PETER BRUCE: SA could whistle Dixie for funds US has say over
27 February 2025 - 06:23
Tomorrow, Friday February 28, the SA National Treasury, the people who almost brought you a 13.3% increase in VAT last week before their budget was cancelled, will make a six-monthly payment of the interest it owes on just four of the many bonds it has issued to the market to fund the state.
The payment will be a cool R46bn, almost more than all the state bailouts SAA was ever given; more than the Guptas ever smuggled out of the country; enough to have built more than 10 Soccer City stadiums for the 2010 World Cup final at the time. ..
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