HILARY JOFFE: Sanral bailout ends tollways saga, but could dent infrastructure plans
Messy end of e-tolls calls into question the ‘user pays’ revenue model on which these and other public-private projects are based
30 October 2022 - 19:20
It was a bailout that finance minister Enoch Godongwana said would get national government out of the e-toll equation.
After years of uncertainty about the future of Gauteng’s 201km of e-tolled freeways, the national government has agreed to take over responsibility for 70% of the debt the SA National Roads Agency incurred on those roads, and has allocated an initial R23.7bn to settle debt and pay interest costs...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.