The banking sector is coming to the aid of the struggling taxi industry, transport minister Fikile Mbalula said on Thursday.The banking sector is coming to the party in terms of aiding taxi owners who have suffered during the coronavirus pandemic.
“We have held productive engagements with the Banking Association South Africa on further relief measures they can extend to the taxi industry. We are happy to indicate that the banks have been responsive to our proposals to provide appropriate financial relief,” he said.