Sanral satisfied with 9% e-toll collection
Sanral CFO, Inge Mulder has refuted claims that the road agency has a cash-flow problem, saying that it is satisfied with the collection rates from non-registered road users.
In a statement, Mulder pointed out that, while it’s true that only 9% of non-registered users pay after seven days, 35% of these users do pay within seven days.
“There is no cash-flow problem but possibly a misunderstanding,” said Mulder. “In fact, we are satisfied with both registrations and payments made by non-registered users.”
“We have always trusted that the public will do the right thing and pay,” Mulder said.
“This high level of compliance has also meant that we are on track to meet our debt obligations.”
Sanral said it has 1.2 million registered e-tag users, and collection from these is “going fine”. The agency collected R250.8 million during February.
As at 28 February 2014, the total revenue transferred to the Violations Processing Centre was R543,544,574, of which R50,043,487 has been paid, representing 9.21%.
This revenue is the total amount invoiced to road users that have not paid within the 7 day grace period, excluding any discounts that may be eligible at the date of the report, Mulder explained.
It was reported by transport minister Dipuo Peters that Sanral had spent over R54 million in collection processes in the month.
Mulder noted further that Sanral is not laying off staff, nor is the service provider CTC.
“A sub-contractor to ETC is laying off temporary staff because the work they were contracted to do, has been completed,” she said.
More on e-tolls
E-toll fines, jail time and criminal records: the truth
The massive cost to collect e-toll debt