Capetonian commuters say they have been dealt a major blow after Golden Arrow Bus Services confirmed there will be a fare increase from April.
Commuters can now expect to pay 7% more for their bus fare, with the bus company’s Bronwen Dyke-Beyer saying the price hike was unavoidable, reported‘Golden Arrow Bus Services took the unprecedented decision to delay the implementation of our annual fares increase – which should have taken place in December 2023 – for as long as we could possibly sustain it,’ said Dyke-Beyer.
‘Unfortunately, we are no longer able to absorb rising costs across our supply chain and we will therefore be implementing an average 7% increase on 1 April 2024.’ She added that Golden Arrow’s interim operating contract with the provincial government makes adjustments to fares to offset operational increases.
‘Golden Arrow is always acutely aware of the difficult economic climate in which our passengers find themselves. This average increase of 7% is not only unavoidable but essential to ensure that Golden Arrow is able to remain sustainable and to maintain the same exceptional level of services which 96% of passengers would recommend to friends and family,’ she said.‘I think a lot of this has to do with the price of fuel increasing,’ said Beard.
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