Transnet's Four-Point Turnaround Strategy encompasses four vital areas:
1. Redirect and Re-engineer the Business
This pillar is aimed at improving efficiencies and effectiveness of the core business units through re-enginering processes and realising synergies between the various operating divisions. Within this pillar, a far-reaching programme has been launched to improve efficiencies, reduce costs and deliver a reliable service to all clients and increase market share.
2. Restructuring the Balance Sheet
This pillar seeks to rationalise the business portfolio and achieve a better focus on the core business units. Non-core businesses will be transferred to government and others will be sold. The proceeds will be used to found the R40 billion infrastructure investment and reduce borrowing.
3. Ensure Corporate Governance and Risk Management