Tag: South Africa

Poor start to South Africa’s bid to regulate courier firms

Only about 5% of the thousands of courier companies that should have applied for licences under new regulations have done so, according to estimates by the South African Express Parcel Association. This signals a poor start to government’s efforts to regulate the industry. Companies transporting items that weigh less than 30kg had to apply for licences by May under new regulations introduced mainly to protect the Post Office from unfair competition. The Postal Regulator was expected to issue the first batch of licences at a ceremony on Friday. Garry Marshall, executive director of the association, said yesterday that all the large operators such as Fedex, DHL, TNT and Sun Couriers had applied for licences. They account for about 80% of the industry, which has turnover of more than R6bn a year.

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South Africa Post Office – budget gives room for some creative expansion

After years of financial losses and poor operating performances the SA Post Office (Sapo) is beginning to redeem itself. It has made a remarkable transition from a dud state-owned entity into a profitable outfit that has become a net taxpayer for the first time. Credit for this should largely go to former CEO Maanda Manyatshe, who took over the loss-making organisation five years ago and turned it around. He left to join MTN earlier this year. His successor, Khutso Mampeule, who arrived at Sapo in June, has inherited a stable organisation with good cash flows to enable him to steer it in a new direction that seeks to modernise the postal system and corporatise its banking arm, Post Bank, in a few years. Sapo’s operational profits jumped 400% to R135m (R27m) for the March 2005 financial year. Post Bank, which once suffered huge losses, is powering away, says Mampeule, with 13% growth in funds to R2bn.

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South African Post Office makes R135m profit

The South African Post Office made a 135 million rand profit from trading operations for the financial year ended March 2005 – an improvement of 108 million rand on last year. It was the Post Office’s second year of profitability. Cash generated from operations amounted to 371 million rand.
Newly appointed CEO, Khutso Mampeule said:”Naturally we are excited to announce the ground breaking financial results, especially because there’s a huge improvement from last year’s financial results.”

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DHL, MSD to alleviate river blindness

Patients suffering from river blindness and lymphatic filariasis in Africa, Latin America and Middle East may soon heave a sigh of relief, following an agreement reached between DHL and Merik Sharp and Dohme (MSD) to facilitate the delivery of Mectizan to those continents.

A statement signed by DHL’s communications Manager, Daniela Peter said the development would hold a lot of hope to those regions.

Under the new arrangement, which was signed last week DHL will offer at-cost shipping of MECTIZAN from MSD’s facility in Clermont-Ferrand, France to endemic countries through DHL’s reliable air express services. The new agreement builds upon an existing relationship between DHL and MSD and combines the core capabilities of the two companies to ensure rapid and flexible delivery of the drug.

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GeoPost sets sights on a global service

GeoPost, the pan-European parcel service owned by La Poste, plans to go global with an intercontinental deferred product in 2006. Claude Béglé, CEO of GeoPost International, told Transport Logistik the company would seek a partnership approach in mature markets such as the US. But elsewhere, it was prepared to invest. “South America is under-invested by integrators, ” Béglé said. “We are already having concrete discussions in Brazil, and talks in Argentina and Chile.” China, India and South Africa were among other countries earmarked by GeoPost.

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