South Africa

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South Africa's widening current account deficit was cause for concern this week, with Lehman Brothers warning that the rand could now be vulnerable.
It was a tale of arms and the man for South Africa’s troubled weapons company Denel last week, as the firm’s new CEO announced sweeping rescue plans.
Pretoria's new budget plans will see a major new boost in spending, with public services, infrastructure and the fight against crime all expected to benefit.
A deal that will result in the creation the country's largest black-owned mine has focused debate in South Africa this week on the government's Black Economic Empowerment policy.
The massive expansion of the Richards Bay port facilities has been exercising minds recently - particularly as the project is being driven by that eastern giant, China.
The slaying of a high-profile businessman in a Johannesburg suburb last week has once again focused attention on crime and corruption in South Africa.

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