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Assessing and promoting civil and minority rights in South Africa.

[Source:BusinessTech.]

Economic growth and investment in South Africa is set to rebound following several years of economic and political decline, say economists in a new PwC report.

The country remains a promising investment destination with a bright future, and retained many strong fundamentals and positive factors for investment in spite of the above-mentioned declines. The country is certainly in a better place now than where it was when previous rating actions took place in late-2017, the report said.

“Our economists see a 75% probability of improved economic growth in South Africa over the next five years under the leadership of President Cyril Ramaphosa, compared to the preceding years,” PwC said.

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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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