BMI View: South Africa's defence budget will remain limited in the medium term, amid difficult economic
conditions and as the government focuses spending on much-needed service delivery improvements rather
than military development. Over the longer term, as the econom ..."
The South African defense budget values US$4.1 billion in 2016, dropping from US$4.6 billion in 2012, and registered a CAGR of -2.56% during 2012-2016. Even though the actual budget increased in local currency, it showed a downward trend in ter ..."
BMI View: South Africa possesses the largest defence sector in Africa, and local manufacturers - a
growing number of which are entering into international product development partnerships - export items
such as armoured vehicles, artillery and defence electronics to a ..."
BMI thinks that the South Africa defence budget and armed forces are likely to continuing facing
substantial challenges in the years ahead. We think there seems to be a clear need for higher defence
spending, although note that the defence industry remains an importan ..."
The Future of the South African Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2019, published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast defense industry ..."
In 2014, we believe that the South African defence budget will be worth USD3.6bn. Since the start of the
decade South Africa has progressively reduced its defence spending levels. However, we now expect the
value of the South African defence budget to increase year-on ..."
BMI expects South Africa to spend US$3.5bn on defence in 2014. Next year, in 2015, we expect the
defence budget to increase to US$4.5bn. This trend will continue into 2016 with the defence budget
increasing US$5.4bn. The final two years of the forecast period we see S ..."
In terms of the country's defence budget, questions remain as to whether it allocates sufficient funding for
the military to perform the tasks required by the government. In Q413, BMI reported that defence spending
was expected to be set at US$3.9bn for 2013, but the ..."
The deaths of 34 miners at the Marikana platinum mine northwest of Johannesburg in August 2012 during a protest over pay highlighted the risk to South African stability posed by such socio-economic issues as income inequality, not to mention the ability of the security services t ..."
This report is the result of SDI's extensive market and company research covering the South African defense industry, and provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of th ..."