SA Migration International

News Articles

SA named best country for debt issuance in SSA

Source: SA named best country for debt issuance in SSA, 09/10/2016

Johannesburg - Emerging Markets Newspaper, an affiliate of the
IMF/World Bank Annual Meetings, named South Africa the Best country
for Debt management/Sovereign Bond Issuance in Sub-Saharan
Africa.

This comes after the World Bank also recently acknowledged SA's
excellence in debt dynamics/composition.

Speaking after receiving the award in Washington on Saturday night,
Anthony Julies, Deputy Director General – Assets and Liability
Management at National Treasury, said the endorsement of South Africa
by Emerging Markets Newspaper is a testament to the success the
country continues to enjoy in global capital markets.

A deep capital market system, credible judiciary and strong banking
system in South Africa continue to be the key attractions which give
investors much needed confidence, said Julies.

He said this is partly the results of the regular engagements that
investors have with senior policy-makers which ensure that there is
constant communication on key policy issues which are pertinent to
investors.

"The country is not only recognised for the 'quality' of the deal
(price and duration) but also the National Treasury professionalism in
debt management operations (operational, and sustainable composition
of the sovereign debt portfolio), a continuance of its debt management
commitment given challenging political and economic environment
globally and domestically," Treasury said in a statement on
Sunday.

It said debt sustainability remains one of the key principles of
government`s approach to fiscal management.

"Events of this nature keep SA in the limelight given the ongoing
funding programme of government domestic and international markets,"
said Julies.

Search

Latest News

... Read more...
... Read more...
... Read more...
... Read more...

If you are visiting SA or already here on a visa, take this as a public-interest warning. In 2025, a quiet, but sharp, shift has taken hold inside parts of home affairs adjudication ranks: applications are being refused almost mechanically if they were not submitted at least 60 days before visa expiry.A wave of refusals repeating near-identical wording:The applicant did not submit his/her application no less than 60 days prior to the expiry date of his/her.

The rigid application of this rule, devoid of consideration for mitigating circumstances, raises serious concerns about the fairness and legality of such administrative decisions.

... Read more...

... Read more...
... Read more...
... Read more...
... Read more...
... Read more...