Reaction to SA's R11.4bn loan - state's 'poor' spending track record in the spotlight
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South Africa's government has a putrid record of spending money wisely. Dr Lumkile Mondi from the Wits School of Economics and Finance is cautiously optimistic the R11.4bn World Bank loan will be prudently allocated, but warns the vultures must be kept at bay if the loan is to have any impact. Learn more about your ad choices. Visit megaphone.fm/adchoices
