• 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
Saturday, May 31, 2025
  • 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
8.7k
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

China’s BYD disrupts Europe’s EV market with sub-€20,000 Dolphin Surf

Mansory’s Bonkers convertible G-Wagen makes 820 HP and ditches the roof

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

BYD Dolphin Surf EV
Electric Vehicles

China’s BYD disrupts Europe’s EV market with sub-€20,000 Dolphin Surf

May 22, 2025
Mansory’s Bonkers convertible G-Wagen makes 820 HP and ditches the roof
News

Mansory’s Bonkers convertible G-Wagen makes 820 HP and ditches the roof

May 20, 2025
South Africa offers Tesla tariff deal to secure U.S. trade, Starlink access
Africa

South Africa offers Tesla tariff deal to secure U.S. trade, Starlink access

May 20, 2025
Volkswagen considers Italdesign sale amid European market pressures
News

Volkswagen considers Italdesign sale amid European market pressures

May 19, 2025
Mexican Navy Ship strikes Brooklyn bridge, killing 2, injuring 17
Business

Mexican Navy Ship strikes Brooklyn bridge, killing 2, injuring 17

May 18, 2025
Nigeria’s auto sector
Africa

Stakeholders laud FG’s ‘Nigeria First’ initiative, call it a boon for local auto industry

May 14, 2025
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
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
Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

August 22, 2023

EDITOR'S PICK

South African Police deploy 50 new VW Golf GTIs for patrols

More cars seized as police target unroadworthy vehicles in South Africa

October 28, 2024
Volkswagen ID.1

Volkswagen’s low-cost electric vehicle aims to disrupt market, beat Chinese competitors”

May 29, 2024
Mercedes-Maybach S 580 e

Mercedes-Maybach unveils its first plug-in hybrid vehicle.

February 21, 2023
Koji Sato, Toyota's new CEO

Four facts about Koji Sato, the new CEO of Toyota

July 29, 2023

About

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

Follow us

Recent Posts

  • Toyota transforms RAV4 into all-hybrid SUV starting 2026
  • BMW reveals next-gen superbike concept with 230hp and carbon winglets
  • Tesla loses ground in Europe as EV rivals surge amid cooling sentiment over Model Y
  • Xiaomi rides high on Q1 boom, profits surge 65%

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • 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!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In