Check out the eSouth Africa prices vs. World Prices now
Day 657, 14:04
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Published in South Africa 
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by
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by Deniz Khazari
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Just a little brief on eSA standings as of today in the economy.
How much do South Africans pay for the products.
What's good and what's wrong in the industries.
I hope this will help company owners to give a new look at a new market.
There are 63 countries total in the New World and I wanted to check how expensive it is to live in our country today. Prices are shown in Gold.
South Africa is the youngest democracy in the New World (Rank 3
Population: 770
Taxes: Rather low http://www.erepublik.com/en/country/economy/South-Africa
FOOD (Q1-Q5)
- 0.019 vs. 0.014 lowest in the world in Ireland - eSA rank 25 cheapest of 63 total countries
- 0.029 vs. 0.028 lowest in the world in Japan - eSA rank 3 cheapest of 63
- 0.100 vs. 0.055 lowest in the world in Norway - eSA rank 46 of 63
- 0.460 vs. 0.080 lowest in the world in Denmark - eSA rank 52 of 63
- 0.380 vs. 0.140 lowest in the world in Sweden - eSA rank 40 of 63
Here we can see that living a noob life in eSA is not easy (govt needs to make all efforts to make food cheaper). Another outcome of this excersize is that market is not full with offers yet, and the sellers (importers) can have high prices.
I know they dont sell much of that expensive food.
Weapons
- 0.125 vs. 0.124 world's lowest price in Finland - 5th of 63 countries
- 0.423 vs. 0.247 world's lowest price in Latvia - 40th of 63 countries
- 0.633 vs. 0.405 world's lowest price in Poland - 42nd of 63 countries
- n/a
- n/a
Good Q1 weapon price comes from either mistake of a seller or poor management of the selling factory. Manu worker salaries are still not very high in eSA and probably the factory is at a break-even.
Prices for Q2,Q3 are risen by importers and there is for sure no big market for those.
Q4,Q5 weapons are not available, those are expensive and if there is a demand for such, then I assume that the player is experienced enough to get those on a black market (at around 0.7G and 1.1G today).
Houses
- 7.544 vs. 3.544 lowest in the world - 35th of 63
- n/a
- n/a
- n/a
- n/a
At the time the article is written only 2 houses are for sale in eSA and both from the same factory based in Limpopo.
Gifts
- 0.059 vs. 0.044 lowest world price in Peru - 41st of 63
- 0.106 vs. 0.089 lowest world price in Poland - 13th of 63
- n/a in eSA
- n/a in eSA
- n/a in eSA
No need to worry about the n/availability of gifts in eSA. I dont understand why there is a possibility to manufacture gifts above Q2 at all. For your info just two companies supply Q4 gifts in the world.
I however would say that 41st place in gifts prices in the world should not be good for a diamond rich country. And gift consumers are the higher level players. Again (same with weapons) they can seek a much better deal on black market or overseas using their orgz.
Tickets
- 0.320 vs. 0.191 world's cheapest in USA - 43rd of 63
- n/a
- n/a
- n/a
- n/a
There is plenty of room for importers to build up a good ticket sales here in eSA.
Raw materials will be analyzed in the next issue of the zero tax monitor.
I will make an advertisement of this articles globally for the organizations to be more active in buying licenses to eSouth Africa where there is much room for profit now.
Deniz Khazari
(TO BE CONTINUED)
Just a little brief on eSA standings as of today in the economy.
How much do South Africans pay for the products.
What's good and what's wrong in the industries.
I hope this will help company owners to give a new look at a new market.
There are 63 countries total in the New World and I wanted to check how expensive it is to live in our country today. Prices are shown in Gold.
South Africa is the youngest democracy in the New World (Rank 3
😎
Population: 770
Taxes: Rather low http://www.erepublik.com/en/country/economy/South-Africa
FOOD (Q1-Q5)
- 0.019 vs. 0.014 lowest in the world in Ireland - eSA rank 25 cheapest of 63 total countries
- 0.029 vs. 0.028 lowest in the world in Japan - eSA rank 3 cheapest of 63
- 0.100 vs. 0.055 lowest in the world in Norway - eSA rank 46 of 63
- 0.460 vs. 0.080 lowest in the world in Denmark - eSA rank 52 of 63
- 0.380 vs. 0.140 lowest in the world in Sweden - eSA rank 40 of 63
Here we can see that living a noob life in eSA is not easy (govt needs to make all efforts to make food cheaper). Another outcome of this excersize is that market is not full with offers yet, and the sellers (importers) can have high prices.
I know they dont sell much of that expensive food.
Weapons
- 0.125 vs. 0.124 world's lowest price in Finland - 5th of 63 countries
- 0.423 vs. 0.247 world's lowest price in Latvia - 40th of 63 countries
- 0.633 vs. 0.405 world's lowest price in Poland - 42nd of 63 countries
- n/a
- n/a
Good Q1 weapon price comes from either mistake of a seller or poor management of the selling factory. Manu worker salaries are still not very high in eSA and probably the factory is at a break-even.
Prices for Q2,Q3 are risen by importers and there is for sure no big market for those.
Q4,Q5 weapons are not available, those are expensive and if there is a demand for such, then I assume that the player is experienced enough to get those on a black market (at around 0.7G and 1.1G today).
Houses
- 7.544 vs. 3.544 lowest in the world - 35th of 63
- n/a
- n/a
- n/a
- n/a
At the time the article is written only 2 houses are for sale in eSA and both from the same factory based in Limpopo.
Gifts
- 0.059 vs. 0.044 lowest world price in Peru - 41st of 63
- 0.106 vs. 0.089 lowest world price in Poland - 13th of 63
- n/a in eSA
- n/a in eSA
- n/a in eSA
No need to worry about the n/availability of gifts in eSA. I dont understand why there is a possibility to manufacture gifts above Q2 at all. For your info just two companies supply Q4 gifts in the world.
I however would say that 41st place in gifts prices in the world should not be good for a diamond rich country. And gift consumers are the higher level players. Again (same with weapons) they can seek a much better deal on black market or overseas using their orgz.
Tickets
- 0.320 vs. 0.191 world's cheapest in USA - 43rd of 63
- n/a
- n/a
- n/a
- n/a
There is plenty of room for importers to build up a good ticket sales here in eSA.
Raw materials will be analyzed in the next issue of the zero tax monitor.
I will make an advertisement of this articles globally for the organizations to be more active in buying licenses to eSouth Africa where there is much room for profit now.
Deniz Khazari
(TO BE CONTINUED)
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Comments
The question for exporters to eSA is how many of these supplies are sold daily...
i guess you don't know the basic principle of the market : offer versus demand and viceversa.
@MyGamesLab the population is 770 there is a market for food and gunz sales and the license buying is profitable in my eyes
@Miller Corporation .. demand and viseversa principle? wow .. what's that? (check my org: Stock Market, am I doing all wrong?)
My org and two companies are in South Africa. I am happy with business environment, taxes, stable parliament (80% of senators are "pro-low-tax party").
We may need more population, but its on the way.
Very informative...
Well, the ZAR compared to gold is what's really throwing things off. If we could print and bring it down to 0.015 or lower, these prices would make a lot more sense. Unfortunately, that is not the case, and we are stuck with goods that are actually quite expensive compared to their values in gold.
we have to think about more players benefits from settling in eSA ... among those that are possible to achieve
I agree, thats why I put that in my RBSA report, Frank said he was going to put it into the MoInfo agenda too.
I am thinking of starting a company in SA. Right now I'm still just in the research and data gathering mode.
What would be the point of buying a company there thats on the market (35 gold) with 0 stock 0 employees and maybe 1 license?
It would be a lot cheaper to just create an org (5 gold) and then create the company (5 gold) save the other 25 gold for wages and materials.
I'd also like to help start the economy somewhat. Food prices are too high there, and I thought I had it bad in poland making .21 pln a day after tax & food.
In SA if you're making min wage with 10% tax and buying food you're making -.04 ZAR a day.
Whoa. Ok first - Org does cost 5, but a company costs 20 gold. Still, don't buy a Q1 company for 35 gold. Maybe a Q2 company, as that costs 40 gold to make.
Food prices are coming down, it is adjusting due to a shift in the value of the ZAR.
10% tax is on diamonds, everything else that you will find a job in, cept housing, is lower.
If you are working at minimum wage for more than 3 days, you're not doing something right. A 0.12 ZAR loss to feed a new player for 3 days is nothing. Besides, they start with 5 ZAR for this very reason. If they never got a higher paying job, it would take them over 3 months to run out of ZAR at a 0.04 ZAR a day loss.
Weapons need a higher import tax. Cheapest supplier is Estonian...
@ MoHaG
🙂 tomorrow it will be latvia or something
i am only giving the picture of exact time when the article is written
it also gives you understanding of what is going on in South Africa
Q2 food will remain at it's low prices due to the active Q2 companies working together to 1. keep prices low and 2. keep undercutting to a minimum.
Currently the Q2 food rate the three companies involved (Angelic Food Q2, Foodpath Q2, and eBites) have set is 1.5 ZAR. This may increase just a little (Angelic Food is running at a slight loss, no more than 8 ZAR a day loss) but it will stay around that level. Anglic Food Q2 also exports to Bolivia and has brought their market down.
Weapons prices should decrease as I've set up a Q2 weapon company and will begin selling at reasonable rates once I get a work force set up.
I'm also exporting excess iron from my iron company at eWorld's cheapest prices.
Just making it known some of the goings on that I'm involved in 🙂
~Gabriel Borien
All very interesting comments. Basically if our food is too expensive here people will not be eager to come and live here. We have a 50% income tax on grain - the basic ingredient for food. In a country where we don't have any grain; how does it make sense to tax it so much? And why is there such a big import tax on food itself? If the market can be opened a bit it will decrease prices. And then there is high income tax on oil, iron etc. Of course no company will want to produce weapons etc if these resoursces are taxed so high. And I thought the govt is pro low taxes?