Sustainability Report 2012 - Transnet

Economic dividendsTransnet is intently focused on being a primary catalyst for economic growth and jobcreation in South Africa in support of Government’s NGP. Our railways, ports andpipelines carry the productivity and consumption activities of the nation fromorigin to destination, connecting the country to local and international trade. WhereTransnet’s infrastructure meets demand and our operations are reliable, business output ismobile, on time, and at scale – and our economy grows. It is Transnet’s single-mindeddetermination to deliver exceptional economic dividends to society through appropriateinfrastructure investment, operational efficiencies, skills development, localisation, jobcreation, support for rural areas, regional integration, and sound business discipline. over the next seven years to create capacity ahead of demand. The sustainability focus will be on thecost-effectiveness of these investments and the ability to not only meet demand, but to do soefficiently and effectively. Transnet aims to be a reliable supplier of transport services through exceptional rail, port and pipelineefficiencies. Sustained achievement of world-class performance will be Transnet’s measure of success. long-term plans to drive a new cadre of highly skilled employees. Our ability to match workforce skillsto infrastructure and operational requirements, year on year, is the sustainability challenge. aim is to grow a lasting and competitive local supplier base for our business, transform the racial legacyof these industries, and create jobs. cost-effectively and reliably, supporting long-term food security and rural jobs. transport costs, and increase regional competitiveness and stability. Our sustainability challenge is tograsp the opportunities and manage the risks. able to raise and service debt, reinvest revenues and enter into agreements with private parties. Ourbusiness is sustainable and there are tried and tested measures for business discipline which we applyrigorously.24