Bloomberg Politics
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South Africa Can Avoid Debt Crisis, President Ramaphosa Says
Posted
November 19, 2020
Views
1,055
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13
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4
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1.61%
November 19, 2020
1,055
13
4
1.61%
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14:09Now PlayingNov.19 -- South African President Cyril Ramaphosa says the government is committed to reining in its stretched finances and will avoid a sovereign debt crisis. He also says the government is in talks with unions on freezing wages for 1.3 million state workers for the next three years -- a proposition that labor unions have rejected. He spoke Wednesday on the sidelines of an investment conference in Johannesburg with Bloomberg's Amogelang Mbatha.
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