South Africa’s ten-year government bond yield has reached a seven-year low, lowering the nation’s debt costs.
Lower government bond yields reduce the government’s debt servicing costs, which helps the government reduce its overall debt burden and free up funds for other expenditures, such as services.
Investec Chief Economist Annabel Bishop noted that South Africa’s benchmark government bond yield has fallen below 8.5% for over a month, reaching 8.36% recently.
Domestic yields have seen a massive strengthening over the last…
Local Government: The country is divided into municipalities, each governed by
elected councils responsible for local governance.

Lady In Red
Fun South African Fact: The Bloukrans Bridge, Western Cape, is the highest commercial natural bungee jump in the world.
German Coach
Fun South African Fact: South Africa is the only country in the world to build and then decide to dismantle the whole of its nuclear weapons program.