South Africa’s new budget cushions the coronavirus blow — but only briefly

 The adjustments to the 2020 budget partly cushion the initial blow of the novel coronavirus disease (COVID-19) pandemic and the government&…

The IMF’s $4 bln loan for South Africa: The pros, cons and potential pitfalls

The most important benefit is that South Africa is getting $4.2 billion at about 1.1 per cent interest. This is a very cheap source of funds