R/€ = 15.39Change: 0.16
R/$ = 13.75Change: 0.03
Au 1138.00 $/ozChange: 1.55
Pt 910.00 $/ozChange: 4.00
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?

And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
RSS Feed
Article   Comments   Other News   Research   Magazine  
Feb 23, 2011

Transport gets additional R10,3bn

CoAL|Eskom|rail|Road|Roads|Rolling Stock|rolling-stock|Systems|transport|Maintenance|Services|Systems|Infrastructure
CoAL|Eskom|rail|Road|Roads|Rolling Stock|rolling-stock|Systems|transport|Maintenance|Services|Systems|Infrastructure
coal|eskom|rail|road|roads|rolling-stock|rolling stock|systems-company|transport|maintenance|services|systems|infrastructure

The transport sector will receive an additional allocation of R10,3-billion over the next three years to improve infrastructure and services, Finance Minister Pravin Gordhan said on Wednesday.

Delivering his budget speech at Parliament, he said this would support efforts to improve national and provincial road maintenance, rail signalling and rolling stock, and public transport infrastructure.

The SA National Roads Agency would get an additional R2,7-billion.

Of this amount, R1,8-billion would be set aside for the maintenance of 2 156 km of roads used for hauling coal, and R950-million for maintenance of the national road network.

Gordhan said R1,5-billion had been provided, through the new provincial roads maintenance grant, for provincial road maintenance and weigh bridges.

"This grant totals R22,3-billion over the MTEF," he said.

An additional R2,1-billion had been set aside for the coal haulage network in the provinces.

Maintenance to the coal haulage road networks would be financed from the increased levy on electricity collected from Eskom, said Gordhan.

He said the Passenger Rail Agency of SA had been allocated an additional R1,1-billion to upgrade and replace 16% of Metrorail's signalling infrastructure.

Some R350-million has been set aside for the upgrade and refurbishment of 40 motor coaches and 277 trailers.

Twelve municipalities would receive an additional R2,7-billion through the public transport infrastructure and systems conditional grant.

This money would be used to plan, upgrade and expand the integrated public transport.

"The funding will allow bus rapid transport services to increase peak-hour passenger loads, from the current 30 000 to 110 000 in 2013/14."

Gordhan said consolidated government transport spending would total R66-billion next year, rising to R80-billion by 2013/14.

Edited by: Sapa
Comment Guidelines (150 word limit)
Other Public Transport News
New forms of mobility are needed to ensure the escalating cost of traffic congestion is brought to a halt, Johannesburg Mayor Parks Tau said on Thursday. "As it stands, the economic impact that results from congestion in the whole of South Africa is over R1-billion,...
SALDANHA BAY IDZ Excavations for the various civil engineering services are currently under way at the Western Cape-based IDZ
Construction is well under way at Saldanha Bay’s industrial development zone (IDZ), which is set to position the Western Cape as a rig repair hub, the Western Cape government announced last month. Western Cape Minister of Economic Opportunities Alan Winde says that...
A 30% drop in traffic on roads leading to Sandton, and into the business hub itself, during the EcoMobility Festival would be a success, the City of Johannesburg said on Tuesday. Lisa Seftel, executive transport director at the City of Johannesburg said traffic...
Article contains comments
Latest News
In the boom times when the price of gold was soaring, Ebenezer Sam-Onuawonto had a dream job and a dollar salary many times the national average in this mining town in southwestern Ghana. When the price fell, he lost his job as human resources chief at a mining...
Property developer Balwin Properties aims to raise between R713-million and R1.6-billion ahead of its listing on the real estate holding and development sector of the JSE on October 15. It would use the funds to settle existing debt facilities and fund future...
The information and communications technology (ICT) in education leg of Operation Phakisa has been launched to transform the basic education sector and leverage ICTs to strengthen teaching, learning and administration of the education system. The Operation Phakisa...
Recent Research Reports
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
This Week's Magazine
Energy analyst and EE Publishers MD Chris Yelland warned recently against excessive optimism regarding timescales for the proposed construction of new nuclear power plants (NPPs) in South Africa. He was speaking at a Nuclear Roundtable in Johannesburg. “I think we...
Malawi’s Lilongwe Water Board (LWB) is inviting eligible bidders to prequalify for the board’s efficiency improvement works, which will be implemented as part of the E24-million Lilongwe Water Resources Efficiency Programme.   LWB CEO Alfonso Chikuni explains that...
CROATIA, AN EU MEMBER BUT NOT A TDCA MEMBER On July 1, 2013, Croatia officially became the twenty-eighth member of the European Union (EU). Despite Croatia’s accession into the EU, it is yet to become party to the Trade, Development and Cooperation Agreement (TDCA)...
The Council for Scientific and Industrial Research (CSIR) has announced that its new Inundu airborne electronics testing, evaluation and training pod had made its first test flight on September 10. The successful flight was undertaken from Lanseria International...
The Development Bank of Southern Africa (DBSA) – which disbursed a record R13-billion during 2015, from R12.7-billion in the prior year – remained optimistic that it could ramp-up loan disbursements to R25-billion a year by 2018 as it sought to give greater emphasis...
Alert Close
Embed Code Close
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96