insert_link 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 Creecy says the programme’s model is now outdated.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: todayOctober 28, 2024 18
insert_link South Africa DA to Meet S.A’s Transport Minister Over Road Accident Fund’s R84 Million Staff Suspensions To South Africa, where the DA will engage with Transport minister ,Barbara Creecy over the Road Accident Fund's costly suspension of employees. Over 84-million-rand has been paid to suspended staff since 2020, impacting claims processing and financial efficiency. DA Transport spokesperson, Chris Hunsinger, says the party seeks clarity on the staff suspensions' impact, and reforms to the RAF Act to prevent financial strain on taxpayers: todaySeptember 27, 2024 12
insert_link Business / Economics Sri Lanka cuts key interest rates, seeks China deal Sri Lanka's central bank cut interest rates Tuesday as the prime minister visited China seeking a debt restructuring deal crucial to maintaining an IMF bailout. Transport minister and government spokesman Bandula Gunawardana said Prime Minister Dinesh Gunawardena was in Beijing, the island's biggest bilateral creditor. "We are in the final stages of restructuring our foreign debt and the prime minister is in China for this purpose," Gunawardana told […] todayMarch 26, 2024 22