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Should South Africa Tap $26 Billion in Paper Profits?: QuickTake

Should South Africa Tap $26 Billion in Paper Profits?: QuickTake
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South africaSouth africanAnnik ketterleEnoch godongwanaGuido maiaPaul richardsonPedro maiaAndrea masiaLesetja kganyagoThomas pfeifferYvonne mhangoLondon school of economics phGold foreign exchange contingency reserveAmia capitalForeign exchange contingency reserve accountStanley economist andrea masia

Should SA tap R497bn in paper profits?

It could help reduce debt.

South africaSouth africanGuido maiaPedro maiaLesetja kganyagoAnnik ketterleEnoch godongwanaAndrea masiaGold foreign exchange contingency reserveAmia capitalLondon school of economics phWith south africaForeign exchange contingency reserve accountStanley economist andrea masiaGovernor lesetja kganyagoFinance minister enoch godongwana

South Africa eyes half of $27bn contingency funds to cut debt

South Africa eyes half of $27bn contingency funds to cut debt
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South africaLesetja kganyagoJannie rossouwGuido maiaForeign exchange contingency reserveAfrica national treasuryGold foreign exchange contingency reserveUniversity of the witwatersrand wits business schoolLondon school of economicsNational treasuryForeign exchange contingency reserve accountGovernor lesetja kganyagoWitwatersrand wits business schoolLondon schoolReserve bank

South Africa eyes half of R497 billion contingency funds to cut debt

South Africa eyes half of R497 billion contingency funds to cut debt
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South africaGuido maiaJannie rossouwLesetja kganyagoAfrica national treasuryUniversity of the witwatersrandLondon school of economicsGold foreign exchange contingency reserveWits business schoolNational treasuryForeign exchange contingency reserve accountGovernor lesetja kganyagoLondon schoolReserve bank

🔒 FT: SA urged to use forex reserves to tackle debt burden

Amia Capital, a London-based hedge fund, proposes SA govt. utilise gains from its central bank's foreign exchange reserves.

South africaCity ofUnited kingdomSouth africanAnnik ketterleCyril ramaphosaPedro maiaJoseph cotterillGuido maiaLondon school of economics phAfrican reserve bankAmia capitalSouth african reserve bankBiznews insiderSouth african reserveFinancial times