The Gauteng E-tolling Thread

Status
Not open for further replies.
BS! I am parked on the N1 every morning and every afternoon. Its not like I can take another route without adding at least an hour to my commute.
 
R21 is an absolute pleasure to drive. Used to take me about 55 minutes between Edenvale and Centurion, now it's about 35 minutes.
 
Existing bond holders will have the option of cashing in their investments and asset managers bound by their mandates to investment grade assets will do exactly that. Sanral won’t have the money to pay its debts and the buck will stop with national government.

One event that could trigger a downgrade is a failed bond auction, says Sanral CFO Inge Mulder.

Sanral’s next auction is just two weeks away, on the 4th February.
Click to expand...

In 2 weeks SANRAL will lose it's investment grading which will force asset managers to sell their bonds, which will create a snowball effect and force government to step in and settle the debt. The **** will hit the fan.

Mulder (CFO of SANRAL) says the main objective of tolling is not funding, but traffic demand management – changing the behaviour of motorists through pricing signals in order to reduce congestion.
Click to expand...

That's a real gem.
 
http://www.fin24.com/Economy/E-tolls-Motorists-set-to-pay-much-less-20150125

Johannesburg - Free passes under e-toll gantries and a decrease in the monthly amount motorists with e-tags will pay. This is the early New Year’s gift awaiting Gauteng motorists.

The provincial government appears to have won a major political victory and is on the brink of clinching a deal that could see the province’s motorists paying much less for e-tolls.

But its triumph could come at a heavy cost for the province.

City Press has learnt that an e-toll consultation team headed by Deputy President Cyril Ramaphosa – which included roads agency Sanral, the Treasury and the Gauteng government – has agreed in principle to adopting some of the recommendations of the e-tolls review panel set up by Gauteng Premier David Makhura.

The panel recommended a hybrid funding model for highway upgrades that includes higher motor vehicle licence fees; turning off certain gantries; increasing off-peak discounts; and introducing time-of-day exemptions.

Officials who attended meetings facilitated by Ramaphosa said the consensus was that some of these recommendations should be adopted.

This would help ease the burden on Gauteng motorists, it was reasoned, and get their buy-in for the hugely unpopular e-toll system.

The first option they seem to be agreeing on is a reduction in the monthly cap for motorists who have e-tags. That cap is currently set at R450. Those driving on the province’s freeways could also expect a number of free passes under the gantries.

A national government insider privy to the talks said: “The caps will be reduced – there seems to be consensus around that – and they will throw in things like a certain number of free passes under the gantries a year. Perhaps even a reduction in overall tariffs.”

But the Treasury has told Gauteng that it will have to fork out any shortfall to Sanral because of the reworked financial projections arising from the review panel’s recommendations.

The Treasury has painted five scenarios of the impact on expected revenue to Sanral as a result of any relief granted to Gauteng motorists (see graphic below).

Gauteng government spokesperson Thabo Masebe confirmed that discussions were taking place with the aim of finding the correct formula for pricing e-tolls.

“There are discussions between the provincial and national governments. The province’s team is led by the premier and the national team is led by the deputy president. We hope that they will be able to narrow down the options to one that can move us forward,” Masebe said.

Sanral spokesperson Vusi Mona said Sanral was waiting for the outcome of the process, which would give final policy clarity and direction.

“As an implementing agency of government, Sanral will implement whatever policy decision is taken on this matter,” Mona said.

Ramaphosa’s spokesperson, Tyrone Seale, said the talks were still ongoing.

“The deputy president is leading consultations between national government and Gauteng on the outcomes of the Gauteng assessment of the economic impact [of e-tolls]. Those consultations are still under way and the outcomes will be communicated at a later stage,” he said.
Click to expand...

2fc13c7a01f54765b2f47efec6b3f263.jpg

National government is willing to budge on e-tolls, but only if Gauteng pick up any shortfalls created by the concessions...
 
I'm already getting my free lifetime passes. What are they talking about :confused:
 
I already have free passes, I don't think they understand it. It's not a matter of them lowering the fees for us to pay, we will still not pay. We didn't sign up for this, we boycotted it, we told them we weren't going to pay. What makes them think we are going to pay if they make it cheaper? 30 c to the fuel tax bam solved.
 
Lupus said:
I already have free passes, I don't think they understand it. It's not a matter of them lowering the fees for us to pay, we will still not pay. We didn't sign up for this, we boycotted it, we told them we weren't going to pay. What makes them think we are going to pay if they make it cheaper? 30 c to the fuel tax bam solved.
Click to expand...

Yep, it will be very hard for them to beat the zero we are currently paying.

Besides if the Gauteng government has to pay for this we will be charged back in the form of property taxes and higher service fees (electricity, water etc).
 
Still no fuel levy as solution. Their explanation being that fuel stations at the border of the gauging province will lose business as people drive to neighbouring provinces for fuel :wtf:

Even if that is true, how about raising it nationally and use the money collected in each province for that province.

But no. ****ing eTolls all the damn time and now they want to offer discounts to those not paying....like...like wtf are they thinking?
 
Hamster said:
Still no fuel levy as solution. Their explanation being that fuel stations at the border of the gauging province will lose business as people drive to neighbouring provinces for fuel :wtf:

Even if that is true, how about raising it nationally and use the money collected in each province for that province.

But no. ****ing eTolls all the damn time and now they want to offer discounts to those not paying....like...like wtf are they thinking?
Click to expand...

It's very difficult to steal money from the fuel levy. You have to drive to every fuel station and bribe them to give the money to you. With e-tolls the money just appears in your bank account. Much easier!

Besides, in Germany it often happens that people drive across the border to refuel in Austria where the fuel is cheaper. But this is only useful up to a point.
 
So they'll drop the cap, we'll run to register, they'll put the cap up.

They must really think we're fools.
 
Hamster said:
Still no fuel levy as solution. Their explanation being that fuel stations at the border of the gauging province will lose business as people drive to neighbouring provinces for fuel :wtf:

Even if that is true, how about raising it nationally and use the money collected in each province for that province.

But no. ****ing eTolls all the damn time and now they want to offer discounts to those not paying....like...like wtf are they thinking?
Click to expand...

And there are how many petrol stations on the border of Gauteng? If they haven't figured it out yet. Gautengers want convenience over money saving. Most Gautengers won't plan to drive to fill up in another province. They will just see the light go on and drive to the closest station.

Fuel levy is the way to go
 
creeper said:
And there are how many petrol stations on the border of Gauteng? If they haven't figured it out yet. Gautengers want convenience over money saving. Most Gautengers won't plan to drive to fill up in another province. They will just see the light go on and drive to the closest station.

Fuel levy is the way to go
Click to expand...

I completely agree.
 
Status
Not open for further replies.
Back
Top
Sign up to the MyBroadband newsletter
X