Zimbabwe's National Road Administration (Zinara) is preparing to roll out new toll fees in line with Finance Minister Mthuli Ncube's 2024 budget, set to take effect this Friday.
These adjustments will impact various vehicle categories and are aimed at channeling generated revenue to the Consolidated Revenue Fund.
The upcoming changes will see tollgate fees for premium roads such as Harare-Beitbridge and Plumtree-Mutare experiencing a significant 100% increase, aligning with the directives outlined by Minister Ncube. The increased revenue from these toll fees will be channeled to the Consolidated Revenue Fund to support national initiatives.
The adjustments will affect different vehicle categories. For light motor vehicles, the current flat fee of US$2 will rise to US$5 on designated premium roads and US$4 on other routes. Minibus drivers, who currently pay US$3, will face new charges of US$8 on premium roads and US$6 on other routes.
The changes also impact bus fees, which are set to rise to US$10 on premium roads and US$8 on other routes, up from the current US$4. Heavy vehicle operators, currently paying US$5, will experience hikes to US$15 on premium roads and US$10 on other routes starting January 1 next year. Haulage truck toll fees will be set at US$25 and US$20, respectively.
In terms of payment requirements, foreign-registered vehicles will be mandated to pay toll fees in United States Dollars or equivalent foreign currencies, while locally registered vehicles may use the local currency at the prevailing exchange rate.
To ensure transparency and effective accounting of the funds, Minister Ncube emphasized that the increased fees' revenue would be contributed to the Consolidated Revenue Fund. In line with this commitment, ZIMRA will be installing a virtual fiscal solution at all toll gates.
These adjustments mark a significant shift in tollgate fee structures and are set to impact both commuters and the transportation industry at large.
The upcoming changes will see tollgate fees for premium roads such as Harare-Beitbridge and Plumtree-Mutare experiencing a significant 100% increase, aligning with the directives outlined by Minister Ncube. The increased revenue from these toll fees will be channeled to the Consolidated Revenue Fund to support national initiatives.
The adjustments will affect different vehicle categories. For light motor vehicles, the current flat fee of US$2 will rise to US$5 on designated premium roads and US$4 on other routes. Minibus drivers, who currently pay US$3, will face new charges of US$8 on premium roads and US$6 on other routes.
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ZINARA Announces 2024 Budget Tollgate Fee Adjustments: Changes Coming This Friday. |
In terms of payment requirements, foreign-registered vehicles will be mandated to pay toll fees in United States Dollars or equivalent foreign currencies, while locally registered vehicles may use the local currency at the prevailing exchange rate.
To ensure transparency and effective accounting of the funds, Minister Ncube emphasized that the increased fees' revenue would be contributed to the Consolidated Revenue Fund. In line with this commitment, ZIMRA will be installing a virtual fiscal solution at all toll gates.
These adjustments mark a significant shift in tollgate fee structures and are set to impact both commuters and the transportation industry at large.
As Zinara moves forward with these changes, the focus on transparent revenue management is positioned to bring about greater accountability and support national development efforts.