Today's Labour News

newsThis 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.

Golden ArrowIOL reports that Golden Arrow Bus Services has announced an increase in bus fares effective from 27 December for Western Cape commuters.

The bus company says that it will be implementing an average 6.95% across the board increase on all cash and multi journey products (formerly known as clipcards) and GABS Gold Cards. A once-off purchase, will however remain at R35. However, the company said passengers could postpone paying the increased fares until 25 January 2023 in the case of 10-ride multi-journey products (which are valid for 30 days) bought on 26 December 2022, and until 26 March 2023 in the case of 48-ride multi-journey products (valid for 90 days) bought on the same date. The company said the increases in the cost of diesel coupled with wage hikes and unexpectedly high increases in the cost of components had made it impossible to avoid the move to increase fares. “We remain acutely aware that our passengers find themselves in the same difficult economic climate as we do. We would therefore like to assure our passengers and stakeholders that this decision was not taken lightly and that the increased amount is significantly lower than what is required to actually offset cost increases,” GABS indicated in a statement.

  • Read the full original of the report in the above regard by Sibuliso Duba at IOL


Get other news reports at the SA Labour News home page