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In conversation with Minister Barbara Creecy on positive progress on transport sector turnaround
Manage episode 493320866 series 2579885
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South Africa’s transport sector is making notable progress in its turnaround efforts, supported by significant financial investments and structural reforms. The country has secured major funding, including a $1.5 billion World Bank loan and a $475 million African Development Bank loan, aimed at upgrading rail infrastructure, modernizing ports, and improving energy integration within transport systems. Additionally, the government approved a R51 billion guarantee to support Transnet’s recovery and expansion. Mbuyiseni Ndlozi is in conversation with Transport Minister, Barbara Creecy.
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