Transport minister Fikile Mbalula announced on Friday that the government had signed off on the R1.135bn for the taxi industry, which would amount to about R5,000 per vehicle.
Strict conditions will, however, be attached to the relief fund, including that applicants be South African, registered with the department of transport and registered as a business entity for income tax.reported that the taxi industry had told the minister that it sought more than R4bn, which would amount to about R20,000 per taxi. The minster said on Friday that the ask was an impossible one given how strained the fiscus already is.
“Anyone who proposes a shutdown is counterproductive, it will not work. It will shatter the working class and the taxi industry going forward which has already been highly affected by the lockdown from an economic point of view. We don’t need a shutdown and we strongly discourage a shutdown in this instance because there will be no money that will come from anywhere.”
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Covid-19 | Government offers taxi industry R1.135bn relief package“Reaching agreement for this relief support for the taxi industry was a difficult process,' says transport minister Fikile Mbalula
Source: SowetanLIVE - 🏆 13. / 63 Read more »