Corporate Affairs

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    Get your house in order, MPs tell Transnet

    Parliament’s watchdog on public account on Friday said it had instructed the Transnet board and management to curb graft at the State-owned company. “The Standing Committee on Public Accounts (Scopa) has told the Transnet Board and management to stop the looting because the business is able to sustain itself very well because it makes money due to it being a monopoly,” Scopa said in a statement. 

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    Get your house in order, MPs tell Transnet

    Parliament’s watchdog on public account on Friday said it had instructed the Transnet board and management to curb graft at the State-owned company. “The Standing Committee on Public Accounts (Scopa) has told the Transnet Board and management to stop the looting because the business is able to sustain itself very well because it makes money due to it being a monopoly,” Scopa said in a statement. 

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    Fuel levy’s revenue-generating prowess to come under intense pressure

    The fuel levy as income source for government is rapidly losing productivity to generate income, says Professor Stephan Krygsman of the University of Stellenbosch’s Department of Logistics (Transport Economics). Taking the year 2000 as starting point, with the fuel levy at 100% productivity, there has been a roughly 1.1% decrease in productivity a year. By 2040, greater fuel efficiency will reduce the fuel tax by roughly 48% for individual vehicles, says Krygsman.   While the total vehicle …

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    Interroll makes modular conveyor platform for logistics

    Materials handling specialist Interroll has created its modular conveyor platform (MCP), with decentrally controlled RollerDrive drive technology, fit for use in environments as cold as -30 °C. Deep-freeze logistics can now benefit from an efficient, zero-pressure-accumulation material flow. The company says the MCPs are smart, economical and flexible. “Interroll’s new generation conveyor modules are the most versatile and durable systems available, assuring highest availability and scalability for future growth.”

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    Local company to introduce new plastic pallets

    Plastic pallets distributer, Premier Pallets will introduce new polyethylene terephthalate (PET) pallets to the market next month. Premier Pallets owner Tilania du Preez says the pallets were manufactured in South Africa from PET plastic bottles such a…

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    GLTC offers fleet management system to protect bottom line

    Managing a forklift fleet is a huge challenge, to say the least, but the incorporation of an effective fleet management system can make the entire process very simple and efficient. Therefore industrial equipment group Goscor Lift Truck Company (GLTC) offers its Goscor Fleet Management System to help customers improve efficiency and protect their bottom line.     GLTC says that current tough operating and economic conditions are putting a strain on already constrained bottom lines and therefore those operating in the materials handling business are aware that maximising forklift uptime and efficiency is the foundation to keeping businesses healthy and growing.

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    Budget airline continues to refine its service and aircraft mix

    Pan-African low cost carrier Fastjet (which operates under the brand fastjet) is continuing its programme of optimising its services, routes, and fleet, to restore its financial health, ensure it becomes a sustainable going concern, and thereafter achieve consistent profitability. “As a pan-African value airline fastjet endeavours to make air travel affordable and accessible in every market we service,” affirmed company CEO Nico Bezuidenhout. “Beyond the redevelopment of our product, fastjet is also presently working on wider distribution and more payment methods, growing our network and making it easier for everyone to do business with us.”

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    Dachser South Africa driving excellence in road freight services

    According to logistics company Dachser South Africa road freight in Africa can be a challenging undertaking. Therefore, transporting goods and services throughout the continent requires a network of support partners, a team that has up-to-date information on multi-country customs and border control requirements, a strong tracking process, and hands-on knowledge of diverse infrastructures and the corresponding challenges. “Either goods produced locally or those shipped from other countries which will land at South African ports, must be transported to destinations that often require covering vast distances in short time frames,” Dachser South Africa MD Detlev Duve, says.

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    Company offers paper alternative to wooden and plastic pallets

    Transport packaging company Kimmo is driving the industry to switch to paper pallets as alternatives to the usual wooden and plastic pallets.  The company manufactures paper pallets using honeycomb fibreboard in South Africa. According to the founder of Kimmo Jan Vreken, he discovered honeycomb fibreboard technology when he started manufacturing corrugated pallets back in 2005. In 2013 the company decided to invest in honeycomb fibreboard technology in order to achieve maximum rigidity in the top decks of its pallets. “After a substantial amount of research and proto-typing, we set up a 4 500 m2 plant in Johannesburg to manufacture KimmoBoard, an incredibly strong, lightweight fibreboard,” he adds.

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    New regulation increases interest in local industry

    The logistics industry will be boosted by the New Customs Acts Programme (NCAP), which was formally introduced this year, says working capital specialists Investec Import Solutions customs manager Dylan Govender. The South African Revenue Service (Sars…

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