OPINIONISTA: Subsidies and relief packages won’t help to restructure the minibus taxi industry

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 84%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Jacob Zuma’s stolen decade has not only limited the options of Finance Minister Tito Mboweni, but has crippled the ability of South Africa to confront the structural realities of our economy, hastened the demise of rail transport, and hindered meaningful reform of the taxi industry.

There is an urgent need to ensure that the governance gaps and organisational capacity within Prasa are urgently dealt with, although the transport ministry has not yet appointed a permanent board, and the, Prasa’s administrator confirmed five key appointments, including that of chief executives at Prasa Rail, Prasa Technical and Autopax.

Mbalula is currently offering taxi operators R5,000 each in terms of Covid-19 relief. This is allocated in Mboweni’s budget adjustment in the form of R1,135 billion as “a once-off payment for all licenced taxi operators, provided that they are tax-registered and drivers are registered for unemployment insurance”. The taxi industry is demanding more and anthis week abandoned their vehicles, intimidated fellow motorists and blocked highways, leaving commuters across Gauteng stranded.

Critically, President Cyril Ramaphosa has highlighted the value of bringing social partners to the table, and the need for working carefully at establishing a social compact that includes all relevant roleplayers to ensure that we are able to implement real structural changes.

None of this work will simply happen overnight – we will need to confront the elephants in the room, particularly as we need to start developing a real strategy to not simply appropriate public funding once more for the formalisation of the minibus taxi industry.

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:

 /  🏆 3. in İE
 

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

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.

National command council to convene before Mbalula engages taxi industry | CitypressNational command council to convene before Mbalula engages taxi industry The meeting meant to take place between the Transport Minister and taxi associations on Wednesday to resolve the relief payment to be paid to the industry has been postponed.
Source: City_Press - 🏆 7. / 72 Read more »

Nedbank Business Banking offers relief for cash flow pressuresSPONSORED | Nedbank clients need to be in good standing with the bank to qualify for funding, overdraft facilities, bridging finance and payment relief.
Source: BDliveSA - 🏆 12. / 63 Read more »

The taxi industry deserves a full load of respect - The Mail & GuardianIf the government has money to bail out the aviation, energy and broadcasting industries, why can it not help this anchor of our economy?
Source: mailandguardian - 🏆 2. / 92 Read more »