TCTA is not a contractor. They are an implementing agent for large water projects on behalf of the Dept. of Water and Sanitation. These include mega projects such as the Lesotho Highlands Water Scheme and the Mokolo Crocodile Water Augmentation Project. The difference between TCTA and DWS as implementing agent is that TCTA can lend money on the public market. In a way they are similar to SANRAL, although they have not been stupid enough to think they can be a primary provider of services to the public.
I agree with previous comments. Stupid article was copied and pasted stupidly.