E-tolls operator boss quits

2013-11-01 10:12

Salahdin Yacoubi, the CEO of Electronic Tolling Collection (ETC) Pty Ltd, the company running the multibillion-rand e-tolls project in Gauteng, resigned with immediate effect.

ETC is a single purpose company established in late 2009 to deliver the services contracted by the SA National Roads Agency Limited (Sanral) to a joint venture of companies.

The joint venture consists of South African black empowered company Traffic Management Technologies (TMT) and Austrian e-tolling company Kapsch TrafficCom.

This means that ETC cannot do any other businesses than Gauteng open road tolling for Sanral.

Sanral said yesterday it had learnt of Yacoubi’s resignation and it would have no impact on its contract with ETC.

“Sanral has a contract with ETC and the resignation of its CEO has no impact on that contract. The work ETC is doing for Sanral will continue,” said Sanral’s Vusi Mona.

On questions for the reasons for the resignation and which aspects of the implementation of the Gauteng e-tolls project are potentially at risk, Mona said ETC would be best placed to respond.

A TMT spokesperson confirmed Yacoubi’s resignation to Fin24 and said the new CEO, James Surkont, would respond later.

According to the Kapsch website, Yacoubi had been a leading figure in managing two of the world’s first three implementations of all electronic tolling – Melbourne CityLink in Australia and Autopista Central in Santiago, Chile.

Surkont is head of road safety enforcement at Kapsch.

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