Signal active
Organization
Contact Information
Overview
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 and expand the port, rail and pipeline network and operations will continue to be a key priority, as will continued development of our people.
Significant growth is being targeted from new markets, particularly in integrated logistics, the development of logistics hubs and clusters, natural gas midstream infrastructure, manufactured products and new digital businesses. Transnet will increasingly make use of strategic partnerships to drive these new ventures.
Transnet has a critical role to play in furthering South Africa’s strategic and economic objectives and is actively refreshing its brand as it moves into new markets, expands and diversifies its service offering, and redefines its market position.
Transnet operates as an integrated freight transport company, formed around a core of six operating divisions that complement each other. These are supported by a number of company-wide specialist units - Transnet Group Capital and Transnet Foundation- which underpin our company.
About
Logistics
1994
10001+
Headquarters locations
Johannesburg, NA - South Africa, South Africa, Africa
Social
Profile Resume
Transnet SOC Ltd headquartered in Johannesburg, NA - South Africa, South Africa, Africa, operates in the Logistics sector. The company focuses on Logistics and has secured $30.4B in funding across 12 round(s). With a team of 10001+ employees, Transnet SOC Ltd is actively contributing to advancements in Logistics. Their latest funding round, Grant - Transnet SOC Ltd, raised $1.8M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
4
2
0
$2532.4M
Details
0
Transnet SOC Ltd has raised a total of $2532.4M in funding over 0 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|
Investors
Transnet SOC Ltd is funded by 7 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
African Development Bank | - | FUNDING ROUND - African Development Bank | 1032.9M |
Transnet SOC Ltd | - | FUNDING ROUND - Transnet SOC Ltd | 1.8M |
The Sustainable Energy Fund for Africa | - | FUNDING ROUND - The Sustainable Energy Fund for Africa | 1.8M |
Transnet SOC Ltd | - | FUNDING ROUND - Transnet SOC Ltd | 1.8M |
Recent Activity
News
Jul 20, 2024
Bloomberg.com - South Africa's Transnet Snags $1 Billion AfDB Loan to Fund Recovery Plans
Funding Round
Jul 18, 2024
Transnet SOC Ltd raised $1750000 on 2024-07-18 in Grant
Funding Round
Jul 18, 2024
Transnet SOC Ltd raised $1032885258 on 2024-07-18 in Debt Financing
News
Jul 03, 2024
Bloomberg - Transnet to Boost Rail for VW, Other Automakers in South Africa
News
Jul 03, 2024
Bloomberg - Sasol Wins $342 Million Settlement After Pipeline-Fee Dispute
News
Mar 15, 2024
LinkedIn - Transnet SOC Ltd on LinkedIn: #railreform #trim | 10 comments