E-tolls are finished, klaar, kaput

It’s officially official, e-tolls are finished, says Gauteng MEC for Finance Jacob Mamabolo. From its inception date on 3 December 2013, the public stood defiantly against the system. Now, 3 771-days on, e-tolls are finished. But not without a few loose ends and billion Rands of debt.

E-TOLLS ARE FINISHED

E-toll gantries will be used for crime prevention after 31 March 2024. Image: File

In a report from Business Tech, Mamabolo said the failed tolling scheme would be shut down on 31 March 2024. Presenting the Gauteng budget earlier this week (Tuesday 5 March), he explained that the province has approached financial institutions to settle its debt. Moreover, R4 billion is needed to settle its maintenance backlog with SANRAL. And it intends to spread the repayment over a period of four years.

Furthermore, total debt on the failed e-toll project has snowballed to R13 billion. And the National Treasury will foot the bill for the balance (70%). Likewise, much confusion has surrounded how Gauteng would pay back its portion. Hence, Gauteng Premier Panyaza Lesufi’s assertion earlier in the year that outstanding e-toll debts should be collected from motorists.

NO APRIL FOOLS

Premier Lesufi
Gauteng premier launches new 2024 licence plates that will feature a QR code and be tamper proof. Image: X/@GautengProvince

“Come 31 March 2024 and the new financial year, e-tolls will be a thing of the past. This demonstrates beyond any reasonable doubt the province’s commitment to comply with National Treasury to exit the Gauteng Freeway Improvement Project,” confirmed Mamabolo.

As soon as e-tolls are finished, Transport Minister Sindisiwe Chikunga says the sophisticated gantries will be switched to other operational duties. These will mostly be crime-prevention related. Likewise, e-tags will continue to function and still be usable at tollbooths around the country (as they are now).

NEXT READ: MUST pensioners reapply for SASSA Old-Age Grants April 2024?

What do you think now that e-tolls are finished? Be sure to share your thoughts with our audience in the comments section below. And don’t forget to follow us @TheSANews on X and The South African on Facebook for the latest updates.

CLICK HERE TO READ MORE ARTICLES FROM RAY LEATHERN

Read original article here

Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a Comment