Reitumetse Makwea
Digital Intern
2 minute read
12 Oct 2021
5:45 am

Sanral blames e-tolls impasse for R14.5 billion loss

Reitumetse Makwea

The road agency’s annual loss and spiralling liabilities have led the auditor-general to question the company’s ability to continue as a going concern.

The SANRAL Head Office in Pretoria, 27 May 2021 . Picture: Neil McCartney

The South African National Roads Agency (Sanral) has blamed its massive annual loss of R14.5 billion – and the ballooning of its liabilities to more than R140 billion – on “the lack of revenue opportunities”, mainly from e-tolls, which motorists are still boycotting. Sanral general manager of communications and marketing Vusi Mona said that while the impass over e-tolls continued, Sanral had been unable to focus on that “revenue opportunity”. “The one [opportunity] that leaps out and is controversial at the moment is the e-tolls,” said Mona. The road agency’s annual loss and spiralling liabilities have led the auditor-general to...