Greyhound and Citiliner owner Unitrans Passenger says the regulations limiting inter-provincial travel has hugely affected their business.
The closure of the Zimbabwe and Mozambique borders accelerated the demise of the company.
“The impact of Covid-19 regulations limiting inter-provincial travel and coach occupancy levels, and the closure of the Zimbabwe and Mozambique borders have exacerbated the situation,” it said.
The company was unable to turn a profit despite reducing operating costs, optimising routes and introducing new technology to its coaches.
It also failed to sell the two coach brands, Unitrans Passenger said.