A worker holds a nozzle to pump petrol into a vehicle at a fuel station.They believe that the E-Toll scheme is expected to be scrapped completely because it’s collapsed.
Outa CEO Wayne Duvenage, says, “We do expect that they are going to scrap the scheme because they don’t have an alternative. The scheme has completely collapsed. The big question is, what are they going to announce it with? Are they going to announce an increase in the fuel levy to try to fund the outstanding bonds? That would be a mistake. Now, we all know petrol is extremely expensive and that. So, we believe that would be a bad decision.
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