Bikers against E-Tolls SA James Sleigh > Bikers against E-Tolls SA 29th May 2013 The report, released yesterday by minister in the presidency, Collins Chabane, recommends that “funding of social infrastructure, including roads, should have less reliance on the ‘user pays’ principle, and more on taxes”. It says there should be different funding models for economic and social infrastructure, and while economic infrastructure should be funded by users, where relevant, it defines roads as social infrastructure. In addition, the emphasis on taxes and “user pays” funding models should be reviewed, moderated and blended with other options, says the report. It adds the state must “signal unambiguously to financial markets its implicit backing of this form of SOE [state-owned entity] debt because SOEs are strategic”. The report’s recommendations are at odds with the South African National Roads Agency’s (Sanral’s) stated position that the user pays principle is the only way to go 14 minutes ago Lik
Posted on: Mon, 10 Jun 2013 14:12:38 +0000
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