The Gauteng E-tolling Thread

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Ol' Mean Bastid said:
total bollocks, try getting off at Rivonia at 07:00 in the morning coming up from Roodepoort, same old backlog as it used to be, the same applies in the afternoon at William Nicol, you still virtually have a parking lot from the Buccleuch interchange
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And what happened to all those extra offramps that were in the original proposal - e.g. Main Rd Bryanston?
 
garp said:
And what happened to all those extra offramps that were in the original proposal - e.g. Main Rd Bryanston?
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they were removed and the price increased 4 fold
 
Anyone confirm these numbers? Got the comment off Daily Maverick

Some more numbers that scream bulls...t!

Kapsch, a public company on the Austrian bourse have promised their shareholders the equivalent of R670 million a year from this toll scam. They own 85% of the collecting company, so all the shareholders combined will get R800 million (round numbers) per year.

This after their running expenses and SA income tax. Say running expenses are 40% of sales and tax is 37%, or thereabouts.

O.K. then, to show a distributable profit of R800 million after running costs, depreciation and tax one would have to achieve a turnover of about R2,1 billion a year. Right?

But SANRAL says the amount creamed of for collection fees is limited to 17% of payments. So the R2.1 billion is 17% of the tolls paid. Well R2.1 billion is 17% of R12 billion, so that will be what they expect the total toll income to be. Per year! Plus VAT of course which means us suckers will pay R14 billion a year for the pleasure of gridlock.

R14 billion is 70% of the initial cost of the roads in the first place.

Clearly someone is lying. Is it SANRAL or is it Kapsch lying to their shareholders and investors? If it is Kapsch someone will go to gaol. If it is SANRAL no one will be prosecuted because in SA fraud perpetrated on the public is a retributionless occupation, practiced by the cream of society.
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Video is complete and is busy uploading. Will link to it shortly...
 
Here it is. The video Sanral don't want you to see...

[video=youtube_share;8mp4SQzrXJA]http://youtu.be/8mp4SQzrXJA[/video]
 
DJ... said:
Yes. I'm narrating the video...
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Good stuff. I was kinda hinting at the curry (or something) video review when you met up with a mate in the east a few years ago ... the slang ... :)
 
Busy watching but I only see the intro slide the whole way, no change.....

EDIT: Was watching in HD, switched down to 480 and now working
 
DJ.. - If you want an alternative mirror to host those files on, let me know by PM. Unlimited bandwidth/speed, no costs.
 
Thanks bullzeye. I have no problems if you'd like to do so and spread the message around...
 
Musiclover08 said:
qyty2uza.jpg
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Would love that confirmed. Not on their web site.
 
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