Move over, East African firms, the South Africans are here

Faced with a crisis at home, South African companies are looking to spread their reach across Africa in efforts to sustain growth. PHOTOS | FILE

Faced with a crisis at home, South African companies are looking to spread their reach across Africa in efforts to sustain growth.

Once christened the Rainbow Nation and economic jewel of Africa, South Africa has in recent years plunged into an economic crisis that has recently seen it downgraded to junk status by international rating agencies.