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Aug 31, 2006

Spotlight on South Africa

While South Africa's economy is growing, domestic capital-raising opportunities remain limited.

For more than a century, South Africa has been one of the world’s major sources of diamonds. It’s nearly twice the size of Texas and extracts more gold and platinum each year than any other country. Millions of tourists visit its romantic coastline, rugged mountains and nature reserves full of roaming elephants, lions, leopards and rhinos. From an economic standpoint, South Africa’s unemployment rate has declined, its interest rates have plunged by two thirds, inflation remains

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