SA powerline rollout to spur bond market revival
The Citizen|October 14, 2024
A multibillion-dollar plan to expand South Africa's electricity transmission network may throw a lifeline to the country's corporate bond market as it struggles to recover from a post-pandemic slump.

The National Transmission Company SA (NTCSA), a state-owned business that will operate separately from parent Eskom, said this week it plans to spend R112 billion on transmission capacity over the next five years.

The NTCSA - which started up last Monday - said it's considering building infrastructure itself or paying for developers to construct transmission lines and then taking them over, as well as "independent transmission projects" that may involve issuing concessions to private companies.

هذه القصة مأخوذة من طبعة October 14, 2024 من The Citizen.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 14, 2024 من The Citizen.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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