R11 4 billion loan from the World Bank sparks fears of South African debt trap iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
The Inkatha Freedom Party (IFP) is unhappy that government requested a $750-million (about R11.4-billion) loan from the World Bank, warning it that the money must not become another opportunity to “loot the State coffers”. The World Bank announced on Friday that it had approved South Africa’s request for the loan.
Making headlines: Sisulu claims Ramaphosa's media team deliberately misrepresented outcomes of their meeting, IFP criticises govt over R11.4 billion World Bank loan and, South Africa records 3 962 new infections
IFP downplays uMhlathuze mayor s sudden resignation iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.