THE state-owned Special Risks Insurance Association (SASRIA) is to pay the government a special dividend of R3bn to retire government debt. The bulk of the money will be used to retire debt during fiscal 2001/02 – a year in which the government has pledged to repay about R7.5bn of its debt. SASRIA was set up by the government before the end of apartheid to cover insurance risks which companies would not take on, such as damage resulting from bomb blasts. – Reuters
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