Standard Bank finances R9 billion Gautrain upgrade programme
Bank-guaranteed debt supports a fifteen-year concession that provides for eight new trainsets and the refurbishment of 24 existing trains.
English coverage and data for Standard Bank Group.
Bank-guaranteed debt supports a fifteen-year concession that provides for eight new trainsets and the refurbishment of 24 existing trains.
The investment is due to be made at the time of the fintech's stock market listing, subject to the transaction and regulatory approvals.