SARB Won’t Bail Out South Africa’s State Firms, Governor Says

Posted by on June 6, 2019 2:08 am
Categories: Business

South Africa’s central bank won’t bail out the country’s troubled state-owned companies including power utility Eskom Holdings SOC Ltd. because it would fuel inflation, Governor Lesetja Kganyago said. Speaking in interview Tuesday hours before the ruling Afri…
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