Corporate Affairs

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    Denel wins major vehicle contract from Middle East

    South Africa’s State-owned defence industrial group Denel on Monday announced that its recently acquired subsidiary, Denel Vehicle Systems (DVS – previously BAE Systems Land Systems South Africa or LSSA) had finalised a R900-million contract with United Arab Emirates group Nimr. The deal covers the development and supply of the N35, hitherto known as the RG35, armoured and mine protected vehicle.

    “We are delighted to work with Nimr, one of the world’s leading manufacturers of wheeled armoured vehicles,” affirmed Denel Group executive: business development Zwelakhe Ntshepe. “There is a strong synergy between our companies and products and we are confident that we can, together, develop and improve the N35 to be among the best in its class.” Denel describes the N35 as “an armoured vehicle with superior mine protection and combat capabilities that can be used in command, ambulance and recovery roles”.

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    PRASA: Government has final say on new CEO

    The Passenger Rail Agency of South Africa (PRASA) has started the process of finding a new CEO in place of Lucky Montana‚ who was sacked earlier this year. In adverts for the post which appeared in newspapers last week‚ PRASA states that they are looking for “a results-orientated individual” “who will provide leadership to the organisation of a five year contract.”

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    DTI to implement measures to sustain automotive industry growth

    The trade and industry department (DTI) is to implement a number of steps in an effort to sustain and grow the automotive industry while steering it towards the Automotive Production and Development Programme (APDP) vision of high volume vehicle produc…

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    2015 the year of record production, but poor local sales – Naamsa

    The National Association of Automobile Manufacturers of South Africa (Naamsa) said it expected the 2015 new-vehicle market to reach 603 000 units, substantially down from last year’s 644 504 units. The association, however, projected a slight recovery in 2016, at 622 500 units.

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    2015 the year of record production, but poor local sales – Naamsa

    The National Association of Automobile Manufacturers of South Africa (Naamsa) said it expected the 2016 new-vehicle market to reach 603 000 units, substantially down from last year’s 644 504 units. The association, however, projected a slight recovery in 2016, at 622 500 units.

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    2015 the year of record production, but poor local sales

    The National Association of Automobile Manufacturers of South Africa (Naamsa) said it expected the 2016 new-vehicle market to reach 603 000 units, substantially down from last year’s 644 504 units. The association, however, projected a slight recovery in 2016, at 622 500 units.

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    Outa says no to further tax hikes

    Opposition to Urban Tolling Alliance (Outa) chairperson Wayne Duvenage has said the organisation would oppose the proposed tax increases that Finance Minister Nhlanhla Nene had indicated are on the cards for 2016. “Not on our watch. Until government tackles the squandering, maladministration and mismanagement of taxes South African citizens are currently paying, which economists say add up to R100-billion a year, government is not in a position to increase taxes,” he stated.

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    Outa says no to further tax hikes

    Opposition to Urban Tolling Alliance (Outa) chairperson Wayne Duvenage has said the organisation would oppose the proposed tax increases that Finance Minister Nhlanhla Nene had indicated are on the cards for 2016. “Not on our watch. Until government tackles the squandering, maladministration and mismanagement of taxes South African citizens are currently paying, which economists say add up to R100-billion a year, government is not in a position to increase taxes,” he stated.

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    University completes bogie certification tests

    In conjunction with the University of Pretoria’s (UP’s) Centre for Asset Integrity Management (C-AIM), UP’s business division, Business Enterprises, which is situated at UP, has completed a series of static and fatigue tests on a locally manufactured locomotive bogie as part of State-owned logistics company Transnet Freight Rail’s (TFR’s) fleet renewal and expansion programme.

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    Syndicates suspected as truck hijackings surge

    Truck hijackings in 2014/15 increased by 29.1%, to 1 279 incidents, compared with 2013/14’s 991 incidents – this according to statistics released by the South African Police Service (SAPS). Truck hijackings numbered 943 in 2012/13 and 821 in 2011/12.

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