South Africa to Boost Borrowing While Trying to Rein in 'Runaway' Debt, SA Finance Minister Says
"The problem with debt is whether the economy can service it. In this environment, in this trajectory, our ability to service that debt is becoming constrained, and therefore we have got to do something about it," the minister noted.
"We've been focusing more on fixing Eskom than on fixing power to the grid. That challenge confronts us with the second problem - logistics. We've been focused more on fixing Transnet than on fixing logistics and getting products to the port," Godongwana revealed.