Gauteng e-tolls: Sanral urges govt to make a decision - report

play article
Subscribers can listen to this article
Die elektroniese tollenaars in die nag. Foto: Quickpic
Die elektroniese tollenaars in die nag. Foto: Quickpic

The South African National Roads Agency needs the government to make a decision on the future of electronic tolls in Gauteng province, as the coronavirus cuts its cashflow, according to the Sunday Times.

"We're having to scurry around to ensure our liquidity," the Johannesburg-based newspaper cited Sanral Chief Executive Officer Skhumbuzo Macozoma as saying.

"Until you solve the the e-tolls problem we won't get out of this quagmire."

Macozoma said the decision on whether to keep the system or scrap it rests with President Cyril Ramaphosa's cabinet. Only about 20% of users are paying e-tolls, the Sunday Times said.

If canceled, Sanral's debt related to the Gauteng Freeway Improvement Project will jump from around R40 billion to R67 billion.

South Africa's lockdown to curb coronavirus cost Sanral more than R620 million, the Sunday Times said.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
All Share
Top 40
Financial 15
Industrial 25
Resource 10
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Yes, and I've gotten it.
24% - 69 votes
No, I did not.
52% - 150 votes
My landlord refused
24% - 71 votes