Unlike SA, which has Sanral’s loss-making e-toll system supposedly backing road development, Angola has gone the easy, fuel levy route.
A quarter of the new tax revenue on fuel in Angola will be channelled into road repairs and development, according to a presidential decree.
The decree, approving the statute for the fund, stipulates that 25% of the revenue of the new 5% tax on fuel prices, which has yet to be set, will be consigned to financing the Road Fund.
Added to that will be half the proceeds from the payment of road tax, and 25% of consumption tax on lubricants, tolls and vehicle import taxes, according to Portuguese news agency Lusa.
