Transnet implements stingent measures to meet commitments

May 2, 2016

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Transnet announced on Monday the implementation of a series of governance, control and monitoring measures to ensure the Original Equipment Manufacturers (OEMs) meet the company’s stringent localisation obligations and supplier development commitments.

Transnet Group CEO Siyabonga Gama said: “Enforcement of local content obligations is a DTi (department of trade and industry) responsibility, but the company is taking concrete and bold steps to ensure that development of local engineering and manufacturing industry is prioritised.”

Category: General