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Assessing and promoting civil and minority rights in South Africa.

[Source: Business Day by Genevieve Quintal.]

The land debate is largely a political tactic to neutralise the EFF and radical elements in the ANC, BMI Research, a unit of Fitch Group, said on Wednesday.

In its outlook for SA’s agriculture sector, BMI said the call for expropriation of land without compensation was also about catering to black voters in the upcoming 2019 general elections.

BMI said President Cyril Ramaphosa, despite growing pressure from various political factions, had successfully maintained positive investor outlook with rating agencies Fitch Ratings, Moody’s and S&P Global Ratings, which held SA’s sovereign debt outlook at stable.

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South Africa at a Glance
56 500 000 (mid 2017 estimate)
4.6% y/y in June 2018 (CPI) & +4.6 y/y in May 2018 (PPI)
294.84 in USD BIllion (December 2017)
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