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Assessing and promoting civil and minority rights in South Africa.

[Source: BusinessTech.]

South African President Cyril Ramaphosa has pledged that those responsible for plundering taxpayer funds during his predecessor Jacob Zuma’s rule will face prosecution. Investors and the public at large will still need convincing.

More than R500 billion ($34 billion) may have been stolen during Zuma’s nine-year tenure, and ‘some people’ say the figure could exceed R1 trillion, Ramaphosa told a conference hosted by the Financial Times in London on Monday.

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South Africa at a Glance
58 780 000 (mid 2019 estimate)
3.7% y/y in October 2019 (CPI) & +4.1 y/y in September 2019 (PPI)
3.1% q/q (2nd quarter of 2019)
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