This is how much the average e-toll bill is

·26 Nov 2015

The company behind e-toll collections has revealed how many outstanding bills are on the system – which has largely been rejected since its inception almost two years ago.

In an interview with Independent Online, Mark Ridgway, the chief operations officer of Electronic Tolling Company, said that a single large transport company owed as much as R20 million, dating back from December 2013.

Shockingly, he told IOL that a number of JSE-listed companies concealed their e-toll debt to shareholders.

Overall, more than 3.3 million e-toll accounts have outstanding payments, while e-toll collections have dropped dramatically, to a point of near collapse, according to a recent report.

In May, South Africa’s deputy president Cyril Ramaphosa announced revised e-toll tariffs.

The monthly cap for e-toll road users was adjusted to R225, from R450 previously, while people who owed money for using the system received a 60% discount on their outstanding bill.

That discount is set to expire in early May 2016.

Deputy President Cyril Ramaphosa said that for the deal to work, Gauteng and the SA government had to fill a R600 million to R700 million gap.

Finance and e-Government MEC Barbara Creecy announced earlier this month that Gauteng will fund 50% of the shortfall on this project.

Additional disclosure by the Electronic Tolling Company on e-tolls:

R5.9 billion for e-tolls was outstanding at the 60% discounted rate in terms of the new dispensation.
81% of the total discounted debt of R5.9 billion is owed by 17% or 518,000 account holders.
The top 20,000 accounts with e-toll fees outstanding have an average balance of R78,000 or spend an average of R3,715 a month.
Big fleets and commercial drivers account for 22% of the total discounted R5.9 billion debt value
The average amount owed on 3.34 million account holders is R1,875 after a 60% discount.