Tag: SA government

IMF says South Africa’s debt is “becoming uncomfortable”, but no bailout requested, what you need to know

South Africa’s public debt, which is approaching rating agencies’ red line of 60% of economic output, is reaching uncomfortable levels, an IMF official said on Thursday.

Why South Africa’s Denel asked government for $200 million cash injection

South African state defence company has asked the government for a 2.8 billion rand ($200 million) cash injection to help it...