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Mining industry to benefit from NDP: Gordhan

Johannesburg – Finance Minister Pravin Gordhan says the government is, through the National Development Plan (NDP), doing all it can to mitigate challenges that hamper growth in the mining sector.

Motsoaledi to launch Border Management Authority programme at Beit-Bridge - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events Africa s news leader

Gautrain: Purchase of more rolling stock put on hold

MONEYWEB app instead? But planning for multi-billion-rand network extension continues. 00:01  Overcrowding is not such an issue right now – the pandemic has seen demand plummet. Image: Shutterstock The Gautrain Management Agency (GMA) has placed on hold until further notice the planned investment of R2 billion in procuring additional rolling stock and a depot enhancement project. This decision was taken because of the massive slump in passenger demand on the high-speed train caused by the Covid-19 pandemic and lockdowns. Figures released by the GMA to Moneyweb on Wednesday show that passenger demand on the Gautrain slumped by almost 80% in January 2021 to a total of just 213 953 passenger trips – down from 1 069 235 in January 2020 and 1 062 462 in January 2019.

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