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Foreign direct investment (FDI) in SA plunged 15% to $4.6bn (R79bn) in 2019 and is expected to drop further this year due to the Covid-19 pandemic, according to a new global investment report by the UN.

Global FDI flows are forecast to decrease by up to 40% in 2020, from their 2019 value of $1.54-trillion. This would bring FDI below $1-trillion for the first time since 2005, the report stated...

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