Who owns Bombela?
Bombela Electrical and Mechanical (PTY) LTD SPG owns 10% of Bombela E&M (PTY) LTD with Canadian-based Bombardier being the majority shareholder. Ninety percent of the company’s equity is held by Bombardier.
What is the Bombela operating company?
About us. Bombela Operating Company (Pty) Ltd was awarded the African Transport Operator of the Year Award in 2017. We pride ourselves in operating and maintaining the first high-speed train in Africa.
Who is the owner of Gautrain?
Gautrain
| Bombardier Electrostar at O.R. Tambo International Airport | |
| Overview | |
|---|---|
| Owner | Gauteng province |
| Locale | Gauteng, South Africa |
| Transit type | Commuter rail |
What does bombela mean?
Also bombella, mbombela, and with initial capital. Origin: ZuluShow more. Either of two types of transportation carrying black migrant workers between home and work: a.
Is the Gautrain profitable?
When the Gautrain was launched in 2010, it enjoyed a ‘patronage guarantee’ of R360-million a year paid by the Gauteng provincial government. Oh, for the days when everything was cheap. That payment has now ballooned to an astonishing R1. 5-billion a year, while ridership dwindles.
What language is bombela?
English language
Bombela is an English language song and is sung by Upper Room Church Choir.
Who funded the Gautrain?
There has been strong political support from the government, and the project was funded through: The federal Division of Revenue Act, 2008 (DoRA), the Gautrain Rapid Rail Link Grant being set out in Part 4. The provincial Medium Term Expenditure Framework (MTEF).
Is Gautrain a PPP?
The Gautrain is a PPP project, with the Gauteng Provincial Government (the Province) the public partner and the primary promoter of the project. Following on from the announcement a consortium of consulting companies were appointed in April 2000 to advise the Province on the execution of the project.
How was the Gautrain funded?
The funding was provided by the following sources: Federal and provincial institutions. Institutional investors (especially pension funds). Development finance institutions, such as the African Development Bank (AfDB), the World Bank, including the International Finance Corporation (IFC).
Who funded the Gautrain project?
Public sector funding for the Project’s capital cost would be garnered from three sources, which were from the Gauteng Province’s budget; Provincial borrowing from national government; and a conditional grant from the National Treasury via the National Department of Transport.
Who is Bombela-Bombela Concession Company Pty Ltd?
The Bombela Concession Company contracted with specialised entities to design, construct and operate aspects of the Gautrain rapid rail system. The Bombela Concession Company strives to achieve excellence in the execution of our contract with the Gauteng Provincial Government and to be recognised as a world leader in concession management.
Who are the shareholders of Bombela operating company?
The Bombela Operating Company’s shareholders include SPG, Murray and Roberts and RATP Dev. The operator has extensive knowledge and expertise in the operation of multi-modal public transport networks.
What does Bombela do in the Gauteng province?
Enabling and supporting transformation initiatives are also at the heart of what we do as Bombela. From keeping a firm hand on our Socio Economic Development obligation through to ensuring that we have a truly diverse team, Bombela remains committed to social transformation in the Gauteng Province.
How many passengers have Bombela trains carried to date?
We have to date transported more than 60 million passengers on our trains and have operated in excess of 380 000 individual train trips.