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South Africa, led by Deputy President Cyril Ramaphosa, had the world at its feet at the World Economic Forum in Davos this week, with prospects for an improvement in the economy over coming months looking more certain. But Reserve Bank Governor Lesetja Kganyago has cautioned the government to firm up promises with concrete action or risk losing positive investor sentiment that sent the rand on a winning streak to its highest level in just more than two years this week. Speaking to Business Times from the World Economic Forum in Davos, Switzerland, Kganyago said investor spirits were "even more positive towards South Africa as an investment destination" now than over at least the past two years. The WEF kicked off on Tuesday and concluded on Friday. The rand shot to its highest levels since mid-2015 against a weaker dollar as investors embraced Ramaphosa's message of recovery, stability and a commitment to tackle corruption. A stronger rand makes it easier for the Reserve Bank's to k...

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