OPINIONISTA: South Africa has not yet had a proper dialogue on e-tolls By Rhulani Thembi Siweya
The manner in which some South African motorists and commuters have responded to the call made by Minister of Finance Tito Mboweni when he asked fellow South Africans to pay up their e-toll debts, is evidence that the approach of the state towards e-toll has not worked.
Had the state been able to create public platforms, South African motorists and commuters would have understood that e-tolls are not permanent. Had we all united and settled the debt, the life-span of e-tolls would become shorter. This points out the need for the state to always find effective mechanisms in the strides to build a developmental state, through the unity of all South Africans. Such unity is created through meaningful public participation in government decisions.
The board neglected its fiduciary responsibilities enshrined in the Companies Act to always put the interest of the institution as first priority. The debt owed by Sanral, impacts the nation’s balance sheet, making this a responsibility for all South Africans. It is an account that is payable, the state cannot run away from it. The debt is sitting at around R30-billion, any board with such credit, would not sleep at night, but stay awake to think of innovative ways to fundraise.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OPINIONISTA: South Africa needs urgent policy reform to save its embattled mining industryIn a newly released report for the SA Institute of Race Relations, I explore the significance of the mining industry in South Africa, its far-reaching impact on the economy, and why urgent policy changes are needed to revitalise it.
Read more »
OPINIONISTA: Core values, and bringing people on board at the Capitalist Party of South AfricaA new political party, the Capitalist Party of South Africa, was launched in Johannesburg on Sunday 17 March. In the weeks between now and the election, this column will document how the party came about, what it needed to fall into place, how people were brought on board and how the ideas were brought to life.
Read more »
Newsdeck: South African Construction Sentiment Crumbles Under Soft EconomyConfidence in South Africa’s civil construction sector is at the lowest in at least 22 years and could stay there for some time.
Read more »
South Africa: Thai Military Party Leads Vote, With Prayuth Set to Keep PowerA political party created by Thailand’s ruling military government was leading in the first election since a 2014 coup, putting junta chief Prayuth Chan-Ocha in position to return as prime minister.
Read more »
Trio shine light for South AfricaHe's on loan at Saint Gilloise from English Premiership side Brighton, but managed to keep his feet on the ground and contributed with the goals that took the nation to the Afcon, where even a lot more would be expected from him. TTM16
Read more »
FOREIGN AFFAIRS: Decolonising Africa’s last colony: South Africa and Morocco exchange verbal fire across the continentFOREIGN AFFAIRS: Decolonising Africa’s last colony: South Africa and Morocco exchange verbal fire across the continent By Peter Fabricius Pfabric
Read more »
Business: Economists Split on South Africa Avoiding Moody’s Negative CutSouth Africa may just be able to cling onto the stable outlook of its sole investment-grade rating this week, helping it stay clear of a forced selloff of billions of rand of its debt.
Read more »
Fraud risks on the rise in South AfricaIn South Africa, insurers are experiencing an increase in claims, as employee fraud escalates.
Read more »
South Africa now has a national action plan to combat racism | Pretoria News'The plan says what should be done, what’s next and by when, and we think that for us it is going to help us to monitor what ...
Read more »