PARTNER WITH THE LEADING FLEET MANAGEMENT CARD
PROVIDER TO THE PRIVATE SECTOR*
africa AWARDS
March 2023
WWW.BUSINESSFLEETAFRICA.CO.ZA
Mercedes-Benz esprinter
headed to sa
isuzu celeBrates
10 years in the lead
toyota hilux
Model range updated
Proudly supported by
BUSINESS FLEET AFRICA | March 2023
WWW.BUSINESSFLEETAFRICA.CO.ZA
More about
Business Fleet Africa
EDITION 23
MARCH 2023
26
29
Isuzu celebrates 10 years in
the lead.
TABLE OF CONTENTS
3 Editorial
Business
4 The 2023 Budget speed and the transport
industry
8 The SA logistics sector recovered omewhat
in January
Road Safety
6 The need for effective driver training of
company fleet drivers
News
12 Industry News
32 News
In the headlights: HCV Fleet Vehicles
14 Isuzu Truck celebrates 10th year in the lead
16 Volvo leads booming market for electric
trucks
18 Fuso celebrates 60th anniversary
20 Mercedes-Benz eSprinter is headed to SA
22 Why today’s city traffic is more challenging
for truck drivers
Supply Chain and Logistics
26 Logistics industry trends reshaping supply
chains
Fuel
28 Li-ion battery manufacturing outlook
29 The best usage for hydrogen ICE vehicles
Fleet Management
30 Prevention is better than cure
In the headlights: LCV Fleet Vehicles
36 BMW updates 3 series
37 Fiat enhances 500X range
38 Hyundai refreshes Palisade for 2023
39 Toyota Hilux line-up treated to key updates
40 Toyota expands Corolla Cross offering
Industry Sales
41 SA commercial vehicle market remains
positive
42 Buyers Guide
PARTNER WITH THE LEADING FLEET MANAGEMENT CARD
PROVIDER TO THE PRIVATE SECTOR*
africa AWARDS
March 2023
WWW.BUSINESSFLEETAFRICA.CO.ZA
Mercedes-Benz esprinter
headed to sa
isuzu celeBrates
10 years in the lead
toyota hilux
Model range updated
Proudly supported by
40
18
March 2023 | BUSINESS FLEET AFRICA
WWW.BUSINESSFLEETAFRICA.CO.ZA
Editor
Reuben van Niekerk
reubenvn@vodamail.co.za
082 837 8801
Editor-at-large
Suzanne Walker
suzanne.walker3@gmail.com
083 3789 664
Contributors
Roger Houghton
houghtonr@mwebbiz.co.za
082 371 9097
Publisher
Jacques Wilken
jwilken@mweb.co.za
083 299 7312
Supplement Editor
Tristan Wiggill
Tristan@businessfleetafrica.co.za
Advertising and Marketing
Charlene Kruger
charlene@businessfleetafrica.co.za
076 807 4613
© 1997 WCM Media CC
Disclaimer
While all reasonable precautions
have been taken to ensure the
accuracy of information supplied,
neither the editor, the proprietors,
nor the publishers can accept
responsibility for any inaccuracies,
damages, or injury which may arise
there from.
Government needs to step in
The proliferation of car guards and street vendors directing traffic
during loadshedding is a serious concern, and traffic authorities
must do more to ensure the proper flow of traffic during times
when traffic lights are not functioning. The Automobile Association (AA) agrees that
untrained pointsmen who direct traffic could be responsible for more harm than good and
should be discouraged from this practice.
While the intention is noble, and in many cases traffic does flow, it only takes one serious
accident to realise the folly of this endeavour. Since the pointsmen are not legally authorised
to perform this duty, there will be no legal recourse should something go wrong.
The Association says, however, that motorists have no choice but to comply with the
directions given in such circumstances because all drivers are following the instructions. “It
is impossible for one motorist to ignore these instructions as this would cause chaos when
other drivers are complying. This situation requires urgent intervention by traffic authorities
who, in many cases, are simply nowhere to be seen when traffic lights go down,” says the AA.
Loadshedding schedules are widely available, and traffic authorities should do more
to deploy personnel to those areas which carry the most traffic, specifically during peak
traffic times.
Some good news in the 2023 Budget Speech
During the 2023 National Budget recently presented by Finance Minister Enoch
Godongwana government acknowledged that constraints in logistics had negatively
affected economic growth and employment. Shocking is the fact that more than a quarter
of long-distance freight traffic has shifted onto the road in the past five years as a result of
severe deterioration of the freight rail network.
“This is due in large part to historical underinvestment in the network. Prolonged pow-
er failures and poor operational performance of transport industries continue to hamper
operations and investment in manufacturing, mining and agriculture. Several reforms are
under way to improve the performance of the transport sector, specifically freight rail and
to improve the capability of the state.” said Godongwana.
More important than the acknowledgement, was the invitation to the private sector to
get involved in a potential solution. Government is currently pursuing greater competition
in transport and logistics through third-party access to the freight rail sector which is now
in a pilot phase. In addition, several other reforms are in place to support recovery in the
transport sector.
It is great to see that the transport industry formed such a big part of this year’s budget
speech. We can now only hope that these measures are practically put in place because they
should have positive effect on the economy while also contributing to improved road safety.
Reuben van Niekerk
Editor
Editorial
EDITORIAL
WWW.BUSINESSFLEETAFRICA.CO.ZA
Win big with Business Fleet Africa
R10 000 up for grabs in the Business Fleet Africa readers competition.
To kick start 2023, we at Business Fleet Africa will be rewarding one lucky reader with a R10 000 prize.
Each month (From the February 2023 issue) there will be a set of questions, the answers to which
can be found on the pages of that issue of Business Fleet Africa. Each month, up until the July issue,
you can enter as many times as you like. The winner will be drawn randomly on the 31st of July 2023.
To view the second round of questions, enter and for the Terms & Conditions of this competition
please click on the link above.
Enter here
On 22 February, the Minister of Finance,
Enoch Godongwana, unveiled the
National Budget. The proposed budget
allocation aims to strike a balance
between national spending priorities
and limited resources.
Despite a wide variety of geopolitical
factors, South Africa’s economy grew
by an estimated 2.50% in 2022, which
was an improvement on the projected
figure of 1.9%. Real Gross Domestic
Product is projected to average 1.4%
between 2023 and 2025 and Stats SA
predict a 2.0% GDP projection for 2023.
As with the economy vehicle sales
showed better growth than expected,
outperforming the country’s GDP and
growing 19.3% year-on-year with the
retailing of 363 092 units compared to
the 304 341 of 2021.
The 2023 Budget speech focused
on the energy crisis, tax cuts for
households and businesses, increases in
various social services, including health,
education and various social grants and
the R903 billion earmarked for infra-
structure spending.
If the planned Eskom debt takeover
realises, business can look forward to
less load-shedding as the resources
which would have gone to servicing
debt will now be used to maintain the
Eskom infrastructure. This will hopefully
result in businesses spending less on
BUSINESS
The 2023 Budget speech
and the transport industry
‘The 2023 National
Budget made it clear
that in the short term,
all available additional
resources were being
utilised to mitigate
the impact of the
ongoing energy crisis,
and that means that
a variety of other
important initiatives
were unfortunately put
on the back burner.’
BUSINESS FLEET AFRICA | March 2023
WWW.BUSINESSFLEETAFRICA.CO.ZA
March 2023 | BUSINESS FLEET AFRICA
WWW.BUSINESSFLEETAFRICA.CO.ZA
running alternative energy solutions
such as fuel-powered generators.
The 25 percent rebate, up to
R15 000 for residential solar installa-
tions and the rebate guarantee scheme
for business bodes well for helping
South Africans cope with ongoing
power outages and rising energy costs.
In addition, zero increases in cor-
porate tax, personal income tax, VAT,
fuel levy and road accident fund levy
should significantly help ease cash flow
pressure on businesses.
The projected R903 billion to be
spent on infrastructure, including
roads, power plants and water supply
initiatives, is also welcomed.
“The 2023 National Budget made it
clear that in the short term, all available
additional resources were being utilised
to mitigate the impact of the ongoing
energy crisis, and that means that a va-
riety of other important initiatives were
unfortunately put on the back burner,”
says Derick de Vries, Executive Head of
Standard Bank Fleet Management.
The automotive industry was
collectively disappointed that no solid
commitment was made on the support
programme for the manufacturing of
New Energy Vehicles and New Energy
Vehicle components in the country.
The Minister did also not provide
any policy guarantees for the South
African automotive industry’s inevitable
transition. Delays with the promulga-
tion of the New Energy Vehicle White
Paper continue to represent one of the
biggest risks regarding the retention of
jobs and manufacturing contracts at
local vehicle production facilities.
“The future of the South African
automotive industry with regards to
local manufacturing will be based on
the ability to deliver the vehicles with
the drivetrains that the global market
demands going forward, and this can
only be done with the support of gov-
ernment, who needs to rubber stamp
the legislation needed to make the
manufacturing of new energy vehicles
viable,” adds de Vries.
The potential loss of local vehicle
manufacturing in any form will have a
massive impact on the South African
automotive industry in various ways,
including job losses. Another area that
will suffer greatly is vehicle pricing,
currently offset by the APDP import-ex-
port credit programme.
Increased vehicle prices, which are
already under pressure due to the
weakening exchange rate, will result
in increased transport costs across
the board. Along with increased new
vehicle prices comes increased service,
maintenance and insurance costs.
Increased new vehicle prices will
make it that much more difficult for
transporters to upgrade their fleets
when necessary and will lead to in-
creased maintenance costs as well as an
increased chance of vehicles falling into
an unroadworthy state and contributing
to our already grim accident and road
fatality numbers.
“While the strategies that are being
put in place to mitigate the fallout
of ongoing load shedding due to the
failure of Eskom are welcomed, it is
a pity that this must be at the cost of
other initiatives that are critically im-
portant to keeping the country’s wheels
turning,” concludes de Vries.
Standard Bank continues to offer
customers various innovative solutions
that help them utilise the vehicles
they need to run their business as
their needs and affordability change,
from traditional loan agreements to
a variety of fleet management and
leasing options that suit every need and
affordability case. BFA
ROAD SAFETY
Before writing this article, I was viewing
video footage of another horror crash
involving dozens of cars being destroyed
by a run-away side-tipper in KwaZulu
Natal. Studying the aftermath of the trail
of destruction left by the juggernaut
revealed that it was a sheer miracle
that there were no fatalities. However,
emergency services reported many
injured, some very seriously.
This follows a horror crash that
claimed the lives of 22 people in
Limpopo when a head-on collision
occurred between a mini-bus and a
cement mixer. Over the past weekend a
high-speed crash claimed the lives of an
MEC and his VIP bodyguard when they
crashed into some stray cattle in the
Free State.
Sadly, these are only the high profile,
major fatal crashes that are covered
by the media. Dozens more people are
killed daily on our roads in accidents
which go un-reported, and, in most cas-
es, these senseless deaths are avoidable.
Whenever the topic of advanced,
defensive driver training comes up with
my fleet clients, I’m often asked: “Why
do they need additional training, they
can drive – they have a license!”
For many companies, additional
driver training is seen as a waste of
time and money. I know of many fleet
companies which do not even screen
new-hires effectively. Most new recruits
are subjected to a quick drive around the
block alongside a “madala” driver before
the recruit is given the thumbs-up to get
behind the wheel of a rig costing millions
of rand.
It is only when there is a major crash
that owners start looking around for a
service provider for a quick fix.
For those contractors who provide
transport for certified and accredited
operators, defensive driving is not a lux-
ury, but a necessity. It forms part of the
policy and culture of the organisation
and is non-negotiable. These progres-
sive companies have recognised that
driver training is a small price to pay for
improved peace of mind. Driver training
is an investment, not an expense.
It is assumed that the holder of a
driving license can operate a vehicle of
that class. The reality is that with the
high levels of fraud and corruption at
license testing stations, many drivers
buy their licenses with the least amount
of training. The training is often inade-
quate and unprofessional with limited
exposure behind the wheel. The actual
driving experience commences when
they are offered a driving position at
your company, driving your vehicles in
peak traffic, carrying a heavy load.
A vehicle is a lethal weapon and driv-
ing is a hazardous occupation. Drivers
are exposed to much longer hours of
workplace risk than other employees.
Truth be told, a fleet driver is subjected
to greater hazards on the road than an
airline pilot. Yet we are happy to accept
mediocre driving standards, with limited
driver training.
The need for effective training
of company fleet drivers
BUSINESS FLEET AFRICA | March 2023
WWW.BUSINESSFLEETAFRICA.CO.ZA
March 2023 | BUSINESS FLEET AFRICA
WWW.BUSINESSFLEETAFRICA.CO.ZA
In some cases, we even applaud
drivers who break traffic rules to get
the deliveries done on time. This is a
recipe for disaster that could come back
to haunt company fleets that run their
operations on short-cuts.
Even seasoned drivers with years of
no-crash experience need to undergo
refresher training, as complacency and
bad habits set in, giving such drivers a
false sense of security, which could end
in disaster. Human beings are creatures
of habit who always default to the route
of least resistance which results in
carelessness and negligence and heaven
forbid, outright recklessness.
There are no prescripts in law that
govern advanced, defensive driver
training. However, there are many global
best practices that professional opera-
tors employ.
Here are some driver enhancement
best practices and guidelines from
professional operators;
Q Pre-hire screening is non-negotiable
and must be done professionally.
Drivers spend the bulk of their time
driving so they should be thoroughly
assessed in terms of driver attitude,
driving competence, legal compliance
as well as driving economically and
with mechanical sympathy.
Q New recruits should undergo a work-
shop on the contents of the compa-
ny’s transport and safety policy as
part of their induction process. They
must sign a pledge agreeing that they
understand, acknowledge and will
apply the various prescripts, a copy of
which should be filed with the Human
Resources department.
Q All new drivers should undergo a
certified advanced, defensive driving
skills course by an accredited service
provider with a track record for
reducing operational costs for their
clients. The course should cover,
amongst others, critical aspects
under the broader definitions of
driver fitness, vehicle fitness, loads
management, documentation and
importantly, managing hazards and
driving in adverse conditions.
Q The international best practice norm
suggests the following minimum
training cycles:
Q Abnormal loads and conveyance
of dangerous goods: minimum
every 12 months.
Q Passenger transport vehicles
(buses, mini-buses, scholar trans-
port, ride hailing, shuttle bus etc.):
minimum every 12 months.
Q Light delivery vans and cars:
minimum, every 24 months.
Q Delivery motor-cycles, every 12
months.
Q Driver monitoring and evaluation
should be integrated into the driving
environment. In this way, your top
drivers and those habitual offend-
ers at high risk can be identified
through your fleet management
system. Based on this information
appropriate action can then be taken,
such as monthly awards for the best
drivers and coaching for the bad
drivers. These interventions must
be recorded should it lead to formal
disciplinary measures for those who
fail to comply.
Q Ride alongs by supervisors and by
peers are an excellent way of getting
drivers to refresh and share safe
practices with each other, provided
they themselves have been taught
the correct way in the first place.
Drivers are not the only ones who
reap the benefits of continuous safe
driving practices through effective
driver training. The company will see a
definite reduction in offences, incidents
and casualties. Other benefits include
lower fuel costs, reduction in repairs
and maintenance and savings in time
and insurance costs, all of which should
result in a significant reduction in
operational costs.
A good driver is an asset to the com-
pany. Investing in their enhancement
leads to greater confidence, morale and
productivity which leads to a positive
image for your company. Not to mention
protecting the lives of other, innocent
road users, which is something that no
value can be attached to. BFA
Ashref Ismail is a multiple
award-winning road safety
practitioner with more than 35
years’ experience at provincial,
national and international levels.
He holds qualifications in Traffic
and Municipal Policing, Teaching,
Public Relations and Professional
Driving. He currently runs his own
fleet risk management consul-
tancy, specialising in advanced,
hazard management training and
driver wellness.
Following four consecutive months of
contraction, the South African logistics
sector as measured by the Ctrack
Transport and Freight Index recovered
considerably during January, though
off a low base. The Ctrack Transport
and Freight Index increased by 1.5% in
January following a monthly decline of
3.4% in December (and declines in the
preceding three months). On an annual
basis the Ctrack Transport and Freight
Index ended 2.1% higher than a year
earlier, a far cry from the annual growth
rate of 13.7% recorded in August 2022.
The sector has faced many headwinds
during 2022 and still finds itself in
recovery mode as we enter 2023.
The detrimental impact of the Transnet
strike on the logistics sector in the final
months of 2022 as well as the growing
voice of business decrying the dismal state
of the rail industry have, at last, resulted in
some attention from government. During
the 2023 National Budget presented by
Finance Minister Enoch Godongwana on
22 February 2023 government acknowl-
edged that constraints in logistics had
negatively affected economic growth
and employment. Quoting from the 2023
Budget Review document: “More than a
quarter of long-distance freight traffic has
shifted to roads in the past five years as a
result of severe deterioration in the freight
rail network.
This is due in large part to historical un-
derinvestment in the network. Prolonged
power failures and poor operational per-
formance of transport industries continue
to hamper operations and investment in
manufacturing, mining and agriculture.
Several reforms are under way to improve
the performance of the transport sector,
specifically freight rail and to improve the
capability of the state”.
More important than the acknowl-
edgement, was the invitation to the
private sector to get involved in a potential
solution. Government is currently pursuing
greater competition in transport and
logistics through third-party access to the
freight rail sector which is now in a pilot
phase. In addition, several other reforms
are in place to support recovery in the
transport sector, which were also pointed
out in the budget speech including;
Q The Economic Regulation of
Transport Bill, which will establish the
transport regulator, has been tabled
in Parliament.
Q Transnet is taking steps to improve
operations in key corridors, for
example software upgrades that will
increase efficiency through better
signalling.
Q Additional intervention in the form of
steps to prevent theft and vandalism
The South African logistics sector
recovered somewhat in January 2023
BUSINESS FLEET AFRICA | March 2023
WWW.BUSINESSFLEETAFRICA.CO.ZA
TRANSPORT AND FREIGHT INDEX
Graph 1 Ctrack Transport and Freight Index % change on monthly basis
CTRACK
Jul-18
Jul-19
Jul-20
Jul-21
Jul-22
Jan-18
Jan-19
Jan-20
Jan-21
Jan-22
Oct-18
Oct-19
Oct-20
Oct-21
Oct-22
Jan-23
Apr-18
Apr-19
Apr-20
Apr-21
Apr-22
8%
6%
4%
2%
0%
-2%
-4%
-6%
-8%
-10%
Recovery Post Lockdown
KZN Looting
Covid 19 Hard-Lockdown
KZN Floods
Transnet Strike
-3.4%
1.5%
March 2023 | BUSINESS FLEET AFRICA
WWW.BUSINESSFLEETAFRICA.CO.ZA
and resolving legal challenges in
relation to locomotive procurement.
Q The operations and infrastructure
management functions of Transnet
Freight Rail are due to be separated
by October 2023, a step intended to
facilitate competition and improve
pricing.
Rail Freight was the worst performing
sub-sector of the Ctrack Transport and
Freight Index in 2022 and has been
underperforming for years, so steps
to address the sector’s challenges
are welcomed and if these steps are
implemented it could potentially be a
major boost for the logistics sector. The
Rail Freight component of the Ctrack
Transport and Freight Index declined by
26.3% year on year in January 2023, the
10th consecutive decline recorded.
“It is very heartening to see that the
transport industry formed such a big part of
this year’s budget speech. We can now only
hold thumbs that the proposed reforms
are put in place efficiently and effectively
as they are most certainly required for the
ongoing survival of many of the sectors of
the transport industry,” says Hein Jordt,
Chief Executive Officer of Ctrack Africa.
While the obvious beneficiary of the dis-
mal state of Rail Freight has been the Road
Freight sub-sector, the growing number
of heavy trucks on South African roads is
having a continued negative effect on the
quality of the road network and has accel-
erated the need for ongoing maintenance.
The additional allocation of R12.4bn in the
2023 National Budget for the rehabilitation
of provincial roads, to reduce the road
rehabilitation and strengthening backlog on
national roads is welcomed and will result in
spending on roads increasing from R61.8bn
in 2022/23 to R85.5bn in 2025/26. The
budget also noted that the South African
National Roads Agency Limited will increase
the length of the network in active mainte-
nance from 1 200 kilometres in 2022/23 to
2 400 kilometres in 2025/26, and the length
of the network in active strengthening to
600 kilometres by 2025/26.
The number of heavy trucks on both
the N3 and N4 toll routes increased in
January 2023 compared to a year ago,
while the Road Freight payload for the
country also continued to grow. This
is confirmed by the fact that the Road
Freight component of the Ctrack Transport
and Freight Index increased by 17.0% year
on year in January 2023, the 22nd straight
month of double-digit annual growth.
The Air Freight sector, which turned
out to be one of 2022’s star performers,
showed signs of moderation in January
2023. All the underlying components of the
Air Freight sub-sector declined on a month-
ly basis, including total consolidated airport
flight movements, which decreased by 1.9%
while cargo on planes decreased by 9.9%
in January. According to the International
Air Transport Association (IATA), the
lower demand for air cargo is now evident
across the globe, reflecting the multiple
headwinds facing the global economy and
spilling over to trading partner countries. Air
cargo tonne-kilometres (CTKs) to Africa was
down 10% year on year in January. The Air
Freight component of the Ctrack Transport
and Freight Index subsequently declined by
1.8% in January compared to the previous
month, but still grew by 4.6% compared to
the same period last year and 7.8% year on
year ending in December.
The Sea Freight component of the
Ctrack Transport and Freight Index
component declined by 9.8% in January
compared to a year ago but increased on a
monthly (9.6%) and quarterly basis (4.6%),
reflecting a hesitant recovery in Transnet
ports’ activities following the prolonged
strike in October 2022. However, container
Graph 2 Transnet freight rail volumes and train km
CTRACK, 2023 NATIONAL BUDGET
TFR Traffic (RHS)
TFR Volumes
2010/11
2011/12
2012/13
2013/14
2014/15
2015/16
2016/17
2017/18
2018/19
2019/20
2020/21
2021/22
230
220
210
200
190
180
170
55
50
45
40
35
30
25
Million tonnes
Million train km
Graph 3 Average daily coal trucks: Port of Durban and Richards Bay
CTRACK, 2023 NATIONAL BUDGET; 2022 DATAPOINT INCLUDES DATA UP TO OCT22
600
500
400
300
200
100
2020
2021
2022
2019
Daily trucks
To Port of Durban
To Port of Richards Bay
BUSINESS FLEET AFRICA | March 2023
10
WWW.BUSINESSFLEETAFRICA.CO.ZA
handling in the country remains 33.8%
below the September 2022 pre-strike
level. Cargo handling was also negatively
impacted by the strike and has only
partially recovered in the past few
months, confirming fears that it will take
the industry months to recover from the
crippling strike.
The Storage and Handling sub-sector of
the Ctrack Transport and Freight Index sec-
tor was under pressure for most of 2022,
with a trend of declining inventory levels
evident before the Transnet strike just
made matters worse. Storage and Handling
declined by 16.6% in January compared
to a year ago and declined on a monthly
(-3.8%) and quarterly basis (-11.7%).
The transport of liquid fuels via
Transnet Pipelines (TPL) increased strongly
in January 2023, with the pipeline compo-
nent of the Ctrack Transport and Freight
Index increasing by 6.1% on a monthly
basis, however, still tracking 2.1% lower
when compared to a year earlier.
Ctrack TFI and GDP growth
The December 2022 Ctrack Transport
and Freight Index (112.1) declined notably
compared to the September level (120.7),
signalling that the transport sector has
probably been a negative contributor to
economic growth in the fourth quarter
of 2022. The transport sector will most
likely underperform compared to some
of the other sectors of the economy, in
contrast to its outperformance during the
third quarter. The negative impact of the
prolonged Transnet strike put a damper
not only on the transport sector’s contri-
bution, but also the broader economy’s
performance during the fourth quarter,
given linkages to other sectors. This is
already evident in negative growth rates
recorded in the fourth quarter of last year
for both the mining and manufacturing
sectors, which are both heavily reliant
on the transport sector, and a consensus
view that the economy contracted on a
quarterly basis during the fourth quarter.
Over and above the strike’s impact, the
ongoing challenges of harsh load shedding,
the high costs of living, increased produc-
tion costs due to high fuel prices, rising
wage demands and elevated interest rates,
will continue to contribute to the country’s
dismal economic performance into 2023.
“The South African economy is in dire
need of a functioning logistics network
amid all the economic woes currently
plaguing our country and all stakeholders
should unite to address the obstacles
in the industry. From this point of view,
recent developments to address the sec-
tor’s challenges, as mentioned in the 2023
National Budget, is indeed a step forward
and welcomed,” concluded Jordt. BFA
Table 1 Change in Ctrack Transport and Freight Index in January 2023
Percentage change between
Rail
Road
Pipeline
Sea
Air
Storage and
handling
Ctrack Freight
Transport Index
January 2023 vs January 2022 (y/y)
–26.3%
17.0%
–2.1%
–9.8%
4.6%
–16.6%
2.1%
January 2023 vs December 2022 (m/m)
–3.2%
2.8%
6.1%
9.6%
–1.8%
–3.8%
1.5%
Quarter to January 2023 vs. Quarter to October 2022 (q/q)
–19.4%
0.9%
–0.8%
4.6%
0.8%
–11.7%
–3.5%
Note: The row highlighted in blue is the main Ctrack Transport and Freight Index values used.
Source: Ctrack and economistscoza, TNPA, StatsSA, SARS, N3 and N4 toll concessions, ACSA, ACOC, IATA.
Graph 4 Real GDP growth vs Ctrack TFI (q/q change)
STATSSA, CTRACK
20
15
10
-5
-10
-15
-20
Real GDP Growth
Ctrack TFI
201801
201901
202001
202101
202201
201803
201903
202003
202103
201802
201902
202002
202102
202202
202203
202204
201804
201904
202004
202104