Sanral is weighed down by debt and e-tolls
The South African National Roads Agency Limited (Sanral) is under strain with a debt of R35 billion.
SANRAL invoce confusion clarified.
This was the guarantee put in place to support the e-tolling initiative which has been staunchly opposed, with road users refusing to pay.
This was despite a discount of 60% offered between November 2015 and May 2016.
According to the medium-term budget policy statement released today, going forward e-toll collections would continue to be closely monitored and court action against road users who hadn’t paid wouldn’t be scaled back.
According to the budget released in February, R4 billion in toll income from roads across the country had been recorded.
Public entities as a whole have a deficit of R3.2 billion for the 2016/17 and R6.1 billion for 2017/18.
Long-distance passenger services of the Passenger Rail Agency and lower revenues collected by Sanral were the largest contributors to the combined deficit.
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