As the 20th anniversary of the birth of democracy in South Africa, on April 27 2014, approaches, it seems a perfect opportunity to take a step back and get a long-range perspective on the important question: "So, what has Nelson Mandela's South Africa done with its freedom?" Goldman Sachs has produced this report in the hope of contributing towards a more balanced narrative on South Africa; one, which in the wake of 2012's tragic events at Marikana, had become somewhat hysterical, short-term and often negative. The report provides a data-rich, empirical analysis of how South Africa has changed in the past 20 years, and its position in the world, and identifies: The 10 areas in which South Africa has made structural advances in this time The 10 large challenges that remain to be tackled The 10 key issues now to be addressed.

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