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Gauteng govt pays R3.8 Billion towards e-toll debt.

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GUEST - Wayne Duvenage - CEO of OUTA

Gauteng Member of the Executive Council (MEC) for Finance and Economic Development Lebogang Maile says the province will not go bankrupt.

He was speaking at a briefing on Monday where he outlined the debt repayment structure of the failed e-toll revenue collection project.

The first payment of R3.8 billion has been made and is the first of a five-year plan to cover the historical debt of R12.9 billion.
30 Sep 2024 12PM English South Africa Business News · Investing

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