{"id":10130,"date":"2012-04-20T16:21:48","date_gmt":"2012-04-20T14:21:48","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/s-africas-idc-says-in-loan-talks-with-china\/"},"modified":"2012-04-20T16:21:48","modified_gmt":"2012-04-20T14:21:48","slug":"s-africas-idc-says-in-loan-talks-with-china","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africas-idc-says-in-loan-talks-with-china\/","title":{"rendered":"S.Africa&#8217;s IDC says in loan talks with China"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, April 20<\/span> (Reuters) &#8211; South Africa&#8217;s Industrial<br \/>\nDevelopment Corporation (IDC) is in talks with China for a loan<br \/>\nto invest in sectors such as infrastructure development and<br \/>\nhealth, chief executive     Geoffrey Qhena said on Friday.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Qhena also told Reuters on the sidelines of a conference on<br \/>\ninfrastructure development that the IDC, a state investment<br \/>\nagency, had arranged another loan with the Public Investment<br \/>\nCorporation (PIC), the government workers&#8217; pension fund.<\/p>\n<p><span><\/span><\/p>\n<p>The IDC aims to invest more than 100 billion rand ($12.75<br \/>\nbillion) over the next five years, mainly in state-owned<br \/>\nutilities such as Eskom and Transnet, Qhena said.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We&#8217;ve concluded with the PIC a facility,&#8221; Qhena said,<br \/>\ndeclining to reveal the amount. &#8220;We are also concluding<br \/>\nsomething with China, which we will announce in due course.&#8221;<br \/>\n($1 = 7.8426 South African rand)\t<\/p>\n<p> (Reporting by Helen Nyambura-Mwaura; Editing by Ed Cropley)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JOHANNESBURG, April 20 (Reuters) &#8211; South Africa&#8217;s Industrial Development Corporation (IDC) is in talks with China for a loan to invest in sectors such as infrastructure development and health, chief executive Geoffrey Qhena said on Friday. Qhena also told Reuters on the sidelines of a conference on infrastructure development that the IDC, a state investment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10130","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10130"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10130\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}