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...
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...
We are constantly confronted with the news that civil engineering is one of the priority scarce skills that South Africa needs to ensure the creation, maintenance and development of infrastructure that would lead to social and economic growth....
