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South Africa to get around $790 million in loans from BRICS Bank

Over half the amount will go power company Escom, battling for survival after a decade of steep financial declineAround $480 million of the new funding was for Eskom's Medupi power plant project in north of South Africa

1 min read1 Apr 2019

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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