TCTA secures R15bn to continue building Lesotho Highlands water project
TCTA needed guarantees from the Treasury before it could raise the private funding for the project, minister Lindiwe Sisulu said
25 May 2021 - 18:06
The Trans-Caledon Tunnel Authority (TCTA) has raised just more than R15bn in capital markets to continue construction of the Lesotho Highlands water project, the minister of water and sanitation said on Tuesday.
The state-owned TCTA needed guarantees from the Treasury before it could raise the private funding for the project, which is designed to improve water access for millions of people in Gauteng...
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