Contributing to road safety and ensuring that its buses adhere to the highest possible standards in road safety owing to the high number of accidents on that particular road, Putco is taking a proactive step in contributing to road safety initiatives.
The deployment of these vehicles also increases the visibility of law enforcement officers, the monitoring of driver behaviour and the prosecution of offenders.
This is a new initiative and, for the first time, patrol vehicles will be deployed on this stretch of road, company MD Franco Pisapia.
“The company has decided to allocate two vehicles to the Road Traffic Management Corporation (RTMC) for the use of law enforcement officers in the Gauteng and Mpumalanga provinces,” he adds.
Putco has contracted an indepen-dent inspectorate team to use two other vehicles to monitor the conduct of its drivers.
“These are equipped with speed-monitoring devices and video cameras.” Putco has also reached an agreement with law enforcement officers in the Gauteng and Mpumalanga provinces that the two vehicles donated to RTMC be deployed in the Moloto road during peak hours to enforce road traffic rules.
“Outside of these hours, the vehicles can be deployed to other areas and law enforcement officials will use their authority to enforce the observance of road traffic rules and prosecute offenders,” Pisapia comments. He adds that Putco is concenrned with the safety of commuters and is committed to improving road safety and exercises a zero-tolerance attitude for drivers who break road traffic rules.
Empowerment deal Early in September this year, Putco signed an empowerment deal, which marked a significant milestone in the company’s transformation agenda.
The deal embodies 42,6% of the company sold to historically excluded individuals, with Putco’s some 3 300 employees becoming shareholders in the company.
The Carleo family who have been the major shareholders and the facilitators of the transaction, which paved the way for the empowerment deal, will retain 57,4%.
Staff will acquire 31,6% of the shareholding, while the two women Dr Anna Mokgokong and Nomhle Canca became beneficiaries of a 3% shareholding each, while a 5% shareholding was acquired by people with disabilities, a black community group and a black youth group.
“People with disabilities, black communities and a youth shareholding will be warehoused in a trust fund account until the broad-based black economic-empowerment (BBBEE) codes are finalised,” said Pisapia at the BBBEE scheme announcement.
He also said that the BEE codes should be finalised before the end of this year.
Also speaking at the function was Department of Transport BEE director Moeketsi Sikhudo who said that the initiative was launched at a time when the Department of Trade and Industry had presented to Cabinet the finalised Codes of Good Practice on BEE for approval last month.