My Financial News from South Africa, Debt

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South Africa , Thursday 16 April 2026

News South Africa Debt: Why Did Chinese Loans to Africa Fall So Much in 2020?

Published on: Thursday 05 May 2022
Why Did Chinese Loans to Africa Fall So Much in 2020?
News source: https://thediplomat.com/2022/05/why-did-chinese-loans-to-africa-fall-so-much-in-2020/

Of course the COVID-19 pandemic played a role, but there is another factor at play: pressure from international organizations to avoid debt.

News South Africa Debt: U.N. chief calls for debt relief, post-COVID investment on West Africa trip

Published on: Sunday 01 May 2022
U.N. chief calls for debt relief, post-COVID investment on West Africa trip
News source: https://www.reuters.com/world/africa/un-chief-calls-debt-relief-post-covid-investment-w-africa-trip-2022-05-01/

U.N. Secretary-General Antonio Guterres on Sunday urged debt relief for African countries and more investment to help their economies recover from the COVID-19 pandemic and weather the impacts of the Ukraine war.

News South Africa Debt: South Africa’s $8.5bn climate finance deal ‘could be a global benchmark’ for other coal-dependent countries

Published on: Wednesday 04 May 2022
South Africa’s $8.5bn climate finance deal ‘could be a global benchmark’ for other coal-dependent countries
News source: https://www.msn.com/en-za/news/other/south-africa-s-85bn-climate-finance-deal-could-be-a-global-benchmark-for-other-coal-dependent-countries/ar-AAWUQT9

The world will keenly watch how South Africa uses the chunk of cash from rich nations to move away from coal and focus on green hydrogen and electric cars – not forgetting Eskom’s debt – says the man heading the talks on the deal.

News South Africa Debt: R11.4 billion loan from the World Bank sparks fears of South African debt trap

Published on: Sunday 23 January 2022
News source: https://www.iol.co.za/business-report/economy/r114-billion-loan-from-the-world-bank-sparks-fears-of-south-african-debt-trap-240908a9-aeca-4228-b0bc-94eb4467921b

The World Bank on Friday approved R11.4 billion low-interest development policy loan to South Africa to help the government widen its social protection net.

News South Africa Debt: Eskom debt is a buy because of ‘scarcity value,’ Citigroup says

Published on: Tuesday 25 January 2022
News source: https://www.moneyweb.co.za/news/south-africa/eskom-debt-is-a-buy-because-of-scarcity-value-citigroup-says/

The company is in the middle of a restructuring aimed at returning it to profit and lightening its R392 billion debt load.

News South Africa Debt: Eskom debt is a buy, says Citigroup

Published on: Tuesday 25 January 2022
News source: https://businesstech.co.za/news/energy/553420/eskom-debt-is-a-buy-says-citigroup/

Eskom Holdings SOC Ltd bonds are enticing Citigroup Inc analysts despite the long-running debt troubles of South Africa’s state-owned utility.