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May 20th, 2011
South Africa Rail Needs R97bn Investment

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South Africa’s rail network needs investment of R97-billion to radically change the way South Africa travels, Transport Minister Sibusiso Ndebele said. “Let us be clear, the coffers of the state are not sufficient to fund such a large programme. Therefore, a significant and sustained commitment from local and international financiers will be required to complete the rolling stock renewal programme,” he said.  Read More