rail transport port management logistics pipeline management founded 1990 headquarters johannesburg key people ms linda mabaso chairperson 1 products freight logistics revenue r38 bn 2010 number of employees 49 078 website http www.transnet.net transnet soc ltd is a large south african rail port and pipeline company headquartered in the carlton centre in johannesburg . 2 it was formed as a limited company on 1 april 1990 . a majority of the company s stock 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 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 transnet freight rail railway operator freight service transnet rail engineering rolling stock 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 . since its setting up transnet port terminals has played a part in supporting the south african government s export led growth strategy . most southern african import and export commodities are handled through south africa s six largest ports richards bay durban saldanha cape town port elizabeth and east london . in october 2009 the new deepwater port of ngqura was commissioned just 7 km outside of port elizabeth . port terminals not only handle these cargo but implement logistics management solutions for its container bulk break bulk multi purpose and car terminal operations . transnet pipelines formerly known as petronet the guardian of the country s pipeline assets and is currently servicing two key industries fuel and gas by transporting petroleum and gas products over changeable distances . transnet freight rail formerly known as spoornet is the biggest division of transnet . it is an outstanding heavy haul freight rail company that specializes in the transportation of freight . it is the biggest outside united states and excluding india that is not a company but a government department . transnet engineering is dedicated to in service maintenance repair upgrade conversion and manufacture of freight wagons mainline and suburban coaches diesel and electric locomotives as well as wheels rotating machines rolling stock equipment castings auxiliary equipment and services . contents 1 history of development 2 south african transport services 3 recent news 4 transnet 5 see also 6 references 7 external links history of development edit railways were first developed in the area surrounding cape town and later in durban around the 1840s . the first line opened in durban on 27 june 1850 . the initial network was created to serve the agricultural production area between cape town and wellington . the news that there were gold deposits in the transvaal republic moved the cape colony government supported by british government to link kimberley as soon as possible by rail to cape town as part of the colonial dream . 3 in the union of south africa 31 may 1910 31 may 1961 consisting of the four earlier colonies the cape of good hope natal orange free state and transvaal ; all railways in south africa finally became unified as a state owned railway system in 1916 when the central south african railways the cape government railways and the natal government railways were all fused by an act of parliament . thus was born the south african railways and harbours sar & h . 4 south african transport services edit on 31 may 1961 the union became the republic of south africa . by 1981 government decided that the sar & h should restructure itself along business lines in order to evolve from a state owned corporation towards privatization . later when commercial aviation started the south african airways also became a part of this huge land sea and air transport system . integral to the process was a change in the name and image of the organization which would reflect its new mission as a state business enterprise . in april 1981 the country s railway harbour road transport aviation and pipeline operations became known as south african transport services sats . at the same time the enterprise was restructured into units and divisions with strong emphasis placed on localized management . 5 the legal succession to the south african transport services act 1989 transformed the south african transport services from a government department into a public company . 6 on 1 april 1990 after 80 years of government and parliamentary control sats received company status . recent news edit in december 2013 transnet appointed nine black owned companies to supply it with fuel over the following five years in a 1.5 billion deal aimed at promoting the south african government s black economic empowerment drive . on 17 march 2014 transnet s ceo brian molefe announced contracts of r50 billion with four international manufacturing companies to build 1 064 locomotives . 465 diesel and 599 electric locomotives . ge will supply 233 diesel locomotives cnr 232 diesel locomotives bombardier transportation will supply 240 electric locomotives and csr 359 electric locomotives . of the total of 1064 locomotives 70 will be imported complete and the rest will be built locally by transnet engineering in pretoria and durban . transnet edit a new company representing a vast transportation network was born and appropriately named transnet . transnet limited is a public company of which the south african government is the sole shareholder . both working and controlling south africa s major transport infrastructure transnet is also responsible for ensuring that the country s transport industries work according to world class principles and that they form an integral part of the overall economy . 7 transnet is currently made up of transnet freight rail formerly spoornet transnet rail engineering formerly transwerk transnet national ports authority formerly the npa transnet port terminals formerly sapo transnet pipelines formerly petronet see also edit south african airways metrorail gautrain passenger rail agency of south africa references edit new transnet board . railways africa . retrieved 2010 12 19 . contact us . transnet . retrieved on 15 april 2013 . transnet soc ltd head office physical address carlton centre 150 commissioner street johannesburg 2001 http globalview.uic.asso.fr cd rom3 sans transnet background.pdf http mysite.mweb.co.za residents grela transnet.htm http mysite.mweb.co.za residents grela transnet.html http www.info.gov.za view downloadfileaction id 93296 http www.transnet.net aboutus affiliates.aspx external links edit transnet retrieved from https en.wikipedia.org w index.php title transnet & oldid 724278614 categories transnettransport operators of south africagovernment owned companies of south africacompanies established in 1990government owned transport companiesrolling stock manufacturershidden categories use dmy dates from june 2012use south african english from june 2012all wikipedia articles written in south african englishpages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages afrikaansdeutsch edit links this page was last modified on 8 june 2016 at 06 45 . text is available under the creative commons attribution sharealike license ; 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