Wednesday, July 29 2020
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.
South Africa Latest News, South Africa Headlines
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BREAKING NEWS: IMF board approves $4.3bn loan to SAIMF says the Rapid Financing Instrument loan equals SA's full quota
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SA's economy to contract 7.2%, even after $4.3 bn loan injection - IMFThe IMF loan is part of $7 billion in planned borrowing from international financial institutions.
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ANALYSIS: The IMF’s $4bn loan for SA: the pros, cons and potential pitfallsThe IMF loan does not impose any conditions over and above what is in South African law on how the funds can be used; it only seems to expect the country to implement policies already announced.
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EDITORIAL: Let the IMF loan be impetus for action — at lastWorries of lost sovereignty as SA accepts external help are indulgent and serve no purpose
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Negative side of IMF loan to SAIt is critically important that this borrowing does not become a habit and we join the list of African countries with outstretched begging bowls.
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IMF approves $4.3bn loan to South AfricaDetails on the commitments South Africa has made to support the loan will be revealed later in the week.
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