Treasury silent on e-toll debt

[Derrick]

E-toll debt, Treasury silent

The Treasury has declined to comment on reports that South Africa is looking at options to retire a R20 billion debt incurred by the SA National Roads Agency Ltd (Sanral) to upgrade highways around Gauteng...

 

[R13...]

I don't see why they'd retire it if people say they are prepared to pay if a more efficient collection method is found. Stick in the Gauteng fuel levy and be done with it. It is increasingly clear that the unpopular fuel levy will not fly in the face of such opposition.

This is all good. They are backing down on e-tolls, the info bill & even Mdluli (sort of). It shows that the government and ANC are now starting to take all legitimate opposition to their policies seriously and not just dismissing everything as racist, classist or DA whingeing.

 

[ITCynic]

I think they would rather "retire" the debt than allow the corruption in this deal to be exposed.

There seems to be so many dodgy things about this deal that the government would rather make the debt go away than give the public any answers. Some pretty big players must be involved for a potential cover up at this level.

 

[Bullvein]

Maybe they don't want to expose their links to the money pot, witch they would have to when they use those funding options, maybe someone couldn't be bribed, threatened or corrupted.

They did start to backpedal awfully fast once they heard that all the documentation will be released in court UN-redacted.

No man I bent my tinfoil hat

 

[LazyLion]

All this back pedaling makes me VERY VERY suspicious!

 

[Bullvein]

All this back pedaling makes me VERY VERY suspicious!

Psst, I have a spare tinfoil hat, it's heavy duty foil so it wont bend like mine, want it ?

 

[LazyLion]

Psst, I have a spare tinfoil hat, it's heavy duty foil so it wont bend like mine, want it ?

Sorry, I'm not into Tinfoil hats. You look like you need it more than me.

 

[Bullvein]

Sorry, I'm not into Tinfoil hats. You look like you need it more than me.

Ill just double up then, but it's there for the taking, just ask

Sorry for the nonsense post, I'm trying hard for 100 posts because I hope the active member status changes by then, it's a heck of a lot of pressure on a man to have that as status, the ladies have expectations already you know.

 

[BrandOfRiva]

hey its all good! They'll dig 80 Billion rand out of services, education, police and other area's we dont really need it and give it to SANRAL to pay the 20 billion debt (after expenses).

 

[HavocXphere]

No worries people: We'll sell the fckin submarines that we bought the last time our glorious politicians had a shtty idea involving billions. Pity we can't sell the pebble bed reactors since those never materialized.

The treasury gets its cash from taxpayers. 20bn debt...5m individual taxpayers...so about 4k each. Thats fine by me...as long as those 20bn don't included these collection cost & toll gates and the rest of that farce...actual road costs only please.

 

[Bullvein]

But will the sub sell now that there's holes drilled in the sides for peepholes and the one R5 that still works to poke through ?

 

[HavocXphere]

But will the sub sell now that there's holes drilled in the sides for peepholes and the one R5 that still works to poke through ?

Pratley putty. Only half kidding...you can actually fix holes in ships with it.

 

[Bullvein]

Slightly off topic but hie hie I feel naughty so I'm going for it, they actually used it in space on the Apollo capsules, saw that on the interwebs some place.

 

[Skywalker42]

Slightly off topic but hie hie I feel naughty so I'm going for it, they actually used it in space on the Apollo capsules, saw that on the interwebs some place.

Yep, here.