Company Structure

Board and Exco


Golden Arrow Bus Services is wholly owned by Hosken Consolidated Investments (HCI), a black empowerment investment holding company which is listed on the Johannesburg Stock Exchange. HCI’s major shareholder is the SACTWU Investment Group, the investment vehicle for the South African Clothing and Textile Workers Union.


The HCI Group is a diverse combination of investments including hotel and leisure; interactive gaming; media and broadcasting; transport; mining; clothing and properties.



Yunis Shaik (B.Proc): “ Yunis serves as an Executive Director on the board of Hosken Consolidated Investments (HCI). He has served as Deputy General Secretary of the Southern African Clothing and Textile Workers Union (SACTWU). He served as Senior Commissioner of the Commission for Conciliation, Mediation and Arbitration (CCMA) from 1999 to 2001. He is an Attorney of the High Court of S.A. and has served as an Acting Judge of the Labour Court”.



Deputy Chairman:

Kevin Govender, B.Comm (Hons), B.Compt (Hons) "Kevin is the Financial Director of HCI. He joined the HCI group in 1997 and held the position of Company Secretary. He was promoted to Chief Financial Officer in 2001. He holds directorships in several of HCI subsidiary companies and is a trustee of the HCI Foundation. He was appointed to the HCI Group as an Executive Director in 2009."



Chief Executive Officer:

"Francois Meyer, B.Comm, MBA “Francois joined the company in 1991 as Project Manager overseeing the company’s Mossgas contract. He was appointed Operations Manager in 1992, assumed the position of General Manager in 2004 and became Chief Executive Officer in 2015. He is chairman of the Operations Committee of the South African Bus Operators Association (SABOA)."




Executive Director:

Mark Wilkin, B.Comm, CA (S.A.) "Mark joined City Tramways in 1983 and was appointed Financial Director in 1988. As part of the team that negotiated the management buy-out of City Tramways, he is a founding Director of the present day Golden Arrow Bus Services."





Naziema Begum Jappie MSocSc, HESA : "Naziema brings with her a distinguished and varied background in fields including education, labour law, conflict resolution and performance and project management. Her qualifications include a Masters in Social Science (University of Natal) and a Higher Education Diploma (UNISA). She has served as SACTWU’s national education officer, Executive Director at the Durban University of Technology and Dean of Students at the University of the Witwatersrand. She is also Vice President of South African Women’s Forte, Vice Chair – HEAIDS Strategic Advisory Committee (HESA), Member of Institute for Directors of South Africa, Member of Muslim Women’s Shura Council and Secretary for the Vula-e-Noor Organization (working with orphan children). Naziema was appointed in 2013."



General Manager:

Derick Meyer, Road Transport Management (Dip) and MDP. Derick joined the Company in 1981 and has since occupied positions including Schedules Manager and Manager for Golden Arrow’s MyCiTi Subsidiary TBRT. He was appointed as General Manager in 2016.



Human Resources Executive:

Meko Magida, B.Proc, LLB, LLM  "Meko joined Golden Arrow in 2009. Prior to this, he held the positions of Director for Institutional Support Services in the Western Cape Provincial Legislature; Director for Equal Opportunities in the Department of Labour and Senior H.R. Manager at Woolworths."




Company Engineer: 

Roger Overton Roger joined City Tramways in 1982 as Training Manager. He was appointed as Technical Advisor to the General Manager in 1983 and Assistant General Manager: Engineering in 1984. In 1992 he assumed the position of Company Engineer and was part of the management buyout team which established the current day GABS. He is Chairman of the South African Bus Operators Association (SABOA) Technical Committee and a part-time Lecturer at the University of Johannesburg’s Department of Transport Studies.



Corporate Affairs Executive:

John Dammert, B. Soc. Sci., MBA. "John joined the company in 2006 as Corporate Development Manager. He has previously overseen the corporate affairs function at executive level at TOTAL Namibia and Namibia Breweries Limited and prior to this served as the Chief Executive of the Namibia Chamber of Commerce and Industry