South African National Road Agency SOC Ltd. bond yields have fallen to record lows after a government pledge to back the debt, avoiding a possible default. The yield on the rand debt due in 2020 dropped 54 basis points to 7.69 percent in the past...
Bombardier Transportation, a global leader in rail technology, has announced the restructuring of its South African subsidiary company, Bombardier Transportation South Africa (BTSA). Alan Flint, chairman of BTSA, explained that a special purpose...
If the SA National Roads Agency Limited (SANRAL) could not pay its debt due to opposition to e-tolls for the Gauteng Freeway Improvement Project, borrowing by other parastatals could be jeopardised, Transnet chief executive Brian Molefe cautioned...
Government and the Opposition to Urban Tolling Alliance (OUTA) will continue consultations on the Gauteng Freeway Improvement Project (GFIP) with a view to finding a solution, the parties said in a joint statement on Thursday. Deputy President...
