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Assessing and promoting civil and minority rights in South Africa.

[Source: Bloomberg by Colleen Goko.]

Foreigners offloaded South African stocks at the fastest pace in two years last week, as worries about the state of the global economy helped spur an exit from riskier assets.

Offshore investors were net sellers of 10.7 billion rand ($711 million) of the country’s equities in the five days ending Oct. 4, based on figures from Johannesburg stock exchange operator JSE Ltd. That’s the heaviest week of outflows since September 2017. Foreigners have been net sellers in 12 of the past 13 sessions.

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South Africa at a Glance
58 780 000 (mid 2019 estimate)
4.3% y/y in August 2019 (CPI) & +4.5 y/y in August 2019 (PPI)
3.1% q/q (2nd quarter of 2019)
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