Streaming issues? Report here
Kieno Kammies 2019 1500 BW Kieno Kammies 2019 1500 BW
Today with Kieno Kammies
09:00 - 12:00
volume_up
volume_mute

Up Next: The Midday Report
See full line-up
Today with Kieno Kammies
09:00 - 12:00
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:


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

Recommended

More from Business

Maize mealie grain farmer harvest agriculture 123rfbusiness 123rf

South Africa’s farms are producing near-record amounts of food right now

2 July 2020 11:29 AM

So, far it’s been a good season for South Africa, says Tonie Fuchs (Managing Director at Capespan Group Limited).

Share this:
Read More arrow_forward

160622Stickman-gif.gif

ZOOM: Shapeshifter - SA animation company Triggerfish now in Ireland

1 July 2020 10:23 PM

CEO says Stuart Forrest says Ireland is where the animation industry is booming and they have been doing a lot of work there.

Share this:
Read More arrow_forward

Cars-For Sale-Automotive-Industry-Dealership-Vehicles-service-wheels-123rf

ZOOM: Market Commentary

1 July 2020 9:18 PM

Chris Steward, portfolio manager at Ninety One, says the PMI number in particular is looking a little better.

Share this:
Read More arrow_forward

Kauai strawberry smoothie

Real Foods' Kauai is not chicken about expansion

1 July 2020 8:42 PM

Real Foods CEO Dean Kowarski says they have seen a lot of opportunities since the relaxation of regulations.

Share this:
Read More arrow_forward

sugar-cane-tongaatjpg

Tongaat Hulett fined R7.5-million for publishing false financial results

1 July 2020 7:55 PM

Financial Mail editor Rob Rose says it seems like the JSE felt like it had to do something and made this token sanction.

Share this:
Read More arrow_forward

medicine pills drugs

Drug profits - a necessary evil or something that needs to change

1 July 2020 7:15 PM

Using profit to solve health issues does not work in a pandemic, perhaps at all.

Share this:
Read More arrow_forward

hyundai i20

Best 2nd-hand cars below R80 000 – actual examples you can buy, right now

1 July 2020 3:05 PM

"The car that stood out the most was a 2014 Hyundai i20 with just 67 000 on the clock," says motoring journalist Ciro de Siena.

Share this:
Read More arrow_forward

grandwest-casion-reopensjpg

[WATCH] 'Endless line of cars' queue ahead of GrandWest Casino’s reopening

1 July 2020 12:55 PM

In scenes reminiscent of the day alcohol sales were unbanned – you’ve got to see it – gamblers queued to try their luck.

Share this:
Read More arrow_forward

wings-order-kasijpg

Food delivery app 'Order Kasi' caters to township communities

1 July 2020 12:55 PM

Entrepreneur Leon Qwabe founded Order Kasi after noticing that popular food delivery services don't serve township communities.

Share this:
Read More arrow_forward

151125IllegalElectricity07.jpg

Murder, kidnapping, stoning... Eskom staff risk lives to cut illegal connections

1 July 2020 9:33 AM

"Criminal thugs" from communities where people steal electricity are kidnapping and murdering staff, says Sikonathi Mantshantsha.

Share this:
Read More arrow_forward