Minister Lindiwe Zulu launches and hands over tools and equipment to Kings of Midlands Secondary Cooperative, 17 Mar

KwaZulu-Natal Taxi Association leads a radical economic transformation agenda in partnership with Department of Small Business Development

Minister of Small Business Development Ms. Lindiwe Zulu, KZN MEC for Economic Development Tourism & Environmental Affairs, Mr Sihle Zikalala, KZN MEC for Cooperative Governance & Traditional Affairs, Ms Nomusa Dube-Ncube and Executive Mayor of Umsunduzi Local Municipality, Cllr Themba Njilo, will on Wednesday, 17 April 2019 launch and hand over tools and equipment to Kings of Midlands Secondary Cooperative worth well over 10million in Pietermaritzburg, KwaZulu-Natal.

I think this is a fundamental step in the right direction, this approach will enhance competitiveness of the individual taxi owners and the association as a whole, so said Minister Zulu.

The Kings of Midlands is a local cooperative founded by a taxi association in Pietermaritzburg. This secondary cooperative represent 10 associations registered as primary cooperatives. They are running a tyre fitment centre, spares shop, panel beating services and a fuel station.

Chairperson of the Kings of Midlands, Mr Nhlanhla Nkomo said that We are truly encouraged by this caring government, we have had this dream for a very long time and now is a reality. From the early days we knew that every taxi need petrol, tyres, wheel alignment and spares and these taxis need to be fixed and serviced regularly but we were unable to do this on our own until the Department came on board, this is what we need to radically transform the economy

The handover of business tools and equipment is part of the new Cooperative Incentive programme, which targets cluster cooperatives to ensure sustainability of enterprises throughout the value chain. The Department will hand over tyre fitment centre equipment, delivery vans and tow trucks amongst others. This is a pragmatic intervention by the Department of Small Business Development which endeavours to propel the growth and transformation of the taxi industry through creation of viable, competitive and sustainable enterprises in the value chain with the ultimate objective to see their inclusion in the mainstream economy.

I have always said, there is more that can be done to help transform the transport sector in general but a lot more to transform the taxi industry in this country, there is a huge economic potential to derive economic benefit in clustering and aligning the activities in the taxi industry whilst ensuring their inclusion in the value chain. We must appreciate that this is an industry worth over R40 billion, explained Minister Zulu.

Source: Government of South Africa