We are committed to delivering a focused, well engineered business to our valued shareholder

Transnet is committed to delivering a focused, well engineered business to our valued shareholder. In addition to this, a firm emphasis is placed on communicating the Group’s turnaround strategy and financial performance.

Transnet is committed to complying with sound principles of corporate governance and vigilant risk management focus. Furthermore, the Group takes its statutory and regulatory obligations to accurately and appropriately inform the shareholder on the business of the Group seriously.

Mr Pravin Gordhan is the Minister of Public Enterprises

The Office of Public Enterprises was established in 1994 in order to champion and direct the restructuring of State-Owned Companies (SOCs), ensuring optimum economic and developmental impact. In 1999, a Cabinet decision was taken so as to accelerate the restructuring of State-Owned Companies.

South Africa’s primary challenges are characterized by the legacy of apartheid - highly unequal and racially based services, poverty and a massive rural-urban divide. There are vast racial inequalities in the distribution of and access to wealth, income, skills and employment. In addition, women, especially black women, remain subordinated in terms of income, job opportunities and power relations.

The DPE was tasked with accelerating the restructuring of South African SOCs in an integrated and coherent manner, to promote economic growth, socio-economic development and ultimately, a better life for all. The primary aim of the Restructuring Programme is to re-dress the imbalances accentuated by the legacy of apartheid – not just racial, but also gender.