Bus and taxi fares to increase
The transport Minister, Mike Henry, has indicated that taxi and bus fares will be going up soon. He is also indicating that the toll rates to use Highway 2000 could also be increased.
Mr. Henry said he is still awaiting more submissions from taxi associations before making a decision on the level of fare increase. The Minister said given the rising cost of oil alone, a fare increase is imminent.
According to Mr. Henry, a submission on the matter will be made to the Cabinet shortly.
Mr. Henry indicated that the operators of Highway 2000 have made two applications for a toll increase in the 12 months.
However, none of the increases were granted which means that the Government has been subsidising the toll cost.