OVER IMPORTING
. • SOUTH AFRICA'S POSITION | : (Received 12th Juue, lO.Ij a.m..) | CAPE TOWX, 10th June. I' The Governor of the Reserve Bank, in his annual report, said the reason why ! comparatively dear money obtained iv | South Africa was the dearth of credit I throughout the Union. i South Africa .had been borrowing too much from the banks, and had spent it on imports when the values of its primary products had had a setback. But South Africa was better fitted at present to stand the shock than any other country, owing to its gold production.'
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Bibliographic details
Evening Post, Volume CIX, Issue 136, 12 June 1930, Page 16
Word Count
94OVER IMPORTING Evening Post, Volume CIX, Issue 136, 12 June 1930, Page 16
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