Question NW3449 to the Minister of Public Enterprises

Reply:

According to the information received from Transnet:

a) Over the preceding three financial years, Transnet National Ports Authority (TNPA) made a capital projects investment of R 2.7 billion in the ports of Cape Town, Saldanha Bay, Durban and Port Elizabeth. No capital investments have been made into the development of the Port of Boegoebaai thus far since only conceptual studies have been conducted. Table 1 provides (a) the total amount (detailed breakdown) of the capital expenditure over the past three financial years.

Table 1: Capital Expenditure over past three financial years

Ports	Expenditure 2020/21 (Rm’s)	Expenditure 2021/22 (Rm’s)	Expenditure 2022/23 (Rm’s)	Total Expenditure (Rm’s)
Cape Town	86	280	141	507
Saldanha	70	123	187	380
Boegoebaai	0	0	0	0
Durban	133	954	508	1,595
Port Elizabeth	31	65	128	224
Grand Total	320	1,422	964	2,706

b) Tables 2 and 3 below offer insight into (b) the nature of the capital expenditure for the same period. In expansion projects (Table 2), a new asset is either constructed/ acquired or an existing asset is extended. Whereas in sustaining projects (Table 3), an existing asset is replaced or refurbished.

Table 2: Investment on Expansion Projects over past three financial years

Ports	Expenditure 2020/21 (Rm’s)	Expenditure 2021/22 (Rm’s)	Expenditure 2022/23 (Rm’s)	Total Expenditure (Rm’s)
Cape Town	0.8	238	15	254
Saldanha	0.1	1.5	22	24
Boegoebaai	0	0	0	0
Durban	12	711	98	821
Port Elizabeth	0	0	0	0
Grand Total	13	951	135	1,099

Table 3: Investment on Sustaining Projects over past three financial years

Ports	Expenditure 2020/21 (Rm’s)	Expenditure 2021/22 (Rm’s)	Expenditure 2022/23 (Rm’s)	Total Expenditure (Rm’s)
Cape Town	85	42	126	253
Saldanha	70	121	165	356
Boegoebaai	0	0	0	0
Durban	121	243	410	774
Port Elizabeth	31	65	128	224
Grand Total	307	471	829	1,607

 

Remarks: Reply: Approved / Not Approved

Jacy Molisane P J Gordhan, MP

Acting Director-General Minister

Date: Date: