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Breaking etiketine sahip kayıtlar gösteriliyor. Tüm kayıtları göster

20 Şubat 2015 Cuma

You are breaking the law and taking a massive financial risk if your truck driver is not validly licensed!




Earlier this week we found a massive wake-up call to fleet operators at the announcement by the RTMC of the large numbers of truck drivers and public transport drivers who are not validly licensed.


In the story titled “Close to half a million freight and public drivers do not qualify to be on South African roads says RTMC” we found some rather alarming statistics on the numbers of illegal drivers on our roads!


Wheels24 also commented on this in a story titled “500 000 ‘pro drivers’; loose without docs”


The Arrive Alive website was asked for comment on we replied with the following:


“What we know would be true is that there is a breach of contract in such an instance between the insurer and the insured client. The insurance contract would be based on the agreement that a roadworthy vehicle will be transported at all times by a legally licensed driver . If these conditions are not complied with the insurer will in my mind have a right to repudiate such a claim should it arise..”


We have since confirmed this with several insurers and would like to share a comment received from the truck insurance experts from Hollard:


“The insurance policy clearly excludes cover for a client where a client is not validly licensed and this would extend as far as the PRDP for trucks and taxi drivers. The Insurer does not even have to prove this was the cause of the claim as the Ombudsman will not assist anyone breaking the law.


On the issue of a roadworthy vehicle most policies actually state the lack of road worthiness must have been material to the claim. For example if a driver’;s tyres are smooth and the vehicles skids after breaking, the claim will not be paid.”


It is also worth noting what Justice Project South Africa has to say on this matter. Howard Dembovsky emphasizes the need for greater enforcement on this matter:


“I completely concur with your assertions on this. Not only may an insurance company repudiate any claim, but I can say with almost absolute certainty that they would. Insurance companies are in the business of minimising their risks and pay-outs and the lack of a PrDP when operating a vehicle of the class that requires one essentially means that the driver is unlicensed to operate the vehicle. What absolutely gobsmacks me though is the fact that the RTMC has made these assertions yet we rarely hear of any law enforcement exercises where HGV drivers are taken to task over this issue.”


Every driver who drives without the required driver license is breaking the law. If negligence has to be established in the event of a road crash, driving without a valid license would be a first step to confirm that the conduct of the driver deviated from that of a reasonable driver. [ The Pinetown truck crash is an example where the license was found to be fraudulent]


It is important to emphasize that your insurance will only cover damages of the driver and vehicle is legally licensed – you will not be able to challenge the insurer who repudiates such an insurance claim  - a risk no transport operator can afford to take!



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You are breaking the law and taking a massive financial risk if your truck driver is not validly licensed!

13 Şubat 2015 Cuma

Breaking up isn’t hard to do…




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Breaking up isn’t hard to do…

1 Ekim 2014 Çarşamba

Are you breaking even on your savings?





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The days of double digit interest prices are lengthy gone. While this is wonderful for these paying off a property loan, it’s undesirable news for those attempting to discover a wholesome return on their savings. Sadly the low official cash price is at present paired with an inflation price at the higher finish of the Reserve Bank’s comfort level. It is a combination that makes it practically impossible for savers to remain ahead of the game appropriate now. In truth even savers on the most typical marginal tax rate of 34.5% (which includes Medicare levy) are struggling to improve their wealth after inflation and income tax are taken into account.


The table below shows the gross before-tax return that is needed from a savings account in order to break even, across the different income tax thresholds.

















Marginal Tax Rate %Inflation rate %Gross prior to-tax return necessary to break even %

21.00%



3.00%



3.80%



34.50%



3.00%



4.58%



39.00%



3.00%



4.92%



49.00%



3.00%



5.88%


 Calculations include Medicare levy of 2% and temporary price range repair levy of 2% for taxable incomes more than $ 180,000


The combination of money rate and inflation tends to make it even a lot more critical than usual to select an account that gives outstanding worth for income across prices, fees and features. CANSTAR has crunched the numbers on 418 deposit accounts from 85 diverse institutions to decide which items provide outstanding value for funds. You can check the information here.







Are you breaking even on your savings?

30 Mayıs 2014 Cuma

Two to appear in Randburg court facing the charges of being in possession of car breaking implements.





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2 suspects aged between 37 and 39 years will appear in the Randburg magistrates’ court facing the charges of being in possession of car breaking implements.


On Wednesday, 28 May 2014 at approximately 07h05, the police received a tip off about the suspects waiting to strike any unsuspecting motorist who locked their vehicles using remote controls without testing their doors before leaving for their daily activities at Ferndale, Randburg CBD.


The police acted immediately on the tip off and arrested 2 suspects who were found in possession of gate remote controls, a jamming machine plugged into the cigarette lighter, different number plates and other equipment. Investigations continue to determine if the suspects are connected to other crimes around the area.


Also view:


What are the tools and devices used may modern day vehicle thieves?


Do not trust your remote control to secure your car safely!







Two to appear in Randburg court facing the charges of being in possession of car breaking implements.