The “financial trainwreck” that is the Gautrain….
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- Опубліковано 14 жов 2024
- The Automobile Association (AA) has slammed the Gauteng provincial government for wanting to spend R120 billion on extending the Gautrain service. In this interview with BizNews, the AA’s Layton Beard points out that billions of Rands of Gauteng taxpayer’s money has already been paid to the operating company Bombela since 2012 through the Patronage Guarantee “due to the actual revenue and ridership being significantly below the minimum required total revenue projections”. The expansion plan was announced by Premier Panyaza Lesufi despite the MEC for Finance and Economic Development, Lebogang Maile’s recent warning that the province is on the brink of potential bankruptcy because of its commitments, among other things, to e-toll debt.
Video production by Gift Chiumia and Rex George
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Math should really be a compulsory qualification for politicians before they can stand for election. Common sense and an IQ test result above 5 too.
The problem is that common sense is not common to everybody.
True that.😮@@GT-zx2ru
Lesufi is like a bull in a China shop,what happened to the 18 hospitals he was going to buy for his own NHI. 😂😂😂😢😢😢 Sad
Follow the money - therein lies the answers...
That was my very first thought
AA is looking after our safety because government feels zilts. WTF😢😢
Gautrain works ..need to find a way to make it profitable
Anc is a train wreck without a train; major incompetence; citizens want the railroads and busses back that Anc destroyed 😢
The cost of the Gautrain must come down and it must expand it's rail network across Gauteng.
we had a rail network in Gauteng. It's no longer serviceable courtesy of the ANC and it's looting buddies.
The Gautrain is far too expensive for myself and the masses
There is metrorail for you.
The majority of people who use Gautrain. from Hatfield, arrive in taxis or walk over from the Prasa train station. The parking lot certainly doesn't have Porsche and Ferrari cars - most are mid range, older models. The only time I've seen top range vehicles, is in the long term parking and, presumably, people who have gone to the airport.
Yes, I think Gautrain is far too expensive. It is, however, the safest and most reliable public transport in the province. If it had a better coverage, I'm sure more people would use it and, hopefully, the price could be reduced.
AA will lose its market share if the Gautrain is to succeed 😅. Pinch of salt
Thank goodness enterprises like the AA still exist
The taxi industry will never allow buses to operate .
It is all good and well to use the Gautrain, but if you can't even get an Uber from the station to your guesthouse, what is the use. I used the Gautrain from OR to Pretoria. Got there and had to walk 300m to a petrol station before an Uber would pick me up.( This due to the taxis, not allowing Uber near the station) Would have been much easier to rent a car at OR.
It is also very dangerous to walk on your own from the station to the garage. Never will I use the Gautrain again
To be honest, the guatrain as it stands now was built so professionally, well planned, but only affordable to a certain group(financial) its a very sensitive issue to expand or not.
All AA points are valid. Unfortunately thanks to ANC gov policies only 1/3 of population pay taxes as remaining about 2/3 is on some form unemployment benefits. And no end to BEE...E ...
and other pseudo philosophical economic ideas.
🤔🫣🤫🤔🤑
Expanding the Gautrain will increase the number of people using it, which means more revenue
Listening for comprehension is clearly a challenge for you.
@@UsaqMadiq I know what I'm talking about, I've written papers on why expanding the Gautrain will increase its revenue. Stop being a sheep and listening to whatever the AA says, I know it hurts when you try to think but please use your brain this one time
At the moment the business plan writers are incentivized to make a profitable and unrealistic plan.
A simple solution would be to put in a clause in the debt contracts that cancels loan repayments on the loans when the ridership numbers (measured as revenue) are not being achieved.
When gautrain started, some people said it was a white elephant and now others are against expansion. There are other trains for people who can't afford gautrain.
Its because they want people to continue buying cars this is ridiculous
There is no public transport in the world that isn't subsidized.
We need the gautrain to expand... I agree it needs cheaper classes and needs more reach but the potential the gautrain can offer is unlimited.
Thousands of lawsuits were filed against the building of the Golden Gate Bridge in San Francisco by the ferry companies. Something to consider
Park and ride,,,,,, 1st world not 3rd world. Why not spend this money on Transnet.?If this goes ahead, the fat fingers will get fatter😂😂
My young days i had a choice to travel by train or bus. Busride i had to walk a long distance to catch the bus but it dropped me infront of my workplace. Travel by train only short distance to catch train but walk a long distance but it was still worth traveling either way. I enjoyed the travel time with many friends met during the trips.
I last used the Gautrain in 2011, Jhb to Pta --
Taxi R15 to Jhb station, R90 return to Pta, R15x2 to Zambia visa office then to Gautrain to Jhb & R15 home. I doubt it is affordable transport for the general population.
Gautrain is way to expensive. So glad I have a car.
Considering the Gautrain in Pta - A station in Menlyn would have made way more sense than these weird way out far-flung places where few people are (except for Mams).
I agree buses are necessary, but so are the trains, all tiers.
I agree. The Gautrain is a waste of public money. We should also check the MyCiti bus system (in Cape Town) which seems to be a similar "patronage guarantee" vanity project.
Clearly a corrupt deal, from inception. Payback for anc ❤❤❤
What a lot of kak! The trains are super busy when I road the train!! It took a ton traffic off the roads and gave me two hours a day back day. Was expensive but worth it!
A few years ago there was, in regard to the Gautrain, an issue about water usage in the tunnels.... something to do with cooling the tunnels. If this is still so, and given Gauteng's problem re water, can Gauteng still justify the use of that amount of water? (Apiligies for not having access to the source re water & the Gautrain.
Can't we make more transport options, rather than investing more in one transport system? Can we invest more in reliable and safe transport from townships to the existing Gautrain stations? I know, this is how the most developed countries work.
Other point to be made instead of bailing out concessionaires: What about funding PRASA which has the network and now new trains able ferry the miliions needed in that province. It desperately needs more funding and unlike Gautrain it is affordable and seems to be improving
PRASA is being fixed but it's rail network was built in the old days and doesn't cover new areas that have come up like Fourways, Lanseria airport etc.
This project needs to be scaled down immensely, you need to give the example of the UK's HS2 high speed railway extension that cost 10 times more than budgeted... Google Why high-speed rail projects like HS2 cost 10 times more in Britain
Sadly SA had a great functional railroad in 1994; from Spoorweg & Hawens; Transnet to Praza; Anc sold out railroads as scrap to China and Africa; now we are spoorloos and lewensose hawens; corruption destroyed all soe's 😢
@@monicakieck7501 All SOEs should have been privatized before 1994 and there should have been 10 innovative railway companies instead of 1 SOE under poor leadership. The free market.
@@WynandMeyering sad issue is that all soe's were profitable; like mossgas; not even operating; walk with the wize and become wize; walk with idiots and stay stupid; just sad that SA is now a gangster state; the chief gangsters have no lost control of the little gangsters
@@monicakieck7501 We could have spend 1,000 times more money exploring for oil and we would have discovered enormous reserves by now... instead that money was wasted on 400 municipal cities that are completely mismanaged...
@@WynandMeyering 💯
tenderpreneur opportunities designed by ANC officials in order to award tenders to buddies and receive kick backs.
Great to have a first world, safe commuter option for those who can afford it. There are other mobility options for those in a lower income bracket. On the one hand you are saying that there appears to be financing available with private partnerships and on the other you are saying that this is going to cost the tax payer? Possibly it's the business model that needs to be tweeked?
Gauteng is wasteful and leaves out the majority of commuters.
It's a nice cash cow.... Oviaaas!
I agree common sense should prevail which our countries leadership is seriously lacking. Just consider road network to be upgraded to ensure current traffic not to be burdened.
Who trusts Lesufi?
a Express Train between JHB and CPT will work...?
Are some of these entities and services for the public good?
I’m not saying we want them to run at a loss, but Eskom, Gautrain, public busses, schools and universities, public healthcare are services for public good.
I don’t know if capitalism solves all needs, especially public good.
Well expanding the Gautrain will provide larger kick backs to a smaller group of people than it would if we expanded to a larger bus mass transport for lower to middle income people. The aim in south Africa is for fat cats to get fatter.
Public transportation isn't meant to be profitable. It's not even expected to break even, and that's okay. I don't know where people get such ideas. Yes It has to be run well but profit is not the aim. Germany isn't making a profit. I can't think of a country whose mass transit system isn't subsidized by the government. Even european countries that have legacy systems the catered for the majority still need government subsidy.
Build it ... don't listen to this man
Mobility moving goods + ppl is how China lifted 800,000 million ppl out of poverty since the late 1970's - by upgrading their road + rail systems.
SA only have a taxi industry + a long distance transport system that gets sabotaged more often than not. The country will never be a modern economy with just a strong taxi industry, no trains + roads full of potholes. We will be a 2nd Cuba in the very near future if we carry on with what we now have.
In mega cities abroad public transport is more convenient + customer friendly than having millions of cars constipating the flow of ppl + goods.
SA do not plan for the future - how many ppl will need transport in 10 + 20 yrs time for its growing population? No one knows because no one calculates or plans.
12:24 how much is Uber for the same trip. You have to catch 2 taxis for that trip.
Should be made to serve the poor more, which he then says moments later is not sustainable. Middle class are also those clogging up the roads with said SUV's, burning the most fuel per capita, often driving completely alone, and who are willing to support the gautrain because it makes their lives easier. Whereas if you eat into the Taxi industry, they don't like it all that much.. You may have a "lobby" problem, more than a math problem.
Metro rail
What do the taxi services think about this , extending the gautrain will it effect their income?
Reads like gravy train corruption.
Acid test - why is there no private only participation. Answer, it is not sustainable as is. Just another SA grift. Agree wholeheartedly with AA. I am all for trains, but find a financially sustainable solution. At the very least, show that the existing line(s) can be profitable.
I hate the AA, false information peddling, why are they promoting car culture instead of public transport???! She doesn’t even ask him any hard questions, poor poor journalism. As it stands he wants more busses on the roads, while we have so much congestion across Gauteng as it stands. Jou kop Raas Tjomma.
They buld gautrein but there is rails alover south afrika they must just step up repairs
Sorry to burst your bubble, but all over the world train stations are being built in places where people can park their cars and then get the train, it is called "Park & Ride" why can't you understand that? It is to encourage people to leave their cars in one place and then take public transport forward. What do you want to happen? You are saying the right things but you are not even getting close to a solution for which is obvious a political problem. Or is it just AGAIN a racial issue where it depends on who came up with a solution rather than GETTING THE JOB DONE. Get the job done, vote the ANC out and you can run the country, Right? for the mean time the more people scream and shout the more the Radical Left/Communists will row against the stream, or are you rowing against the stream?
And it keeps the cars of the highway, which helps those who must drive a car. I have also used the Gautrain and it works very well. Expanding the Gautrain system might actually now extend to those he says are not being serviced.
The AA is car-centric so they will obviously lean more towards vehicles. It's part of where their profits come from but they need to somehow make it seem as though they're not car-centric.
Wow. What is it with you people. Everything is about race with you. It's obviously not profitable which has nothing to do with race.
@plaxci I agree. If he was on arguing for cheaper vehicle pricing by the monopolies I would understand.
@erikascheepers2375 100% correct.
Another white elephant apology for the word WHITE 😂😂😂😂😂😂😂
If our quarrels were as funny, we would always make up with laughter😘