Text Box: Business and Economic Development Electricity South Africa has one of the cheapest electricity rates in the world; Eskom, South Africafs national electricity utility, is the largest producer of coal-fired electricity in the world.  Finance The Johannesburg Securities Exchange (JSE) is the 15th largest stock exchange in the world; Our banking sector is rated as one of the top 10 in the world. We are known to be an early-adopter society and thus have a disproportionately large number of ATMs, users of Internet banking and cell phone banking; Old Mutual, with 143-billion UK pounds sterling of funds under management at the end of 2001, is now one of the top asset managers in the world. In the USA, it is one of the top 10 fixed-annuity businesses.  Product Quality Walt Disney serves SA wine exclusively at its 73-acre Animal Kingdom Lodge in the United States; The BMW 3-series, the Mercedes-Benz C-class, VW Golf and Jetta vehicles, for all right-hand drive markets, are produced in South Africa; Daimler Chrysler has enough confidence in our country to promote its vehicles, manufactured in East London, as gMade in South Africah in Japan. South Africa was the second largest exporter of motor vehicles to Japan in 2003.   Commerce Japanese researchers acknowledge that South Africafs export performance in the last four years is better and broader than that of Japan in the 1950s and 1960s, considered their boom years; In 2002 South African Breweries bought Miller Brewing from Phillip Morris to become SABMiller. It is now the worldfs second largest brewer in the world; SABMiller is the worldfs largest bottler and distributor of Coca-Cola products outside of the USA; Raymond Ackerman bought four very small supermarkets in 1967 and turned them into multi-billion rand family and supermarket chain, Pick en Pay, which now operates 70 stores in Australia; South African company, SAPPI, is one of the top 10 exporters of paper and pulp in the world; South Africa is one of the worldfs largest exports of canned fruit. South Africa is the worldfs biggest producer and exporter of mohair; Columbus Stainless Steel is the fifth largest stainless steel manufacturer in the world; People come from around the world to shoot their TV commercials in South Africa; Our local advertising industry is among the top prize winners at international awards shows; The MICE (Meetings, Incentives, Conferences and Exhibitions) industry contributes 246 000 jobs and approximately US$1 billion in salaries to South Africans annually; South Africa has the worldfs fifth most productive labour force, measured in dollar terms.