AfricanBUSINESS

Winner o f the Diageo 2005 Best Publication award

N°318 March 2006

Cover s to ry South Africa: Is apartheid still alive and kicking?

Special Report Boom time for African tourism

Ed ito r ia l 13 A fric a needs new d e ve lo pm en t models

Cover S to ry 14 Apartheid: S t i l l a liv e and k ic k in g? 16 The spectre o f racism 18 The co lo u r o f Sou th A f r ic a ’s sport 19 Can e co nom ic ap a r th e id be beaten? 20 W h o is d e la y in g land red is tr ib u t io n?

Developm ent 22 H ig h g row th marred by u n em p lo ym e n t

Energy 26 A n g o la ’s oil t a k e s second spot.

Topic 28 In vestm e n t w it h a h um a n face

Special Report Tra ve l and To u r ism 30 Boom t im e fo r A fr ic an to u r ism 32 A fr ica re g is te rs record g ro w th 35 Kenya, S A fr ica lead th e charge 36 S ou th e rn A fric a 38 W e st A fric a 40 In d ia n O cean is la nds

V iew f rom the C ity 24 Is A fr ica a poor trader?

Spotlight 42 CBC as c a ta ly s t fo r g ro w th

S p o rt in g Business Grand Prix racing returns

C o u n t ry f i le 44 Nigeria: Reform s le a d in g to g o ld e n era? 46 S. Africa: The ram p a n t rand 47 Z im babwe: In f la t io n in orb it 48 Botswana: A p eop le - f r ie n d ly budget 50 Mauritius: T e ch n o lo g y fo r land 52 Kenya: H id in g th e s lid e 54 Egypt: P ra gm a t ism pays o f f

S p o rt in g Business 56 GP re tu rn s to A fric a

Reviews Books/Music 62 Fair Trade fo r All 64 K h a r to um and o th e r books 66 Pot o f s e e th in g rh y thm s

A f r i c a n B u s i n e s s I M a r c h 2 0 0 6

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