There’s a lot to be downbeat about in South Africa – you can take your pick from load-shedding, political uncertainty, poor economic growth and the collapse of many state-owned enterprises – to name a few. While you can’t wish away the steady stream of bad news, what you can do is avoid getting.
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Investors spooked by the uncertainty surrounding the fate of President Cyril Ramaphosa have pulled their money out of South Africa, with billions of rands already gone to greener pastures.