We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

SA, which borrowed more than R80bn from international institutions in 2020, should consider accessing cheaper sources of funding as it grapples with the fiscal impact of the Covid-19 pandemic and associated lockdowns, the head of the IMF said.

"How SA can tap into more financing that is available at lower rates, this is for the SA leadership to decide," Kristalina Georgieva, MD of the international institution that lent SA $4.3bn (R65bn) in 2020, said in a media roundtable on Wednesday. This is something the country should be exploring, she said, without discussing whether the IMF would be a potential source...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now