Share

Transnet to spend billions on training

Cape Town - Transnet will spend R7.7bn on training and upskilling over the next five years, with R4.7bn of this going towards bursaries for students.

The state-owned transport giant held a graduation ceremony on Wednesday for 84 students who trained at Transnet's school of Maritime Excellence in Durban. The students completed studies in disciplines which include aviation and engineering.

Included in the graduation were 17 new maritime helicopter pilots, who will be deployed in Transnet's harbours across the country.

The pilots achieved both private and commercial licences. Their job will be to fly marine pilots out to vessels waiting to enter South African ports.

The event was addressed by Minister of Public Enterprises Malusi Gigaba.

He said South Africa's youth are not future leaders who must sit idle and wait for the future to come to them.
 "The future is not some period in the distant horizon, but it is already happening today."

Transnet has already embarked on a rolling capital expansion plan of R307bn over the next seven years, of which the company has spent R50bn to date.
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.29
-0.7%
Rand - Pound
23.87
-1.1%
Rand - Euro
20.58
-1.2%
Rand - Aus dollar
12.38
-1.1%
Rand - Yen
0.12
-1.2%
Platinum
943.50
+0.0%
Palladium
1,034.50
-0.1%
Gold
2,391.84
+0.0%
Silver
28.68
+0.0%
Brent Crude
87.29
+0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders