Transnet Online Integrated Report 2017
Market Demand Strategy (MDS) themes
  • Financial sustainability
  • Capacity creation and maintenance
  • Market segment competitiveness
  • Operational excellence
  • Human capital
  • Organisational readiness
  • Sound governance and ethics
  • Constructive stakeholder relations
  • Sustainable developmental outcomes
Sustainable Developmental Outcomes (SDOs)
  • Employment
  • Skills development
  • Industrial capability building
  • Investment leveraged
  • Regional integration
  • Transformation
  • Health and safety
  • Community development
  • Environmental stewardship
The Capitals
  • Financial Capital
  • Manufactured Capital
  • Intellectual Capital
  • Human Capital
  • Social and Relationship Capital

Abridged Governance

Ethical and effective leadership and corporate citizenship

The Board of Directors is principally responsible for directing and environmental sustainability. This responsibility includes it being the deemed Board of the National Ports Authority in terms of the National Ports Act. The Board of Directors offers leadership that results in the achievement of the strategy by directing and approving the Company´s strategic and operational objectives, and by monitoring the Company´s performance against the targets outlined in the Shareholder´s Compact. It further ensures that adequate budget planning processes are in place to advance the Company´s mandate by providing an oversight role over the Company´s socio-economic programmes. The Board of Directors is further tasked with ensuring that the Company is able to achieve its statutory and commercial objectives by directing and approving the Company´s strategic and operational objectives, and by assessing its performance against targets outlined in the Shareholder´s Compact.

The Board of Directors remains accountable for leading the organisation ethically and effectively. The qualities of integrity, competence, responsibility, fairness and transparency are cultivated and exhibited through compliance with legislation, rules and binding codes, underscoring its responsibilities as
a good corporate citizen.

The Board of Directors is committed to the early implementation of the King IV Code on Corporate Governance.