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SPONSORED | Join the dialogue on July 1, hosted by Gautrain Management Agency and The Character Company, where experts will discuss how organisations are changing the trajectory of gender-based violence in SA ....
MONEYWEB app instead? M&R receives R285m Gautrain business disruption insurance payout Groupâs investment in concession company and the fair value adjustments it does on the investment are âvery much linked to ridershipâ â which has plummeted. 00:01 Open: Passenger numbers plunged from 55 000 a day pre-Covid-19 to as low as 6 000 last year, rising to around 13 000 currently. Image: Nadine Hutton/Bloomberg JSE-listed multinational engineering and construction group Murray & Roberts (M&R) has successfully finalised a Gautrain business disruption insurance claim and received R285 million because of the low ridership levels on the Gautrain caused by the Covid-19 lockdown. M&R CEO Henry Laas said the proceeds from the claim were used to repay some of the high-interest debt in the Bombela Concession Company (BCC). ....