{"id":372758,"date":"2020-02-11T07:26:37","date_gmt":"2020-02-11T05:26:37","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=372758"},"modified":"2020-02-11T13:45:02","modified_gmt":"2020-02-11T11:45:02","slug":"new-toll-prices-for-south-africa-including-e-tolls","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/motoring\/372758\/new-toll-prices-for-south-africa-including-e-tolls\/","title":{"rendered":"New toll prices for South Africa – including e-tolls"},"content":{"rendered":"

Minister of Transport, Fikile Mbalula, has gazetted the new toll tariffs for 2020. The gazette outlines the fees for toll roads across the country which are set to come into effect on 1 March 2020.<\/p>\n

In a statement on Tuesday (11 February), Mbalula said that the tariffs have been approved with the current inflation rate used as a guide.<\/p>\n

The gazette also includes the fees schedule for the controversial Gauteng Freeway Improvement Project (GFIP) – also known as e-tolls.<\/p>\n

E-tolls have met with resistance from road users since inception in 2013, leading to non-payment by many, and calls to scrap the system altogether.<\/p>\n

At the end of last year however, finance minister Tito Mboweni said that the system cannot be scrapped<\/a> <\/strong>unless a replacement revenue source is found.<\/p>\n

Mboweni said that financing the GFIP is done on a corporate finance basis and not a project finance basis.<\/p>\n

This means that borrowing for toll roads is done on the basis that there is a revenue stream to finance the debt, he said.<\/p>\n

\u201cA significant portion of the South African National Roads Agency\u2019s existing debt was to finance the upgrade of roads on GFIP and it requires a revenue stream to finance it, so e-tolls cannot be abolished without a revenue stream to finance existing commitments.\u201d<\/p>\n

In November, Transport minister Fikile Mbalula said that cabinet has not made an official\u00a0decision<\/a>\u00a0<\/strong>on the future of e-tolls.<\/p>\n

You can find a breakdown of the new toll tariffs below.<\/p>\n

\n

Platinum toll road<\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

Gauteng Freeway Improvement Project Toll Roads (E-tolls)<\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

North Coast, South Coast, and Magalies toll roads<\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

N4 toll road<\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

N3 toll road<\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

Read: Stop roadblocks and police traffic congestion during load shedding: AA<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Minister of Transport, Fikile Mbalula, has gazetted the new toll tariffs for South Africa’s national roads for 2020.<\/p>\n","protected":false},"author":10,"featured_media":12007,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11119],"tags":[26],"class_list":["post-372758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-motoring","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/372758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=372758"}],"version-history":[{"count":18,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/372758\/revisions"}],"predecessor-version":[{"id":373074,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/372758\/revisions\/373074"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/12007"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=372758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=372758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=372758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}