e-toll bail out

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  Government Considering Special Appropriations Bill To Bail Sanral Out

  31 May 2012 by Jasmine Stone / No Comments

  As Bloomberg pointed out the other day, South Africa’s credit rating may come under pressure as growth in Africa’s biggest economy slows and the government faces the prospect of bailing out the state-owned road agency. That prospect became more of a reality today when deputy president Kgalema Motlanthe said government is looking into a special appropriations bill to give Sanral a cash injection to allow it to service its R20 billion debt.

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