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As in previous years, South Africa got the top spot in the Absa African Financial Markets Index (AFMI) due to the strength and depth of its financial markets and the effective legislation that boosts investment potential.
However, in a presentation of the research results on Wednesday morning, the panel of experts from Absa disclosed that SA’s scores in several of the categories declined as the business environment and the economy worsened due to the impact of the Covid-19 pandemic, as was the case for the scores of the countries surveyed as part of the annual research.
However, in a presentation of the research results on Wednesday morning, the panel of experts from Absa disclosed that SA’s scores in several of the categories declined as the business environment and the economy worsened due to the impact of the Covid-19 pandemic, as was the case for the scores of the countries surveyed as part of the annual research.
