| The South African National Roads Agency Limited (SANRAL) has announced its toll tariff adjustments, which will be effective as from 1 March 2008. This annual adjustment is effective on all national toll routes in the country and has been approved by the Minister of Transport, Mr Jeff Radebe, MP. The nominal tariffs are adjusted in accordance with the Consumer Price Index (CPI) to ensure that the increases remain fair and are not excessive. “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,” says Nazir Alli, Chief Executive Officer of SANRAL. |