Transnet
Overview
 
Transnet SOC Ltd is a large South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...

n rail, port and pipeline company, headquartered in the Carlton Centre in Johannesburg
Johannesburg
Johannesburg also known as Jozi, Jo'burg or Egoli, is the largest city in South Africa, by population. Johannesburg is the provincial capital of Gauteng, the wealthiest province in South Africa, having the largest economy of any metropolitan region in Sub-Saharan Africa...

. It was formed as a limited company on April 1, 1990. A majority of the company's stock
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...

 is owned by the Department of Public Enterprises, or DPE, of the South African government. The company was formed by restructuring into business units the operations of South African Railways and Harbours and other existing operations and products.

The business units of Transnet include:
  • Transnet National Ports Authority
    Transnet National Ports Authority
    Transnet National Ports Authority is a government corporation of South Africa and division of Transnet, responsible for managing and governing seven of South Africa's major seaports. Another division of Transnet, South African Port Operations, is responsible for port operations. NPA main offices...

     and Transnet Port Terminals- NPA and SAPO - own and operate the country's main seaports
  • Transnet Pipelines - principal operator of South Africa's fuel pipelines
    Pipeline transport
    Pipeline transport is the transportation of goods through a pipe. Most commonly, liquids and gases are sent, but pneumatic tubes that transport solid capsules using compressed air are also used....

  • Transnet Freight Rail railway operator - freight service
  • Transnet Rail Engineering - rolling stock
    Rolling stock
    Rolling stock comprises all the vehicles that move on a railway. It usually includes both powered and unpowered vehicles, for example locomotives, railroad cars, coaches and wagons...

     manufacturing and maintenance


The National Ports Authority provides port infrastructure and marine services at the eight commercial seaports in South Africa.
Transnet port terminals was established in 2000, when Transnet’s then single port division, Portnet, was divided into operations and landlord businesses namely, SAPO (Transnet port terminals) and National Port Authority (TNPA).
 
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