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