Bongani Bingwa speaks to Trevor Manuel, former Finance Minister of South Africa, who has joined a global call to “turn debt into hope.” Alongside 30 top economists and global leaders, including Nobel Laureate Joseph Stiglitz, Manuel is urging the IMF and World Bank to rethink how they handle debt in poorer nations. African countries are spending an average of 17% of their revenue just on servicing external debt, leaving little for essential services like health, education, and infrastructure. The group warns that the current model is unsustainable and deepens inequality.
702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day
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