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SOUTH AFRICA: Budget gains wide investor approval
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DOI: 10.1108/OXAN-ES259794
ISSN: 2633-304X
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However, cuts to the social grants budget and a continued focus on the planned three-year wage freeze for civil servants has annoyed (among others) the ruling ANC's ‘Tripartite…
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DOI: 10.1108/OXAN-DB259790
ISSN: 2633-304X
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In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…
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DOI: 10.1108/OXAN-DB255001
ISSN: 2633-304X
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The negotiations follow the government’s refusal last year to pay the final annual tranche of a previous three-year deal. Containing the public-sector wage bill is seen as key for…