Many have tried, many have failed. Doing business in Africa requires a shift from a typical mindset, and while the word ‘risk’ is taboo among the world’s most prominent money lenders, there are ways to strategically mitigate uncertainties when it comes to credit in African markets. Based on Tata International […]
Fleet operators in the commercial vehicle sector are challenging conventional thinking and business practices. This is according to John Loxton, WesBank Head of Fleet Management and Leasing. “The world has changed from the days when corporate truck operators used to manage all operational functions themselves. We have witnessed an acute […]
Volvo Financial Services South Africa has announced the end of its alliance with WesBank, a division of First Rand Bank effective February 2020. Volvo Financial Services, the global captive finance company of the Volvo Group, which began doing business, in its own right, in South Africa in 2017, will continue […]
Volvo Trucks is now introducing the Volvo Flexi-Gold Contract – a new usage-based service contract where monthly fees are aligned with actual mileage. This means hauliers have greater flexibility to adapt their operations to market conditions and demand. Connectivity has paved way for new, flexible solutions for service contracts and […]
Owning a transportation business, be it to transport cargo, people or commercial goods, is an expensive investment. You need to ensure you have the correct equipment to do the job, as your bottom line depends on successful delivery. While a trucking business requires a variety of different sized trucks, it’s […]
At approximately 04:00 on Sunday morning, the Marshall Security Emergency Contact Centre received a call for assistance from a security guard on a site in Umgeni Road, in the Morningside area. The guard stated that there was an unknown male suspect on site attempting to break into the delivery vehicles. […]
Amid consistently gloomy new-vehicle sales figures for 2016, a small yet startling statistic seems to be bucking the trend. Over the first six months of the year, Standard Bank Fleet Management has recorded a 5% increase in new customers who prefer to lease their vehicles instead of buying them, compared […]
