No. They have achieved only 3rd place in 1987
not even one ..
once in 1966.
South Africa has been in the World Cup semi-finals three times; 1995, 1999 and 2007! Considering South Africa has only been playing in the World Cup since 1995, its pretty good they've been in 3 semi-finals and won the final twice to date!
This years rugby world cup (2007) was held in France, the previous world cup (2003) was held in Australia, the 1999 world cup was hosted by Wales, the 1995 world cup was held in South Africa and the 1991 rugby world cup was hosted by England. (Additional Answer) The 1987 Rugby World Cup was joint hosted by Australia and New Zealand.
I believe they have been semi finalists 6 times
The William Webb Ellis Cup has been awarded to South Africa twice, once in 1995 when they defeated New Zealand in the finals 15-12, and in 2007 when they defeated England in the finals 15-6.
They have been in 6 world cup finals
Australia and England have met in Rugby Union test matches 36 times; Australia have won 21 of these encounters, England have won 14 and there has been one draw. The Wallabies have won the Rugby World cup twice, England has won it once.
England have been in the final 3 times - 1991, 2003 and 2007 Winning it in 2003.
To date never (June 2011) However, they have been in 2 quarter and 1 semi finals