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Vol 49 No 22

Published 31st October 2008

South Africa

Squaring the circle

Would-be president Jacob Zuma has to please his left-wing backers but lacks the money to pay for the promises

Mid-October was not a good time to visit Washington. As banks collapsed and great industrial firms were threatened with closure, Jacob Zuma, the African National Congress President and probably the next President of South Africa, struggled to attract a high-level audience. He had hoped to persuade United States politicians, policy-makers and business executives that 'the world should continue to regard South Africa as a destination for investment'.

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