is the largest and most crucial part of the freight logistics chain that
delivers goods to each and every South African. Every day Transnet
delivers thousands of tons of goods around South Africa, through its
pipelines and both to and from its ports. It moves that cargo on to
ships for export while it unloads goods from overseas.
Our vision and mission is to be a focused freight transport company,
delivering integrated, efficient, safe, reliable and cost-effective
services to promote economic growth in South Africa.
We aim to achieve this goal by increasing our market share, improving
productivity and profitability and by providing appropriate capacity to
our customers ahead of demand.
Transnet is fully owned by the South African government but operates as
a corporate entity aimed at both supporting and contributing to the
country’s freight logistics network. It aims at developing South African
industry, reducing the cost of doing business, while at the same time
operating efficiently and profitably.
Transnet operates and an integrated freight transport company, formed
around a core of five operating divisions that complement each other.
These are supported by a number of Company-wide specialist functions
such as Transnet Projects which underpin the group as a whole.
Transnet has just successfully completed a four-point turnaround
strategy and just embarked on a four-point growth strategy. Just prior
to adopting our growth strategy, we embarked on a rebranding exercise.
As part of that growth strategy, Transnet is investing R110.6 billion on
revitalizing and extending its infrastructure. These plans include
widening and deepening ports; building a new pipeline and buying
hundreds of new locomotives.
The new Transnet is made up of the following operating divisions:
- Transnet freight rail (formerly Spoornet – the freight rail
- Transnet rail engineering (formerly Transwerk - the rolling stock
- Transnet national ports authority (formerly the NPA - fulfils the
landlord function for South Africa’s port system)
- Transnet port terminals (formerly SAPO - managing port and cargo
terminal operations in the nation’s leading ports), and
- Transnet pipelines (formerly Petronet - the fuel and gas pipeline
business, pumps and manages the storage of petroleum and gas products
through its network of high-pressure, long distance pipelines)
For the future, it is our intention to strengthen our partnerships to
derive greater value from our freight logistics system. We intend to
play a positive role economic growth in South African and in improving
the lives of all South Africans.