Was looking at prices in Australia:
Canon 100-400 mk ii
Aus - R24 800 ($2700)
SA - R23 140 (Outdoorphoto)
Nikon 80-400 ED VR
Aus - R21 400 ($2300)
SA - R42 180 (Outdoorphoto)
It's absolutely ridiculous! Canon vs Nikon debates are irrelevant in SA. It may be Apples vs Apples overseas, but that is not the case here, they aren't even comparable. I would even consider importing Nikon lenses to resell here just to take advantage of their greed. The duties on lenses are 0% in SA. So all you pay is 14% VAT and shipping. On top of that, you could probably claim back the 10% GST from Aus. Plus I already have an importer's license for photographic equipment.
The only issue is that Foto Distributors (who hold the rights for Nikon in SA) seem to go hard at anyone that dares to do this. This is all because, according to their CEO, “Grey-product importing has a negative impact on our country’s economy, as well as on job creation in South Africa”.
http://www.pix-online.com/nikon-in-south-africa-wins-landmark-case-against-grey-goods-importer/
Yup, it's in the consumer's best interests that they continue to rip us all off. They're pricing their entry level gear as best they can, so as to lock consumers into the Nikon ecosystem, and then absolutely rip these loyal customers off wherever they can. You can sell all your Nikon gear in the secondhand market, replace it with the brand new Canon equivalents, and still save money.
Also (and I think this needs to be said), kudos to Canon SA for giving us such competitive pricing!
EDIT: The huge price disparity is also the reason that there is so much more second hand Canon gear available. This is a huge bonus (for me at least) when buying into a system.