The payment relief programme to assist minibus taxi owners with vehicle repayments through the Covid-19 lockdown period has just come to an end, says Absa Vehicle and Asset Finance (AVAF) head of dealer relationships for the Gauteng and Limpopo region, Fulufhelo Mandane, with Absa now considering how to assist those owners who may no longer qualify to buy new vehicles, or replace their existing vehicle(s). The Christmas season is typically the busiest period for the minibus taxi industry, with high demand for local, interprovincial and cross-border services, and, therefore, new vehicles, he notes.
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