Development bank of south africa
Treasury, DBSA, Infrastructure SA sign MoA to manage R100bn infrastructure fund
This is intended to facilitate blended financing from government, the private sector and international financing institutions.
SAA is fighting for its survival after it entered a form of bankruptcy protection in December and cancelled some flights because of cash shortages.
A significant number of parastatal's audits were not completed by the end of September cut-off date because they were still struggling to prove they are going concerns.
The power utility announced on Thursday night that it had placed Singh on special leave pending the outcome of the investigation.
Futuregrowth has agreed to lift the suspension on lending with immediate effect subject to agreed improvements.
The funds will help support infrastructure development including regional oil and gas pipelines.
MEC Alan Winde has approached the Development Bank to assist with skill programme funding.