Raw Materials Market in South Africa
Day 658, 09:30
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Published in South Africa 
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by
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by Deniz Khazari
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With this article I continue to discover South Africa and open it to the world businesses. Please check the previous article to learn about consumer market in eSA.
Today I will cover raw materials market and prospects of development.
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South Africa General Info
Population: 770
Taxes: Low
Wages: Mid-Low
Political system: Stable, 70% of congress is pro low taxes
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eSA Raw Materials Markets:
Diamonds: Fighting for the global top
17 offers on market – ZAR 0.60 to ZAR 1.00 – price per Q1 – Q1, Q2, Q4
17 companies offer products on South African market.
13 of those are SA and 4 Gauteng (Brazilian based companies).
6 companies in Limpopo are stuffed with employees max productivity.
2 companies have export licenses (Argentina + Slovenia; and France)
Price hit parade: South Africa 12th place in the world countries (although the 7th cheapest country France has South African diamonds sold cheaper than in SA itself)
Prices for diamonds are highly dependant on ZAR value. Stronger ZAR makes diamonds more expensive. Two days ago SA diamond companies were in Top 10 ereptool prices. Once ZAR is devalued the prices will drop to the world’s best again.
There are only 7 active gift companies in SA, and for sure there is not enough market for those in SA.
Limpopo (SA only region) is only 1 out of 10 total diamond rich regions in the world. Others are being Australia, Indonesia, Russia, Canada (high region now under Hungary, another under Iran), Brazil (occupying South African high regions). With such a position Limpopo has potential to become the world’s most desired supplier of diamonds.
However, overconcentration on diamonds may harm economy.
Wood 2 offers on market – ZAR 0.76 to ZAR 0.80 – price per Q1 – Q3 only
Q3 price is 2.18 ZAR or 0.1g vs. 0.07g world’s cheapest in Italy
Wood supplied in South Africa is not reflected in the ereptools = not in the 150 top prices in the world.
There are only 3 housing factories in Limpopo. Of them 1 is already closed and two others are striving (18 and 3 employees respectively).
Iron 3 offers on market – ZAR 1.11 to ZAR 1.51 – price per Q1 – Q3,Q4 only
Iron sold in South Africa is not reflected in ereptools (same with wood).
Currently iron is priced almost 3 times higher than in Asturias, Spain.
There are a few companies that started manufacturing of weapons in Limpopo recently.
Only Q1, 2 and 3 weapons are available for sale.
16 gun companies are working. Of those 5 are foreign based. 11 opened in Limpopo, 2 of 11 have 10 workers, 3-4 have more than 5, others are between 0 and 4.
Current supply is about 400 guns. Total demand for today is around 250-300 guns as the training war is supposed to be there daily. (eSA is a member of SOL Alliance holding Malaysia – Philippines training war)
Grain 5 offers on market – ZAR 0.35 to ZAR 0.65 – price per Q1 – Q2 ALL
Top 16th price in erepublik – 0.0071g vs. worlds cheapest 0.0063g in Italy
Not bad for a country with no resources. This price is, however, provided by Grain SA company that is based in London (Grain High), UK
Oil 3 offers on market – ZAR 0.69 to ZAR 1.01 – price per Q1 – Q1, Q2 only
Price of oil on market of South Africa is also not in the Top 150 ereptools
0.0084g is the worlds lowest price in China. Price in SA is around 0.0202g.
7 companies sell tickets in South Africa. 2 of them are South African. 1 is 5 employees another one is empty and has 3 tickets for sale. 22G is the price to buy that company.
* * *
I sell wood and iron to South Africa. And I need competition... Just kidding
But to be honest industry is underdeveloped in South Africa. With lack of good labor and wages that are not something special, I don’t know what will make foreign businesses buy licenses to South Africa.
More companies are there because of patriotic reasons than for sake of the business.
What we need desperately in South Africa is transparent and working policy on attracting people to the country. What that would be? President Bosch has some time to answer.
Deniz Khazari
(TO BE CONTINUED)
With this article I continue to discover South Africa and open it to the world businesses. Please check the previous article to learn about consumer market in eSA.
Today I will cover raw materials market and prospects of development.
- - - - - - - - - - - - - - -
South Africa General Info
Population: 770
Taxes: Low
Wages: Mid-Low
Political system: Stable, 70% of congress is pro low taxes
- - - - - - - - - - - - - - -
eSA Raw Materials Markets:
Diamonds: Fighting for the global top
17 offers on market – ZAR 0.60 to ZAR 1.00 – price per Q1 – Q1, Q2, Q4
17 companies offer products on South African market.
13 of those are SA and 4 Gauteng (Brazilian based companies).
6 companies in Limpopo are stuffed with employees max productivity.
2 companies have export licenses (Argentina + Slovenia; and France)
Price hit parade: South Africa 12th place in the world countries (although the 7th cheapest country France has South African diamonds sold cheaper than in SA itself)
Prices for diamonds are highly dependant on ZAR value. Stronger ZAR makes diamonds more expensive. Two days ago SA diamond companies were in Top 10 ereptool prices. Once ZAR is devalued the prices will drop to the world’s best again.
There are only 7 active gift companies in SA, and for sure there is not enough market for those in SA.
Limpopo (SA only region) is only 1 out of 10 total diamond rich regions in the world. Others are being Australia, Indonesia, Russia, Canada (high region now under Hungary, another under Iran), Brazil (occupying South African high regions). With such a position Limpopo has potential to become the world’s most desired supplier of diamonds.
However, overconcentration on diamonds may harm economy.
Wood 2 offers on market – ZAR 0.76 to ZAR 0.80 – price per Q1 – Q3 only
Q3 price is 2.18 ZAR or 0.1g vs. 0.07g world’s cheapest in Italy
Wood supplied in South Africa is not reflected in the ereptools = not in the 150 top prices in the world.
There are only 3 housing factories in Limpopo. Of them 1 is already closed and two others are striving (18 and 3 employees respectively).
Iron 3 offers on market – ZAR 1.11 to ZAR 1.51 – price per Q1 – Q3,Q4 only
Iron sold in South Africa is not reflected in ereptools (same with wood).
Currently iron is priced almost 3 times higher than in Asturias, Spain.
There are a few companies that started manufacturing of weapons in Limpopo recently.
Only Q1, 2 and 3 weapons are available for sale.
16 gun companies are working. Of those 5 are foreign based. 11 opened in Limpopo, 2 of 11 have 10 workers, 3-4 have more than 5, others are between 0 and 4.
Current supply is about 400 guns. Total demand for today is around 250-300 guns as the training war is supposed to be there daily. (eSA is a member of SOL Alliance holding Malaysia – Philippines training war)
Grain 5 offers on market – ZAR 0.35 to ZAR 0.65 – price per Q1 – Q2 ALL
Top 16th price in erepublik – 0.0071g vs. worlds cheapest 0.0063g in Italy
Not bad for a country with no resources. This price is, however, provided by Grain SA company that is based in London (Grain High), UK
Oil 3 offers on market – ZAR 0.69 to ZAR 1.01 – price per Q1 – Q1, Q2 only
Price of oil on market of South Africa is also not in the Top 150 ereptools
0.0084g is the worlds lowest price in China. Price in SA is around 0.0202g.
7 companies sell tickets in South Africa. 2 of them are South African. 1 is 5 employees another one is empty and has 3 tickets for sale. 22G is the price to buy that company.
* * *
I sell wood and iron to South Africa. And I need competition... Just kidding
But to be honest industry is underdeveloped in South Africa. With lack of good labor and wages that are not something special, I don’t know what will make foreign businesses buy licenses to South Africa.
More companies are there because of patriotic reasons than for sake of the business.
What we need desperately in South Africa is transparent and working policy on attracting people to the country. What that would be? President Bosch has some time to answer.
Deniz Khazari
(TO BE CONTINUED)
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Comments
You did a lot of research here, I commend you for taking the time out to do this... Keep it up.
Zag 🙂 I can do it without come on. Taking future of eSA as my own personal challenge
As an investor, what would you suggest I do in SA? Should I open a business? Should I buy a license? What would make me money and help SA?
Well, I commend you for this too Deniz, it's a good summary
Great! maybe i come to south Africa.
nice report, voted and subbed.
Sell Q3 grain for 0.021 gold each
thanks folks
@Avenya - i think you can compete in SA with your iron, but you never know how long it will last this profitable
Indeed!