Why SA shouldn't be overly pessimistic

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Cape Town - There are seven reasons why South Africans should guard against being overly pessimistic, according to Rian le Roux, chief economist of Old Mutual Investment Group.

The first reason for him is that SA is still a constitutional democracy with powerful oversight mechanisms, like the courts, a free media and vigorous public debate.

"Ratings agencies call this institutional strength," Le Roux said at an investment conference on Monday.

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