Rea Vaya makes taxi men rich
08 March 2016 - 02:49
Taxi owners are striking it rich through Johannesburg's bus rapid transit system, popularly known as Rea Vaya. The owners of 317 minibus taxis were paid R263-million for agreeing to have their vehicles taken off the road. Each owner pocketed about R830,000 per taxi, referred to as compensation for restraint of trade, a condition for removing the taxi off the road in favour of Rea Vaya buses.
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