Johannesburg - Local suppliers are in line to secure R16bn of Transnet’s R25.8bn capital expenditure (capex) programme.
Transnet chief executive Brian Molefe, who delivered his
maiden interim financial results this week, said the parastatal was aiming to
place about 62% of its capital spending in the hands of local suppliers,
particularly black-owned companies.
“We buy locomotives and cranes abroad because there is no
one in South Africa who manufactures them. However, there are certain parts of
the locomotives, apart from the engine technology, that can be found in South
Africa, such as rubber and glass. We insist those inputs be sourced locally,”
said Molefe.
Since some of Transnet’s capital projects are handled by
foreign firms, it has developed a competitive supplier development programme to
help local suppliers take advantage of the procurement opportunities presented
by its capex programme.
Transnet has spent R86.8bn in the past five years upgrading
the country’s ports and railway lines.
In the past six months, Transnet placed R13.9bn in the hands
of black companies.
Local suppliers are expected to benefit from a contract that
Transnet recently awarded to Chinese company Shanghai Zhenhua Heavy Industries
to supply ship-to-shore cranes.
“South Africa has a vibrant and developing shipbuilding
industry, and we are looking to source tugs (boats that move ships),” said
Molefe.
South African companies are also benefiting from a
locomotives tender given to US firm General Electric and Japanese company
Mitsui.
Molefe revealed that Transnet planned to increase its 55
700-strong workforce by 5 000 over five years.
“We are looking for train drivers and rail engineers to
maintain our rail infrastructure, and we are also looking for people to operate
new equipment at our harbours.”
He said the parastatal was on a massive drive to train artisans and engineers. Nearly 2 000 cadets had been drafted on a three-year contract to learn skills related to the operation of ports, railways and pipelines.
Molefe, who joined Transnet in February, has done remarkably
well considering his short stint at the parastatal. In the six months to
September, he lifted the group’s revenue by 20.3% to R22.4bn. Operating profit
rose 25.2% to R5.1bn.
- City Press