The tariff adjustments will be affective on 1 March 2008.
This means that a return trip from Johannesburg to Durban will cost a light vehicle motorist about R267 compared to the R246 motorists are currently paying. This is an increase of about R21.
“Roads are the backbone of our country's economy. Toll financing allows government to add capacity (new highways or additional lanes) that cannot otherwise be funded under current and projected transportation budget scenarios.
“This financing ensures that transportation facilities are built and maintained without diverting budget resources from other state and local public works deliverables,” said SANRAL Chief Executive Officer, Nazir Alli.
This annual adjustment is effective on all national toll routes in the country and has been approved by the Minister of Transport.
The nominal tariffs are adjusted in accordance with the Consumer Price Index (CPI) to ensure that the increases remain fair and are not excessive. CPI measures of consumer's inflation.
Toll tariffs charged are used for continuously upgrade, maintain and rehabilitate the roads.
Article published courtesy of BuaNews
