A South African woman wearing a face mask whilst carrying a bag of vegetables atop her head, walks past a wall with Covid-19 in Soweto. South Africa’s debt levels will exceed 100% of its GDP in 2025. AP Photo
A South African woman wearing a face mask whilst carrying a bag of vegetables atop her head, walks past a wall with Covid-19 in Soweto. South Africa’s debt levels will exceed 100% of its GDP in 2025. Show more

Economy

South Africa's debt to top 100% of its GDP in 2025

The country’s finances have deteriorated rapidly over the past decade, partly due to a series of bailouts for loss-making state-owned companies

Bloomberg

June 20, 2020

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