• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Wednesday, October 21, 2026
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home News

South Africa approves R5bn e-toll bailout to settle debt

David Ijaseun by David Ijaseun
December 12, 2024
in News
0
Government's e-Toll Debt

Government's e-Toll Debt

621
SHARES
8.8k
VIEWS
Share on FacebookShare on Twitter

South Africans could see some relief as the government moves to resolve the long-standing e-toll debt crisis. The National Assembly has approved a R5.12 billion allocation to the Department of Transport, aimed primarily at settling the South African National Roads Agency’s (Sanral) e-toll liabilities. This marks a step toward addressing the R30 billion national government portion of the debt.

The Special Appropriations Bill, which facilitates this bailout, now awaits President Cyril Ramaphosa’s assent after gaining approval from the National Council of Provinces. “This bill is a lifeline for Sanral, allowing us to address a significant portion of the debt while ensuring South Africans aren’t burdened indefinitely,” Finance Minister Enoch Godongwana said in his October budget speech.

READ ALSO

LCCI Auto Sectoral Group Visit To Madam Kemi Koyejo, MD/CEO, New Era AutoServices Ltd recently.

Volkswagen’s Xpeng EV bet misses China sales target by 93% as local rivals surge

Sanral’s debt has grown to R28.9 billion as of March 2024, with nearly R28.7 billion classified as “impaired.” The agency’s tolling system, initially launched to fund road infrastructure in Gauteng, has faced criticism for inefficiency and non-compliance from road users.

The provincial government of Gauteng is responsible for 30% of the debt, but controversy erupted when its reported share surged from R13 billion to R20 billion. The Organization Undoing Tax Abuse (Outa) has called for transparency. “Gauteng taxpayers deserve clarity. The sudden jump in numbers raises serious concerns,” said Outa spokesperson Wayne Duvenage.

Despite objections, Gauteng made an initial payment of R3.8 billion in October 2024. The remaining balance remains a contentious issue. Critics argue the province shouldn’t bear the cost, as the tolling system wasn’t its initiative.

As South Africa grapples with these financial obligations, questions linger about the accountability and long-term viability of large-scale public infrastructure projects.

Read more on Losing the Lead? South Africa risks falling behind in NEV manufacturing

Tags: e-toll debtSouth Africa

Related Posts

LCCI Auto Sectoral Group Visit To Madam Kemi Koyejo, MD/CEO, New Era AutoServices Ltd recently.
Brand

LCCI Auto Sectoral Group Visit To Madam Kemi Koyejo, MD/CEO, New Era AutoServices Ltd recently.

October 21, 2026
Volkswagen's Xpeng EV bet misses China sales target by 93%
News

Volkswagen’s Xpeng EV bet misses China sales target by 93% as local rivals surge

October 20, 2026
Ford plans European comeback with new electric cars and rugged SUVs
News

Ford plans European comeback with new electric cars and rugged SUVs

October 19, 2026
Success secrets of South Africa’s automotive manufacturing sector revealed
Africa

South Africa targets 60% local content in push to transform automotive industry

October 16, 2026
Hyundai Motor
News

Hyundai Issues Safety Recall for Over 94,600 US Luxury Cars Due to Fire Risk

October 16, 2026
Chevrolet
News

Chevrolet drops cheapest Trax trim as entry price could rise by $1,500

October 15, 2026
Next Post
2025 Tiguan

Volkswagen proposes 14% wage hike and profit sharing for Tennessee workers

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
Rolls-Royce La Rose Noire Droptail 2026, the most expensive car in 2026

Ultra-luxury: The 10 most expensive cars in the world in 2026

January 7, 2026
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024

EDITOR'S PICK

GM Cruise

GM pauses development of its self-driving car indefinitely

July 23, 2024
Tesla Model Y

Tesla’s 2025 Model Y launches in the U.S. with exclusive features and a $61,630 price tag

January 26, 2025
Versat Automobile

Versat Automobile Advances EXEED’s Nigerian Entry

October 21, 2026
The BMW i Vision Dynamics

BMW’s iVision Dynamics, sustainability on wheels

January 25, 2023

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • The car you buy is only as good as the support behind it
  • Hyundai Motors Nigeria Unveils All-New Mufasa and Grand Creta, Expands SUV Portfolio
  • LCCI Auto Sectoral Group Visit To Madam Kemi Koyejo, MD/CEO, New Era AutoServices Ltd recently.
  • Carloha Nigeria to Join Chery’s Global Summit

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • Terms & Conditions
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?