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.Another stand-off is looming between the minister of transport and the taxi industry -which has rejected the conditions government has tabled for it to access R1.135bn in relief funds.
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.
The minster has also advised the industry against embarking on a shutdown, saying that it would be counterproductive. Mbalula said that government had gone over and beyond with the R1.135bn package while other industries have received a maximum of R350m.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Taxi industry vehemently opposed to conditions' on R1.135bn relief: MbalulaAnother stand-off is looming between the minister of transport and the taxi industry -which has rejected the conditions government has tabled for it to access R1.135bn in relief funds.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
'Taxi industry vehemently opposed to conditions' on R1.135bn relief: MbalulaAnother stand-off is looming between the minister of transport and the taxi industry - which has rejected the conditions government has tabled for it to access R1.135bn in relief funds
Source: SowetanLIVE - 🏆 13. / 63 Read more »
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 »
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: TimesLIVE - 🏆 28. / 59 Read more »