Statement on Cabinet meeting of 22 March 2006
22 March 2006
Cabinet today considered a report on the consolidation of the Commuter Rail Services, including the sale of Metrorail as a going concern to the SA Rail Commuter Corporation (SARCC). An agreement in this regard has been signed between Transnet and the SARCC. The meeting agreed that the date for such transfer should be adjusted from 1 April to 1 May 2006, in order, among others, to finalise outstanding issues among all the affected parties.