×

We've got news for you.

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

The World Bank has approved an R11bn ($750m) loan for SA’s under-pressure National Treasury, which, besides needing to fund the battle against Covid, is desperate to boost an ailing economy facing another interest rate increase.

The low-interest development policy loan will form part of the government’s R500bn fiscal relief package. Besides boosting the fight against the pandemic, the money will also offer support for resilient and sustainable economic recovery, the Treasury said in a statement...

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