Transnet SOC Ltd Information

As the custodian of ports, rail and pipelines, Transnet’s objective is to ensure a globally competitive freight system that enables sustained growth and diversification of the country’s economy. Transnet is currently transitioning from its Market Demand Strategy, characterised by accelerated capital investment, towards the Transnet 4.0 Strategy, which is focused on repositioning Transnet, and the country’s freight system, for competitiveness within the fast changing, technology- driven context of the 4th industrial revolution.The strategy’s main growth thrusts includes; geographic expansion, product and service innovation and diversification and expansion of the scope of Transnet’s manufacturing business.The key objectives of Transnet’s effort is directed towards increasing the connectivity, density and capacity of the integrated port, rail and pipeline network. Transnet 4.0 Strategy aims to grow Transnet to a R100 billion business by 2020.Organic growth of the current freight transport and handling divisions will account for the bulk of this growth and Transnet will continue to focus on improving operational efficiency and reliability in order to grow its market share. Consequently, capital investment to modernize the port, rail and pipeline network and operations will continue to be a key priority, as will continued development of our people. As a state-owned company, Transnet continues to leave an indelible mark on the lives of all South Africans. With a geographical footprint that covers our entire country, Transnet is inextricably involved in all aspects of life in South Africa. Through the Transnet Foundation - which is the Corporate Social Investment arm of Transnet - we have invested time and money in a number of diverse programmes around the country that provide much-need succour to our communities. Our aim is simple – we want to harness the power of our people, of technology, to brighten the future of millions across our continent – and beyond.