E-tolls: Operational costs exceed revenue by R100 million
A reply to a Democratic Alliance (DA) parliamentary question reveals that next year the projected annual toll revenue on the Gauteng toll route will be R103.7 million less than the cost of toll operation and collection. This shows how much it will cost just to administer the e-toll system - a cost that will be passed on to cash-strapped consumers.
The projected revenue and collection costs on the Gauteng toll route is as follows:
The projected annual toll revenue:
- 2013 financial year - R1.02 billion
- 2014 financial year - R2 .49 billion
The projected toll operations (collection) costs: