Taxis are expected to bring Gauteng to a standstill on Thursday, after notifying the Gauteng Transport department of their intention to march on the South African Taxi Finance offices in Midrand on Thursday morning.
In a statement issued by the Gauteng chapter of the South African National Taxi Council (Santaco), the industry has indicated it had enough of the exorbitant interest rates owners are required to pay on their vehicles.
The statement says that they have been hit hard by the 28% interest, that has them paying R15 000 per month over 72 months, which has led many to be blacklisted.
Santaco will be handing over a memorandum of grievances to the company’s directors. Commuters are being advised to seek alternative transport, as no taxis will be running on Thursday.
Two weeks ago, a strike by taxi owners and drivers brought Durban traffic to a standstill and left commuters stranded after they staged a protest outside the Toyota factory.