Doing Business in Southern Africa
?African countries are experiencing rapid growth. Six of the world's ten fastest growing economies between 2001 and 2010 were African countries, of which 2 were in Southern Africa. Moreover, this growth is increasing: the Economist predicts that seven of the top ten fastest growing economies between 2011 and 2015 will be African countries. This is a dramatic change from the poor performance of the previous three decades, when African countries became synonymous with images of civil war, disease, famine and poverty. This rapid rise in African incomes has not gone unnoticed by entrepreneurs and firms in search of profitable investment opportunities. Even after the global recession, foreign direct investment into Southern Africa continues to surge. But such optimism is also tainted by the institutional and policy environment in these countries; not all investments have been successful because the political, developmental and social challenges impose several constraints on entrepreneurs and managers. This course aims to assist students to investigate the unique institutional and policy conditions in Southern African countries which will not only allow future entrepreneurs and managers to understand the challenges that will confront their businesses, but also allow them to identify the opportunities that this rapidly growing region offers.
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