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JOHANNESBURG, South Africa — China has offered $1.1 billion in low-interest loans to Nigeria for badly needed infrastructure development, part of Beijing’s continuing efforts to bolster relations with resource-rich African nations.

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THE government plans to follow-up on a pledge by South Africa to provide up to $2 billion in credit lines. Economic planning minister Tapiwa Mashakada said the government’s cash-flow position remained a major "cause for concern".

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Far from offering free higher education, President Jacob Zuma’s report of the Commission on the Feasibility of Fee-Free Higher Education and Training in South Africa might actually harm disadvantaged students, creating a student loan.

Millions of South Africans. to grant recipients — loans which were backed by their very state-issued welfare grants. Zero — the number of people so far who have been fired over this scandal. Sign up for the Quartz Africa Weekly Brief.

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JOHANNESBURG – In an effort to retain stability in the taxi industry, Transactional Capital reduced its highest interest rate on future loans to 26.5percent. of.

Steinhoff lent money to these entities to buy its unprofitable businesses and then booked interest revenue on these loans, says Viceroy. For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic.

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There is much speculation that the Zimbabwe government will press South Africa to commit to a $100m loan request that Zimbabwe Finance. s next election to be financed by donors, as the cash-strapped unity government could not.

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JOHANNESBURG (Reuters) – South Africa’s government employees pension fund is investing nearly $750 million into lender SA Home Loans as part of plans to provide cheaper mortgages and build more houses in a country with glaring.

DAVOS – Finance Minister Nhlanhla Nene says the more than R10 billion rand to be given to Eskom isn’t a simple cash bailout. This comes after. Fund cut its predictions for economic growth for South Africa again on Monday night. It.