Transnet SOC Ltd - Company Profile
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Transnet SOC Ltd (Transnet) is a state-owned freight transport and logistics company. It operates main ports, rail network and freight railways, and multi-product hydrocarbon pipeline network in South Africa. The company offers cargo handling, logistics, transportation, and transhipment of general freight commodities and containerized freight; refined petroleum, crude oil, aviation fuel, and gas; and port infrastructure and marine services. The company provides integrated transport solutions for industrial and commercial customers in the bulk and manufacturing sectors. It 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. Transnet is headquartered in Johannesburg, Gauteng, South Africa.
Headquarters
South Africa
Address
138 Eloff Street, Braamfontein, Johannesburg, Gauteng, 2000
Website
www.transnet.net
Telephone
27 11 3083000
No of Employees
50,994
Industry
Transport and Logistics
Revenue (2025)
$4.5B
Transnet SOC Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Transportation and Storage of Petroleum and Gas Products |
| Integrated Rail and Pipeline Solutions |
| Cargo Handling Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In September, the company and South African Police Service (SAPS) signed a Memorandum of Understanding (MoU) to fight against theft and vandalism of essential infrastructure across Transnet’s logistics network. |
| 2024 | Contracts/Agreements | In September, the company's Freight Rail segment entered into agreement with Petredec to distribute LPG in South Africa. |
| 2024 | Financing Agreements | In August, the company signed an R5 billion loan agreement with the New Development Bank to improve the freight rail sector in South Africa. |
Competitor Comparison
| Key Parameters | Transnet SOC Ltd | Ferrovie Dello Stato Italiane SpA | Cargo Carriers Pty Ltd | Concargo (Pty) Ltd | Island View Storage (Pty) Ltd |
|---|---|---|---|---|---|
| Headquarters | South Africa | Italy | South Africa | South Africa | South Africa |
| City | Johannesburg | Roma | Johannesburg | Parow East | Umhlanga |
| State/Province | Gauteng | Lazio | Gauteng | - | KwaZulu-Natal |
| No. of Employees | 50,994 | 96,335 | - | - | - |
| Entity Type | Government | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andile Hesperus Sangqu | Chairman | Executive Board | 2023 | 59 |
| Michelle Phillips | Chief Executive Officer; Director | Executive Board | 2024 | 55 |
| Nosipho Maphumulo | Chief Financial Officer; Director | Executive Board | 2024 | 57 |
| Lekau Letsoalo | Chief Operating Officer | Senior Management | 2024 | 63 |
| Busisa Mhlanga Jiya | Director | Non Executive Board | 2023 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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