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.”
