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.
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.