South Africa would be in ‘serious trouble’ if the existing e-tolling debt was not settled, SA National Roads Agency Limited (Sanral) told the e-toll review panel in Pretoria on Wednesday.
“There is no new money,” said Sanral CEO Nazir Alli.
Alli said that currently the agency had no funds to settle the existing bill.
“There is no subsidy on the tolls. If we default, South Africa will be in serious trouble,” he told the panel.
Alli said the e-tolling project in Gauteng cost around R20 billion. The State, however, gave them only R10 billion per year.
He said they could have used the budget they received over two years but the roads would have been impossible to maintain.
“That would have meant we can’t maintain a single millimetre of the road,” said Alli…
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Let them give a stipulated breakdown of the Levy expenditure on all capital from January 2014 only this year just give us the we need a detailed specified account of every sent where and when and on what it has been spend.
According them they were working on 22 billion litters of fuel being utilized a year. The graft showed that an average of 35 to 40% of the fuel costs is utilized as levy to government. With average price at R13 a litter that will be between R4.55 and R5.20 a litter as levy.
100 Billion rand to government a year on the lowest on the graft!
When there was a price of R5 a litter all roads you see now were build bridges and maintenance done on existing roads now only maintenance to be done and there is no capital? They need R20 billion to pay the contractor that they illegally contracted as a dictatorship and now want us to pay for there mistakes. So show us the MONEY !!!
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