Transnet has noted with concern articles about the prevention-focused Outcomes Based Security (OBS) solution to combat theft and vandalism on the Transnet Freight Rail (TFR) rail network.
In a move to turn the tide against theft and vandalism of essential infrastructure across the organisation’s logistics network, TFR awarded security contracts to five Security Service Providers (SSPs) to service its Corridors. The state-of-the-art security offering supports TFR’s ability to provide consistent and dependable service to its customers. Security and vandalism of infrastructure and assets lead to loss of revenue and increased security and maintenance costs for critical infrastructure for operations. Transnet followed an open and competitive bidding process and subsequently underwent a comprehensive bid evaluation procedure in the awarding of the contract. On 10 August 2022, Transnet issued a Request for Proposals (Number HOAC-HO-38271), inviting open and competitive bid submissions for the provision of security services. 
Transnet is taking Nedbank to court over state capture interest swaps
