VEHICLE REGISTRATION FEES TO BE CUT BY HALF

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VEHICLE REGISTRATION FEES TO BE CUT BY HALF | Government is finalising the slashing of transporter service fees and vehicle registration charges by almost 50 percent as part of measures to improve the Ease of Doing Business and open the sector to investment.

VEHICLE REGISTRATION FEES TO BE CUT BY HALF

Transport and Infrastructure Development Minister Dr Joram Gumbo confirmed the fees reduction, saying those working on the matter would issue a public announcement soon.

He said responsible departments were given time to highlight why some fees could not be reduced, before a comprehensive report could be released. “At the moment, the issue is being handled at the responsible departments and we gave them time to compile the figures and once all is submitted, then we will make an announcement,” said Dr Gumbo.

The Herald is reliably informed that the same initiative is being implemented at the Central Vehicle Registry (CVR) to ensure individuals and businesses are not overburdened by the costs that are fairly low in other countries in the region.

Information gathered points that at CVR, acquisition of number plates which costs around $160 for motor vehicles and $140 for a trailer or motorcycles, will be reduced by 50 percent.
South Africans pay R180 ($13,80) for the same services. Transporter service fees for cross-border trucks including licensing fees ($140), Bilateral Cross-Border permits ($150) and VID Certificate of Fitness ($25), will all be halved.

There are also considerations to reduce the replacement cost for a damaged or lost number plate in respect of number plates for public service vehicles and private vehicles from $160 and $140 respectively, to $90 and $75.

The director of Transport Management in the Ministry of Transport and Infrastructural Development Mr Allowance Sango has since indicated that the fees would be slashed in line with the Ease of Doing Business reforms.

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