Sanral CEO calls it quits
Reginald Demana has resigned as the CEO of Sanral, having overseen the closure of the controversial e-toll system in Gauteng.
Demana is leaving his role to take up a new opportunity that aligns with his long-term career ambitions. He will remain in his role until the end of August 2026.
He took over in January 2023. Demana joined Sanral as CEO in January 2023 with a mandate to accelerate the development of key national road corridor infrastructure projects.
He oversaw the resolution of the Gauteng Freeway Improvement Project (GFIP) e-toll issue. The controversial toll system was bleeding money and shut down in 2024.
Sanral said that the end of the e-toll issue resulted in a massive improvement in its balance sheet, largely due to the absorption of all e-toll-related debt.
He was also responsible for stabilising Sanral’s toll portfolio. During his tenure, the group has made massive progress on strategic infrastructure projects.
This includes the R573 Moloto Road, the N2 Wild Coast Road, the N2-N3 KwaZulu-Natal upgrades, the N2 Corridor in Mpumalanga, and the N1 South Corridor.
Elsewhere, the group also approved an increased borrowing limit of R16.5 billion up to 31 March 2028, including a R7 billion government-guaranteed New Development Bank facility.
“This was key to unlocking funding capacity for toll portfolio capital investment and previously constrained capital projects,” the group said.
The board will now start a recruitment process for a new CEO and will announce an Acting CEO while that process is underway.
It said that a further announcement on the appointment of an Acting CEO will take place no later than 17 July 2026 to support a smooth handover and transition between Demana and his successor.
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