Streaming issues? Report here
702 logo Gradients 702 logo Gradients
Best of 702
00:00 - 06:00
volume_up
volume_mute

Up Next: Weekend Breakfast with Refiloe Mpakanyane
See full line-up
Best of 702
00:00 - 06:00

Home
arrow_forward
Business

R9 billion earmarked for Western Cape's rail upgrade

10 October 2017 10:16 AM
Tags:
PRASA
Cape Metrorail
Transport Minister Joe Maswanganyi
Prasa CEO Lindikhaya Zide breaks down how the R9 billion allocated by Transport Dept will be used in the Western Cape.

Transport Minister Joe Maswinganyi announced that R9 billion will be made available for upgrading the Western Cape's rail system.

Prasa CEO, Lindikhaya Zide speaks to CapeTalk's Kieno Kammies about some of the upgrades to be added to the Western Cape's rail service.

He says the first project will be the network's re-signaling program, a 5-year project which is currently in its third year, costing R2 billion.

We are also going to commence with the modernising of the Salt River depot and we are going to spend about R2 billion.

Lindikhaya Zide, acting CEO of PRASA

We are going to work with the City and the province to ensure we develop a link to Cape Town airport and that will be in a tune of about R2.8 billion.

Lindikhaya Zide, acting CEO of PRASA

We have a new stock of 35 trains that will be delivered in the Western Cape in 2019 and that will cost around R3 billion...

Lindikhaya Zide, acting CEO of PRASA

To hear more of this interview, listen below:


This article first appeared on CapeTalk : R9 billion earmarked for Western Cape's rail upgrade


10 October 2017 10:16 AM
Tags:
PRASA
Cape Metrorail
Transport Minister Joe Maswanganyi

More from Business

101167622-1759886180818799-401925019539603456-njpg

This Pretoria restaurant is giving new flair to the roadhouse concept to survive

4 June 2020 8:16 PM

Anelda Martin is the owner of the Goddess Cafe in Pretoria and she is looking to revive the roadhouse.

Share this:
Read More arrow_forward

missionjpg

Oceana Group defers interim dividend payout due to Covid-19

4 June 2020 7:26 PM

Oceana fishing has deferred their interim dividend payout due to Covid19, but says all is well.

Share this:
Read More arrow_forward

180417-psl-relegationedjpg

The reasons why Absa is ending PSL sponsorship

4 June 2020 6:46 PM

Absa is ending its R140m a season sponsorship of SA’s Premier Soccer League (PSL), after a 13-year relationship.

Share this:
Read More arrow_forward

US President Donald Trump in New York 2017 123rfpolitics 123rf

Trump is battered by crisis after crisis ahead of elections - is this the end?

4 June 2020 6:37 PM

Covid-19 and race riots - is President Donald Trump's re-election campaign collapsing?

Share this:
Read More arrow_forward

8a258830-d0ff-49c1-8a4e-f9475828040c.jpg

'Government should look at aiding the entire aviation industry'

4 June 2020 5:11 PM

Airlines Association of Southern Africa chief executive Chris Zweigenthal says the airline revenue went to zero overnight.

Share this:
Read More arrow_forward

151007BrianHabana-gif.gif

Shapeshifter: Springbok-turned-businessman, Bryan Habana

3 June 2020 8:18 PM

Former Springbok Bryan Habana about where he is at this point of his career.

Share this:
Read More arrow_forward

download-20jpg

Skynamo is positioning its sales solution to help reps work safely in the field

3 June 2020 7:18 PM

Skynamo is a Field Sales management and productivity app used by manufacturers, distributors and wholesalers.

Share this:
Read More arrow_forward

123rf A pile of two hundred rand notes, South African currency money

How long before everyone has access to financial services

3 June 2020 7:15 PM

Only 54% of South Africans had a bank account in 2004, the goal is to make that 90% by 2030, where are we now.

Share this:
Read More arrow_forward

Lockdown levels South Africa Covid-19 coronavirus 123rf

Government has two weeks to overhaul lockdown regulations

3 June 2020 6:42 PM

Government has two weeks to overhaul lockdown regulations they say were put in place to curb the spread of the coronavirus, or win an appeal.

Share this:
Read More arrow_forward

vertical-logopng

University of Pretoria launches free National Support Portal for SMMEs

2 June 2020 7:45 PM

The University of Pretoria's Centre for Entrepreneurship has launched a free National Support Portal for SMMEs.

Share this:
Read More arrow_forward