Santaco slams government for abandoning taxi industry over plans to formalise it

  • 📰 IOL
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Santaco president Phillip Taaibosch has slammed how the government has abandoned its own formalisation and empowerment plans for the taxi industry almost three decades into the democratic dispensation.

Johannesburg –

Taaibosch said the 1996 national transport task team which was set up by former transport minister Dullah Omar, had focused on the unification of the industr, and eradication of violence and economic emancipation, but that the government over the years had ignored the recommendations of the NTTT. He complained taxis continued to be financed at high interest rates despite Statistics SA showing the taxi industry as the most preferred mode of transport in the country.

Magadzi said the government was pumping money into the industry in a bid to ensure it was recapitalised and modernised, with R7.7 billion having been spent to ensure the scrapping of taxis that were road unworthy and not meeting the imposed specifications of a public transportation vehicle.

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:

 /  🏆 46. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mbalula launches forum to tackle taxi industry issuesTransport Minister Fikile Mbalula hopes the dialogue will help tackle issues such as taxi violence, professionalism and regulation of the industry.
Source: eNCA - 🏆 49. / 51 Read more »

BUSINESS MAVERICK: Round and round they go: Groundhog Day for TelecomsBring down the cost of data, say the people. Give us more spectrum, says industry. It’s coming, says the government. This conversation has been going around the mulberry bush since 2016 with government, its own communication ministers, the independent regulator and other vested interests completely unable to get on the same page. In the meantime, an industry report cautions the government not to slap hefty prices on the spectrum, a windfall the finance minister is already banking on.
Source: dailymaverick - 🏆 3. / 84 Read more »