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South Africa

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South Africa
Globalization and Business Practices

South Africa In 1652, Dutch traders founded the city of Cape Town, establishing a stopover point on the spice route at the southern tip of what is now South Africa. The British seized the Cape of Good Hope in 1806. In 1867, diamonds were discovered in South Africa, and in 1886, gold initiated immigration and wealth, further subduing the native inhabitants. The Boers unsuccessfully attempted to resist British control with the Boer War. Under the Union of South Africa beginning in 1910, the British and the Afrikaners ruled together. The National Party, after being voted into power in 1948, began a policy of apartheid. Apartheid is defined as the development of separate races. Apartheid in South Africa favored the minority white race over the black majority. The African National Congress led a defense against apartheid. Many African National Congress leaders fought against apartheid, spending many years in South Africa’s prisons. Among these leaders was Nelson Mandela. Protests, insurgency, and boycotts by many Western nations led to peaceful negotiations to end apartheid. In 1994, the first multi-racial election was held in South Africa officially ending the apartheid era. South Africa is bordered by: Botswana, Lesotho, Mozambique, Namibia, Swaziland, and Zimbabwe and it is about two times the size of Texas. As of July 2012, South Africa had a population of approximately 48, 810, 427. South Africa is a republic where citizens vote for their government representatives. The National Assembly elects the president for a five-year term. After their first term, the president is allowed to run for a second term. Most recently, President Jacob Zuma was elected into presidency on May 9, 2009. The next election is due to be held in the year 2014. President Jacob Zuma is apart of the African National Congress (ANC). South African law is derived from Roman-Dutch civil law, English common law, and

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