Auditor-general raises concern about Sanral’s ability to continue as a going concern

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South Africa Headlines News

The road agency’s cash flows have been hit by motorists refusing to pay e-toll fees

The auditor-general has raised doubt about the going-concern status of the SA National Roads Agency , citing uncertainty about e-tolls.

The agency, still struggling to generate cash from e-tolls, is one of many state-owned entities that rely heavily on government support.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

 

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No surprise there...

Is there any institution the MYANC has not yet phucked up? CyrilRamaphosa PresidencyZA zizikodwa MbalulaFikile GwedeMantashe1 Derek_Hanekom DrZweliMkhize NalediPandor

Easy. Disband it. Go back the Dept Roads and Works model of insourcing.

Anc kills everything 😂😂😂😂😂

Close that bunch down and get a proper ethical and moral organisation going.

Oh no. What a loss that would be.

Unathi_Kwaza It is really comforting to see all these concerns about the comings and goings of concerns.

Someone I know VERY well signed SANRAL's Audit Report in 2002,and ALREADY issued that warning then;People in power JUST DO NOT LISTEN in SOUTHAFRICA;Instead they concocted'plans'to waste Billions on Etoll-setup to save that SOE;Now its WORSE;Works every time!

The result of their arrogance becoming real. 👍

Yhoo!! ETolls taking their toll

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