BUDGET SPEECH - In conversation with Deputy Finance Minister David Masondo.
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Deputy finance minister David Masondo’s concerns regarding the lack of progress in unlocking private sector involvement and investment in railways should be heeded ("Think again on time frame for private access to railways, says Masondo”, October 23).
Speaking to Business Day at the Kgalema Motlanthe Foundation inclusive growth forum, Masondo said: “The main concern has been the private actors saying the timeline for us to operate on rail has been too short. Two years is not enough if you were to invest in locomotives... so it’s something that we are going to be looking at.”
Speaking to Business Day at the Kgalema Motlanthe Foundation inclusive growth forum, Masondo said: “The main concern has been the private actors saying the timeline for us to operate on rail has been too short. Two years is not enough if you were to invest in locomotives... so it’s something that we are going to be looking at.”
