Sanral lost over R640m in revenue during hard lockdown, CEO Macozoma reveals

JOHANNESBURG – The South African National Roads Agency (Sanral) has admitted that its revenue collection through tolled roads dropped to unprecedented levels during the nationwide lockdown, resulting in a loss of more than R640 million.Eyewitness News sat down with the roads agency’s CEO Skhumbuzo Macozoma for a wide-ranging interview.During Gauteng Premier David Makhura’s State of the Province Address, he said that the provincial government had made a strong and persuasive case to national structures that e-tolling should be scrapped.More than six years after the gantries went live, there’s still no consensus about the future of the contentious system.The COVID-19 pandemic has hit many businesses right in the pocket and it was no different for Sanral.The lockdown period resulted in fewer cars on the highways, which meant fewer motorists to cough up under the gantries.Macozoma said that during level 5 hard lockdown, traffic levels dipped to only 25% which meant that 75% of the normal traffic was not on the roads during that time.This cost Sanral more than R300 million in projected revenue.“At level 4, we calculated a further loss of revenue of some R140 million. Under level 3, we still suffered quite a significant loss at R200 million,” Macozoma said.Sanral has been gripped in financial difficulty with many motorists refusing to pay their e-tolling bills in Gauteng for several years, with people either unable to pay or simply unwilling to fork out for a system they did not support.The economic crisis as a result of COVID-19 has pushed Sanral even further down the financial cliff.Download the EWN app to your iOS or Android device.Source: EWN

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