The taxi industry was pleased and excited by the renewed taxi recapitalisation programme, saying it finally addresses their ongoing concern of a valuable subsidy for better minibus taxis.
Nzimande said: “To fulfil the transformation and sustainability requirements of the revised taxi recapitalisation programme, 60% of the commercial benefits generated by the taxi recapitalisation SA operations will flow to the taxi industry.” “While [the increase] is not responding to the needs on the ground such as foreign minibus taxis being allowed into the country by government, it is something and we will continue discussing with government.”
Anc want taxi industry votes
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Taxi industry welcomes Blade Nzimande's recapitalisation programmeAs transport minister Blade Nzimande announces a Revised Taxi Recapitalisation Programme (RTRP) on Friday, taxi operators say they hope the new scrapping system will come with better benefits and be more transparent.
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