South Africa is back from the brink

Despite narrowly failing to win the bid for the recent 2006 football World Cup, the bid in itself highlights the strides the South African government, and the policies it has implemented, have achieved. Many South African companies are now being recognised as global leaders. Anglo American Plc in the commodity sector and Dimension Data, a leading network solutions provider, are just two. The Mbeki government has attempted to implement sound economic policies like inflation targeting and focusing on revenue collection. However, much more lies ahead especially on structural reform of the la...