Matsebula’s Bus Service was originally started in the late 1960’s by Messrs Samuel -, Michael – and their father, Mpopoli Matsebula. They were later joined by their younger brother, Joseph Matsebula. Matsebula’s Bus Service operated services between Pienaar, Daantjie and Lekazi to Nelspruit, as well as services in the Nkomazi area. Sticks Nyalunga Bus Service was operated by the Nyalunga brothers, namely Solomon -, Ben – and Paul Nyalunga. The Nyalunga brothers operated services from Kabokweni and Pienaar area to White River.
It is in this company where Fred Kinnear and Abel Erasmus acquired a 50% stake. The two companies, Matsebula Bus Service, and Sticks Nyalunga amalgamated in 1980 to form what is today known as BUSCOR (Pty) Ltd. Today, Buscor operates 450 buses of which the majority are train buses, transporting approximately 38 million passengers per annum and covers approximately 32 million kilometres per annum.
Buscor has grown into a company known as being a pioneer regarding technological development in the passenger transport industry and earned the title of being the largest bus train operator in Africa. Buscor is currently operating bi-articulated buses. This process started in 2007 As pilot with 12 train buses converted at B&J and grew to 22 vehicles manufactured by MAN. The company is in the financial year 2022/23 acquiring an additional 22 Bi-articulated to total 44 such vehicles operated in the fleet.
In April 2012, Hannah Trust, sold its 51% shareholding in Buscor (Pty) Ltd, thus, making Buscor become the first passenger bus commuter operator to be fully black owned. In 2012 Buscor introduced Buscor Charter Services – This division was established solely to cater for our increasing Private Hire market. Popular destinations include the Kruger National Park, the Panorama. A sister company was also founded Protours Coach Charter (Pty) Ltd which operated as a Division of Buscor (Pty) Ltd until the year 2020.
Currently the shareholding is as follows: Employee Trust (10%), Zenani Trust (44.5%), Joseph Matsebula Trust (25%) and Mr. Timothy Mpopoli (Oupa) Mathebula (20.5%) with Dr. Norah Fakude as the current Executive Chairperson and Mr. Timothy Mpopoli (Oupa) Mathebula at the helm of management as Managing Director. Mr Fred Kinnear donated 10% of the Hannah trust shares to staff/employees which completes the 100% ownership at this institution.
