The National Roads Agency has told Parliament it e-tolls will create a R150 billion funding gap and that it needs R15.75 billion per year over 10 years if toll funding is no longer available to address its basic requirements.
The South African National Roads Agency Limited has told Parliament that lack of certainty around e-tolls could create a R150 billion funding gap over the next ten years, Sunday TimesIt also warned that it would need R15.75 billion per year for the next ten years for its basic requirements, tackling its backlog, and its road network expansion if toll funding is no longer available.
“The agency does not have the financial and human capital capacity to take over the management of such a large network of roads,” the performance plan stated. Gauteng finance MEC Jacob Mamabolo said that a memorandum of understanding between Sanral and the provincial government was still being drawn up.
Until the e-toll system is deactivated, motorists who want to use their e-tag as a convenient way to travel through long-distance gantries still have to pay their Gauteng e-toll fees.
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