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October 07, 2015 1:12 PM ET


Company Overview of CompuClearing Outsourcing Limited

Company Overview

CompuClearing Outsourcing Limited is an investment holding company and through its subsidiaries, provides information technology products and services to the customs clearing, freight forwarding, air cargo, supply chain, and logistics related industries in South Africa. The company operates through three segments: Software Rental, Hardware Rental, and Cargowise One. The company’s solutions include cClearing, an application for multimodal imports and exports, cross border clearances, customs, cargo dues, bonded warehousing, refund claims, permits, and landed costing; CargoWise One, a custom-designed system for logistics service providers; cTariff, a customs tariff solution in online and paper...

7 Drome Road


Johannesburg,  2192

South Africa

Founded in 1998

85 Employees


27 11 012 8799


27 86 673 8170

Key Executives for CompuClearing Outsourcing Limited

Chief Executive Officer, Executive Director, Member of Social & Ethics Committee and Member of Risk Committee
Age: 67
Total Annual Compensation: $2.0M
Managing Director, Technical Director and Executive Director
Age: 57
Total Annual Compensation: $1.5M
Group Financial Director and Executive Director
Age: 51
Total Annual Compensation: $319.0K
Financial Director of Compu-Clearing (Pty) Ltd
Total Annual Compensation: $658.0K
Compensation as of Fiscal Year 2014.

CompuClearing Outsourcing Limited Key Developments

Compu-Clearing Outsourcing Limited Announces Resignation of Directors

Compu-Clearing Outsourcing Ltd. announced that as a result of the disposal by The Bidvest Group Limited of its entire shareholding in the Company, David Edward Cleasby and Gillian Claire McMahon, have tendered their resignation as directors of the Company with immediate effect.

Compu-Clearing Outsourcing Ltd. Appoints Yehonasan Moshe Zulberg as a Executive Director Responsible for Business Development

Compu-Clearing Outsourcing Ltd. appointed Mr. Yehonasan Moshe Zulberg as Executive director responsible for business development, with effect from 10 March 2015. Moshe joined the Group in 2008 and his previous responsibilities included management of the New Business Development, Customer Liaison, Marketing & Training divisions.

Compu-Clearing Outsourcing Ltd. Reports Reviewed Consolidated Earnings Results for the Six Months Ended December 31, 2014

Compu-Clearing Outsourcing Ltd. reported reviewed consolidated earnings results for the six months ended December 31, 2014. For the period, the company has posted rental and other revenue of ZAR 37,115,000 against ZAR 35,599,000 a year ago. Operating profit was ZAR 8,480,000 against ZAR 8,858,000 a year ago. Profit before income tax was ZAR 9,005,000 against ZAR 9,368,000 a year ago. Profit for the period was ZAR 6,360,000 against ZAR 6,339,000 a year ago. Basic and diluted per share was 15.1 cents against 15.1 cents a year ago. Cash outflow from operating activities was ZAR 7,570,000 against ZAR 4,190,000 a year ago. Acquisition of property, plant and equipment was ZAR 958,000 against ZAR 1,135,000 a year ago. Acquisition of intangible asset was ZAR 2,358,000 against ZAR 2,313,000 a year ago.

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