Transnet SOC Ltd
Vurhonga Rikhotso CA(SA) currently serves as the Executive Manager of Governance, Risk & Compliance at Transnet SOC Ltd since July 2021, focusing on establishing internal controls and driving the internal audit process. Prior experience includes a tenure at the Auditor-General of South Africa from February 2010 to June 2021, where Vurhonga held various positions including Audit Manager, Assistant Audit Manager, Audit Supervisor, and Trainee Auditor. Vurhonga commenced a career in auditing at KPMG South Africa from January 2008 to January 2010 as a Trainee Auditor. Academic credentials encompass a Bachelor of Commerce in Accounting from the University of KwaZulu-Natal, a Post Graduate Diploma in Applied Accounting Sciences from the University of South Africa, and the Assessment in Professional Competence from the South African Institute of Chartered Accountants.
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Transnet SOC Ltd
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As the custodian of ports, rail and pipelines, Transnet’s objective is to ensure a globally competitive freight system that enables sustained growth and diversification of the country’s economy. Transnet is currently transitioning from its Market Demand Strategy, characterised by accelerated capital investment, towards the Transnet 4.0 Strategy, which is focused on repositioning Transnet, and the country’s freight system, for competitiveness within the fast changing, technology- driven context of the 4th industrial revolution.The strategy’s main growth thrusts includes; geographic expansion, product and service innovation and diversification and expansion of the scope of Transnet’s manufacturing business.The key objectives of Transnet’s effort is directed towards increasing the connectivity, density and capacity of the integrated port, rail and pipeline network. Transnet 4.0 Strategy aims to grow Transnet to a R100 billion business by 2020.Organic growth of the current freight transport and handling divisions will account for the bulk of this growth and Transnet will continue to focus on improving operational efficiency and reliability in order to grow its market share. Consequently, capital investment to modernize the port, rail and pipeline network and operations will continue to be a key priority, as will continued development of our people. As a state-owned company, Transnet continues to leave an indelible mark on the lives of all South Africans. With a geographical footprint that covers our entire country, Transnet is inextricably involved in all aspects of life in South Africa. Through the Transnet Foundation - which is the Corporate Social Investment arm of Transnet - we have invested time and money in a number of diverse programmes around the country that provide much-need succour to our communities. Our aim is simple – we want to harness the power of our people, of technology, to brighten the future of millions across our continent – and beyond.