SOUTH AFRICA - REITWAY GLOBAL PROPERTY PRESCIENT ACTIVELY MANAGED ETF

South Africa

Located at the southern tip of Africa, South Africa is the 25th largest country in the world by area and the 24th most populous with over 51 million people. It has nine provinces and 2,798 kilometres of coastline. To the north lie the neighbouring countries of Namibia, Botswana and Zimbabwe; to the east are Mozambique and Swaziland. Lesotho is an enclave surrounded by South African territory.

South Africa and investment

South Africa combines the strength of a sophisticated economy with emerging market advantages. It is globally recognised as a diverse economic powerhouse, the leader in Africa, and a growth-positive investment location.

Why South Africa as a domicile?

Safe investment
South Africa is highly rated as a country with regards to investor protection and good fiscal governance. A trusted and stable fiscal environment supports a market-oriented business culture.

Ease of business operations
The World Bank rates South Africa highly for ease of doing business and the country is recognised as one of the least expensive places to start a business. Further, South Africa, which accounts for 30% of Africa’s GDP, is rated as the most competitive investment location in Africa.

South Africa has a well-educated, multilingual labour force of both professional and manufacturing workers and has adopted legislation to promote training and job-skills development to meet the needs of growing economic sectors. The country is well served by seaports and world-class airports and has a reputation as a gateway to Africa.

Taxation of note

This note trades as all listed securities and can be treated as such from a taxation perspective.