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News24 | Tony Leon | Budget battles and the bond market: The true cost of political posturing

News24 Wednesday, 19 February 2025 ()
News24 | Tony Leon | Budget battles and the bond market: The true cost of political posturingWhile South Africa is a sovereign state, its independence is curtailed by the brutal reality of the markets it needs to access to keep the ship of state afloat when that same state needs the bond market to finance it to the tune of around R1 billion per day, writes Tony Leon.
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