Health Minister, Joe Phaahla says the loan by the World Bank will ensure government accelerates its COVID-19 response.
The World Bank granted South Africa a loan of R11.4 billion.
Government asked for the loan as part of efforts to address the socio-economic impact of COVID-19 and bolster economic recovery.
The loan comes just ahead of Finance Minister Enoch Godongwana’s maiden budget speech in February.
Source: eNCA
In other news – LOOK: 51-year-old Connie Ferguson shows off her abs
Wife, mother, Executive Producer, and entrepreneur, Connie Ferguson has always been body goals. She recently left her fans drooling after she flaunted her perfectly toned body and abs during a workout session.
Fans can’t get enough of her fit body. Prior to the workout session, Connie Ferguson shared a video as someone offered her a doughnut. Captioning the video she wrote; Learn More