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Growing local concerns: Outlook fraught with uncertainty

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SA competitiveness eroded by rising labour costs - A present, the South African investor outlook is fraught with uncertainty. This is according to Ursula Maritz, Chief Investment Officer at Southern Charter, who says that the biggest concern is the state of the South African economy, which contracted by 0.6% in the first quarter of this year, hurt by a 24.7% and 4.4% drop in mining and manufacturing respectively.

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