Uncategorized | Infrastructure news - Part 101

Uncategorized

Increased toll tariffs on the N4

Tariff on the N4 Toll Route between Tshwane, Gauteng and the Lebombo Border Post, Mpumalanga are to increase by 5,8%. The toll adjustments are applicable to all toll plazas on the N4 East, managed by Trans African Concessions (TRAC), and will apply...

Upgrading Mozambican rail network

US$840.3 million dollars is to be invested by 2016 in three new railways in southern Mozambique to accommodate the anticipated increased amount of ore exports through the Port of Maputo. Sancho Quipiço Júnior, chief executive of Mozambican port and...
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New payment system eases cross border trade

Following the launch of a new payment system, trade between Kenya, Uganda and Tanzania is expected to improve significantly. The East Africa Payment System (EAPS) will interconnect the three East African economies and enhance efficiency in trading....