The taxi industry is considering increasing fares because of this week's fuel price hike.
The fuel price increase that came into effect at midnight on Wednesday is one of the highest in recent times.
The price of 95 (ULP and LRP) increased by R1 a litre, while the price of 93 (ULP and LRP) went up by 95 cents a litre. A litre of 95 ULP in Gauteng now costs R17.32.
Meanwhile, diesel (0.05% Sulphur) increased by 65.20 cents a litre, while the price of diesel (0.005% Sulphur) went up by 63.20 cents a litre.
“This petrol increase is unprecedented and comes at a time when the taxi industry is in dire straits due to the effects of the COVID-19 pandemic lockdowns. Our industry is struggling to recover from the pandemic induced loss of income and these hefty fuel increase has undoubtedly plunged the taxi industry into a deep crisis,” said National Taxi Alliance (NTA) spokesperson, Theo Malele.
He said it is unfortunate that the taxi industry may be forced to increase prices while commuters are also feeling the financial strain.
“Notwithstanding our understanding and appreciation of the similar dire economic conditions our commuters find themselves in, we regret to inform our commuters and the public in general that most of our taxi associations will be left without a choice, but to adjust their fare structures in accordance with the impact of the full increase,” Malele said.
The South African National Taxi Council (Santaco) said it would discuss he taxi fare increase in the next two months.