The industry has historically been mostly unregulated. Not only has this caused controversy for decades, but it also makes the industry somewhat difficult to monitor. Recent studies have shown that the taxi industry generates around R90 billion annually! This, however, is only a general estimate due to the difficulty in tracking the industry.
Things are about to change.
An e-ticketing system is about to be introduced to the industry. The system aims to streamline the payment as well as auditing processes of the industry. The pilot project has already been launched in Johannesburg and, based on its success, is expected to be rolled out across the province, and thereafter, the country. The total roll-out is expected to take place over the next five years.
The system is owned and will be rolled out by FairPay and TaxiChoice. Santaco is the sole shareholder with Curve Group Holdings acting as the sole technology provider. Gauteng MEC for Roads and Transport, Ismail Vadi has welcomed the update in the industry.
“The standard that must be strived for is ‘One Province, One Ticket’, in line with the national electronic fare collection regulations,” said MEC Vadi.
The system aims to move away from the current, outdated cash system which has till now, proven problematic. No longer will passengers need to worry about not having the right amount or not receiving change. The industry will work on a top-up card system...
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