Over a decade in the making...e-tolls finally scrapped in Gauteng

Loading player...
Motorists in Gauteng will be breathing a collective sigh of relief after Gauteng Premier Panyaza Lesufi confirmed "we are now ready to start a new life without e-tolls in Gauteng". This clarity comes in the wake of pronouncements made by Finance Minister Enoch Godongwana in his mid-term budget policy statement. Godongwana announced National Treasury will on board 70% of SANRAL's debt while the Gauteng provincial government will cover the remaining 30%. Godongwana said "...the costs of maintaining the 201 kilometres and associated interchanges of the roads and any additional investment in road will be funded through either the existing electronic toll infrastructure or new toll plazas, or any other revenue source within their area of responsibility." But any confusion over whether future funding models would include e-tolling has been put to bed by Lesufi. BizNews correspondent Michael Appel spoke to Automobile Association spokesperson Layton Beard in the wake of the announcement. Meanwhile, Wayne Duvenage from the Organisation Undoing Tax Abuse - OUTA - says this is the culmination of the biggest civil disobedience campaign in the country's democratic history. Learn more about your ad choices. Visit megaphone.fm/adchoices
26 Oct 2022 1PM English South Africa Investing · Business News

Other recent episodes

BNC#9 | Masie Q&A: Eskom's extra gigawatts are AI's gateway into SA economy

Stafford Masie says the AI industry is not actually running out of electricity, it is running out of places to plug in. The real bottleneck for OpenAI and Anthropic in the United States is grid connection points that can absorb the violent power swings inference computing demands, without blowing transformers…
10 Sep 11AM 39 min

Ian Cameron: Another SAPS cover-up exposed!

In this interview with Chris Steyn, Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, exposes a huge cover-up over many years of animal maltreatment at the SAPS Roodeplaat Veterinary facility. Speaking following the death of the arson-detection dog Sky, he said: “That hospital, if this is the way…
10 Sep 7AM 18 min

Solly Moeng: DA in danger of becoming the ANC

In his latest weekly chat with Chris Steyn, Political Commentator, Solly Moeng urges action from the Democratic Alliance (DA) over reports that the party is considering promoting Cape Town councillor - and fake doctor - Abdulkader “AK” Elyas to either Parliament or the Western Cape legislature despite guilty findings relating…
10 Sep 5AM 17 min