Southern Africa: Region threatened by Eurozone collapse

Southern Africa, including Namibia, stands to loose a lot should the euro collapse, a local economist said. 'No one will be unscathed, not least Southern Africa,' said Rowland Brown, economist at Capricorn Investment Holdings (CIH). The region’s exports will be particularly hard hit, he said. Central in the unfolding financial drama is how much longer Germany will be willing to cover debt for others with little chance of being completely refunded, he said.