SUBSIDIES * South Africa - Bus firms go to court for fare's money
Gauteng,S. Africa -The Business Standard (Johannesburg,SA), by Sibongile Khumalo -January 24, 2008: -- Gauteng bus operators are taking the provincial department of transport to court, claiming that unpaid subsidies worth more than R200 million (U$S 28 M) have left them bankrupt... North West Star and its subsidiary, Atteridgeville Bus Services, want the Johannesburg high court to force Gauteng transport MEC Ignatius Jacobs and national transport minister Jeff Radebe to honour a subsidy contract... Atteridgeville Bus Services says the debt has forced the company to shut up shop and suspend its bus service from February 4... The two businesses are among nine Gauteng bus companies affected by the nonpayment of subsidies... North West Star district manager Freddy Zondag said contractual subsidies to companies rendering public transport services to northern Pretoria were abruptly cut off in October last year...
Labels: subsidies
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