Models and implications for industry compensation in the restructuring of public transport in South Africa
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Date
Authors
Von der Heyden, C.
Hastings, E.
Leitner, N.
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Abstract
Paper presented at the 33rd Annual Southern African Transport Conference 7-10 July 2014 "Leading Transport into the Future", CSIR International Convention Centre, Pretoria, South Africa.
The concept of compensating existing public transport operators for the detrimental impact of the roll-out of large-scale, publicly funded IPTNs on their businesses is valid. However, the general approach to compensation adopted by South Africa to date is not financially viable and has serious implications for future developments. Different compensation models that look to align operators’ success, financial and otherwise, with that of the new system they are incorporated into, must be considered and adopted going forward to ensure the sustainability of the country’s public transport transformation programme.
The concept of compensating existing public transport operators for the detrimental impact of the roll-out of large-scale, publicly funded IPTNs on their businesses is valid. However, the general approach to compensation adopted by South Africa to date is not financially viable and has serious implications for future developments. Different compensation models that look to align operators’ success, financial and otherwise, with that of the new system they are incorporated into, must be considered and adopted going forward to ensure the sustainability of the country’s public transport transformation programme.
Description
This paper was transferred from the original CD ROM created for this conference. The material was published using Adobe Acrobat 10.1.0 Technology. The original CD ROM was produced by CE Projects cc. Postal Address: PO Box 560 Irene 0062 South Africa. Tel.: +27 12 667 2074 Fax: +27 12 667 2766 E-mail: proceedings@ceprojects.co.za
Keywords
Public transport, Development, Economic empowerment
Sustainable Development Goals
Citation
Von der Heyden, C, Hastings, E & Leitner, N 2014, "Models and implications for industry compensation in the restructuring of public transport in South Africa", Paper presented at the 33rd Annual Southern African Transport Conference 7-10 July 2014 "Leading Transport into the Future", CSIR International Convention Centre, Pretoria, South Africa.