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Principal officer, Joe Letswalo, holds the overall winner’s trophy which the Transport Sector Retirement Fund received from IRFA earlier this year. (Photo: IRFA)

A transformative approach to investment

The fund’s investments assist in infrastructure development

Board members of the Highway Junction Truck Stop Mdumiseni Mabaso

Transport retirement fund making its mark

The fund brings stability to people’s lives and to help gear the country and its people for a brighter future

Picturesque view of the Highway Junction Truck Stop in Harrismith. (Photo: Anita Heyl)

Africa’s largest truck stop

The Harrismith Highway Junction Truck Stop is designed to give truck drivers a well-earned rest, for the safety of all road users

Safs Narker, chief investment officer and head of equities for Vunani Fund Managers and portfolio manager of the TRSF. (Photo: Ayanda Ndamane)

Responsible partnerships

Vunani Fund Managers is helping the TSRF perform above the benchmark

Mdumisani Mabaso. (Photo: Clinton Friedman)

Best practices abound in transport sector

The Transport Sector Retirement Fund uses cellphone technology to regularly engage, inform and educate its members

Garth Barnard, director at Moruba Consultants & Actuaries

Focussed on benefitting members

Profits from the fund’s activities are reinvested to benefit members

Truck drivers can assist to identify and help trafficking victims who have been forced into prostitution on Africa’s highways

Truckers UNiTE against human trafficking

Truck drivers are the eyes of the campaign, which combats horrific crime

Awie de Swardt, managing director of Futura SA Administrators

High rate of compliance allows for rapid investment

Compliance with pension payments is high, despite high staff turnover

Puseletso Mbele, investment consultant for the fund and fund manager at Novare Actuaries & Consultants

Investments focussed on enhancing members’ wellbeing

The fund’s investment goal is to enhance returns to members on a sustainable basis

TSRF communicates face-to-face with truck drivers by visiting the Harrismith Highway Junction Truck Stop to speak with members outside of the employer setting

Communication with members is key to fund’s success

Cellphones are the preferred channel of interaction

The TSRF plans to develop its truck stop development strategy beyond South Africa’s borders into neighbouring states. (Photo: AJ Deysel)

Sustainable transport key to sustainable development

Transport is essential to economic growth and affects people’s daily lives, but it also drives climate change and is the cause of too many deaths

Joe Letswalo, the principal officer of the Transport Sector Retirement Fund. (Photo: Clinton Friedman)

Retirement fund a reliable constant in members’ lives

Governance is good because the trustees worked in the industry, are fund members and undergo training during the year

Truck accidents cost billions each year. Truck stops allow drivers to rest properly, eat well and access a range of services, including medical services

Truck stops promote driver safety and responsible investment

The Harrismith Highway Junction Truck Stop is creating vital skills and employment