Industry-specific empowerment charters have been developed for South Africa's mining, information and communications technology, and financial services sectors, while work is under way on charters for agriculture, transport, construction, health, cosmetics, tourism and the wine industry.
The government says it is committed to developing the fledgling aerospace industry in South Africa - in the same way that helped the country's motor industry out of the starting blocks. And new deals in the sector are beginning to pay off.
Online banking in South Africa is growing rapidly - with over a million online accounts registered in 2003. Research indicates that, despite security scares, growth is set to continue.
South Africa's national carrier, SA Airways, is facing increasingly stiff competition from no-frills airlines offering budget deals to local and international fliers - the most recent player being Civair, which will offer low-budget flights direct from the UK to Cape Town and Durban later in 2004.
South Africa's nutriceutical industry - covering a broad range of health supplements and complementary medicines - has grown rapidly over the past decade, and is now estimated to be a worth around R7-billion.
A portable morgue, an inflatable refuge chamber for miners, a gearbox technology that eliminates the need for traction fluid, and an adjustable canoe seat were among 18 design prototypes recognised at the annual SABS Design Institute Prototype awards.
The department of trade and industry, with funding from the World Bank, has established the Black Business Supplier Development Programme, aimed at fast-tracking small and medium black-owned enterprises with potential for growth into the mainstream of the economy.
South Africa - an oil producing country? The opening of the Sable oil field, 150km southwest of Mossel Bay, has effectively tripled SA's oil production. Added to Sasol's coal-to-petroleum contribution, 45 000 barrels a day from Mossgas and 15 000 from PetroSA's two existing oilfields, it means that South Africa now produces roughly half of its petroleum needs.
Film producers Jeremy Nathan and Joel Phiri formed the company DV8 to develop, produce and market 12 genuinely South African digital feature films over the next three years. DV8's second film is in production, the third has been selected - and the search is still on for exciting South African writers and filmmakers for the nine remaining movies.
The Upstarts innovation incubation programme - brainchild of billionaire Mark Shuttleworth - aims to help South Africa's budding entrepreneurs turn their innovations into viable business ideas that are ready for the market.