iraq (352 km) and Syria (822 km).

Sea access
Turkey is linked to the oceans through the Mediterranean, Marmara, Aegean Sea and Black Sea. Its coastline is 8 333 km long. Turkey, due to its geographical location, has been the epicentre of major trade and migration routes throughout history.

Population
Total                 :           73 193 000 (2005 est.)
Male                 :           36 913 000
Female             :           36 280 000

Composition (ethnic groups)
The majority of the Turkish population are of Turkish ethnicity. The minorities that have legal status, as defined and internationally recognised by the Treaty of Lausanne, are Greeks, Armenians and Jews.  Other ethnics groups include Albanians, Arabs, Bosnians, Chechens and Georgians.

The largest non-Turkish ethnicities are the Kurds, a distinct ethnic group traditionally concentrated in the southeast.

Languages
The official language of Turkey is Turkish (90%).  English is widely spoken, in particular in the major centres.

Religion
Most of the Turkish population is Muslim (99%), of whom a majority belong to the Sunni branch of Islam.  The remainder of the population belongs to other beliefs, including Christian and Jews.

Population growth rate
1.4% per annum (down from 2,2% in 1990 and around 2,5% in the 1970s and 1980s).  Life expectancy stands at 70,2 years for males and 75,2 years for females, giving an overall 72,6 years for the populace.

Capital(s) and main cities and population size of each
Istanbul            :           10 041 000 (2000)
Ankara             :           4 319 000 (2000)
Izmir                 :           2 409 000 (2000)
Bursa               :           1 194 687 (2000)
Adana              :           1 130 710 (2000)

Labour force
24,6 million (46% in services, 30% in agriculture and 25% in industry, including construction).  Approximately 1,2 million (2005 est.) Turks work abroad, mainly in EU countries.

Literacy
Turkey's overall adult literacy rate stands at around 86,5%. The literacy rate among males aged fifteen and over is 94,3%, while it is 78,8% among females in the same age group.

Unemployment
In 2006, the unemployment rate in Turkey was 9.9%.  The underemployment rate was 3,6% (2006).

Why invest in Turkey?

• With a GDP of US$400 billion, Turkey is the 17th largest economy of the world.
• Having a population of more than 72 million with an annual growth rate of 1.5%, Turkey has a huge domestic market, where 65% of the population lives in urban areas.
• The population of those between the ages 0-14 is approximately 29 million, thus Turkey has young and economically active population with a huge potential as an extensive labour force.
• Purchasing power increases rapidly. GDP per capita more than doubled from US$ 2,134 in 2001 to US$ 5,482 in 2006, where with purchasing power parity, GDP per capita amounts to US$ 8.575.
• Turkey’s integration with the rest of world increased remarkably. With nearly US$ 225 billion of external trade, Turkey became one of the major actors in global trade. Turkey wishes to increase its exports to US$ 500 billion by 2023.
• Turkey has a high level of economic, commercial and financial integration with Europe. Turkey has been included in the Customs Union since 1995. Furthermore, Turkey’s negotiation process for the full membership status started in 2005. Turkey desires to be a full member of the EU by 2014.
• Turkey has a unique geographical location. Being a bridge between Asia and Europe, Turkey not only connects two continents, but she also brings two different cultures together.
• Bordering Middle East and Caucasian/Caspian Regions in the East, the richest part of world in primary energy resources and the EU in the west, one the largest economic markets of the world, Turkey will stand as an important energy transmitting centre in the near future, as the new Pipe-line Projects that have been signed and already activated indicate.
• Turkey’s close and strong cultural ties with Turkic Republics in the Central Asia enables it to further enhance commercial and economic relations with those countries that newly adopted free market economy systems and have a great potential.

 

For detailed information on “Company Establishment, Starting Business and Operation”, see: www.investinturkey.gov.tr

Turkey’s Economy
The period beginning with the year 2002 has completely different characteristics than any other time interval during the Republics history in terms of economic policies and achievements. During this period, Turkey went through significant changes in economic life and habits, and achieved tremendous success in economic terms.

There are two important landmarks to be mentioned that triggered the initiation of radical changes in economic policies. The first one is the process of Turkey’s membership to the EU, which officially began in 1999 with the approval of Turkey’s candidate status by the European Council.

The second one is the 2001 crisis which caused an economic ruin and made a new approach in economic policies inevitable. After the 2001 crisis, Turkey initiated a new "Structural Reform and Stability Program" in accordance with the Stand-by Agreement signed with the IMF.

During the same period, with the reforms aimed at improving and streamlining the investment and business environment, Turkey witnessed record-high FDI inflows of her history from 2004-2006, and as of 2006 Turkey become one of the most attractive investment locations among all emerging markets. For 2007, the total amount of FDI inflows that Turkey attracted exceeds 30 billion US$. 

As of 2006, the leading sector of the Turkish economy is the industry sector with a share of nearly 26% share in national income. The second and third most important sectors are trade and “transportation & communication” sectors with shares of 20.4% and 14% respectively. When considered with the other sub-sectors of services, the total share of the services sector amounts to 50%.

The shares of financial services and construction fluctuate around 5%.  The share of agriculture dropped down to 9% in 2006 from 12% in 2001 and continues to decrease.

On the other hand, the strong revival in the construction sector after the contraction of 3 consecutive years is worth mentioning. In 2005 and 2006, the construction sector grew by 21.6% and 19.6% respectively.

Top export and import destinations

• Exports 

Germany
United Kingdom
Italy
France
Russian Federation

 

• Imports

  Russian Federation
  Germany
  China
  Italy
  USA

Sector opportunities

Agriculture and Food
Automotive
Textile and Clothing
Energy
Iron and Steel 
Machinery
Chemical
Electronics
Construction
Tourism

Useful Links:

Prime Ministry Under Secretariat of Foreign Trade www.foreigntrade.gov.tr

Prime Ministry Under Secretariat of Customs www.treasury.gov.tr

The Union of Chambers and Commodity Exchanges of Turkey www.tobb.org.tr

Invest in Turkey www.investinturkey.gov.tr

 

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Bilateral Trade Relations between South Africa and Turkey

Bilateral trade relations:
      
Turkey is one of South Africa’s largest trade and investment partner in Central and Eastern Europe.  The total trade volume between South Africa and Turkey in 2007 amounted to almost US$ 2,4 billion including gold.  Turkey’s investments amount to between US$30 million to US$60 million. 

In 2007, the top 20 South African export products to Turkey consisted mainly of raw materials and semi-manufactured products: gold, bituminous hard coal, catalytic converters, motor vehicles, automotive spare parts, chrome ores, ferro-alloys, ethyl alcohol, stainless steel sheets and plates, machinery for sorting, grinding and mixing earth and stone, silver, fish and fish products, non-alloy iron castings, nickel, synthetic yarns, acetone, esters of acrylic acid, iron and steel flat products, artificial radioactive isotopes.

For Turkey in 2007, the top 20 export products to South Africa included the following: fuel, motor vehicles, tractors, sanitary products, nappies, washing machines, electric transformers, automotive vehicle seats,  tyre cord fabric of nylon, pneumatic tires of rubber, rubber outer tyres for automotives, wood, iron and steel wires, bulldozers, graders, scrapers and excavators, automotive spare parts, synthetic fibres, hazelnuts and electric house hold products.

The bilateral trade and economic relations between Turkey and South Africa received a major boost in April 2008 when the Joint Economic Commission(JEC) was launched in Pretoria. This meeting of the JEC was co-chaired by Dr. Hilmi Guler, Minister of Energy and Natural Resources from Turkey and Mr. Mandisi Mpahlwa, Minister of Trade and Industry of South Africa. The JEC has identified the following priority sectors for cooperation:

• Construction services
• Mining and mineral beneficiation
• Tourism
• Textiles

 

Agreements:

In order to boost and facilitate trade and investment the following agreements were signed:

• Agreement Concerning the Reciprocal Promotion and Protection of Investments;
• Agreement on Co-operation in the Field of Tourism;
• Trade and Economic Co-operation Agreement;
• Agreement on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income; and
• Mutual Assistance on Customs Agreement.

 

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Contact Us

South African Embassy
Trade Section:

Ms Namhla Yenana, First Secretary

Tel       :           +90 312 405 68 74
Fax      :           +90 312 446 64 34

E-mail:             YenanaN@foreign.gov.za
                       
Ms Güven Tok, Trade Assistant

Tel       :           +90 312 405 68 63
Fax      :           +90 312 446 64 34

E-mail:             trade.ankara@foreign.gov.za
tokg@foreign.gov.za

 

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