South African Budget Signs Debt Trap Ahead
(Bloomberg) — Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter South Africa is heading for a debt trap as bailouts for its embattled state power utility drain the government’s coffers and anemic economic expansion weighs tax revenue. Finance Minister Tito Mboweni presented a rapidly deteriorating outlook in his…
News story published on 2019-10-30T12:41:00.0000000Z
