LazyLion
King of de Jungle
Another thing I thought of: They have created a ongoing system of revenue to "repay" debt created in a single instance. Once that debt is repaid, then what?
Then Milk the Cow for all Eternity...
South Africa’s biggest forum. Discuss, discover, and connect with thousands of members.
Another thing I thought of: They have created a ongoing system of revenue to "repay" debt created in a single instance. Once that debt is repaid, then what?
Another thing I thought of: They have created a ongoing system of revenue to "repay" debt created in a single instance. Once that debt is repaid, then what?
Another thing I thought of: They have created a ongoing system of revenue to "repay" debt created in a single instance. Once that debt is repaid, then what?
fixed that.The bribes, fraud and back hand payments are so vast that it will never be repaid.
Another thing I thought of: They have created a ongoing system of revenue to "repay" debt created in a single instance. Once that debt is repaid, then what?
No one knows. There's no sunset clause in the system and they've deftly dodged all questions on the topic.
It's just another perpetual tax.
Have you been doing some 401 action with SANRAL. You know it is 403.
And I see you are already pointing out a good defence![]()
Nah, that boat has sailed. When a billing system lacks basic data-quality and data-scrubbing controls, does not provide sufficient auditing capabilities and when the IT system overall is a patchwork of systems, people, then that ship will hit that proverbial iceberg within months after launch-date. i.e. - everything will look fine for weeks and then it will just go ***BOOM***. Really grinds me to look on how billions of tax-money is wasted and politicians are perfectly okay with this.
Also remember that every opposition party has so far failed to challenge the ruling party. Erecting a few billboards does not fix anything. What did the DA and others do when e-tolling was initially discussed and when tender documents were produced? Surely initiatives like these would have been discussed on an open platform and not just be done in secrecy by the ANC?
Another thing I thought of: They have created a ongoing system of revenue to "repay" debt created in a single instance. Once that debt is repaid, then what?
They refuse to address that issue when asked. Which in itself is damning.
I did however run the numbers very quickly (earlier in this and many other threads) and the system makes no sense. Using the numbers that they're bandying about, it would take them about 37 years to repay their 10 year bonds. Or we'd all need to be paying between R1700 and R2600 per month, every month, and within 30 days. Does not compute...
It does compute.
You lower the tariffs and then once everyone has bought into the system and can't boycott it, you jack up the prices to get your money back.
"To avoid a last-minute rush of motorists getting e-tags ahead of toll commencement, we are encouraging motorists to register and obtain their e-tags," spokesman Vusi Mona said in a statement.
"To avoid a last-minute rush of motorists getting e-tags ahead of toll commencement, we are encouraging motorists to register and obtain their e-tags," spokesman Vusi Mona said in a statement.