Taxi industry finally accepts Covid-19 relief funds

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

United States News News

Transport minister Fikile Mbalula says R1.135bn will be shared by about 137,000 minibus, 25,000 meter taxis, and 63,000 e-hailing operators, with each one getting about R5,000 in relief funding

In what the government has described as the first step towards formalising the multibillion-rand taxi industry, sector bosses on Tuesday finally accepted the R1.135bn Covid-19 relief fund. That followed months of intense wrangling, name-calling and protests over the amount and the stringent conditions attached to it since it was unveiled in 2021.

Transport minister Fikile Mbalula said the money would be shared by about 137,000 minibus, 25,000 meter taxis, and 63,000 e-hailing operators, with each operator taking home about R5,000 in relief funding...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines