South Africa prepares infrastructure bonds
Issue 349 - 30 Jun 2017
Progress is being made in the development of bonds for infrastructure projects in South Africa, Johannesburg Stock Exchange (JSE)’s Akshan Sewkuran has told African Energy. The aim of the bonds, which have been under development since discussions began between the World Bank, the JSE and the National Treasury in late 2015, is to use funds from institutional investors such as pension funds and insurance companies to plug the gap in infrastructure investment in the country.
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