Almost a third of the government's total revenue emanate from indirect taxes, mainly from value-added taxes (Brand South Africa, Niekerk).

3. privatization -- this process was viewed to create a robust flow of business opportunities in the next many years at a range of 100-150 billion South African Rands (PGI 2012). This is equivalent to U.S.$12-20 billion. There will be estimated and sustained business acquisition opportunities in agribusiness, agriculture and fisheries; hotels, restaurants, resorts and tourism; mining and mineral extraction; forestry, logging and wood products; electricity generation and power reticulation; manufacturing; road and rail transportation; telecommunications and information technology; financial services; and water, waste water and water management. Transactions are likely to be in the form of complete or partial sales, concessions or public-private partnerships (PGI).

4. trade and trade finance and investment -- the Department of Trade and Industry

formulated the trade policy, which the Cabinet adopted in July...
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