Toll roads generate R230 million a month

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Rowland Chukwuemeka Amaefula

A leading South African economist, Mike Schussler, says that motorists will have to pay about R230 million to the toll road operating company and this will hike inflation for the country as a whole.

Road near Alberton, Gauteng. (Image: Michael Denne, Hobart, Australia, via Wikimedia Commons)

In an article by City Press published by News24 Schussler says that two-thirds of this income will come from motorists and the balance from trucking companies.

Economist with the Congress of South African Trade Unions, Chris Malikane says that it will cost commuters in excess of R500 a month to make the trip between Johannesburg and Pretoria.

City Press reports that Electronic Toll Collections, a local joint venture company, was awarded the R6,2-billion tender to design, build and operate Gauteng's toll roads. Electronic Toll Collections is effectively owned by a Vienna-based company Kapsch TrafficCom, which has an 85% stake in the local operation.

City Press says that 85 cents of every rand profit will be paid to Kapsch.

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