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.”
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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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