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UPDATE 1-S.Africa's TCTA raises $1 bln for Lesotho water project

By Reuters Staff
(Adds quote, details)
CAPE TOWN, May 25 (Reuters) - South Africa’s Trans-Caledon Tunnel Authority (TCTA) has raised just over 15 billion rand ($1.09 billion) in capital markets to continue construction of the Lesotho Highlands water project, the minister of water and sanitation said on Tuesday.
The state-owned TCTA needed guarantees from the National Treasury before it could raise the private funding for the project which is designed to improve water access for millions of people in South Africa’s economic heartland in Gauteng province.
“So, we have the resources, we have the guarantees and now we can assure you that we will be hard at work to provide water security,” minister Lindiwe Sisulu told lawmakers. ....

South Africa , Jason Neely , Wendell Roelf , Mfuneko Toyana , Lindiwe Sisulu , Thomson Reuters Trust Principles , National Treasury , Trans Caledon Tunnel Authority , Lesotho Highlands , Thomson Reuters Trust , Tcta Lesotho Update 1 , Agricultural Markets , Commodities Markets , Debt Fixed Income Markets , Disasters Accidents , Emerging Market Countries , General News , Government Finances , Government Politics , Southern Africa , Top News , Reuters Top News , Utilities Trbc Level 2 , Water Amp Related Utilities Trbc Level 4 , Weather Markets , ஜேசன் நீலீ ,

S.Africa's water entity TCTA raises $1 bln for Lesotho project

Reuters | Cape Town | Updated: 25-05-2021 18:28 IST | Created: 25-05-2021 18:09 IST
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South Africa s state water entity TCTA has raised just over 15 billion rands ($1.09 billion) in capital markets to continue construction of the Lesotho Highlands water project, the minister of water and sanitation said on Tuesday.
The Trans-Caledon Tunnel Authority (TCTA) needed prior state guarantees from National Treasury before it could raise the private funding for a key project designed to improve water access to millions of people in South Africa s economic heartland in Gauteng province. ($1 = 13.8226 rand)
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South Africa , National Treasury , Lesotho Highlands , Trans Caledon Tunnel Authority , South Africa 39 S , Gauteng Province , தேசிய கருவூலம் , லெஸோதொ மலைப்பகுதி , டிரான்ஸ் காலெடோன் சுரங்கம் அதிகாரம் ,

S.Africa's water entity TCTA raises $1 billion for Lesotho project

S.Africa s TCTA raises $1 billion for Lesotho water project
Reuters
5 days ago
CAPE TOWN (Reuters) -South Africa s Trans-Caledon Tunnel Authority (TCTA) has raised just over 15 billion rand ($1.09 billion) in capital markets to continue construction of the Lesotho Highlands water project, the minister of water and sanitation said on Tuesday.
The state-owned TCTA needed guarantees from the National Treasury before it could raise the private funding for the project which is designed to improve water access for millions of people in South Africa s economic heartland in Gauteng province.
So, we have the resources, we have the guarantees and now we can assure you that we will be hard at work to provide water security, minister Lindiwe Sisulu told lawmakers. ....

South Africa , Wendell Roelf , Mfuneko Toyana , National Treasury , Lesotho Highlands , Trans Caledon Tunnel Authority , வெண்டெல் ரோவெல்ஃப் , தேசிய கருவூலம் , லெஸோதொ மலைப்பகுதி , டிரான்ஸ் காலெடோன் சுரங்கம் அதிகாரம் ,

UPDATE 1-S.Africa's TCTA raises $1 bln for Lesotho water project

UPDATE 1-S.Africa's TCTA raises $1 bln for Lesotho water project
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

South Africa , Jason Neely , Wendell Roelf , Mfuneko Toyana , Lindiwe Sisulu , Thomson Reuters Trust Principles , National Treasury , Trans Caledon Tunnel Authority , Lesotho Highlands , Thomson Reuters Trust , ஜேசன் நீலீ , வெண்டெல் ரோவெல்ஃப் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , தேசிய கருவூலம் , டிரான்ஸ் காலெடோன் சுரங்கம் அதிகாரம் , லெஸோதொ மலைப்பகுதி , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

Slight improvements in SOE audits are no reason to celebrate, new AG Tsakani Maluleke warns

Slight improvements in SOE audits are no reason to celebrate, new AG Tsakani Maluleke warns
news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.

Tsakani Maluleke , Passenger Rail Agency , Accident Fund , Nuclear Energy Corporation , Land Bank , Auditor General Tsakani Maluleke , General Tsakani Maluleke , Auditor General , Public Finance Management Act , Trans Caledon Tunnel Authority , Independent Development Trust , Post Office , Road Accident Fund , National Roads Agency , Property Management Trading Entity , எதிர்பாராத நிகழ்ச்சி நிதி , அணு ஆற்றல் நிறுவனம் , நில வங்கி , தணிக்கையாளர் ஜநரல் , பொது நிதி மேலாண்மை நாடகம் , டிரான்ஸ் காலெடோன் சுரங்கம் அதிகாரம் , சுயாதீனமான வளர்ச்சி நம்பிக்கை , போஸ்ட் அலுவலகம் , சாலை எதிர்பாராத நிகழ்ச்சி நிதி ,