The South African National Roads Agency Limited (SANRAL) announced its toll tariff adjustments, which will be effective on (inclusive) 1 March 2010. This annual adjustment is effective on all national toll routes in the country and has been approved by the Minister of Transport, Mr Sibusiso Ndebele, MP. The tariffs are adjusted in accordance with the preceding 12 month Consumer Price Index (CPI). “Roads are not only viewed as the arteries of our country’s economy, but are also crucial for the furthering of Government’s goals to improve the quality of life of all our citizens. The entrenched benefits of roads can only be realised if we have well maintained roads that support South Africa’s economy and social upliftment of its people. The major benefits of roads are the positive impact on relieving social costs, creating access and mobility, enhancing tourism potential, attracting investment, and paving the way for other social services. Our long-term economic success as a nation is inextricably linked to the efficiency of our transport system.” says Nazir Alli, Chief Executive Officer of SANRAL. Mr Alli further stated that toll financing enables government to add capacity (new highways or additional lanes) that cannot otherwise be funded under current and projected allocations from the fiscus. The ‘user-pay’ principle is a constructive means of ensuring the delivery of a well maintained road infrastructure. Income from the tax base is therefore able to meet other prioritised sectors within the broader South African context |