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EXPLAINER: Why South Africa is borrowing another R24.7bn despite already spending R1bn a day on debt
Is South Africa's debt crisis spiralling out of control? The country takes on a new R25bn loan from the World Bank while spending R1.1bn daily on existing debt.
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businessday.co.za
World Bank approves R25bn loan to back South Africa’s infrastructure reforms
Nearly 600,000 jobs expected through infrastructure overhaul, private sector investment
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africanews.com
South Africa signs $1.5bn World Bank loan for infrastructure development | Africanews
It will help the country confront challenges in electricity supply, freight transport, and water and sanitation services that have long constrained economic growth
