Economist calls for proper regulation in the transport sector

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[Picture: File / Radio 786]

South Africa’s transportation sector needs to be properly regulated in order for it to thrive to it true potential. This is the assertion by economist and director at the Antswisa Transaction Advisory, Miyelani Mkhabela.

His comments come following a confrontation between minibus taxi drivers and e-hailing drivers at a mall in Soweto. In a similar incident this week, a taxi guard was shot and killed near Blackheath Primary School linked to taxi turf war.

Mkhabela explains that the transport sector contributes roughly R335 – R340-billion to the economy which is a larger contribution than other sectors.

He adds that in order to protect an industry that contributes so much to the economy, it will need to be protected while at the same time investing in e-hailing systems to reduce the challenges being experienced there.

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