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Vol 46 No 24

Published 2nd December 2005

South Africa

A good week for Mbeki

The ANC's internal battles don't worry the country's foreign economic backers

Angry National Party politicians used to say, when the African National Congress won power in 1994, that the definition of a South African optimist was 'someone not in possession of the full facts'. As the fate of sacked Deputy President Jacob Zuma divides the ANC, foreign investors have been signing big new deals, while the rand holds firm against other major currencies and may strengthen further next year.

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