South Africa's govt to borrow $7 billion as debt rises

Finance Minister Tito Mboweni says government will need to borrow US$7 billion from international finance institutions as one of the measures to cover the budget hole brought about by South Africa's response to the COVID-19 pandemic.
South Africa’s last apartheid president, F.W. de Klerk
Former South African president De Klerk withdraws from U.S. rights talk
South Africa’s last apartheid president, F.W. de Klerk, has withdrawn from a U.S. seminar about minority rights because he did not want to embarrass himself or his hosts in the current charged racial climate, his foundation said on Sunday.
Reopening of economy continues after students were allowed to return to school
South Africa to allow restaurants and hairdressers to reopen
South Africa's President Cyril Ramaphosa has announced further easing of coronavirus restrictions.
President Cyril Ramaphosa
South African president's shame over surge in murders of women
South Africa's president says it has been a "dark and shameful week" for his country following a surge in violence against women.
A man wearing a protective face mask buys alcohol at a liquor store
South African shoppers stock up on booze as sales resume
South African shoppers filled trolleys with cases of beer and cider and bottles of whiskey and wine on Monday as the government eased the coronavirus lockdown to allow the sale of alcohol to resume after a nine-week ban.
South African president, Cyril Ramaphosa
South Africa partly lifts lockdown to fix battered economy
South Africa partly lifted a two-month-old Coronavirus lockdown on Monday, letting people outside for work, worship, exercise or shopping, and allowing mines and factories to run at full capacity to try to revive the economy.
President Cyril Ramaphosa
South African President Ramaphosa says outbreak will get worse
The president of South Africa has warned that the country's coronavirus outbreak is going to get much worse, while announcing that lockdown measures are to be eased.