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Limpopo Business 2016-17 edition

  • Text
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  • Idz
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  • Tourism
  • Investment
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  • Development
  • Limpopo
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  • Province
  • Polokwane
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  • Pretoria
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The 2016/17 edition of Limpopo Business is the eighth issue of this highly successful publication that, since its launch in 2007, has established itself as the premier business and investment guide to the Limpopo province. Limpopo is unique in terms of its abundant natural and human resources, and is also one of the key drivers behind the South African economy. This edition of Limpopo Business is officially endorsed by the Office of the Premier of Limpopo.

PROFILE Great North

PROFILE Great North Transport Operating in all of Limpopo’s municipal districts, bus company Great North Transport provides public passenger transport services. About Great North Transport Great North Transport (GNT) is a premier bus passenger transport company in Limpopo that provides public passenger transport services within Limpopo and parts of Mpumalanga. It focuses on scheduled commuter transport, private hiring, scholar and employee transport, as well as inter-town and crossborder services. The company has a fleet of 540 buses operating on 280 routes, with 10 cross-border permits. GNT employs 1241 staff members. It has 11 depots (Seshego, Mokopane, Motetema, Marble Hall, Burgersfort, Tzaneen, Makhado, Giyani, Phalaborwa, Hoedspruit and Bushbuckridge) in six district municipalities: Vhembe, Mopani, Sekhukhune, Waterberg, Capricorn and Ehlanzeni (Mpumalanga Province). A wholly-owned subsidiary of LEDA (Limpopo Economic Development Agency), GNT has been in existence for more than 43 years and its core mandate is to provide reliable, safe, convenient and comfortable public transport passenger services to the public. GNT was one of the first companies to successfully operate negotiated contracts in South Africa. LIMPOPO BUSINESS 2016/17 38

PROFILE Operations GNT operates 228 buses under negotiated contracts and 238 buses on interim contract arrangements with the provincial departments of Roads and Transport of Limpopo and Mpumalanga provinces. There are also 67 buses that operate without any contract arrangements, from the provincial Roads and Transport Department (Bapedi and Phalaborwa depots). Business model Great North Transport (Soc) Ltd is a state-owned company, wholly owned by the Limpopo Economic Development Agency (LEDA) and established in terms of schedule 3D of the Public Finance Management Act 1 of 1999 (PFMA) as amended. In terms of this listing, Great North Transport (GNT) is a profit-driven subsidiary of LEDA. It operates according to business principles and practices. GNT sources its business partly from government, through a competitive open-market-tendering system, and from the private sector. The (Soc) Ltd listing of GNT warrants that any provision of the Companies Act that applies to a private company also applies to state-owned companies, including those provisions defining fiduciary and due care duties and responsibilities of directors of a company. To this end, GNT operates under the supervision of an independent Board of Directors whose nonexecutive members are appointed by the shareholder (LEDA). GNT strives at all times to comply with the principles contained in the King Code on Corporate Governance in South Africa (2009), the King III Report. Secrets to success Key attributes leading to Great North Transport’s success include: • Customer loyalty • Reliable service • A dependable and modernised fleet • Staff commitment • Effective maintenance • Sound financial partnerships We believe that with the support of the Board and committed staff, and the continued modernisation of the fleet and depots, performance will improve and lead to continued sustainability of the company. CONTACT INFO Physical address: Bonitas Building, 22 Hans van Rensburg Street, Polokwane 0700 Tel: +27 15 291 2641 Fax: +27 15 291 2648 Email: marketing@gntpassenger.co.za Website: www.gntpassenger.co.za 39 LIMPOPO BUSINESS 2016/17

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