Uncategorized 26.2.2014 06:11 pm

No budget news on e-tolls

FILE PICTURE: An e-toll gantry is seen along the N1 South highway, 9 October 2013.  Picture: Tracy Lee Stark

FILE PICTURE: An e-toll gantry is seen along the N1 South highway, 9 October 2013. Picture: Tracy Lee Stark

Gauteng’s tolled freeways, as well as Sanral, was conspicuously absent from the 2014 Budget Speech.

While road, rail and port infrastructure was mentioned as part of the renewed focus on infrastructure spend, little detail was given beside the money being allocated to the Passenger Rail Agency of SA.

The Budget Review shows that Sanral allocated budget for the current financial year remained R8.3 billion despite the delayed implementation of e-tolls.

Over the next three years, the agency will receive R11.9 billion, R15.8 billion and R17 billion respectively for both toll and non-toll expenditure.

During this time period, State Owned Companies will receive R381.9 billion. The bulk of this money has been earmarked for Eskom and Transnet.  With Sanral included, the three entities receive 90% of the three-year budget.

Provincial roads, transport and public works departments invested R9.8 billion last year. Provincial road maintenance teams will receive R9.3 billion this year and public transport operations R4.8 billion.

National government will also provide R15.2 billion over three years to subsidise bus lines that serve commuters and learners.

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