Nedbank finances Limpopo water project

Nedbank has closed a ZAR4.5 billion ($247 million) term loan facility to the Trans-Caledon Tunnel Authority (TCTA). State-owned TCTA will use the funding for the Mokolo-Crocodile River Water Augmentation Project Phase 2A (MCWAP-2A) project to address severe water shortages that hamper...