For whom the bell e-tolls

This past week there was a celebration over the apparent end of the Gauteng e-toll project. In the mini-budget, the Minister of Finance announced that the national government and Gauteng provincial government will take over the debt and interest obligations and that maintenance of the highway network must be financed by the province in the future with tolls or from other sources. However, the ANC government in the province has said on numerous occasions that it is not right that the province's residents have to pay e-toll for their highways. So it looks like the end of the system. This has important implications. * The Economics Minute is supported by the NWU Business School.