South Africa: R1.6 Billion Loan to Help Tshwane Tackle Infrastructure Backlogs

The Development Bank of Southern Africa (DBSA) and the City of Tshwane on Thursday signed a R1.6-billion long-term loan facility to support the city's capital expenditure programme.

The loan will help the metro municipality - which includes South Africa's capital city, Pretoria - to tackle backlogs in water, sanitation, roads, electricity and housing-related infrastructure, as well as support its growth and development initiatives.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.