Hon Speaker, as I indicated in my earlier response, the port charges in South Africa for bulk are among the lowest in the world. For example, the coal export charges are 17% below the global trends. Where our port charges are considerably higher is for containerised goods. That is the issue that I mentioned earlier in my response and that we are addressing in response to the request by Transnet, as well as to the decision by the Ports Regulator.
Secondly, the challenge in South Africa is that, compared to many other ports in the world which are subsidised by the fiscus, South African ports do not receive a fiscal subsidy. In that regard, Transnet is required to raise its revenue from the port charges from the users. It's an issue that we certainly need to address and I would welcome opinions from various players, because we have a responsibility not only to maintain the quality of the services at our ports, but also to improve them. Certainly the services at our ports, as well as the infrastructure, need to be improved and somebody has to pay for that.
In so far as the single transport economic regulator is concerned, it is a matter that is beyond our control, whether we like it or not. The Department of Transport is developing that. It is a very complex matter to deal with. We are looking forward to the proposals that will emerge from the Department of Transport in so far as that is concerned. It is not going to be easy at all.
In regard to the bonuses of the executives, I will not deal with that because it bears no relevance to the question which I was asked by hon Turok. Thank you.