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Global Business Strategy/COSTCO in SOUTH AFRICA

I am needing help doing a research on the following Global current Events Analysis on COSTCO Wholesale Store in the country of South Africa. Below shows all points that need to be discussed. Can you provide source information without using Wikipedia.

a). Region Analysis

1) Regional alliances
2) Physical environment
3) Politics
4) Economics
5) Finance
6) Social, health and environmental
7) Terrorism

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Global Business Strategy/COSTCO in SOUTH AFRICA

I am needing help doing a research on the following Global current Events Analysis on COSTCO Wholesale Store in the country of South Africa. Below shows all points that need to be discussed. Can you provide source information without using Wikipedia.

a). Region Analysis

1) Regional alliances

2) Physical environment

3) Politics

4) Economics

5) Finance

6) Social, health and environmental

7) Terrorism

South Africa is one of the most sophisticated and promising emerging markets in the world, offering a unique combination of highly developed first world economic infrastructure with a vibrant emerging market economy. It is also one of the most advanced and productive economies in Africa.

Country of Huge Potential
South Africa leads the continent in industrial output (40% of total output) and mineral production (45%) and generates most of Africa's electricity (over 50%).
http://www.southafrica.info)
Political environment
South Africa, since the end of apartheid and its first democratic elections in 1994, has liberalized the economy. According to the Constitution, the composition of South Africa's Parliament is as follows:

(1) Parliament consists of -

(a) the National Assembly; and

(b) the National Council of Provinces.

(2) The National Assembly and the National Council of Provinces participate in the legislative process in the manner set out in the Constitution.
http://www.ngo.grida.no/soesa/nsoer/issues/politic/intro.htm

South African government lately has enacted economic reforms that made it easy for foreign capital to flow in and out. They performed well on various surveys of competitiveness and the business environment. The economy was managed spectacularly, with inflation brought down to single digits relatively quickly, budget balances within a reasonable ability to pay, and political stability guaranteed by the ANC's (African National Congress) popularity. The snapshot of the development initiatives is given in the following table.

Some Examples of Development Initiatives and their Implications
Development Initiative Objectives Implications Possible interventions and instruments
Macroeconomic Policy (GEAR) Set goals of achieving a 6% economic growth rate per year with 400 000 jobs to be created by the year 2000. Rapid economic growth rate often implies increase in development and use of natural resources. Without proper environmental management systems in place there could be negative impacts in the form of possible over-exploitation of natural resources. (See Economics) Increase in economic growth must be accompanied with more investment in environmental management systems. Such systems could be the creation of Natural Resource Accounting system and data that will assist government in identifying cost/benefits of development programmes as part of the national accounting system.
Spatial Development Initiatives (SDI's) There are several SDI programs that involve industrial, tourism and agricultural development which are meant to be undertaken in a fast track and large-scale manner. The SDI programs involve private and public sector partnerships and investment. Since these often occur in areas that are well endowed with natural resources but where there is also widespread poverty and weak institutional capacity to manage development, possible threats to the environment could be increased e.g. pollution Most SDIs have either applied SEAs or EMFs , and are putting in place good environmental management systems and guidelines that investors need to follow. The crucial issue here is monitoring, capacity building, and enforcement at the local level.
Consolidated Municipal ...

Solution Summary

The solution examines the Global Business Strategy of Costco in South Africa.

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