Mboweni slams Sanral for e-tolls debt decision

The minister says the country isn’t sending a good message to bond markets.

Speaking during a media briefing introducing the new commissioner of the SA Revenue Service Edward Kieswetter, Mboweni said the user-pay principle was a culture that had to permeate through South African society. “It’s a very bad decision. They should never have taken that decision. It is not helpful in the bond market. It is undermining what we have said in the budget, that we support the user-must-pay principle, and they must reverse that decision immediately, or else this has implications for the bond market, the fiscus and their own credit rating.

Sanral on Wednesday said it would stop pursuing historic debt and summonses applied for since 2015, after a request from President Cyril Ramaphosa to address the e-tolls payment impasse.

Tito can go fly a kite, we pay enough taxes/levies as motorists. Etoll was never an agreement, but forced down our throats. Perhaps Tito can go collect all the monies owed by municipalities & individuals for electricity & other services, why should GP motorists suffer unfairness

Nobody takes this idiot TitoMboweni seriously! He is not for the people, he works for a golden star on his forehead from ratings agencies; he is a Traitor !! All the ANC bosses are sidelining his policies of supporting his white slave owners & he must be taken out.

South Africa doesn't only have a racism problem, but also an emerging class problem. The ANC elite is unhinged since the rise of Thumamina

I agree with Tito pay etolls

Sorry tito_mboweni remember the ANC government did not build these freeways that you have tolled. You can build new freeways and Etoll them.

It is not a nice thing to say but we must remind both MYANC

Basically tito_mboweni can go and tell his bond market friends we do care. A country is not built by the bond markets and those in government who don’t have ideas on how to create good paying Jobs and broaden the tax base . He want an easy way out. SA in not first world country

This one is annoying

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Mboweni: Sanral must reverse 'very bad' decision on e-toll debtFinance Minister Tito Mboweni says he is 'very unhappy' with the Sanral board's decision to temporarily suspend summonses to recover e-toll debt must be reversed. Fin24 ey lobaba lo, we have a problem with this finance minister Fin24 And rebuild the Berlin wall while we're at it. Fin24 Its not gonna happen,that's why you didn't address it in your budget speech.
Source: News24 - 🏆 4. / 80 Read more »