The South African economy has fared well 2005-2010. The Rand (local currency) has remained strong against the dollar and the World Soccer cup has generated employment for many.
The economy is very diverse (agriculture, mining, manufacture, and the service industry). South African tourism is doing well and services are outstanding. Bed-and-breakfasts (B&B) have mushroomed all over the country and can be found in nearly every suburb.
Challenges: The country is highly unionized and strikes are common, including sympathy strikes, that has paralyzed the country at times and led to significant economic losses.
South Africa roughly has the same economic output as Wisconsin, USA.