SARB's 100 years of fortitude
27 June 2021 - 05:01
On the wall of his study in a Pretoria suburb, former Reserve Bank governor Chris Stals has a photograph of the men and women of the debt standstill committee of 1985/1986. This was the committee tasked with rescheduling foreign debt repayments after SA went into default in 1985, as apartheid-era financial sanctions began to bite...
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