Luncedo Mtwentwe
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- Jul 25, 2026
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- Jul 25, 2026
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LUNCEDO MTWENTWE | South Africa can’t borrow its way to growth (opens the original)
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This past week, South Africa secured a $1.5bn (R25bn) development policy loan from the World Bank to support long-overdue reforms in the electricity, freight transport and water sectors. It has rightly been welcomed as a vote of confidence and a much-needed boost for infrastructure modernisation, but loans must be repaid, with interest, and when we are producing less and importing more, it becomes more difficult to borrow our way to prosperity. Instead, South Africa needs to focus on extracting
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Top 50K sites
For TimesLive South Africa, the outlet · Measured Aug 1, 2026
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