South Africa’s debt continues to escalate to worrying levels. That’s as the country’s debt burden has multiplied in the past few years from R500 billion in 2016 to R4.7 trillion last year and is forecast to reach R6 trillion by 2025.
Investment Executive at Foord Asset Management Linda Eedes unpacks this.
Tune into Newzroom Afrika DStv channel 405 for more.
The ANC cannot generate revenue from the economy. So, they can only borrow us to death.
No problem. Between SARS, Russia and China any quantum of debt will be sorted out.
Dont worry china gonna bailout SA then they will take every rock stone and oil spill we have back to china instead of paying cash.
ANC hasn't passed grade 1 Mathematics and voters trust them with an economy? ????????
Linda Eedes is a clown