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Political change could spark a surge in investment, says Goldman Sachs

Creamer Media Correspondent
South Africa has the potential to achieve a 3% economic growth rate, and 5% in the medium term, if the constitutionalists in the African National Congress (ANC) are elected to lead the country, says Goldman Sachs Southern Africa MD Colin Coleman. “With the right leaders in the right circumstances, we will get to 3%, while 5% is within our grasp in the more medium term,” he told delegates attending the Thomson Reuters Africa summit, in Cape Town, on Thursday.

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