South Africa Wants a Private Partner to Boost Retail Bond Sales

National Treasury Director-General Duncan Pieterse

Photographer: Dwayne Senior/Bloomberg

South Africa is seeking private sector partners to ramp up its sale of government bonds to the retail market, potentially widening its investor base and lowering the cost of borrowing.

“There’s a big opportunity,” National Treasury Director-General Duncan Pieterse told Bloomberg in an interview at its Johannesburg offices on Monday.