{"id":17840,"date":"2022-04-26T12:51:17","date_gmt":"2022-04-26T12:51:17","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/rfa-fears-electric-vehicle-revolution"},"modified":"2022-04-26T13:02:24","modified_gmt":"2022-04-26T13:02:24","slug":"rfa-fears-electric-vehicle-revolution","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/rfa-fears-electric-vehicle-revolution","title":{"rendered":"RFA fears electric vehicle revolution"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>ROAD Fund Administration CEO Ali Ipinge stated that structurally, the roads sector is going through a major transition caused by technology and innovation in the motor industry.<\/p>\n

He noted that the emergence of electric vehicles, coupled with the introduction of fuel-efficient vehicles, may result in good news for consumers. But for road funders like the Road Fund Administration (RFA), it may cause major disruptions in generating revenue.<\/p>\n

\u201cThis poses a huge future sustainability challenge as in spite of these positive innovations, roads will still need adequate funding and maintenance,\u201d Ipinge stressed.<\/p>\n

The RFA\u2019s revenue is collected from a number of road user charges (RUCs), which constitute fuel levies, annual motor-vehicle licence and registration fees, cross-border charges (CBCs), mass distance charges (MDCs), abnormal load fees, cross-border road transport permits as well as domestic road carrier permits.<\/p>\n

RUCs collected showed 54.4% came from fuel levies for the reporting period, 33.3% from annual motor-vehicle licence and registration fees, 5% from cross-border charges, 0.5% from abnormal load fees and road carrier permits, and 6.8% from mass distance charges (local and foreign).<\/p>\n

This was covered in the RFA\u2019s 2021 integrated annual report recently tabled in parliament. The completion of the road maintenance costing study gave excellent baseline data on the unit costs of road maintenance projects and cost drivers.<\/p>\n

\u201cIn essence, year-on-year revenue declined mildly due to reduced opportunities to collect revenue as Covid-19 restrictions on movement were enforced.<\/p>\n

During the initial stages of the pandemic, which affected this reporting period, we were forced to trim our budget by at least N$182 million,\u201d explained Ipinge.<\/p>\n

By extension, this revision had an impact on what could be invested in road projects. Despite this, the RFA generated N$2.2 billion and invested N$1.7 billion towards the management and maintenance of national roads infrastructure.<\/p>\n

Subsequently, a surplus of N$87 million was achieved during the reporting period. The 2021 financial year is the second year in RFA\u2019s integrated strategic business plan (ISBP) 2019 \u2013 2024.<\/p>\n

In these challenging times, Ipinge said priority was to balance the competing needs of effectively managing Namibia\u2019s RUCs with strategic goals that shape the future of the organisation.<\/p>\n

\u201cIn essence, a key deliverable in our resilience to Covid-19 was embedding anti-fragility across the organisation to increase our ability to manage and thrive through major disruptions.<\/p>\n

Holistically, the road sector remained resolute in its quest to ensure socio-economic sustainability for the future. This is premised on the notion that efficient roads infrastructure is a critical enabler of economic recovery, post Covid-19,\u201d he stated.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. ROAD Fund Administration CEO Ali Ipinge stated that structurally, the roads sector is going through a major transition caused by technology and innovation in the motor industry. He noted that the emergence of electric vehicles, coupled with the introduction of fuel-efficient vehicles, may result in good news for consumers. But for road […]<\/p>\n","protected":false},"author":84,"featured_media":17839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,236,233],"class_list":["post-17840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nRFA fears electric vehicle revolution - Namibia<\/title>\n<meta name=\"description\" content=\"ROAD Fund Administration CEO Ali Ipinge stated that structurally, the roads sector is going through a major transition c ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/rfa-fears-electric-vehicle-revolution\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RFA fears electric vehicle revolution\" \/>\n<meta property=\"og:description\" content=\"ROAD Fund Administration CEO Ali Ipinge stated that structurally, the roads sector is going through a major transition c ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/rfa-fears-electric-vehicle-revolution\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-26T12:51:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-26T13:02:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/04\/postQueueImg_2-6267ed328beb3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"479\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/rfa-fears-electric-vehicle-revolution#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/rfa-fears-electric-vehicle-revolution\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"RFA fears electric vehicle revolution\",\"datePublished\":\"2022-04-26T12:51:17+00:00\",\"dateModified\":\"2022-04-26T13:02:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/rfa-fears-electric-vehicle-revolution\"},\"wordCount\":428,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/rfa-fears-electric-vehicle-revolution#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/04\/postQueueImg_2-6267ed328beb3.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/rfa-fears-electric-vehicle-revolution#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/rfa-fears-electric-vehicle-revolution\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/rfa-fears-electric-vehicle-revolution\",\"name\":\"RFA fears electric vehicle revolution - 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