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World Bank comments on cost of free education in SA

As it releases an economic update on the country.

The World Bank launched its 12th SA economic update on Tuesday in Johannesburg. It sees South Africa’s gross domestic product growing by 1.3% this year, an improvement from a forecast of 0.9% for 2018. The bank also of the view that Eskom is too big fail and that government has little option but to restructure its debt. On funding higher education, the bank says SA cannot afford free higher education

Marek Hanusch, World Bank senior economist for South Africa and co-author of the report, speaks to Classic Business Breakfast with Moneyweb about the findings. 

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The World bank works by normally accepted Standards . The ANC have their own set of Rules which dont apply in most of the world. Anything can be funded whilst there is still money to be looted !

and to promise free everything to the masses to get votes to stay in power to loot more.

The only good thing the world bank has done is to fund USA war. The crap the talk about is invalid. The USA has its house in such a mess how do we then believe what comes out of the world bank..

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