• 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, July 26, 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

Volkswagen cuts 2025 sales forecast after $1.5bn tariff blow

Flying cars edge closer to reality as Japan certifies SkyDrive eVTOL

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

Volkswagen cuts 2025 sales forecast after $1.5bn tariff blow
Business

Volkswagen cuts 2025 sales forecast after $1.5bn tariff blow

July 26, 2025
SkyDrive Flies eVTOL Prototype
Aerospace

Flying cars edge closer to reality as Japan certifies SkyDrive eVTOL

July 26, 2025
Tesla unveils affordable EV prototype amid sales slump, missed earnings
Electric Vehicles

Tesla unveils affordable EV prototype amid sales slump, missed earnings

July 24, 2025
Formula 1 Nigeria
Cars/SUVs

Nigeria bids to host first Formula 1 Grand Prix in Africa since 1993

July 24, 2025
Flexjet secures record $800m investment to redefine luxury aviation
Aerospace

Flexjet secures record $800m investment to redefine luxury aviation

July 22, 2025
Volvo retreats from U.S. sedan market as tariffs bite into profits, strategy
Cars/SUVs

Volvo retreats from U.S. sedan market as tariffs bite into profits, strategy

July 19, 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

Elon Musk Tesla CEO

Tesla CEO axes executives in cost-cutting move

April 30, 2024
Here are 5 ways electric cars are different from hydrogen cars

Here are 5 ways electric cars are different from hydrogen cars

January 14, 2023
Five most famous car auctions you should know about

Five most famous car auctions you should know about

March 8, 2023
Embraer rides private jet boom to 103% delivery surge with 61 aircraft in Q2 2025

Embraer rides private jet boom to 103% delivery surge with 61 aircraft in Q2 2025

July 7, 2025

About

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

Follow us

Recent Posts

  • Volkswagen cuts 2025 sales forecast after $1.5bn tariff blow
  • Flying cars edge closer to reality as Japan certifies SkyDrive eVTOL
  • Kia’s EV3 could be the game-changing electric SUV Americans have been waiting for
  • Tesla unveils affordable EV prototype amid sales slump, missed earnings

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