If the civil service workers went on strike how would we know?

Let me just clarify the taxi strike of last week Thursday.

Point 1 :
They want a reduction of R 100,000-00 on the price of a Toyota Quantum. This after we have "officially" 6% inflation, on a compound basis, and the Unions are striking every year for 10 %, so the labour cost is increasing. Now Toyota must reduce the price because they are paying too much. I like driving a Mercedes. Please Mercedes, reduce your price for me ?

Point 2 :
They are paying R 15,000-00 per month over 72 months for the right of ownership. That is based on an interest rate of 28%.
Why are they charged so much ?
Because the fuckers did not pay their HP's at the commercial banks on time and in full, leading to massive write offs in that industry, to the point where they all have shit payment records. Then the risks and the interest rate will go up. And the banks won't finance you as a taxi buyer, because you represent bad risk, and they avert bad risk.
So you can only get finance at SA Taxi, who will ask 28 % to compensate for the risk.
If you just paid your installments, you could get interest at the banks of 12%, thereby halving the R 15,000-00 a month payment.

Point 3 :
They are complaining about the lack of subsidies. They were subsidised to the tune of R 120,000-00 for the fucked taxis that were on our roads. R 120,000-00 irrespective of what the taxi looked like. So the Government paid them the R 120,000-00, and then they were suppose to use that as a deposit on a new taxi. Did they do that ? Not a fuck. Spent the money, and then went to SA Taxi because the banks would not give them credit. So you were subsidised.

Point 4 :
They are not paying E-Toll fees, as they are exempt. That is yet another subsidy.

Point 5 :
The taxis handed in with the recapitalisation plan was suppose to be sold off and the income returned to Government. That never happened, as fat Philip Taaibosch and his cronies pocketed all of the monies. Goverment asked Santaco to collect the monies. They simply stole it.

Point 6 :
Fat Fuck Philip Taaibosch

This guy is so on the take that it is unreal. Been there such a long time. And totally useless. Sleeping in meetings, etc.


The taxi guys are a bunch of cunts, ruled by their bosses, and even their drivers resisting any change at all, like the automation of collections. Not a fuck, they broke all of the 100 devices put into the taxis to control the cash within a week.

They will never toe the line.

Dumb fucks.

Cheers

Point7:
They drive like maniacs and do not obey any road rules. It follows that their is a much higher risk of being in an accident. This in turn raises the risk to the financier, hence the (extremely) high interest rate.

If taxis start driving like "normal" people and obey the rules, maybe their financing cost will drop....

Point 8

The reason they can't get decent rates is because they are a CASH business.
In other words the banks cannot verify what their income is.
The associations steadfastly refuse to become digitalized for the simple reason that SARS will then be able to track and tax them.

The benefits of digitalization cannot be disputed e.g. Less hassles looking for change, less danger of taxi drivers being robbed of their days takings.
Consumers would be able to budget better i.e. Buy a monthly minibus ticket etc etc

Bottom line is it is a mafia business and unfortunately won't be cleared up in a hurry as many bigwigs have direct interest in the business.

Just to throw a cat amongst the pigeons.

The Taxi industry is a necessary evil in South Africa at present. Unfortunate but necessary.

No Taxis means tens of thousands of people, domestics, call centre agents, teachers, petrol pump attendants, shop workers, nurses ad infinitum. Name a profession and there are some that use taxis out of necessity. There is no alternative.

The problem is not the Taxi Industry but the circumstances that demand its existence. The lack of affordable public transport alternatives.

Yup they are taking advantage of their monopoly, however that is far from unusual in any sector of business when the chance arises. Bakers and construction companies have been hauled over the coals. The elite of corporate South Africa, Tiger Brands, WHBO, Bidvest, Adcock Ingram, all of them as wrong as the Taxi association but we don't care.

We don't care because Tiger Brands, WHBO, Bidvest and Adcock Ingram don't inconvenience us with a lack of domestics, call centre agents, teachers, petrol pump attendants, shop workers or nurses.

We expect a R40b industry employing 200k of the great unsophisticated unwashed, those mainly without the benefit of a quality education to maintain higher standards than our corporate elites and cry foul when we are inconvenienced for a day.

Yup it's a pain in the ass. Yup some of the 200,000 plus drivers could do with a slap now and then but so could a large portion of BMW, Mercedes, City Golf and Toyota drivers.

15m trips a day nationwide is what they manage to do without charging a fortune or, contrary to popular opinion, making a fortune. There are some that do, but they are a minority of note. Name me five Taxi millionaires in the country.

68% of all public transport trips to work and 70% of individuals who attend educational institutions are estimated to use minibus taxis.

They do this with a taxi fleet made up of vehicles that are on average 9 years old. They have to get new taxis, have to. And they have to using a monopolised finance system taking advantage of an already financially distressed labour pool.

Now I will not say for one second that there are no issues with the taxi industry but the fact remains we are at present fucked without them. They do a job, do better than any current alternative and no one seems to appreciate what a phenomenal feat of logistics they perform daily.

The idiot in that 12 year old Hiace streaming black smoke who cut you up at the robot, ran a red at the next one and shot a colleague at the next needs far more than a slap, but he is not everyone that brings manpower to the cities.

@Lucy,

Do yourself a huge favour and read this article...just FYI, of course!


www.fin24.com/Economy/the-leader-who-caused-a-slump-zuma-blamed-for-sa-mess-20170620?

shared via @Fin24