Results 1 to 1 of 1

Thread: Trade and Industry on BEE Transport Sector Codes

  1. #1
    Administrator I Robot's Avatar
    Join Date
    May 2006
    Posts
    783
    Thanks
    0
    Thanked 15 Times in 14 Posts

    Trade and Industry on BEE Transport Sector Codes

    Broad-Based Black Economic Empowerment (B-BBEE) Integrated Transport Sector Codes gazetted

    24 August 2009

    The Draft Transport Charter has been gazetted as Integrated Sector Codes, in terms of Section 9(1) of the Broad-Based Black Economic Empowerment (B-BBEE) Act. The gazetting of the consolidated transport sub-sectors represents a significant milestone in a process of national transformation, which commenced in 2003. Under the guidance of the Department of Transport (DoT), varied stakeholders committed to transformation and empowerment targets to boost one of South Africa’s largest infrastructure and GROSS DOMESTIC PRODUCT (GDP) contributors.

    The gazetting of the Transport Sector Codes means that eight sub-sectors, excluding the foreign airline component of the aviation sub-sector, are now final and binding across the spectrum of the national transport industry. The aviation (foreign airline) Sub-sector remains a Section 12 Charter and as such, is not legally binding to aviation role-players.

    Unlike other sector codes, the Integrated Transport Sector Codes will be up for review during five year intervals, following initial publication thereof. The various sub-sectors of the national transport sector set significant targets and measures that will, if strictly implemented, provide meaningful economic impetus to the sector and the South African economy as a whole.

    Amongst other areas of development, the Transport Sector Codes commit to the following:

    * Training and skills development, to increase the number of black pilots in the aviation industry, as per the Aviation Sub-Sector Code
    * Achieving a black ownership target of 35 percent in the Bus Commuter Service Sub-Sector Code within five years
    * Empowerment of and pursuing of worker rights in the taxi industry and imparting these individuals with the requisite skills to enter into management positions
    * Ensuring that the taxi industry provides commuters with reliable, safe, affordable, efficient and quality public transport services.

    The gazetted Integrated Transport Sector Codes can be accessed via the Department of Trade and Industry website (http://www.thedti.gov.za).

    More...
    Last edited by Dave A; 26-Aug-09 at 11:59 AM.

Similar Threads

  1. The consumer protection bill
    By Dave A in forum General Regulatory Compliance Forum
    Replies: 4
    Last Post: 17-Oct-08, 03:04 PM
  2. Trade and Industry on Sasol's BEE (Black Economic Empowerment) deal
    By I Robot in forum BEE and Employment Equity Forum
    Replies: 0
    Last Post: 14-Sep-07, 05:12 PM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •