Gauteng Pays first e-Toll Debt Instalment amounting to R3.8 Billion
The Gauteng Provincial Government is starting the process to service the historical debt of R12.9 billion in five equal annual instalments at government 5-year interest rate. The first instalment that we are paying today amounts to R3.8 billion, consisting of R3.2 billion (historical debt) and the maintenance portion of R546 million. The implications of the E-Toll debt require the provincial government to manage finances in a prudent manner whilst carefully balancing the service delivery needs of the citizens. #GrowingGautengTogether
