The City of Cape Town’s Urban Mobility Directorate has decided to keep the MyCiTi bus service tariffs unaffected by the recent increase in diesel prices. The decision comes as a relief to commuters facing rising fuel prices.
MyCiTi Tariffs and Fuel Price Fluctuations
The City Council’s budget for the financial year permits adjustments to MyCiTi tariffs in response to substantial fuel price fluctuations. This measure helps mitigate future risks and aligns the bus service cost with the diesel price, which heavily influences the MyCiTi bus service operational expenses.
If the diesel price surpasses the R27,51 threshold for two consecutive months, the tariff hike will become mandatory. Currently, the wholesale diesel price stands at R22,58 per liter, which means MyCiTi tariffs will remain unchanged for the time being.
Councillor Rob Quintas’ Statement
Councillor Rob Quintas, City’s Mayoral Committee Member for Urban Mobility, emphasizes the City’s dedication to providing an affordable and dependable MyCiTi bus service. He recognizes the importance of maintaining the service’s financial sustainability.
Councillor Quintas further elaborates on the Urban Mobility Directorate’s commitment to delivering accessible and equitable transportation for all residents. The budget structure allows for fare adjustments during the financial year only when significant and sustained fuel price changes exceed a predetermined threshold. This strategic approach bolsters resilience against fluctuations in wholesale diesel prices, shielding residents from unpredictable price shocks.
MyCiTi Bus Service’s Significance
The MyCiTi bus service stands as a testament to the City’s dedication to public transportation initiatives. It offers a reliable and cost-effective alternative to private cars, especially in the face of rising fuel prices. As a result, residents can continue to rely on this service for their daily commutes while being assured that the City is taking necessary precautions to maintain affordability.
In conclusion, the City’s proactive stance in safeguarding the MyCiTi bus service users from abrupt fare increases is a welcome relief. This demonstrates a thoughtful and responsible approach to public transportation that considers the financial wellbeing of everyday commuters. To learn more about MyCiTi fares and other public transportation efforts by the City, visit https://www.myciti.org.za/en/home/.
