Corporate Affairs

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    Sneakers worth R8.7m seized at S Africa-Mozambique border

    The South African Revenue Service said on Wednesday that customs services at Lebombo border post had made a “massive seizure” of suspected counterfeit sneakers with a total value of R8.7-million early on Monday morning.

    A total of 9 085 pairs of sneakers carrying the Adidas brand and 1 850 pairs of “Nikes” were discovered in a truck entering South Africa from Mozambique in the early hours of Monday morning.

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    Russian flights to Egypt will resume soon, Putin tells Sisi

    Russian flights to Egypt will resume soon, Russian President Vladimir Putin told Egyptian President Abdel Fattah al-Sisi in a phone call, Sisi’s office said on Thursday.
    Flights to Egypt from Russia were suspended after a Russian plane crashed into the…

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    PRASA must get house in order or face collapse – Untu

    The United National Transport Union (Untu) has lashed out against South African railway services, including the Passenger Rail Agency of South Africa (PRASA) and Transnet, stating that it needed to provide proper service, or face “total collapse”. The union said that a number of incidences in the last week was proving that the State-owned company was in disarray.

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    Sanral inclusive approach to ease roads tax burden – Outa

    The Organisation Undoing Tax Abuse (Outa) on Wednesday welcomed South African National Roads Agency Limited’s (Sanral’s) newly appointed CEO Skhumbuzo Macozoma’s statement that the agency will be “looking to achieve a balanced funding portfolio with fuel tax-based revenue, as well as toll income.” “Outa has consistently stated that the seamless fuel levy, which attracts no administration costs, is an existing user pays policy and mechanism best suited to fund urban freeway upgrades. The sad reality is that the Gauteng freeway upgrade would have been paid off by now, if 9c of the national fuel levy had been allocated to this from the onset of the project,” said Outa transport portfolio director Ben Theron.

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    RTMC supports initiatives to improve compliance in road users

    The Road Traffic Management Corporation (RTMC) has come out in support of municipal initiatives to improve compliance, which will see local traffic departments confiscating cell phones, as well as imposing heavy fines on drivers who do not have license…

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    Western Cape roads upgrades progressing to plan

    A R178-million Western Cape Department of Transport and Public Works (DTPW) project to rehabilitate and resurface sections of the R311 and R45 in the Moorreesburg area is progressing well, it said on Tuesday. Construction started in June 2015 and is now scheduled for completion by July 2017, despite delays owing to unforeseen ground condition problems. “A revised construction programme is set to reduce the risk of further delays,” the department said.

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    Sanral embarks on R226m road resurfacing project

    The South African National Roads Agency Limited (Sanral) has announced a R226-million road resurfacing project between the Eastern Cape towns of Grahamstown and Fort Beaufort.    Resurfacing of the R67 from Grahamstown to Fort Beaufort will commence in January and is set to be completed by October, 2018. The length of road to be resurfaced is about 70.7 km, extending northwards from the intersection to the N2 near Grahamstown to the intersection with the R63 at Fort Beaufort. “This road provides a regional link between various smaller towns in the middle part of the Eastern Cape,” noted Sanral southern region’s manager Mbulelo Peterson on Sunday.

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    Road-rail vehicle firm tailors new offering to rail maintenance market

    A new 20 t Crane road-rail vehicle (RRV) was launched to the South African market last month by Olifantsfontein-based rail systems manufacturer RailPro, and is intended to meet domestic requirements of rail infrastructure construction and general rail-…

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    First new PRASA train sets to enter service

    The first trains delivered in the R51-billion rolling stock acquisition programme for Metrorail operations are gearing up for service, says the Passenger Rail Agency of South Africa (PRASA). The agency says the testing and commissioning of the units “have progressed well in the past six months, with no major technical issues recorded”.

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    Funding secured for metered taxi owner-driver scheme

    SA Taxi has secured R300-million in funding from Futuregrowth Asset Management, which it will use to provide financing to the company’s Zebra Cabs owner-driver scheme.  SA Taxi is South Africa’s largest financier of minibus taxis. It acquired Zebra Cabs metered taxis in 2015, motivated by the need to expand its business activities into adjacent markets.

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