[cape_town] - Transport department transfers R5.7bn to Sanral's toll road network

  |   Cape_Townnews

CAPE TOWN - The Department Transport has transferred R 5.7 billion in its medium-term budget appropriation to the toll road network of the South African National Roads Agency (Sanral), Transport Minister Blade Nzimande said in a statement on Monday.

Nzimande said the transfer was a strategic intervention by the department to deal with the non-payment by the Gauteng road users of the Gauteng freeway improvement project (GFIP).

“As a result of Sanral’s toll network experiencing financial difficulties and to ensure that Sanral complies with its payment terms to investors, as well as to maintain the toll network across the country, funds were transferred from the non-toll network to the toll network,” he said....

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