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The anti-immigrant violence in South Africa highlights some of the problems for intra-African trade that I mentioned last week at On Political Risk. Mob violence has killed at least 20 in and around Johannesburg as violence against immigrants continues to spread. Tensions have been high for years in South Africa’s poorer neighborhoods, where those with next to nothing fear that immigrants with nothing are getting jobs that should go to South Africans. The official unemployment rate is 23 percent, inflation is rising, access to medical care is low, and housing conditions are abysmal. But compared to neighboring Zimbabwe this looks […]