FREIGHT AND LOGISTICS

JOINT VENTURES

Joint venture companies operating within Unitrans Freight and Logistics are:

Klipstone Transport (Pty) Ltd

Klipstone Transport (Pty) Ltd is a company engaged in the transport of cementitious products for Afrisam (Pty) Ltd. The Unitrans shareholding in this company is 64%, with Magnificent Mile Trading 120 (Pty) Ltd, a Black Economic Empowerment (BEE) company holding 26% and Afrisam (Pty) Ltd holding the balance of 10%.

Induna Tippers

Induna Tippers undertakes the transportation of material being excavated during the construction phase of the Gautrain Rapid Rail Link in Gauteng. The shareholders in this BEE joint venture are Strategic Partners Group Investment and Operations (SPGIO), the BEE company which has a 25% shareholding in the Bombela Concession company, with a shareholding of 50,5% and Unitrans Supply Chain Solutions, which has are shareholding of 49,5%.

Setjhaba Carriers

Setjhaba Carriers provides a load and haul service of the tailing resources from the De Beers Kimberley Mine to the Combined Treatment Plant, also in Kimberley. The shareholders are Magnificent Mile Trading 120 (Pty) Ltd with 15%, Unitrans employees working with Setjhaba will own 10% through a staff trust, the Mme Re Ke Thusa Trust will have a 5% shareholding, and the balance of 70% is held by Unitrans Supply Chain Solutions.