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.<\/p>\n
In an interview with Independent Online<\/a>, 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.<\/p>\n Shockingly, he told IOL that a number of JSE-listed companies concealed their e-toll debt to shareholders.<\/p>\n 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.<\/p>\n In May, South Africa\u2019s deputy president Cyril Ramaphosa announced revised e-toll tariffs.<\/p>\n The monthly cap for e-toll road users was\u00a0 adjusted to R225, from R450 previously, while people who owed money for using the system received a 60% discount on their outstanding bill.<\/p>\n That discount is set to expire in early May 2016.<\/p>\n 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.<\/p>\n Finance and e-Government MEC Barbara Creecy announced earlier this month that Gauteng will fund 50% of the shortfall on this project.<\/p>\n Additional disclosure by the Electronic Tolling Company on e-tolls:<\/strong><\/p>\n Government to pay half of the e-toll fee shortfall<\/a><\/strong><\/p>\n Sanral in new push to \u2018criminalise\u2019 those not paying e-tolls<\/a><\/strong><\/p>\n E-tolls collapsed a long time ago: Outa<\/a><\/strong><\/p>\n\n
More on e-tolls<\/h3>\n