Sanral: DA e-toll increase claims 'misleading'

The South African National Roads Agency SOC Limited (SANRAL) has dismissed the claims made by the DA on 27 February 2012 as 'misleading and incorrect'.
Sanral: DA e-toll increase claims 'misleading'

In a statement issued today, SANRAL says that it "would like to reassure road users that the tariffs for the Gauteng Freeway Improvement Project (GFIP) will 'in real terms' remain constant."

SANRAL's CEO Nazir Alli stated that toll tariffs, including e-toll, are adjusted annually by the preceding 12 months Consumer Price Index (CPI), as was done historically with toll tariff adjustments for the past 25 years.

Additional income

Additional income reflected for 2012 for the agency will be from the new revenue received when tolling commences on the GFIP at the rates announced by the Finance Minister as well as the N17 toll route between Springs and Ermelo, and the R30 toll route in the Free State, which both commenced at the end of 2011.

In its statement, SANRAL also stated that the evaluation of the toll tariffs carried out by two independent auditing firms, during the consultations by the Ministerial Steering Committee, which were appointed to review the SANRAL financial model and found the inputs, formulae and outputs of the SANRAL Revenue Model to be sound.

Let's do Biz