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