Share

Collecting tolls will be costly - report

Johannesburg - The income from Gauteng's tolls will mainly be spent again on collecting toll money in the next two years, according to a report on Monday.

This emerged in a reply by Transport Minister Sibusiso Ndebele in the National Council of Provinces following a question from the Democratic Alliance, reported The Star newspaper.

More than 70% of the Gauteng toll income will be used over the next two years to collect toll fees.

Ndebele said the Gauteng tolls should bring in R3.513bn in 2012 and 2014. In that same period, it would cost R2.543bn to collect the tolls.

 
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.10
+0.5%
Rand - Pound
23.80
-0.4%
Rand - Euro
20.45
-0.0%
Rand - Aus dollar
12.40
-0.1%
Rand - Yen
0.12
+0.4%
Platinum
921.40
-1.0%
Palladium
1,029.50
+1.4%
Gold
2,328.31
+0.1%
Silver
27.32
+0.5%
Brent Crude
87.00
-0.3%
Top 40
68,051
+0.8%
All Share
74,011
+0.6%
Resource 10
59,613
-2.2%
Industrial 25
102,806
+1.7%
Financial 15
15,897
+1.8%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders