South Africa's economy is the most advanced on the African continent and stands out in the context of the BRICS framework. Unlike other BRICS countries and emerging market economies, its agricultural sector only contributes a minor share of its GDP. It has a solid industrial industry, but around 70 per cent of the country's GDP stems from services (Worldbank 2023d). Indeed, South Africa displays only a slightly positive trade balance (WITS 2023). However, its domestic market is still strongly influenced by state investments. Furthermore, South Africa suffers from high levels of poverty and corruption. In recent years, the economy has also faced difficulties due to unpredictable power shortages (Worldbank 2023e).