By COLLINS OMULOMore by this AuthorMatatu operators now want the government to offer subsidies and incentives to cushion them against losses before effecting its proposal to regulate fares. However, Matatu Owners Association (MOA) chairman Simon Kimutai warned that capping fares "will slowly but surely kill a sector already making losses". FREE MARKETMr Kimutai explained on Friday that subsidies will improve the sector's growth by preventing further losses. “I do not understand the reasoning behind the amendment ... no one gets into business to make losses,” the chair said. The ministry also wants to amend section 4(2) of the NTSA by introducing a sub-section for the establishment of PSV fare tariffs.

Source: Daily Nation March 16, 2019 09:24 UTC