The World Bank has approved a R7.5-billion low-interest loan to fund vaccine purchases. The latest approval follows a loan of R11.5-billion granted in January for economic recovery.
Treasury says this is part of government efforts to reduce debt service costs by using cheaper funding sources.
Just over 50 percent of adults and 30 percent of 12 to 17-year-olds have been vaccinated.
The World Bank has approved a R7.5-billion low-interest loan to fund vaccine purchases. The latest approval follows a loan of R11.5-billion granted in January for economic recovery. #DStv403 pic.twitter.com/WUe32tcYVL
— eNCA (@eNCA) June 14, 2022
Source: eNCA
In other news – Chad Da Don celebrates Gwamba’s new car – Photo
South African singer, Chad Da Don has taken to his social media to celebrate with Rapper Gwamba who recently purchased a new ride.
The Malawian rapper took to his Twitter to share the news. Learn more