E-Tolls Will go ahead..

E-Tolls Will go ahead..

Government has made it clear that no matter how unhappy motorists are about the activation of e-tolls not much can be done to stop the proceedings. President Jacob Zuma said "E-tolls will go ahead" although communication has not been very effective. 

Head of communications at the GEPF, Khaya Buthelezi, says it is not entirely true that if e-tolling gets scrapped government will have to bail out the civil servants' pension fund.

“The matter from our side as an investor is very simple. When we purchase bonds in the capital market they are guaranteed. In this case, they are guaranteed by government irrespective of the e-tolls. We did not invest in the Gauteng e-tolls. We invested in Sanral.”

He further explains that the reason for the large investment in one entity is that up until last year the GEPF wasn't allowed to invest offshore

The SA National Roads Agency Limited (Sanral) is scheduled to meet the DA to discuss Gauteng’s e-tolls in a hearing with the National Consumer Commission (NCC) on Wednesday (11 April 2012)

Sanral  stated that Motorists are not obliged to buy an e-tag to travel on Gauteng highways.“Sanral would like to clarify that it is not compulsory for road users to buy an e-tag for Gauteng e-tolling. Registering with an e-tag is optional,” the SA National Roads Agency Limited said yesterday.

I guess all that's left is for us to see whether this system will be active and how it will change people's financial statuses. necersarry finicial arrangements will have to be done in order for motorists to be able to afford toll payments and petrol prices