SAA have possibly defaulted on billions in loans

Reports today that Standard Chartered Bank has declined to renew their loan facilities to SAA and that repayment of these loans has been demanded, may only be the tip of the iceberg. According to a repayment schedule, SAA has listed R 8,887 billion repayable in 2017/18, yet some of the maturity dates have in fact past. Key...

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By: Democratic Alliance - 3 days ago

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