May 15, 2009
BRT will not lead to loss of jobs, taxi profit, Minister assuresBack
Cape Town|Johannesburg|Port|Port Elizabeth|Soweto|Africa|System|Africa|South Africa|Transport|Infrastructure|Jeff Radebe
© Reuse this
He added that the Reya Vaya phase one in Soweto, Cape Town and Port Elizabeth was on schedule.
“The route from Soweto to Johannesburg will be completed in time for the FIFA Confe- derations Cup next month. The taxi industry has been involved in the implementation of the BRT system from inception and government believes that the industry is the nucleus of the BRT system,” said Radebe at a media briefing in Johannesburg.
He noted that the main issue on hold for the BRT system to become operational was the convening of another meeting with the taxi industry to finalise the operational company – as soon as the new African National Congress-led administration had an opportunity.
He said that what needed to be established was the extent to which the taxi industry would be involved in the new company to be created to roll out the BRT system.
“The taxi industry has the view that it should be involved throughout the value chain and we share that view as government. We have made a commitment that none of the taxi operators involved on the route that the BRT will be operating will lose their jobs and profit, as they will be incorporated into the new system, and I am confident that the issue will be finalised this month,” said Radebe.
He stressed that the timeframe would not affect the department’s readiness for the Confederations Cup especially, since Reya Vaya was an important corridor for transporting people in South Africa
“We have done our own research as government and we know which taxi operators are on the routes intended for the BRT system and that is why we made the guarantee that there will be no jobs and profit loss.”
Radebe emphasised that when the BRT system was fully operational, Reya Vaya phase one would have an annual revenue of R1,5-billion, and if one assumed a 15% profit margin, it would be R150-million a year shared among all the operators on this route.
“We are confident that we are going to achieve that, otherwise, we would not have made the guarantee of no loss of profit and jobs.”
On match days during the Confederations Cup, additional special football trains will operate on 12 identified corridors in Gauteng, with the Ellis Park, Doornfontein, Loftus Versfeld and Rissik street stations identified as key drop-off areas during the tournament.
Edited by: Martin Zhuwakinyu© Reuse this Comment Guidelines (150 word limit)
Other News This Week News
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
This Week's Magazine
The South African new vehicle market is likely to reach around 630 000 units in 2014, down from the 650 000 units recorded in 2013, says Toyota South Africa Motors (TSAM) president and CEO Dr Johan van Zyl. Van Zyl is also president of the National Association of...
Efforts by the Kenya government to increase energy generation by 5 000 MW over the next three years received a major boost following the award of a $2-billion contract to build a coal power plant in Lamu. Despite allegations of irregular tendering process, the...
Using crafty wordplay on a well-known Internet meme, brilliant South African-born US entrepreneur and businessperson Elon Musk announced that Tesla Motors would not initiate patent lawsuits against anyone who, in good faith, wanted to use its technology. Instead,...
August new vehicle sales declined by 1.4%, to 55 722 units, compared with the same month last year. Assisted by the car rental market, the South African new passenger car market, at 37 953 units, contracted by 1 047 units, or 2.7%, compared with August last year.
With South Africans facing the challenge of reducing electricity consumption, the biennial Eskom Energy Efficient Lighting Design Competition, to encourage the integration of energy efficient lighting in architectural, engineering and interior design, received a...