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Assessing and promoting civil and minority rights in South Africa.

[Source: BusinessTech.]

Not only have more than 400,000 high-income professionals emigrated from South Africa since 1994, but millions of remaining individuals are using the easing of forex controls to let their money emigrate.

This was one of the major findings in a new report by the Enterprise Observatory of South Africa (EOSA) which looked at how South Africa’s financial and business sector has shrunk dramatically over the last 10 years.

Speaking to 702’s Bruce Whitfield, the EOSA’s Johannes Wessels said that the 2017 government white paper on migration found that for every one South African emigrating to South Africa, eight are leaving.

Continue reading here.

South Africa at a Glance
57 700 000 (mid 2018 estimate)
4.5% y/y in May 2019 (CPI) & +6.4 y/y in May 2019 (PPI)
-3.2% q/q (1st quarter of 2019)
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