Most of the larger or profitable industries in South Africa are within the agriculture, electricity, and finance sectors. As such, Tetra Consultants will recommend setting up businesses in these sectors.
Currently, South Africa is one of the world’s largest producers of crops like grapefruit, cereals, and castor oil seeds. Local wines are also highly regarded by tourists and locals. As agriculture is an important industry to South Africaâs economy, it is an ideal sector to set up a business in.
Another profitable industry is the electricity, water, and gas industries. South Africa faces infrastructure issues and rapid population growth. This allows for many investment opportunities in the development of security, systems, hardware, and software development.
Finance, real estate and business services are some of the biggest industries in South Africa. With a well-developed and regulated banking system, a finance-related business is an ideal option for companies in South Africa.