The National Pulse

SA secures World Bank loan to be used for energy reforms


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The World Bank has approved a $1. 5 billion loan that will be used to revitalise South Africa’s ailing infrastructure. We understand that the bulk of the money will be used to aid Eskom’s grid to accommodate more renewable energy sources. But why now because currently our government’s ability to service its debt is a significant concern, with debt servicing costs reaching R389.6 billion in the current financial year. For more on this, we are joined by……

GUEST: Dawie Roodt, Director and Chief Economist of the Efficient Group

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The National PulseBy SAfm