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President Zuma Turmoil Leaves South Africa’s Economy Down But Not Out
Johannesburg, Capital Market in Africa: At first glance, South Africa appears on a road to nowhere, mired in leadership turmoil and economic stagnation that are rolling back many of the hard-won gains of 22 years of multiracial rule. President Jacob Zuma, who’s lurched from one scandal to the next, is warring with his finance minister over control of the National Treasury. Government and ruling-party officials are at each other’s’ throats over policy, appointments and alleged cronyism. And the…
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