City of Cape Town wants to take control of local public transport
Loyiso Langeni
The City of Cape Town Cape Town
Part of the application is to oversee the Golden contract.
The bus company receives a subsidy of around R700 million from national government.
Golden Arrow says that more than half of its income comes from government funding.
Spokesperson for Provincial Minister of Transport and Public Works Siphesihle Dube said Golden Arrow was the only company that was paid a subsidy by the provincial government.
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