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South Africa Richest In Africa, But Gap Narrowing

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AFRICANGLOBE - The individual wealth of the average South African had increased to $11,310 (about R120 000) at the end of last year from $4,200 in 2000 on the back of stable asset ownership, a functional banking system and a free and independent media, Andrew Amoils, a senior analyst at New World Wealth, said yesterday.
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