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Transport  // Browsing posts in Transport

2 Nov 2017 General, Transport

GLITTERING OUTLOOK FOR ICONIC GOLDEN ARROW BUS SERVICES

CEO Johnny Copelyn hints at expansion for the iconic Cape Town-based commuter service after listing. The proposed separate listing by Hosken Consolidated Investments (HCI) of subsidiary Golden Arrow Bus Services could signal “an expansive view of transport” for the iconic Cape Town-based commuter service. Speaking at the HCI annual general meeting on Wednesday, CEO Johnny […]

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BUSES EN ROUTE TO LA CONCORDE TO REPLACE THE BRANDY ASSETS

Shareholders of La Concorde, formerly KWV, will be getting buses to replace the brandy assets that were sold to Vivian Imerman’s Visari a year ago for R1.5bn. Hosken Consolidated Investments (HCI), the holding company for Niveus Investments, which holds 58% of La Concorde, is selling Golden Arrow to La Concorde in a complicated deal that […]

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13 Jul 2017 Transport

GOLDEN ARROW HITS PROFIT TARGETS

Smart investments by parent company Hosken Consolidated Investments (HCI) have ensured iconic public transport specialist Golden Arrow Bus Services has remained firmly on the profit high road despite some difficult trading conditions. Last month HCI CEO Johnny Copelyn said he was really pleased that Golden Arrow –which operates exclusively in the greater Cape Town metropole […]

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10 Nov 2016 Transport

GOLDEN ARROW GETS SMART

ICONIC Cape Town passenger transport company Golden Arrow Bus Services (GABS) is cutting down risks of traveling with cash onboard.In terms of key strategic imperatives GABS has deemed the handling of cash as a method of payment on buses, kiosks and at depots a “high riskfactor” in the company’s business model. Consequently, the company has […]

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30 Jun 2016 Transport

IRATE RESIDENTS THREATEN MORE PROTEST ACTION ON N2

Cape Town – Irate Barcelona informal settlement residents have threatened to continue protest on the N2 until their “rightful” ANC councillor candidate is put on the registered list. Alleged ANC members belonging to ward 40 in Nyanga said they wanted their “rightfully nominated” councillor candidate Bongani Mbili to be put on the list instead of […]

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30 Jun 2016 Transport

BUSES TORCHED IN CAPE OVER ANC COUNCILLOR LIST

Cape Town – Two Golden Arrow buses were torched and several cars stoned on the N2 near Nyanga on Wednesday night. The culprits said they were ANC members disgruntled with the party’s councillor list for the August 3 local government elections. Protesters said they wanted the ruling party to feel their frustrations and act. Motorists […]

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11 Aug 2015 Transport

GABS CHIEF EXECUTIVE OFFICER STEPS DOWN

After a distinguished career spanning 36 years, Golden Arrow Bus Services’ Chief Executive Officer Nic Cronjé will relinquish his position as CEO at the end of October 2015. Current General Manager Francois Meyer, who has been with the company for 25 years, has been appointed to succeed him. The Chairperson of the GABS’ Board Yunis […]

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HERO’S FOUNDATION HOME AWAY FROM HOME

City Masters Sports Club and Education, which had its origins as a strategy to keep the youth away from township street corners and instead participate in sport is reaping the fruits of its harvest big time. Even the participants sing immense praises for the benefits they have come to enjoy since joining. Formed in 2000, […]

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2 Sep 2014 Transport

NYANGA QUIET AFTER VIOLENT PROTEST

There was no violence reported over night in Nyanga, Cape Town police said on Tuesday. “The situation is calm, no incident has been reported,” Captain Frederick van Wyk said. A taxi driver was shot dead and buses were set alight amid a protest in the area on Monday. The 39-year-old man from Zwelitsha was apparently […]

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27 Aug 2014 Transport

MyCiti BUS SERVICE IS CTOWN’S BIGGEST BEE PROJECT – De LILLE

The MyCiTi bus service is Cape Town’s biggest black economic empowerment (BEE) project, mayor Patricia de Lille said on Wednesday. “To date, the MyCiTi project has seen an overall investment of R6.5 billion by the city as part of our commitment to infrastructure-led growth,” she said in a speech prepared for delivery. The city was […]

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