Gauteng govt makes first payment to settle e-toll debt
In April this year, government shut down the e-toll gantries and undertook to pay off debt itself instead of transferring it to motorists.
Gauteng Finance MEC Lebogang Maile (left) and Gauteng Treasury HOD Ncumisa Mnyani (right) during a media briefing on e-tolls on 30 September 2024. Picture: Thabiso Goba/Eyewitness News
JOHANNESBURG - The Gauteng government has made its first instalment of R3.8 billion to settle its e-toll debt.
In April this year, government shut down the e-toll gantries and undertook to pay off debt itself instead of transferring it to motorists.
The total e-toll debt to the SA National Roads Agency was divided between the Gauteng government and National Treasury.
National Treasury is responsible for 70%.
The Gauteng government has committed to settling the remaining 30%.
In a media briefing on Monday, Gauteng Finance MEC Lebogang Maile said that the provincial government had made the first step to servicing the R12.9 billion debt.
Today, the Gauteng government paid the first instalment of R3,8 billion to SANRAL (South African National Roads Agency).
— EWN Reporter (@ewnreporter) September 30, 2024
The total debt on the side of the Gauteng government is R12,9 billion which will be settled over 5-years. TCG