1bn set aside to assist taxi industry, but terms and conditions apply

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1bn set aside to assist taxi industry, but terms and conditions apply Dumelang Santaco

Following engagements with the public taxi industry to address concerns related to the increase in taxi fares by the sector, Transport Minister Fikile Mbalula says the Covid-19 pandemic has had a devastating impact on families, small business and the economy.

“Government has offered the taxi industry a relief package of R1.135 billion. Reaching agreement within government for this relief support for the taxi industry was a difficult process that involved extensive lobbying and convincing the relevant authorities on the importance and need for this fund.” “We have taken note of the objections of the taxi industry to the effect that the relief support and the formalisation processes should be de-linked. The taxi industry has made representations to us that they are vehemently opposed to the conditions set down for access to the relief support.”• The taxi operations must be formally registered as a business entity;

 

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