The Gauteng E-tolling Thread

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creeper said:
SANRAL CFO http://m.moneyweb.co.za/moneyweb-south-africa/sanrals-cfo-on-the-money

Be very careful when reading this article. The cost of collections are not specified as well. Neither is mentioned the incorrect billing and the complicated process too she a complaint.
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While the Sanral Act provides for a civil fine equal to R2 160 per transgression (that is per gantry) if convicted to be paid to Sanral,
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WHAT THE ****?! What happened to the punishment fitting the crime?!?!
 
creeper said:
SANRAL CFO http://m.moneyweb.co.za/moneyweb-south-africa/sanrals-cfo-on-the-money

Be very careful when reading this article. The cost of collections are not specified as well. Neither is mentioned the incorrect billing and the complicated process too she a complaint.
Click to expand...

I think I need to do another video, because not only does this confirm that Nazir Ali and Vusi Mona have lied to us about the payment split if this is true, it's also complete hogwash.

On this basis it would take Sanral 29 years from this point right now, to repay its debt, which is contrary to their actual obligations. The vast majority needs to be repaid by 2021. Their required monthly revenue to achieve this goal is around R700m, not R250m as stated, unless they have renegotiated terms with their creditors, which I have not seen news about. It would have made financial news in a big way had this happened.

It also raises more interesting questions and confirms a few numbers. If their peak load was tested to 6 million transactions, they are expecting at least 2 transactions per vehicle, per day, with every road user. This is not plausible as not all Gauteng road users will use the tolls each day, so the number is higher. Probably closer to 3 on average. This means that their current compliance rate is around 30%. Inge Mulder states that their current financial position places them 1% above their anticipated compliance rate, meaning that we now have an admittance from Sanral that they did not plan for widespread adoption - they planned for this system to fail, and priced the system accordingly, in order to recoup costs punitively from minimal compliant road users, as she states that they do not forecast revenue from non-compliant users.

This also shows that the compliance rate is around the 1 million mark, meaning that Sanral's stated breakdown (as fact) that 83% of road users will pay less than R100 per month is complete bullschit, and amounts to perjury. The average road user is paying between R200 and R250 per month for e-tolling.

BUT, let's get back to their actual numbers. In order to repay their debt now knowing that the stated payment split Nazir Ali and Vusi Mona repeatedly provided was a lie, Sanral require monthly revenue of around R725m per month. This raises the average monthly cost per road user based on current compliance rates to between R581 and R726.

And that's simply in order for them to repay their debts. So they are either expecting a larger subsidy from government this year, or these numbers are a complete fabrication, intended to spread more FUD. We also now know that Nazir Ali and Vusi Mona have repeatedly lied to the public about the payment split...
 
LOL, they assume all the invoices will be paid which is why they are financially "viable" the trickle of funds they are getting needs to be cut off dead.

I say burn the SANRAL offices down lol!
 
garp said:
What is a "civil fine"? Does such a thing exist?
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Yes, you have civil cases and criminal cases. They've been saying for a long time how the e-tolls are a criminal matter and not a civil matter (like AARTO which is simply ignored). Now suddenly they are a civil matter again...
 
Wyzak said:
Yes, you have civil cases and criminal cases. They've been saying for a long time how the e-tolls are a criminal matter and not a civil matter (like AARTO which is simply ignored). Now suddenly they are a civil matter again...
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Indeed. They're talking about the revenue from fines reaching them? As far as I know, revenue from criminal fines goes into the general fiscus?...
 
Wyzak said:
Yes, you have civil cases and criminal cases. They've been saying for a long time how the e-tolls are a criminal matter and not a civil matter (like AARTO which is simply ignored). Now suddenly they are a civil matter again...
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Yes, but those are civil "cases" not "fines". So I assume by this they mean that they will sue you in a civil court for payment of their "fine"?
 
Sinbad said:
SO would it be in essence a damages award?
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Yep, they are trying to get the best of both worlds and to be exempt from all consumer protection acts. Will the courts allow this? I hope not.
 
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