What’s next for South Africa after the euphoria of the World Cup, which has helped to turn global attention to the emerging market, wears off? Behind the glitter of the World Cup marquis are some fundamental issues that the country still needs to address, as some analysts have cautioned. One of them, Mark Mobius, chief executive of Templeton Asset Management, told Bloomberg today that the government should sell its state-owned enterprises to improve efficiency, particularly in the power and utility sectors where shortcomings have resulted in frequent power outages.

But some of South Africa’s fundamentals are strong. It has rebounded from last year’s slump much faster than most developed countries and its growth, along with sub-Saharan Africa, is forecast by IMF to be 4.7 per cent this year and 6 per cent by 2011. So what opportunities does the region hold for global investors as it seeks to capitalise on the buzz created by soccer fans? What changes does it need to make to compete with heavy-hitting Bric countries? Next Monday Hisham El-Khazindar of Citadel Capital, Africa’s biggest private equity company, will address questions live on the FT’s Market Q&A. You can submit your own questions by following the link here to the FT’s Markets page.