Is South Africa still an attractive investment destination?
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Frontline Africa Advisory
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Recently a number of multinational corporations, such as ArcelorMittal South Africa, Glencore, Rio Tinto, and Goodyear have announced either exits or large-scale downsizing of their South African operations. While the reasons cited range from global restructuring to sector-specific challenges, common themes emerge: declining profitability in the local market, energy insecurity, infrastructure backlogs, and regulatory uncertainty.…
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