That is a very informative and opinionated post, do you have links to back up your claims?
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+1That is a very informative and opinionated post, do you have links to back up your claims?
That is a very informative and opinionated post, do you have links to back up your claims?
People are parting with their money.
A whole lot of the countries taxes are generated from Gauteng and spend on the other provinces and also their roads, thus it is not fair to use that as a reason to tax gauteng only in the fuel levy.
Another point is that the system is not fair since it does not toll all the user who uses the road, only the ones who drive under the gantries. One can drive between some sections and not pay a cent (Old Joburg Road to Samrand for example) but for a similar section you have to pay just because there is a gantry (Samrand Road to Olifantsfontein for example, and you pay as if using a whole 10km stretch). It is a wholy unjust and unfair system due to this and must be scraped or implimented correctly.
I am still waiting for a reply to the follwing post which I made when you said you agree the users should pay:
People are parting with their money.
I am still waiting for a reply to the following post which I made when you said you agree the users should pay:
Didn't respond to my post either.
Have you only just figured this out now?
Ja, I've only figured out the foolishness of it now.
I did ignore you guys because I didn't want to get into a long debate. My view on e-tolls is clear.
I did ignore you guys because I didn't want to get into a long debate. My view on e-tolls is clear.
And it clear that only some users pay, so your views are incorrect. Say I get on the highway and Samrand and I get off at New Road I am paying a whole ~R3 for a whole 4km of driving...
It's urban tolling bra. Being against the entire system simply because some will enjoy free minimal use is silly.
Kapsch TrafficCom AG (KTCG), the Austrian maker of toll-road systems, said it would get an annual revenue boost of more than 50 million euros ($66.4 million) from a delayed South African project that may start next month.
“All judicial and parliamentary hurdles are out of the way,” board member Andre Laux said at a press conference in Vienna today. The system, which has faced opposition from road users, labor unions and car rental agencies, is expected to go live by mid-July, he said.
The South African government plans to charge road users in Gauteng, South Africa’s most populous province, after hundreds protested against the project in Johannesburg and the capital, Pretoria. The South African National Roads Agency SOC Ltd., or SANRAL, borrowed about 20 billion-rand ($2.2 billion) to build and improve roads in Gauteng without the tolls.
The tolling system “is currently working,” Vusi Mona, head of communications at SANRAL, said in an e-mailed response to questions. “Official toll commencement date has not yet been communicated, it will be communicated soon.”
Kapsch’s shares rose as much as 2 percent in Vienna and traded 0.6 percent higher at 38.88 euros by 2:46 p.m. The stock has declined 18 percent this year.
“All judicial and parliamentary hurdles are out of the way,” board member Andre Laux said at a press conference in Vienna today.
The South African system will provide annual revenue of “significantly more than 50 million euros” for eight years, Kapsch’s Laux said. Total revenue in the last fiscal year fell 11 percent to 488.9 million euros. The company doesn’t disclose margins for individual projects, Chief Executive Officer Georg Kapsch said at the press conference.
oh I love this bit
so if I read that correctly that equates to 400 million euros or over R5 billion at today's exchange rate?