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Sanral reports R29bn in expected losses
The Citizen
|October 15, 2024
The South African National Roads Agency (Sanral) had expected credit losses of R28.7 billion from toll debtors, largely from the non-payment of e-tolls on the Gauteng Freeway Improvement Project (GFIP), at 31 March this year.
It stressed in its 2023-24 annual report that customers are obliged to settle their accounts irrespective of the scrapping of the e-tolls system effective from midnight on 11 April - despite the uncertainty around how and if this can be enforced.
Sanral's board stopped the issuance of summons to the public for statutory debt on 27 March 2019.
The Organisation Undoing Tax Abuse (Outa) previously claimed that much of this debt was prescribed.
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