This news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.
The Citizen reports that the Department of Transport has confirmed that an agreement has been reached between taxi association Santaco and SA Taxi Finance Holdings and that Thursday’s strike has been called off.
Santaco has also confirmed the news. Several major roads were blocked on Thursday morning. Santaco and other taxi operators were challenging the country’s biggest minibus vehicle finance scheme to charge them reasonable fees. According to Arabile Gumede, business journalist for Bloomberg news, Transactional Capital, the car finance arm of SA Taxi Finance, charges 28% interest on a Quantum minibus that generally retails at about R450,000.
- Read this report in full at The Citizen
- See too, Thursday’s taxi strike called off, at News24
Get other news reports at the SA Labour News home page