Zahida Kazmi, Pakistan’s first and only known female taxi driver, cleans the windshield of her yellow cab in Rawalpindi. Ms Kazmi became a cab driver to support her six children after her husband died.
Zahida Kazmi, Pakistan’s first and only known female taxi driver, cleans the windshield of her yellow cab in Rawalpindi. Ms Kazmi became a cab driver to support her six children after her husband diedShow more

Pakistan's only female taxi driver says road to working wasn't easy



RAWALPINDI, Pakistan //Zahida Kazmi became a cab driver to support her four daughters and two sons after her husband died.

Despite vehement opposition from her family, the then 33-year-old widow became the first and, so far, the only known woman taxi driver in Pakistan.

"I feel proud of what I am doing," she said while sitting in the balcony of her house in a crowded market area in Rawalpindi.

Now 54, Ms Kazmi has emerged as a source of inspiration for underprivileged women who have very few career opportunities in Pakistan. According to the United Nations just 15 per cent of Pakistan's workforce are women.

Television networks air an advertisement from a commercial bank showing Ms Kazmi driving her yellow cab to encourage woman to work. But for Pakistan's only female taxi driver, the road to making herself a career wasn't easy.

Attired in blue and white shalwar kameez - the traditional baggy trouser and flowing shirt - with head covered with a white scarf, she vividly narrated experiences of her life.

After the death of her husband in 1981, Ms Kazmi started working as a house maid in Karachi.

"I was very charming and pretty," she said as her seven-year old youngest daughter, Zehra, played with a friend close by.

Ms Kazmi moved to Rawalpindi, a garrison city adjoining Islamabad, in the 1990s when ethnic and political violence erupted in Karachi.

Taking advantage of a government scheme in 1992 in which a person can buy a taxi in easy instalments, Ms Kazmi bought a brand new yellow cab and started picking up passengers from the Islamabad airport.

She soon faced hostility from her family. Her male relatives threatened to "exterminate" her from the family and her in-laws were opposed.

"I haven't done anything wrong. Therefore, I don't feel ashamed," she said. "But my life was very tough," she said with tears rolling down her cheeks as she recalled the sufferings she endured during her life.

Born into an ethnic Pashtun family in Peshawar, Ms Kazmi moved to Karachi after her marriage where her husband worked for the Pakistan Navy. He became a prisoner of war during Pakistan's last war with India in 1971. The husband later died in 1981 after he was freed.

Initially, she kept a gun next to her seat inside the taxi for protection but she never felt any fear despite being a woman.

"I never let a man to sit beside me in the taxi and while driving I always kept an eye on the activities of passengers sitting on the rear seat through the mirror."

Ms Kazmi said she had driven her cab throughout Pakistan, from Karachi to the lawless tribal region on the Afghan border and even to Kabul during the Taliban regime in Afghanistan.

"I never have had any mishap. I always earned respect because I am honest to my work and myself. I was strong enough to defend myself," she said.

Ms Kazmi was elected president of the Pakistan Yellow Cab Drivers Association for 12 years.

"I was the only woman driver but all men drivers have trust in me and that's why they always elected me unopposed."

Her career is all the more exceptional for the challenges faced by Pakistan's female workforce. According to the independent Human Rights Commission of Pakistan 65 per cent of working women are engaged in low paid and unrepresented home-based work. Sexual harassment is common for those in the workplace.

Ms Kazmi said this should not deter women from accepting the challenges of life.

She is also a source of pride for her children.

"I can't drive more than 8 or 9 hours a day but my mother drives the car for 15 hours and even sometime 20 hours a day," Adnan Khalid, Ms Kazmi's 29-year-old son said.

A few years back, she bought a Toyota car from a bank on lease which she used for pick-and-drop service for passengers for remote areas.

"Her story is quite unique. It's inspiring to live with her and it's also an eye-opener," said Anca Dimoste, a student of Royal Holloway University of London, who is preparing a documentary on her life.

After driving taxi for over 20 years, Ms Kazmi said she has grown old and tired.

She remarried in 1995 and Zehra, now seven year old, was the only child from her second husband.

"Look at this," she said showing the wrinkles that have appeared on her hands. "Now, I can't drive long distances and at night because my eyesight has become weak.

Ms Kazmi said she wanted to buy a pickup van to give pick-and-drop service to school chlidren.

"Earlier, I faced hardships for my six children. Now I am facing hardships for Zehra only," she said in a choked voice.

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How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

End of free parking

- paid-for parking will be rolled across Abu Dhabi island on August 18

- drivers will have three working weeks leeway before fines are issued

- areas that are currently free to park - around Sheikh Zayed Bridge, Maqta Bridge, Mussaffah Bridge and the Corniche - will now require a ticket

- villa residents will need a permit to park outside their home. One vehicle is Dh800 and a second is Dh1,200. 

- The penalty for failing to pay for a ticket after 10 minutes will be Dh200

- Parking on a patch of sand will incur a fine of Dh300