SANRAL gets R5.7bn injection

    432
    9

    The Transport Department has transferred R5.7 billion in its medium-term budget appropriation to the toll road network of the South African National Roads Agency (SANRAL).

    The transfer is a strategic intervention by the department to deal with the non-payment by Gauteng road users of the Gauteng Freeway Improvement Project (GFIP).

    “As a result of SANRAL’s toll network experiencing financial difficulties and to ensure that SANRAL complies with its payment terms to investors, as well as to maintain the toll network across the country, funds were transferred from the non-toll network to the toll network,” Transport Minister Dr Blade Nzimande said.

    He said because no additional funding could be sourced from National Treasury to cover the GFIP shortfall, the department had to reprioritise its mid-term spending, while government is consulting all affected stakeholders on the permanent GFIP financing model.

    “However, the Department of Transport is working hard to ensure that this matter of GFIP is resolved speedily,” the Minister said.

    9 COMMENTS

    1. Hi there! I realize this is kind of off-topic but I
      had to ask. Does operating a well-established blog such
      as yours take a large amount of work? I’m completely new to operating
      a blog however I do write in my diary daily. I’d like to start a blog so
      I can easily share my experience and thoughts online.
      Please let me know if you have any recommendations or
      tips for new aspiring bloggers. Thankyou!

    2. Thanks for your marvelous posting! I actually enjoyed reading
      it, you could be a great author.I will make sure
      to bookmark your blog and will often come back from now on. I want to encourage you to continue your great posts, have a nice morning!

    3. Коммерческое предложение
      Приглашаем Ваше предприятие к взаимовыгодному сотрудничеству в сфере производства и поставок тугоплавких металлов и изделий из них.
      Основные направления деятельности нашего предприятия:
      – продажа тугоплавких металлов (молибдена, вольфрама, никеля, тантала, ниобия, титана, циркония);
      – поставка порошков, концентратов, катализаторов, карбидов и оксидов на основе тугоплавких металлов;
      – поставка изделий производственно-технического назначения (пруток, лист, проволока, сетка, тигли, квадрат, экран, нагреватель, штабик, фольга, контакты, втулка, опора, поддоны, затравкодержатели, формообразователи, диски, провод, обруч, электрод, детали, пластина, полоса, рифлёная пластина, лодочка, блины, бруски, чаши, диски, труба) из тугоплавких металлов. Любые типоразмеры, изготовление по чертежам и спецификациям заказчика:
      – поставка изделий из сплавов:
      enicrmo-19

    4. Normally I do not learn post on blogs, however I wish to say that this write-up
      very compelled me to check out and do so! Your writing style has been surprised me.

      Thank you, very nice article.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here