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SOUTH AFRICA
  • SOUTH AFRICA LOAN TALKS WITH WORLD BANK 'ONGOING': TREASURY
  • Refers to the $2bn loan conditioned on cutting the public sector wage bill as qualification criteria - much of which has not happened
  • SAA negotiations showing some follow-through on tough decisions, but SABC struggling to push through dramatically reduced retrenchments
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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