Government support the only way, says taxi industry

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The price of petrol continues to rise but commuters cannot afford a ticket hike and minibus, metered taxi and e-hailing drivers are still struggling with COVID setbacks.

Escalating fuel prices are devastating a transport industry that had barely recovered from the restrictions imposed during COVID-19 lockdowns. Drivers and owners of minibus taxis, metered taxis and those in the e-hailing industry in South Africa are feeling the pinch.

Mokoena spends well over R3,000 a week on fuel. “To make your day’s target, you must spend money on petrol. By the time you make R1,000, you have already spent a lot of money on petrol. I have two children and a wife. I am the only one who works. I must pay school fees monthly. It is difficult to manage all these things.”Escalating fuel prices and the documented exploitation of e-hailing drivers forced them to take to the streets in March.

In an attempt to ease the pressure on consumers, financial institutions introduced a three-month payment holiday on car and home loans in late March 2020. Mokoena didn’t qualify as he was already behind on his payments. “That really impacted me. And I know that a lot of Uber drivers are really struggling. Even today, I am behind with my car payments. I am in arrears of about R8,000,” he says.

Malele says this is not enough for the minibus taxi industry considering operational, maintenance and fuel costs, loan instalments that range from R12,000 to R15,500 a month, drivers’ wages and profit for the taxi operator.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

With sincerity and gratitude in my heart I am sharing this testimony so other people will know that this platform is really legitimate am grateful AmelieBtc1

The taxi association wants support, what about the other businesses that also need petrol for them to run a business. Or businesses that need petrol to run generators to conduct business. When will the taxi support road rules? Pay taxes, register their taxi businesses with SARS?

No taxes no help

The Taxi Mafia must be scaled down..way down..

So they’re admitting that they have an inefficient and non profitable business model that can only survive with government handouts and a blind eye when it comes to taxation? Ok

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.

Teboxemeka hopes latest collection will have positive impact on taxi industryEyewitness News caught up with Tshepiso Makoni and Tebogo Losaba, the founders of Teboxemeka, who hope to impact the taxi industry and show their appreciation for it with their art.
Source: ewnupdates - 🏆 30. / 53 Read more »