Nzimande vows to transform taxi industry | IOL News

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Nzimande vows to transform taxi industry | IOL News
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Transport Minister BladeNzimande announced different intervention packages aimed at supporting and transforming South Africa’s taxi industry.

Pretoria - Transport Minister Blade Nzimande on Friday announced different intervention packages by government aimed at supporting, regulating, recapitalising and transforming South Africa’s taxi industry – estimated to be the daily carrier for approximately 15 million commuters.

”The department of transport, appointed Anthus Services 84 Ltd as the technical partner responsible for the administration and management of the RTRP in March 2019. I am also delighted to announce that as part of our commitment to support the taxi industry, government has decided to increase the taxi scrapping allowance from R91 100 to R124 000 per scrapped old taxi,” Nzimande said in Pretoria.

He said there are many possible commercial benefits in the taxi business in South Africa but the operators were not reaping them. "Commercial enterprises will include the affordable supply of new taxi vehicles, finance – which remains one of the big challenges, short term insurance, spare parts, repairs, fuel, lubricants, electronic fare collection and property management. As government we are strongly of the view that the minibus taxi industry is not really participating and benefiting from the entire value chain.”

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