• Rich man, poor man

    Culture change from below is the only way to overcome poverty, says Leopold Scholtz.

  • Tech bubble talk

    After the tech euphoria of 2013, the fast-moving sector has hit a speed bump.

  • Money creation made easy

    Changing the money creation system may be simpler than we think, says Edward Ingram.

Data provided by McGregor BFA
All data is delayed
Loading...
See More

Sanral raises R300m in bond auction

Jul 06 2011 14:28 Sapa

Related Articles

Sanral: R350m upgrade to prevent delays

Gauteng toll roads may cost R14bn

Cosatu threatens toll protests

Union to protest against tolls

Sanral denies R14bn toll road pricetag

Business warns on cost of tolls

 

Johannesburg - The SA National Roads Agency Limited (Sanral) raised R300m during July in its fourth bond auction of 2011, the agency said on Wednesday.

"A total of R1700 million has been raised in the monthly auctions this year," spokesperson Inge Mulder said in a statement.

She said the funds had helped in the implementation of major road infrastructure development projects around the country such as the R30 Bloemfontein to Kroonstad and the N17 Springs to Ermelo projects.

Other road maintenance projects funded this year included the Tsitsikamma, N1 north to Beitbridge, N1 south to Bloemfontein, N3 Pietermaritzburg to Durban, and the N2 north and south coast projects.

Sanral thanked its investors for their continued support of the agency's capital raising initiative.

"The agency is committed to using these funds wisely and effectively for the development and execution of national road infrastructure projects around the country to the benefit of South Africa's economy and its citizens," Mulder said.

 
sanral  |  roads
NEXT ON FIN24X

Rich man, poor man

2014-04-24 07:28

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

Cope loses members to ANC

President of the Cope Youth Movement, Abel Rangata, and three other Cope members have resigned from the party to join the ANC.

 
 

Latest elections multimedia

11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille
The EFF's ad was banned, see why
Why Jack Parow wants you to vote on 7 May

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...