South Africa's debt service costs stood at 907.9 million rand($58 million) at the end of March, higher than previously projected, Treasury Director-General Lungisa Fuzile said on Tuesday.
Debt service costs higher than projected: Treasury
"The main reasons for the over payment are higher interest on bonds than expected...," said a government official.
South Africa's President Jacob Zuma answers questions at Parliament in Cape Town, March 17, 2016.
"The main reasons for the over payment are higher interest on bonds than expected ... (and) higher interest on Treasury bills," Fuzile said in a presentation to parliament's finance committee.
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