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What's in City Press Business: State eyes Prasa cash to boost Sanral; Sugar industry's bitter crisis

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City Press Business, 7 July 2019.
City Press Business, 7 July 2019.

Here are some of the headlines in your City Press Business section today:

State eyes Prasa cash to boost Sanral

The government is choosing to reallocate funds from rail services in desperate need of improvement, used by poor urban commuters, to roads that are used mainly by middle class people as well as truck and taxi drivers.

Mazwai sick of Rebosis blame

Former CEO and board member of Rebosis Property Fund expressed exasperation this week at the blame game he feels the company is playing.

Sugar industry in grip of a bitter crisis

The country’s R14 billion sugarcane industry is in the grip of crisis and its emerging black farmers, thousands of workers and communities dependent on the sector are feeling the squeeze.

Masondo: Tough times may impact decision on Reserve Bank

The difficult state of government finances could have an impact on the debate around whether the SA Reserve Bank should stay private or be nationalised.

PE wants cruise ships cash

Nelson Mandela Bay metropolitan municipality is considering growing its earnings from the seasonal traffic of cruise liners by planning a major face-lift to the harbour of Port Elizabeth.

For more on these and other stories, get your copy of City Press today.

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