New Development Bank
- South Africa News
ActionSA warns R17 billion loan for water & sanitation projects won’t treat deep-rooted issues in DWS
ActionSA has warned that the R17 billion loan to fund water and sanitation projects will be wasted if there isn’t…
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SA receives $1bn emergency loan from New Development Bank
South Africa has received a $1-billion COVID-19 emergency loan from the New Development Bank (NDB). This is the second loan…
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President Ramaphosa’s leaked ANC lekgotla address hints loan needed for vaccine rollout
President Cyril Ramaphosa has hinted that the country may need to borrow more money to foot the bill for the…
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Govt to borrow R118 billion from international institutions, says Tito Mboweni
Finance minister Tito Mboweni has revealed that the government intends to borrow US$7bn (R118bn) from international finance institutions, warning strongly…
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SA secures $1bn New Development Bank Loan
National Treasury has announced that it has secured a $1-billion loan from the New Development Bank. The fund is aimed…
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President Ramaphosa says R500 billion will be spent by the state to save the economy
His address flows from the recent deliberations he was part of with Cabinet, the National Coronavirus Command Council, the President’s…
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