As South Africa battles with the economic impact of covid-19, many industries have reached out to the government for help. As we attempt to resume normal life, the taxi industry recently embarked upon a strike in across Gauteng.
The covid-19 pandemic has seen lockdown imposed across the country, meaning that millions of taxis have been without commuters over the past few months. Even with the easing of lockdown regulations, the government stated that taxis may resume services but are required to have a maximum load restriction of only 70% of its normal customers. This lead to the disgruntlement of an already volatile industry and this is why we have a strike.
The taxi strike will likely impact an estimated 15 million commuters who rely on these taxis for transportation. This means that millions of people who solely reliant on taxis were unable to go to work, or school.
The economic implications of the lockdown is being faced by all industries as our vulnerable economy will continue to struggle. With the additional impact of the taxi strike leaving commuters unable to go to work, the economic resumption will not be as smooth as initially hoped.
Millions of stranded commuters means that companies will be without their work force. This will hinder plans for an economic recovery for most companies as the people most affected by this are the working class.
The taxi industry has a large market share of the transportation industry in South Africa. While we wait and see how the South African National Taxi Council (SANTACO) and government will resolve this issue. The highly organised strike has secured themselves at least R1 Billion in relief funding.