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Assessing and promoting civil and minority rights in South Africa.

[Source: Business Day – Editorial.]

Many silly and pointless diplomatic incidents take place around the world, but the latest “investment memo” incident in SA surely takes the cake, at least for this year.

The incident was sparked by the Sunday Times main story on Sunday reporting the allegation that five Western governments had written to President Cyril Ramaphosa, saying that if he didn’t take action against the perpetrators of state capture his investment goals were likely to be thwarted.

The department of international relations  & co-operation (Dirco) immediately got on its high horse, significantly without checking the facts, and issued a démarche — a formal diplomatic registration of anger — against the five countries involved — the US,  the UK, the Netherlands, Germany and Switzerland.

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South Africa at a Glance
58 780 000 (mid 2018 estimate)
4.5% y/y in June 2019 (CPI) & +5.8 y/y in June 2019 (PPI)
-3.2% q/q (1st quarter of 2019)
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