New Development Bank $1bn emergency loan lands in SA
South Africa received the $1 billion emergency loan that it secured from the New Development Bank to assist in fighting the Covid-19 pandemic on July 20.
South Africa received the $1 billion emergency loan that it secured from the New Development Bank to assist in fighting the Covid-19 pandemic on July 20.
A bank established by Brazil, Russia, India, China and South Africa is providing an emergency assistance loan of US$1bn to South Africa to fight Covid-19.
The New Development Bank plans to lend as much as $600 million more in South Africa this year in an effort to spread funding more evenly across its five member states.
National Treasury director general Dondo Mogajane has replaced former Reserve Bank governor Tito Mboweni as a non-executive director of the BRICS Bank.
The real challenge is to turn the BLF activists pent up anger into something productive. But that would be triggered by removing scales from eyes that refuse to acknowledge the real source of SA’s corruption and national resource plunder.
Chris Yelland initially proposed an interview with Eskom to discuss its position and role in respect of renewable energy. The South African Renewable Energy Council answers.
South Africa’s government is in the process of extending National Treasury head Lungisa Fuzile’s term, a decision that may settle investor concerns over the management of the nation’s finances.
The full transcript of President Jacob Zuma’s ninth State of the Nation address.
Well-known economist Peter Attard Montalto says hard decisions need to be made as nothing has been said yet that’ll save South Africa from junk status.
Experienced journalists build a base of “go-to” guys, one refined over years through their deep knowledge – the rare pundits who never let you down with confusing chatter. When it comes to the working of the markets, David Shapiro is in a class of his own. Irnest Kaplan is my man on tech companies; Allan … Read more