The South African National Roads Agency LTD
Prior to the Agency's formation, its responsibilities were in the hands of the now defunct South African Roads Board that, at the time, was an organ of the Ministry of Transport. However, studies revealed that the Department's activities could be more efficiently and cost-effectively undertaken in specialised environments by professionally-managed, arms-length agencies functioning on commercial principles. The Department of Transport therefore restructured and rationalised its operations, establishing four different agencies, of which the National Roads Agency was one.
The Agency And Its Mandate
Established in 1998 in accordance with the South African National Roads Agency Limited and National Roads Act 1998, the Agency is an independent, statutory company registered in terms of the Companies Act. The South African government, represented by the Minister of Transport, is the sole shareholder and owner of the Agency. The mandate...
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