Heystek on R12bn Income Fund exposed to R800m in taxi industry loss
One of the biggest enhanced income funds – the MI-Plan Enhanced Income Fund – has ringfenced about R800 million in assets.
One of the biggest enhanced income funds – the MI-Plan Enhanced Income Fund – has ringfenced about R800 million in assets.
Cape Town’s young executive mayor speaks on the taxi crisis earlier this month and stresses the need for devolution of rail powers
South Africa is well and truly a welfare nation in which at least 47% of the population rely on social grants of one kind or another.
James Martin describes the power harnessed by the taxi industry to protect and defend the businesses in and around Pietermaritzburg.
Plans are afoot by the South African Revenue Services to address tax avoidance in the country’s minibus taxi industry which only pays R5m in taxes in total.
Do taxi rules make sense? Mr Tebogo Khaas, of the SMME Forum, shares his views with Tim Modise in an indepth interview on Covid-19 rules.
One of the smaller parties contesting the elections is the Alliance for Transformation for All, which is the ‘brainchild of the taxi industry’.
Change threatens. And it’s driven by innovation which makes certain expertise obsolete. So there’s kickback, a form of antibody, as people’s power, jobs or status is threatened.
Futuregrowth Asset Management has provided funding in the amount of R300 million into the taxi industry. David O’Sullivan spoke to Gerswhin Long regarding the project.
For all that we talk about small business in South Africa, we often overlook one of the most prominent small business sectors in the country – the informal taxi industry. Although minibus taxis are a familiar sight on South Africa’s roads, the inner workings of the business are not generally well-known. In this interview, Transaction … Read more