Economics

South Africa Misses Chance to Report on Progress: WEF Update

Security guards stand on patrol as protestors gather outside the the Cape Town International Convention Centre on Sept. 4.Photographer: Waldo Swiegers/Bloomberg
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Business and political leaders began meeting at the African edition of the World Economic Forum in Cape Town.

The conference is taking place against the backdrop of a wave of xenophobic attacks that have undermined South African President Cyril Ramaphosa’s assurances the continent’s most-industrialized economy is open for business.