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Business chiefs urge long-term Africa view as growth dips

Slowdown in many African nations and other emerging markets seen to be temporary

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PURCHASING POWER: "The populations are growing and they have more money," said Nielsen's Mr Matthesen.

Cape Town

CHRISTO Wiese has some advice for companies looking to tap the spending power of Africa's 1.2 billion consumers: Stick around and have deep pockets.

"Over the years, I've seen too many companies set up shop, stay around for a while and then disappear again," 74-year-old