Possible increase in taxi fares - SANTACO

The South African National Taxi Council has hinted that a possible increase in taxi fares may be on the cards as the price of fuel soared higher by one rand from THIS MORNING*. Motorists from inland provinces will now have to fork out over seventeen rands for a litre of 95 unleaded fuel while diesel has soared by a total of 65 cents. These latest price hikes are inclusive of the 27 cents that Finance Minister Tito Mboweni announced for the Road Accident Fund, bringing the total fuel levy to between 35-40 percent of the fuel price per litre. SANTANCO's national spokesperson, Thabisho Molelekwa says financial losses incurred by the industry during the peak of the covid-19 pandemic may necessitate a significant price hike in taxi fares.