Lockdown travel savings for South Africans

ARTICLE BY

SHARE THIS POST

Due to movement restrictions, most South African vehicles have had little use during lockdown and this has resulted in time and money savings for their owners. Tracker’s anonymised vehicle tracking data aggregated from the company’s installed vehicle base and analytics from Lightstone indicates that on average, reduced use of passenger vehicles saved 1150km of driving, 30 hours on the road and R1350 in fuel, during the first month of lockdown. This is compared to the average kilometres driven, time spent on the road and money spent on fuel during the month prior to lockdown. 

Persons who travelled more before lockdown stood to gain greater savings than those with lower mileages. On average, passenger vehicles previously travelling less than 500km per month saved four hours of time on the road and R100 in fuel, while those with a typical mileage of 1500km to 2000km per month saved 40 hours in drive time and R1800 on fuel. For further comparison, 500-1000km and 1000-1500km drivers respectively saved 20 and 30 hours on the road plus R750 and R1250 in fuel spend. 

In savings of time on the road, where not only fewer trips played a role, but also the time saved getting from point A to point B due to less traffic, benefits differed across municipalities. Cape Town experienced the biggest time saving of 36 hours, followed by Johannesburg and Polokwane at 33 hours, then Tshwane, Ekurhuleni and eThekwini at 31 hours, and Rustenburg at 28 hours. 

Across the country, the trend during lockdown was greater use of smaller vehicles, particularly by households with more than one vehicle. In Johannesburg, the shift was from 65% before lockdown to 70% during lockdown of travel being done in small vehicles. Durban experienced a similar shift from 66% to 70%, while Tshwane went from 58% to 62%. For Cape Town, which has the greatest use of smaller vehicles, the shift was from 71% to 73%.

 “With many vehicles standing idle during lockdown it is not surprising that motorists have saved a lot of time and money during this period,” says Michael du Preez, Executive: Product and Marketing at Tracker South Africa. “Unfortunately, with travel significantly curtailed, many motorists would not have been able to take advantage of savings from the record fuel price decrease during April, which was close to R2 for petrol and more than R1 for diesel.” 

“While many private individuals might not have been able to take advantage of the fuel price decrease during April, the drop might have provided some relief to a few commercial operators,” says Linda Reid, Head of Data for Lightstone. “While probably not enough to make a substantial difference to the negative economic impact of the lockdown for companies, which we are already picking up in the data, perhaps this was a little helpful in containing costs for some. Distances travelled by panel vans are down from 2350km to 750km, while distances travelled by trucks are down from 3100km to 1100km. The impact on small businesses can be clearly seen in the distances driven by bakkies, which are down from 2200km to 700km.”

Subscriber Terms and Conditions

  1. APPLICATION OF TERMS
    • These terms and conditions (“Subscriber Terms”) apply to the subscription by any qualifying member of the South African Underwriting Managers Association NPC (“SAUMA”) to the services and benefits offered by FIA Services (Pty) Ltd (“FIA Services”) under the SAUMA affiliation arrangement (“Subscription”).

  2. NATURE OF SUBSCRIPTION
    • A Subscription under this arrangement:
      • does not constitute membership of FIA NPC;
      • does not confer any voting rights or governance participation in FIA NPC; and
      • is governed solely by the contractual relationship between the Subscriber and FIA Services.

  1. ELIGIBILITY
    • To qualify for the Subscription, the applicant must, at the time of application, be a current paid-up member of SAUMA.
    • FIA Services will verify the applicant’s SAUMA membership status with SAUMA prior to activation, and may re-verify such status periodically.
    • If a Subscriber ceases to be a paid-up member of SAUMA, the Subscription will correspondingly be terminated.
    • Applicants are required to authorise FIA Services to confirm their SAUMA membership status with SAUMA as part of the application process.

  1. SERVICES
    • The Subscription entitles the Subscriber to the following benefits:
      • Complimentary access to the FIA CPD Platform;
      • Complimentary access to the FIA Insight Magazine (digital edition);
      • Advertising opportunities on FIA platforms at a discounted rate of 15% (fifteen percent) off the prevailing published rates; and
      • Invitations to attend FIA Technical Webinars annually.
    • FIA Services reserves the right to update, vary or substitute the Services from time to time, provided that the overall value and nature of the benefits remain materially the same.

  1. FEES AND PAYMENT
    • The monthly subscription fee is R260.00 (two hundred and sixty rand) for up to seven registered individuals (Key Individuals and Representatives), and R36.00 (thirty-six rand) per additional registered individual thereafter, excluding VAT.
    • The Subscriber shall provide FIA Services with the required details of each individual to be registered under the Subscription for the purposes of activation and billing.
    • All fees are exclusive of VAT, which shall be charged at the prevailing statutory rate.
    • Subscription fees are reviewed annually in March and may be adjusted with effect from 1 April.
    • Any changes to the Subscription, including but not limited to the number of Representatives and Key Individuals registered under the Subscription, may only be effected once annually during the annual review period in March of each year, with such changes taking effect from 1 April.
    • Subscription fees shall be billed monthly in arrears, unless the Subscriber elects an annual billing cycle at the time of application.
    • The Subscriber shall ensure that all billing information (including contact details, authorised signatories and bank account details) is kept accurate and up to date.
    • Non-payment of subscription fees may result in suspension of access to the Services until such fees are brought up to date.
    • The Subscriber acknowledges and agrees that all subscription fees payable under these Subscriber Terms may be collected by way of debit order, which shall be processed by the holding company, FIA NPC (The Financial Intermediary Association of South Africa), on behalf of FIA Services. Payment to FIA NPC shall be deemed to constitute valid and sufficient discharge of the Subscriber’s payment obligations to FIA Services under these Subscriber Terms.

  1. ONBOARDING
    • Onboarding will be conducted as a Subscription with FIA Services under the SAUMA affiliation arrangement.
    • Onboarding will not confer FIA NPC membership status or any associated rights.
    • Onboarding is conditional on confirmation of the Subscriber’s current SAUMA membership at the time of application

  1. DATA PROTECTION
    • FIA Services will process all personal information in accordance with the Protection of Personal Information Act 4 of 2013 (POPIA) as set out in our POPIA policies.
    • By subscribing, the Subscriber authorises FIA Services to confirm their SAUMA membership status with SAUMA and to process personal information for the purposes of fulfilling the Subscription.

  1. TERMINATION
    • The Subscriber may terminate the Subscription by giving FIA Services one calendar month’s written notice.
    • FIA Services may terminate the Subscription on one calendar month’s written notice, or immediately if the Subscriber breaches these Subscriber Terms and fails to remedy such breach within 14 (fourteen) days of receiving written notice.
    • Termination of the SAUMA–FIA Services affiliation agreement shall not automatically terminate these Subscriber Terms.
    • Termination by the Subscriber shall not relieve the Subscriber of liability for any subscription fees accrued up to the effective date of termination.
    • FIA Services may suspend or terminate the Subscription with immediate effect in the event of non-payment of fees by the Subscriber.

  1. GENERAL
    • These Subscriber Terms are governed by the laws of the Republic of South Africa.
    • Any disputes arising under these Subscriber Terms shall be dealt with in accordance with the dispute resolution provisions contained in the FIA NPC membership terms and conditions, as modified to reflect that the contractual relationship is with FIA Services.
    • Any notices required under these Subscriber Terms may be validly delivered by email to the addresses provided in the Subscriber’s application form, and such notices shall be deemed received on the day of transmission if sent during business hours.
    • The Subscriber may not assign, cede or transfer any of its rights or obligations under these Subscriber Terms without the prior written consent of FIA Services.
    • No variation of these Subscriber Terms shall be of any force or effect unless reduced to writing and signed by both FIA Services and the Subscriber.