E-tolls up for review, says premier

Johannesburg - Gauteng Premier David Makhura on Friday announced plans to review e-tolling in the province.

"We shall set up a panel to review the impact of e-tolls and invite new proposals on how we can find a lasting solution to this matter, working with the national government, municipalities and all sectors of society," he said in his state of the province address in Thokoza.

"While we shall not promise easy solutions and claim easy victories, we must make it clear that we cannot close our eyes to the cries of sectors of our population who are severely affected by the cost of travelling across the province."

He said deliberations were needed on how to finance road infrastructure.

"I urge those who have vehicles to continue to pay [e-tolls] while we are finding a lasting solution."

Meanwhile, the SA National Roads Agency Limited (Sanral) welcomed Moody's Investor Services' upgrading of its rating outlook from negative to stable.

"This upgrade highlights the significant progress that has been made in restoring investor confidence," Sanral CEO Nazir Alli said in a statement on Friday.

"It is particularly welcome that Moody's has singled out the success of good e-toll collections related to the Gauteng Freeway Improvement Project [GFIP] as a key factor in their decision."

The rating affirmation and outlook change were as a result of increased revenue due to e-toll collections, which increased Sanral's total toll revenue from R2.1bn in 2013 to R3.4bn for the financial year ended March 31, 2014.

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