Gauteng’s R12.9bn e-tolls debt repayment will not further burden citizens – Mamabolo

GAUTENG Finance MEC Jacob Mamabolo has assured Gauteng residents that the repayment of R12.9-billion to settle Gauteng’s portion of e-tolls debt will not further burden citizens of the province, stating that the debt will be paid by optimising existing sources of revenue and introducing alternative sources of revenue.

During the MEC’s presentation of the province’s 2022 Medium-Term Budget Policy Statement (MTBPS) on November 24, he said a memorandum of understanding (MoU) would be entered into between national government and the Gauteng Provincial Government (GPG) that would address the repayment of the debt in accordance with the 30:70 split announced by Finance Minister Enoch Godongwana during the national MTBPS delivered in Parliament last month.

Godongwana said the GPG had agreed to contribute 30% to settling Sanral’s debt and interest obligations, while the national government would cover the remaining 70%.

Godongwana also stated that Gauteng would have to cover the cost of maintaining the 201