The South African economy

South Africa is Africa's largest economy and plays an important role in the development of the region. The South African economy has a large amount of capital (public and private) in close collaboration with global economic grids.

Its currency is the rand divisible into 100 cents, which is also used in other countries of the Common Monetary Area of Southern Africa.
The Johannesburg Stock Exchange is the largest in Africa.

A major industry is mining, especially coal mining and minerals and precious metals such as diamonds, gold and platinum. It is one of the countries with larger reserves of mineral wealth and diversity.