Economic History of South Africa

Economic History Of South Africa

Prior to the arrival of European settlers in the 15th century century the economy of what was to become South Africa was dominated by subsistence agriculture and hunting.

In the north, central and east of the country tribes of Bantu peoples occupied land on a communal basis under tribal chiefdoms. It was an overwhelmingly pastoral economy and wealth was measured in the number of cattle men held. Population growth had created a land pressure that had seen the tribes move steadily from the origins in central east Africa.

In the southern and western parts of the country, San (Bushmen) peoples led nomadic lives based on hunting and the Khoikhoi (Hottentots) peoples led a pastoral existence.

Read more about Economic History Of South Africa:  European Settlement, Immigrant Skills, Boer Republics, Migrant Labour, Rand Rebellion, 'Poor Whites', Labour-Afrikaner Nationalist Unity, Apartheid, Business Support For Apartheid, Sanctions, Apartheid Economically Unsustainable, Black Empowerment, Land Hunger Again, First World Infrastructure

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Economic History Of South Africa - First World Infrastructure
... to maintain internal security under apartheid had seen parts of South Africa develop a first world infrastructure ... years, as has a sophisticated financial system that is allowing South Africa to provide services to the rest of Africa that it was prevented from doing under apartheid ... South Africa punches above its weight internationally ...

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