Moz tops SA trade and investments.

Position:Trade
 
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Mozambique has surged ahead of Zimbabwe as South Africa's biggest trading partner and investment destination in the region. South Africa's department of trade and industry reports that exports to Zimbabwe totalled R5.38bn for 2001 while those to Mozambique were valued at R5.72bn. South African companies invested more than R25bn in Mozambican projects in the same period, mainly in tourism, financial services and manufacture. The reason for the switch is Zimbabwe's high-risk ranking in cross-border credit guarantees. Net...

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