It’s no secret that South Africa is a popular destination for foreign nationals. But just how many foreign nationals are living in South Africa? In this blog post, we’ll take a look at the latest figures and what they mean for small businesses in the country.
What is the number of foreign nationals in South Africa?
According to the latest statistics, there are over 2.2 million foreign nationals living in South Africa. This is up from 1.8 million in 2011. The vast majority of foreign nationals in South Africa come from other African countries. Nigeria, Zimbabwe, and Mozambique are the top three source countries.
What does this increase in foreign nationals mean for small businesses in South Africa?
Well, for one, it means that there is a growing market for goods and services that cater to foreign nationals. This is especially true for businesses that are located in areas where foreign nationals are known to congregate, such as Sunnyside in Pretoria or Langa in Cape Town.
It also means that small businesses need to be aware of the cultural differences that exist between South Africans and foreign nationals. For example, foreign nationals are more likely to start their own businesses than South Africans. This is because in many African countries, starting your own business is the only way to make a decent living. As such, foreign nationals are used to being their own boss and may not be receptive to traditional management styles.
In conclusion, the increase in foreign nationals living in South Africa presents both opportunities and challenges for small businesses. Those who are able to tap
