Transnet group CEO Michelle Phillips says the State-owned rail, ports and pipeline logistics group is putting measures in place to ensure that it no longer over-pays for goods and services.
Speaking at the SAPICS 2026 conference held in Cape Town this week, she said recent reforms within the entity included rolling out a catalogue of market-pricing, so that “if a part is R1.50, and you put in R1 500, the system will not allow you to buy that”.
Addressing the supply chain industry body, she emphasised that the days of collusion and over-charging within Transnet were over.
“Transnet cannot afford to pay anything other than what the market pays.
“If a private company is paying R1.50, I will not be paying more than R1.50,” warned Phillips.
