Fikile Mbalula to scrap 63,000 taxis in three years as part of recapitalisation
17 February 2021 - 21:37
Image: Fikile Mbalula via Twitter
Transport minister Fikile Mbalula wants to scrap 63,000 taxis in the next three years as part of a taxi recapitalisation programme.
Addressing parliament during the debate on the state of the nation address, Mbalula said the plan had come up after the national taxi lekgotla last year.
Mbalula promised that the resolutions of the lekgotla would place the taxi industry on a new trajectory.
“An integral part of these resolutions is the implementation of a reimagined taxi recapitalisation programme, located within the broader ambit of an economic empowerment model, including increased local content of the vehicles in line with the South African automotive industry master plan which, among other things, seeks to increase local content to 60%.