South Africa accounts for 24% GDP of all African Countries, according to the World Bank it is classed as an "upper-middle economy" It abounds in natural resources and is a very rich country. This is a table of the percentage of the world's production of these particular substances: platinum, 77%; kyanite and other materials, 55%; chromium, 45%; palladium, 39%; vermiculite, 39%; vanadium, 38%; zirconium, 30%; manganese, 21%; rutile, 20%; ilmenite, 19%; gold, 11%; fluorspar, 6%; aluminium, 2%; antimony, 2%; iron ore, 2%; nickel, 2%; and phosphate rock, 1%. South Africa also accounted for nearly 5% of the world’s polished diamond production by value. The country’s estimated share of world reserves of platinum group metals amounted to 89%; hafnium, 46%; zirconium, 27%; vanadium, 23%; manganese, 19%; rutile, 18%; fluorspar, 18%; gold, 13%; phosphate rock, 10%; ilmenite, 9%; and nickel, 5%. It is also the world's third largest coal exporter.
It is also a very diverse economy with mining, fishery, agriculture, vehicle manufacture and assembly, finance, energy, textiles etc. In spite of this, 25% are unemployed, and more than 25% live on less than US$1.25 a day.
All that adds up to it being a country of massive wealth and extensive poverty. As this film shows, like all capitalist countries, it doesn't go anywhere near fulfilling the needs of its people, and can be honestly stated to treat millions of its citizens as if it were an extremely poor country. Then again, that's the system, it is called corporate greed.
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