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Taxi industry ‘pleased, excited’ by new recapitalisation plan

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Sverige Senaste nytt,Sverige Rubriker

The minibus scrapping allowance will be raised from R91,100 to R124,000 per scrapped old taxi, a decision welcomed by the industry.

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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