Is there a R459bn pot of gold at the end of South Africa’s rainbow?
As the cost of borrowing soars and a fiscal crisis looms, South Africa is desperate for new sources of cash. Some think they have found a hidden stockpile at the Reserve Bank, but it is unlikely to hand over the country’s reserves without a fight
If only South Africa had a pot of gold (or cash under the sofa) that everyone had forgotten about and that was just waiting to be discovered … About half a trillion rand would do it.
Wait. What? There is one?..
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