South Africa

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As more than 1bn people around the globe enjoy the spectacle of the FIFA World Cup in Germany, many South Africans are wondering how they will be able to replicate such an event in four years time.
The impressive rate of growth in the South African economy over recent years has resulted in the country moving from a net long position on oil to a net short position in the space of five years. Thus, plans for a new oil pipeline from Durban to Gauteng have come at the right time.
Foreign investors and South African businesses are anxious as ideological divisions amongst the country's rulers raise questions about the sustainability of market liberalisation.
South Africa's growing reputation as a staging post from which to expand into sub-Saharan Africa is gathering momentum.
With commodity prices continuing their unrelenting surge in 2006, South Africa is in poll position to capitalise on the ongoing boom.
Not content with being just the largest investor in sub-Saharan Africa, South African companies are increasingly looking to capture markets much further afield.

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