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In the first six months the overdue toll fees of unregistered road users accrued to R1 billion, and the Gauteng government acknowledged the dissatisfaction of motorists. Sanral CEO Skhumbuzo Macozoma confirmed in Sep 2020 that Gauteng's e-toll compliance rate before the COVID-19 pandemic was at 20%, collecting only R60-million a month.
The market prices of closed-end funds are often 10% to 20% higher or lower than their NAV, while the market price of an ETF is typically within 1% of its NAV. Since the market downturn of late 2008, a number of fixed income ETFs have traded at premiums of roughly 2% to 3% above their NAV. Discounts and premiums