Isaac Fisher, a member of the Team MC2 Cycling Club, was cycling to work when three men held him at gunpoint in Thursday’s morning peak-hour traffic.
A traumatised Fisher told the Cape Times his assailants fled to Hanover Park with the bicycle.
“I couldn’t do anything. There were three of them and two had guns, the other one just grabbed the bike,” he said.
The incident comes less than a week after Jafmed Pharmacy owner Abdullah Jaffar and fellow cyclists were robbed of their bikes by a group armed with pangas and knives on Jan Smuts Drive near Langa on Sunday.
PPA chairperson Rens Rezelman said: “We were appalled to hear of a group of cyclists out training last weekend who were attacked by five panga-wielding criminals.
"We have also seen acts of criminals driving past cyclists on quiet, pre-dawn roads and forcing riders off their bicycles.
“Unfortunately PPA is not in a position to police the roads to ensure safety of cyclists.
“This is a greater societal issue that should be getting attention at a national level. We also urge the SAPS and Metro police to respond quickly to emergency calls made by cyclists.”