ANC set to scrap e-tolls

IceQB said:
Doubt they would scrap it.
Didn't they invest umkonto's pension funds into this?
Thought I read that somewhere.
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AntiThesis said:
I will do my nut if the ANC uses yet more of my wife's pension fund...
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The government invested (iirc) R17bn of the pension fund in the e-Tolls. Why do you think that the Treasury is so keen on having it go forward? They don't want to have to cough up R17bn (in capital, plus lost investments).
 
Read the doc.. it reveals how utterly stupid they are... They assumed that another lane would alleviate traffic congestion... well, it didn't

No rocket science...
 
blunomore said:
What about all those ugly gantries they erected????!!
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They must use them for advertising and traffic info. Money can be easily recovered like that.

They can also use the technology in those gantries to enforce speed limits and count cars. Would help recover even more money and the data can be used to track real time traffic patterns.

ie 50 cars per minute @ 120kmph means medium load with no delays.
5 cars per minute @ 60kmph = high load with high delays.

That kind of info can be sent to other gantries to tell the drivers what to expect.
 
IceQB said:
Doubt they would scrap it.
Didn't they invest umkonto's pension funds into this?
Thought I read that somewhere.
Click to expand...

Nerfherder said:
They must use them for advertising and traffic info. Money can be easily recovered like that.

They can also use the technology in those gantries to enforce speed limits and count cars. Would help recover even more money and the data can be used to track real time traffic patterns.

ie 50 cars per minute @ 120kmph means medium load with no delays.
5 cars per minute @ 60kmph = high load with high delays.

That kind of info can be sent to other gantries to tell the drivers what to expect.
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+1. Nuff said :p
 
Nerfherder said:
They must use them for advertising and traffic info. Money can be easily recovered like that.

They can also use the technology in those gantries to enforce speed limits and count cars. Would help recover even more money and the data can be used to track real time traffic patterns.

ie 50 cars per minute @ 120kmph means medium load with no delays.
5 cars per minute @ 60kmph = high load with high delays.

That kind of info can be sent to other gantries to tell the drivers what to expect.
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And to use the gantries there will be a R2 billion charge!
 
Ricard said:
http://www.google.com/url?sa=t&rct=...zbWXDw&usg=AFQjCNFGn-9YNhOXXgsjtQmqzUHDNxowHA

This 'Confidential' doc describes the whole GFIP project and who studied what and what assumptions were made.
It also describes Fuel Levy, Is the project cancellable... etc.... quite a doc TBH

The Govt used the 'Big Mac' index to work out prices that were the same as other countries that use ORT!
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agbiz.co.za ?

To me "CONFIDENTIAL" means that one needs an appropriate security clearance to even have access to the document. I hope this etolling court review is completed before the cANCer enacts the secrecy bill.

According to the properties the document was created on 2011/06/30, 13:40:00, by Lusanda Madikizela.

Related to Winnie perhaps?
 
j4ck455 said:
agbiz.co.za ?

To me "CONFIDENTIAL" means that one needs an appropriate security clearance to even have access to the document. I hope this etolling court review is completed before the cANCer enacts the secrecy bill.

According to the properties the document was created on 2011/06/30, 13:40:00, by Lusanda Madikizela.

Related to Winnie perhaps?
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yep... agbiz - they are going to have to shut the internet down, Google indexed the DOC :D If it really is confidential, the person who put it online needs to have refresher course in Data Security
 
This is propaganda of the highest order. Why on earth would the government approach the PIC for more funds for public transport? I don't buy this for a second...
 
From page 21 -

• In its current form, we could not find any major errors in the Income Model
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Apart from the major error where the public refused to cough up that Income !

Page 54 -

• Taxis will be bound to pay 66c per kilometre
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So they were never going to get a free ride ?
 
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daveza said:
From page 21 -



Apart from the major error where the public refused to cough up that Income !

Page 54 -



So they were never going to get a free ride ?
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Earlier in the document somewhere, it mentions that the TAXI's are to be incorporated in to the Public Transport system. The 0c/KM rate was to get taxis to register for e-Tags and have their registration numbers indexed. Currently the Govt does not have an idea how many taxis are out there (and who owns them), so the e-Toll is the blunt instrument to force operators to comply.

Once the taxis are all on the system, the fees can be charged and then SARS and others can get their paws on taxi owners bank details.
 
Ricard said:
Earlier in the document somewhere, it mentions that the TAXI's are to be incorporated in to the Public Transport system. The 0c/KM rate was to get taxis to register for e-Tags and have their registration numbers indexed. Currently the Govt does not have an idea how many taxis are out there (and who owns them), so the e-Toll is the blunt instrument to force operators to comply.

Once the taxis are all on the system, the fees can be charged and then SARS and others can get their paws on taxi owners bank details.
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Subtle like a brick.

I wonder if the taxis would ever have cottoned on?
 
I wonder if the taxis would ever have cottoned on?
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I think that would be irrelevant as they would just have ignored this bit-

The 0c/KM rate was to get taxis to register for e-Tags and have their registration numbers indexed.
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I'm still trying to come to terms with the fact that this Sanral lot was ready to activate this system yesterday without having a database of the taxis who were supposed to get a reduced cost or free ride.

Something in this whole mess just doesn't gel.
 
daveza said:
I think that would be irrelevant as they would just have ignored this bit-



I'm still trying to come to terms with the fact that this Sanral lot was ready to activate this system yesterday without having a database of the taxis who were supposed to get a reduced cost or free ride.

Something in this whole mess just doesn't gel.
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I am convinced that SANRAL is now bankrupt and needs to get some income... they will argue the rest later once peoples bank accounts have been debited. One day of e-Toll will release bring in millions of rands to service the loan terms.

http://www.google.co.za/url?sa=t&rc...38juAg&usg=AFQjCNHkeLj69GJiKfRt8nf8iupTiPMNwA

Moodeys rates the companys outlook as NEGATIVE with a 'Baa' rating.

in 2008
http://www.engineeringnews.co.za/ar...erge-as-freeway-projects-advance-2008-06-13-1
“Sanral has a credit rating and we do not need government guarantees.”.Despite the substantial rise in capital expenditure, Van Niekerk notes that Sanral “won’t exceed the 50c/km toll fee” proposed last year when the GFIP was launched to the public.

Toll fees will be payable as from 2010.
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2 years later the Govt has sunk the Pension pot in to SANRAL.
 
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:D
 
daveza said:
2010 ?
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Thats what Alex van Niekerk said in2008... seems SANRAL is 2 years overdue on paying back loans :P and Govt bonds were issued to keep investors from dumping. (my theory)

Toll fees will be payable as from 2010. • Alex van Niekerk spoke at the Intelligent Transport Systems South Africa traveller and passenger information workshop.
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