Taxi industry wants government to implement long-awaited subsidy
Critics say cash-strapped government cannot afford undertaking, given SA’s dire financial situation
23 March 2021 - 17:01
SA’s taxi industry, which contributes R50bn a year to GDP and spends more than R20bn on fuel, says it still expects the cash-strapped government to implement a subsidy for the sector by April 2021, in line with transport minister Fikile Mbalula’s promises during the national taxi indaba last year.
President Cyril Ramaphosa, who addressed the indaba in October, said formalising the industry, which transports 16.5-million passengers a day, was a vital step to ensure it contributes to the national tax revenue base...
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