RSK4801 Assignment 03 2023 Solution Latest case . Mr Gumede recently received a severance package after the business he worked for underwent restructuring and his position became redundant. He received an amount of R990 000 as a once-off amount. He decided to enter the taxi industry and bought two taxis to the value of R380 000 each, totalling R760 000. He employed his brother as a driver of one taxi and he decided to be the driver of the other taxi. He was aware that one needs a special driver’s licence to be a taxi driver. However, he decided that they will get these licences at another time which will be more convenient because the taxis must start immediately in order to ensure a monthly income. He also relied on their driving experiences and did not consider training as a necessity at this stage. A friend of his knew a route which he could take and to serve commuters without affiliating to an approved taxi association. To register with an approved taxi association
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