Taxi Recapitalisation Programme

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South Africa

Transport Minister In S.A Calls for Sustainable Solutions as Taxi Sector Faces Rising Finance Costs

In S.A, its transport minister Barbara Creecy has expressed concern over rising vehicle finance costs for the taxi sector. Speaking to the ANC NEC about the Taxi Recapitalisation Programme, she noted that the current scrapping allowance is insufficient, and unaffordable. Creecy says the programme’s model is now outdated. She aims to engage stakeholders and financiers to find sustainable solutions for the sector:  

today28 October, 2024