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

Regulatory compliance universe

Aligning the Market Demand Strategy (MDS) to Transnet´s regulatory context

Compliance management focus areas are defined by the Regulatory Universe, with outputs reflecting risk-based legislation of priority impacts on Transnet. The Regulatory Universe is consolidated across the Company. Additionally, the compliance focus is defined by understanding which critical business processes and priority regulatory requirements are required to achieve the Company´s strategic objectives.

The illustration reflects the alignment between the MDS, the developmental outcomes and material aspects identified through various stakeholders.

The regulatory items reflected are key to ensure ongoing operations and sustainability.

Group Risk and Compliance ensures that the outcome of its annual Compliance Plan is aligned with the Audit Committee and Risk Committee mandates, and informs the following key aspects contained within the Board mandate:

  • It provides an opinion on the state of compliance to applicable regulatory requirements impacting Transnet; and
  • The implementation of controls in management.

How to read the regulatory compliance universe

Each segment of the wheel refers to specific MDS strategic imperatives, business enablers and Sustainable Developmental Outcomes (SDOs).

Reading the wheel from the inside outwards, the first level of interpretation is the regulations.

These are related to a specific strategic imperative or business enabler as per the segment they fall under. The layer beyond the regulations depicts the strategic imperatives and business enabler segments of the wheel.

  1. Air Services Licensing Act, 1990
  2. Basic Conditions of Employment Act, 1997
  3. Broad-Based Black Economic Empowerment Act, 2003
  4. Companies Act, 2008
  5. Competition Act, 1998
  6. Construction Industry Development Board Act, 2000
  7. Customs and Excise Act, 1964
  8. Electronic Communications Act, 2005
  9. Employment Equity Act, 1998
  10. Gas Act, 2001
  11. Hazardous Substances Act, 1973
  12. Labour Relations Act, 1995
  13. Merchant Shipping Act, 1951
  14. National Building Regulations and Building Standards Act, 1977
  15. National Energy Regulator Act, 2004
  16. National Environmental Management Act, 1998
  17. National Key Points Act, 1980
  18. National Ports Act, 2005
  1. National Railway Safety Regulator Act, 2002
  2. National Water Act, 1998
  3. NEM: Air Quality Act, 2004
  4. NEM: ICMA Act, 2008
  5. Occupational Health and Safety Act, 1993
  6. Petroleum Pipelines Act, 2003
  7. Petroleum Products Act, 1977
  8. Public Finance Management Act, 1999
  9. Preferential Procurement Policy Framework Act, 2000
  10. Skills Development Act, 1998
  11. Prevention and Combating of Corrupt Activities Act, 2004
  12. Protection of Constitutional Democracy Against Terrorist and Related Activities Act, 2004
  13. Office of Foreign Assets Control
  14. NEM: Biodiversity Act, 2004
  15. National Road Traffic Act, 1996
  16. Legal Metrology Act, 2014
  17. King Code of Governance for South Africa, 2009
  18. Currency and Exchanges Act, 1933