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Millions of taxpayer's money disappears down taxi industry's dark hole

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Millions of taxpayer’s money disappears down taxi industry’s dark hole: More than R1 billion has been set aside for the taxi recapitalisation scheme yet only 12% of taxis have been scrapped

A recent government gazette signed by Transport Minister Fikile Mabalula gives drivers of

until 31 January next year to hand over their vehicles to the TRSA for scrapping or have them impounded. Subscribe to the M&G today for just R30 for the first three months* to gain access to this story and all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.”

 

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Millions of taxpayer's money disappears down taxi industry's dark holeMillions of taxpayer’s money disappears down taxi industry’s dark hole - More than R1 billion has been set aside for the taxi recapitalisation scheme yet only 12% of taxis have been scrapped But arguably the biggest winner of this epic failure of a program remains SA taxi. They are the largest taxi owner with high interest rates The ANC is a criminal enterprise. Another looting mechanism?
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