1990_-_2000 PUTCO



a part of putco fleet.


the effect of taxi industry had disastrous impact on putco; bus fleet reduced 2,500, carrying 120 million passengers year. 3 years later passenger numbers had dropped 82 million , bus fleet reduced 2,280. surprisingly profits increased r17,6 million. despite putco losing customers, withdrew durban after suffering considerable losses in region.


putco started first joint venture operation black partner in 1998, valuader (pty) limited, in vaal triangle. first of number of such joint ventures , lekoa transport trust established. year later ipelegeng transport trust established. in october 1990 7 people died , 27 injured when putco bus attacked @ kwamashu, north of durban. carried out members of right wing movements in south africa.








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