Sanral does have cash
Vusi Mona, spokesperson for Sanral, says that the impression that Sanral is experiencing a cash-flow problem is erroneous.
“It is true that only some nine per cent of non-registered road users pay after the seven day grace period has expired. However, compliance of non-registered users before the seven day grace period expires is at 35 per cent,” he says.
He says Sanral, in fact, has, 1.2-million registered E-tag users and collection from these is going fine.
The agency collected R250.8-m during February.
“There is no cash-flow problem but possibly a misunderstanding,” says Sanral’s financial officer, Inge Mulder.
“In fact, we are satisfied with both registrations and payments made by non-registered users. We have always trusted that the public will do the right thing and pay. This high level of compliance has also meant that we are on track to meet our debt obligations.”
As of February 28, the total revenue transferred to the Violations Processing Centre was R543 544 574, of which R50 043 487 has been paid, representing 9.21 per cent.
“This revenue is the total amount invoiced to road users that have not paid within the seven-day grace period, excluding any discounts that may be eligible at the date of the report,” she says.
Timing of payment has an impact on the amount payable as the different discounts available, changes.
The discounts available to users after the seven-day grace period, is as follows:
* Payment after seven days but before 30 days, receives a 60 per cent discount.
* Payment after 30 days but before 60 days, receives a 30 per cent discount.
If a user registers simultaneously, they will receive a further 6.67 per cent discount. This effectively brings the tariff back to the standard tariff if paid within 30 days.
Even though this means that a road user can pay within 30 days and still only pay the standard tariff, they lose all the other discounts that apply to an E-tag registered user.
