I needed to double check the date of this pronouncement, as it could have been April Fool’s Day joke, but alas, it was not.
“The government is currently working on a programme to ensure that education and training programmes are directly linked to the jobs needed in South Africa,” said Ramaphosa. How, where and when, I ask?
The reality is that in just five years, South Africa has borrowed R1.8 trillion from investors. Also, in April 2021, it was announced that South Africa would get a $1 billion (R14.5bn at the time) loan from the New Development Bank (NDB) to bolster its coffers.
The NDB is a development finance institution established by Brazil, Russia, India, China, and South Africa as part of the BRICS grouping.
South Africa’s…
