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Some good news - all that toll fee money will be going somewhere
I see - and there is always good news behind the bad news - that naturally these toll roads are going to be running at a profit and some companies are really going to be doing very well out of this new SANRAL project. Apparently, a foreign-owned consortium will be making more than R4 billion from running our toll roads and an Austrian headquarter company, Kapschtraffic.com ag will be doing very well out of the project. One would have thought, in a developing economy, that the last thing you can do is to afford to cripple anybody with transport costs, while doubling up on the electricity charges over a few years, and that those toll roads would really be run on a break-even sort of concept, funding the repair of roads, as we were told would be the case. To now discover that like anything else, it is just a business, designed to run at a profit and what is more, many of those profits will be going overseas, is quite simply shocking. For up to 66c a kilometre one wonders what pressure will be diverted through all the towns and the small roads in an effort to avoid such fees.
Posted by Michael de Broglio on Wednesday 02-Mar-11
Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!