A massive taxi fare hike is looming for Johannesburg commuters

Loading player...
Thabiso Molelekwa, Santaco Spokesperson talks about A massive taxi fare hike is looming for Johannesburg commuters as the operators of one of the city's busiest routes seek to compensate for the Covid-19 lockdown on public transport.
The Alexandra, Randburg, Midrand, Sandton Taxi Association (Armsta), has announced that a trip from the township of Alexandra, north of Johannesburg, will increase from R11 to R30 as from June 15. In a notice to passengers, the taxi association said the increase was due to the government's regulation of limiting passenger capacity to 70%, in a bid to curb the spread the coronavirus.
8 Jun 2020 12PM English South Africa Business News · Investing

Other recent episodes

EXPLAINER - Why some sports stars are worth more than companies.

An 18-year-old footballer valued at more than R6 billion has reignited a global debate: how do we really put a price on modern sports stars? Following a new long-term contract at Barcelona, teenage sensation Lamine Yamal has been named the world’s most valuable footballer — outranking established global icons and…
15 Jan 3PM 22 min

Why central bank independence matters.

GUEST – Prof Jannie Rossouw - Honorary professor at Wits Business School and economist at Altitude Wealth Central bank independence refers to a central bank’s ability to formulate and implement monetary policy - such as setting interest rates and managing liquidity - without direct control or interference from the political…
15 Jan 3PM 19 min

South Africa at Davos 2026: The Investment Message SA Is Taking to the World.

GUEST - Neville Matjie, CEO of Brand South Africa As global leaders gather in Davos under the theme “A Spirit of Dialogue”, South Africa is stepping onto one of the world’s most influential stages to make its investment case amid heightened geopolitical tension, economic uncertainty and rapid technological change. With…
15 Jan 3PM 10 min