South Africa

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South Africa's Department of Trade and Industry released the long awaited second phase of its Black Economic Empowerment codes of good practice in mid-December.
A shortage of both aviation fuel and petrol has left planes grounded and cars queuing at the pump on the eve of South Africa's Christmas mass migration to the coast.
The controversial plan to build a high-speed train link between Johannesburg and Pretoria was finally approved last week, after months of wrangling.
Despite seeing significant economic growth and foreign investment, southern Africa is also often thought of as the epicentre of the world's worst humanitarian crisis.
With the buyout of South Africa's largest bank by Barclays, South Africans could finally be witnessing the flood of foreign investment that the country's difficult economic reforms have long promised.
While recent moves in South Africa's mobile phone market have lifted the Johannesburg Stock Exchange (JSE), they may do considerably less for the country's consumers.

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