This follows the R47 billion guarantee Transnet received in 2023. The government has approved a R51 billion guarantee facility for embattled Transnet. This guarantee facility is effective immediately in support of Transnet’s capital investment programme and to enable it to meet its debt obligations. This follows a R47 billion guarantee the state-owned enterprise (SOE) received in 2023, which aimed to support the entity in meeting its debt obligations. However, less than two years later, Moody’s Ratings Agency said Transnet might run out of money in less than three months. For how long will the R51 billion last before the entity runs out of money? ALSO READ: Transnet could run out of funds within three months — will the government step in to rescue? The reason to support Transnet In
Tag Archives: GovernmentSupport
![Nyeri Catholic Archbishop Anthony Muheria during the launch of the newly refurbished outpatient department and maternity theater at Consolata Mathari Hospital, where he urged the government to disburse funds owed to faith-based hospitals under the defunct NHIF and SHA. Muheria highlighted that delayed reimbursements, totalling Sh250 million for Consolata Mathari Hospital alone and sh2.5 billion nationwide to catholic faith based hospitals, have severely impacted healthcare service delivery.[ Amos Kiarie]](https://i2.wp.com/cdn.standardmedia.co.ke/images/wysiwyg/images/QuBGQ1ukM65SVVBrvdVQAaB15zp3lHR3Oe8Yj1kp.jpg?w=1000&resize=1000,500)
Mar
Nyeri Catholic Archbishop Anthony Muheria during the launch of the newly refurbished outpatient department and maternity theater at Consolata Mathari Hospital, where he urged the government to disburse funds owed to faith-based hospitals under the defunct NHIF and SHA. Muheria highlighted that delayed reimbursements, totalling Sh250 million for Consolata Mathari Hospital alone and sh2.5 billion nationwide to catholic faith based hospitals, have severely impacted healthcare service delivery.[ Amos Kiarie] Nyeri Catholic Archbishop Anthony Muheria has made an urgent appeal to the government to disburse funds owed to hospitals under the now-defunct National Health Insurance Fund (NHIF) and its successor, the Social Health Authority (SHA). Speaking at Consolata Mathari Hospital during the opening of a newly refurbished outpatient department and maternity theater, Archbishop Muheria expressed concern over delayed reimbursements, which he