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Assessing and promoting civil and minority rights in South Africa.

[Source: Sowetan Live.]

South Africa’s government faces a tough balancing act as it tries to attract foreign investors into the key mining sector while also pledging to seize land without paying compensation.

President Cyril Ramaphosa, who is pushing “expropriation without compensation” land reform, last week tried to quell investor fears when he spoke at an annual conference of international mining industry executives in Cape Town.

“The measure we are proposing will apply… within a clearly defined set of circumstances,” Ramaphosa told delegates. “Understandably, concern has been raised about the proposal… as we seek to address what we have termed the original sin committed against black South Africans during colonial and apartheid days.”

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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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