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‚ÄčGOVERNANCE

Overview

Governance
Transnet aims to achieve the best value for money when buying or selling goods and obtaining services.

This, however, must be done in an open and fair manner that supports and drives a competitive economy. Underpinning our process are several acts and policies that any supplier dealing with Transnet must understand and support.

These are:

  •  Transnet Procurement Policy - A guide for tenderers;

  • Section 217 of the Constitution - the five pillars of Public PSCM (Procurement and Supply Chain Management): fair, equitable, transparent, competitive and cost effective;

  • The Public Finance Management Act (PFMA);

  • The Broad Based Black Economic Empowerment Act (BBBEE); and

  • The Anti-Corruption Act.

This code of conduct has been compiled to formally appraise Transnet Suppliers of Transnet's expectations regarding behaviour and conduct of its Suppliers.

  • Prohibition of Bribes, Kickbacks, Unlawful

  • Payments and Other Corrupt Practices

     
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