03/09/2026
Transnet Group Chief Operating Officer (GCOO), Solly Letsoalo, today engaged business and government leaders at the KwaZulu-Natal Infrastructure Connect Conference, hosted by Standard Bank Corporate and Investment Banking.
Participating in a fireside conversation titled The Future of Logistics in Africa's Growth Story, Letsoalo outlined the interventions Transnet has implemented to support operational recovery and strengthen its role in driving South Africa's economy.
Emphasising KwaZulu-Natal's strategic importance to Transnet's operations, particularly in the ports and maritime sector, Letsoalo said the province presents significant growth opportunities. He highlighted the Ports of Durban and Richards Bay as critical gateways connecting South Africa to regional markets across the Southern African Development Community (SADC).
The GCOO noted that Transnet is transitioning from a successful recovery phase, which stabilised rail volumes and strengthened port performance, to a growth-focused phase aimed at expanding capacity, improving efficiency and enabling economic development.
Addressing misconceptions around rail reform, Letsoalo said initiatives such as the introduction of Train Operating Companies (TOCs) are designed to complement, not replace, the role of the state.
"The public sector remains responsible for strategic direction and retains ownership of the infrastructure, while the private sector brings investment and specialist expertise to help accelerate performance and growth," he said.
The GCOO's remarks were well received by delegates, who acknowledged the improvements achieved across Transnet's operations.