{"id":8146,"date":"2012-02-20T14:20:01","date_gmt":"2012-02-20T12:20:01","guid":{"rendered":"http:\/\/www.myza.co.za\/02\/transnet-to-borrow-12-9-bln-to-pay-for-new-capex\/"},"modified":"2012-02-20T14:20:01","modified_gmt":"2012-02-20T12:20:01","slug":"transnet-to-borrow-12-9-bln-to-pay-for-new-capex","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/transnet-to-borrow-12-9-bln-to-pay-for-new-capex\/","title":{"rendered":"Transnet to borrow $12.9 bln to pay for new capex"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG<\/span> Feb 20 (Reuters) &#8211; South African<br \/>\nlogistics group Transnet will have to borrow 100<br \/>\nbillion rand ($12.93 billion) over the next seven years to pay<br \/>\nfor an accelerated 300 billion rand capital investment<br \/>\nprogramme, its chief executive said on Monday.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Transnet, which moves commodities such as coal, iron ore and<br \/>\nfuel, plans to nearly triple its capital expenditure from an<br \/>\ninitial planned spent of around 110 billion rand to build and<br \/>\nexpand infrastructure in Africa&#8217;s biggest economy.<br \/>\n($1 = 7.7360 South African rand)\t<\/p>\n<p> (Reporting by Agnieszka Flak)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JOHANNESBURG Feb 20 (Reuters) &#8211; South African logistics group Transnet will have to borrow 100 billion rand ($12.93 billion) over the next seven years to pay for an accelerated 300 billion rand capital investment programme, its chief executive said on Monday. Transnet, which moves commodities such as coal, iron ore and fuel, plans to nearly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8146","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8146"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8146\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}