Country snapshot : South Africa - GoFuckYourself.com

emjay · 01-10-2010, 03:28 PM

Hosts to this year?s eagerly anticipated football World Cup, South Africa is ranked the 25th wealthiest county in the world in terms of GDP. However, there still remains an enormous disparity between the rich and the poor, since about a quarter of the 49m strong population is unemployed and lives on less than US$ 1.25 a day.

Of the remaining three-quarters, about four and a half million people, or 9.4% of the overall population, have access to the fixed-line internet at this time. Perhaps surprisingly, this is not the highest internet penetration rate in the region, that particular honor is bestowed upon the island nation of Mauritius.

According to Euromonitor, debit cards dominate South Africa?s payment card market with 28 million of them in circulation as of 2008, versus about 8 million credit cards which, interestingly, by law cannot be used to purchase gasoline. In light of the forthcoming influx of tourists, politicians are working to revise those regulations so that people can pay for gas using their flexible friends.

As for premium-rate pay-per-call numbers, South Africa is the only country on the African continent that support these and Premium SMS (PSMS) is also a viable billing mechanism in this market.

Accepting cash from this largely unbanked nation is also possible, thanks to E-commerce payment provider Smart Voucher Ltd, trading as Ukash, who became the first to offer online cash payment solutions in South Africa, allowing e-retailers to market to the country's large cash consumer base for the first time.

UK-based Ukash, in partnership with strategic South African based partner Blue Label Telecoms, enables consumers who do not own a card or are unwilling to use it on the Internet, to purchase from online merchants without revealing sensitive bank details using prepaid vouchers.

By steadfastly sticking to a ?credit card only? payment policy, you are therefore depriving yourself of additional revenue if you are currently receiving traffic from this, the largest economy in the African Union.

Les Grossman · 01-10-2010, 05:47 PM

They have them credit cards? What the fuck is this world coming to?

marketsmart · 01-10-2010, 06:22 PM

the violence in south africa is amazing... you couldnt pay me to go to that shithole.. to many calfers...

Les Grossman · 01-10-2010, 06:41 PM

Quote:

Originally Posted by marketsmart

the violence in south africa is amazing... you couldnt pay me to go to that shithole.. to many calfers...

http://www.time.com/time/magazine/ar...952335,00.html

fatfoo · 01-10-2010, 08:44 PM

25% of the 49Million population is unemployed? Unbeliavable.

Mock NyaMout · 01-10-2010, 08:52 PM

Quote:

Originally Posted by fatfoo

25% of the 49Million population is unemployed? Unbeliavable.

how many of US people are " unemployed " ? How many does that add up to ? out of 300 million ?

heymatty · 01-10-2010, 09:59 PM

Quote:

Originally Posted by Mock NyaMout

how many of US people are " unemployed " ? How many does that add up to ? out of 300 million ?

U6 which is close to the real number is about 17% right now.

Spunky · 01-10-2010, 10:00 PM

I must return to the motherland

emjay · 06-14-2010, 11:32 AM

Quote:

Originally Posted by marketsmart

the violence in south africa is amazing...

indeed

LAJ · 06-14-2010, 12:17 PM

Apparently South Africa rivals Colombia for highest murder rate per capita in the world.

seeandsee · 06-14-2010, 12:27 PM

Quote:

Originally Posted by fatfoo

25% of the 49Million population is unemployed? Unbeliavable.

dont worry there is too much countries with such stats world wide!

96ukssob · 06-14-2010, 01:15 PM

fuck that, i would never step foot in that area

01-10-2010, 03:28 PM	#1
emjay Confirmed User Join Date: Dec 2004 Location: Back in Blighty Posts: 4,277	Country snapshot : South Africa Hosts to this year?s eagerly anticipated football World Cup, South Africa is ranked the 25th wealthiest county in the world in terms of GDP. However, there still remains an enormous disparity between the rich and the poor, since about a quarter of the 49m strong population is unemployed and lives on less than US$ 1.25 a day. Of the remaining three-quarters, about four and a half million people, or 9.4% of the overall population, have access to the fixed-line internet at this time. Perhaps surprisingly, this is not the highest internet penetration rate in the region, that particular honor is bestowed upon the island nation of Mauritius. According to Euromonitor, debit cards dominate South Africa?s payment card market with 28 million of them in circulation as of 2008, versus about 8 million credit cards which, interestingly, by law cannot be used to purchase gasoline. In light of the forthcoming influx of tourists, politicians are working to revise those regulations so that people can pay for gas using their flexible friends. As for premium-rate pay-per-call numbers, South Africa is the only country on the African continent that support these and Premium SMS (PSMS) is also a viable billing mechanism in this market. Accepting cash from this largely unbanked nation is also possible, thanks to E-commerce payment provider Smart Voucher Ltd, trading as Ukash, who became the first to offer online cash payment solutions in South Africa, allowing e-retailers to market to the country's large cash consumer base for the first time. UK-based Ukash, in partnership with strategic South African based partner Blue Label Telecoms, enables consumers who do not own a card or are unwilling to use it on the Internet, to purchase from online merchants without revealing sensitive bank details using prepaid vouchers. By steadfastly sticking to a ?credit card only? payment policy, you are therefore depriving yourself of additional revenue if you are currently receiving traffic from this, the largest economy in the African Union. __________________ I Run 500+ WhatsApp Groups. The Zuck Owns Me www.emjayconsultancy.com

01-10-2010, 08:44 PM	#5
fatfoo ICQ:649699063 Industry Role: Join Date: Mar 2003 Posts: 27,763	25% of the 49Million population is unemployed? Unbeliavable. __________________ Send me an email: [email protected]

01-10-2010, 10:00 PM	#8
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,949	I must return to the motherland __________________ *YOUR INFORMATION HERE*

06-14-2010, 12:17 PM	#10
LAJ Gingerific Industry Role: Join Date: Jun 2001 Location: Austin Posts: 5,567	Apparently South Africa rivals Colombia for highest murder rate per capita in the world. __________________ YNOT.com - The original industry resource email jay at ynot dot com or skype LAJConsulting

06-14-2010, 01:15 PM	#12
96ukssob So Fucking Banananananas Industry Role: Join Date: Mar 2003 Location: If I was in your ass you'd know it Posts: 12,991	fuck that, i would never step foot in that area __________________ Email: Clicky on Me

01-10-2010, 05:47 PM	#2
Les Grossman So Fucking Banned Join Date: Sep 2009 Location: On your last nerve Posts: 1,012	They have them credit cards? What the fuck is this world coming to?

01-10-2010, 06:22 PM	#3
marketsmart HOMICIDAL TROLL KILLER Industry Role: Join Date: Dec 2004 Location: Sunnybrook Institution for the Criminally Insane Posts: 20,419	the violence in south africa is amazing... you couldnt pay me to go to that shithole.. to many calfers...