Godongwana said government’s gross borrowing requirement was being financed through the issuance of domestic short- and long-term loans, foreign currency long-term loans and cash balances.
“The market participants buy the bonds on behalf of their clients, which include pension funds, foreign investors, insurers, monetary institutions, other financial institutions and individuals, to name a few,” he said. “The money was borrowed from rapacious lenders, not investors. Mr Godongwana hasn’t disclosed the names of the domestic lenders despite a parliamentary obligation to do so.
Floyd looks like he smells of atchar. Like all the time, like he just ate it with breakfast.
You're one of Young promising leader,the problem you're in a wrong place 🤔...you find yourself agree, while you disagree bcouse you're forced to salute Malema''' and Ndlozi even if they takes wrong divisions..be a men and stop leaking other men ass🚶🚶🚶
Very tragic but you guys cleared Mkhize as innocent during Scopa
Kante how is economic growth measured, you get a trillion today it grows tomorrow?
Thiefs hate thiefs.
eff “phd’s”…
I guess the hawk's are getting close to arresting the VBS criminals. Is this the bullet to try and defend eff criminals? How is it even possible for ANC to lend trillions and tax payers have never heard about it
The public sector is overfull, the only place the economy can grow now is the private sector. SA needs to be competitive in the world on many levels.
What is also tragic is that VBS looting to buy Range Rovers and throw lavish weddings with old people's savings
Start by telling us who sent you here
Poor written story. The domestic lenders 'loaned' the funds & SA 'borrowed' it. State of our stupid 'journalists' today. They cannot differentiate the two words.
They don't enable entrepreneurs. They go offshore to build their companies where they appreciated.
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