On Wednesday, 04 October 2017, the Minister of Transport, Mr Joe Maswanganyi will be joined by the Deputy Minister of Transport Ms Sindisiwe Chikunka, the Chief Executive Officer of the Taxi Scrapping Administrator Mr. Visham Naidoo and its Executive Officials together with key transport stakeholders and senior government officials during a walk-about and physical scrapping of old taxis, indicating that the Taxi Recapitalisation Programme (TRP) is well on track.
The Taxi Recapitalisation Programme (TRP) was approved for implementation by Cabinet in 2004, for a period of seven (7) years, at a total cost of R7.7 billion. Of the total amount, R5.5 billion was set aside for the scrapping of Old Taxi Vehicles (OTV) while R2.2 billion was to be utilized, among others for systems development and support, implementation of a law enforcement strategy and the development of a regulatory environment for taxi industry.
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