Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Bus Commuter and Coach Services Sub-Sector Code for B-BBEE

1. Introduction and Background

1.4 The role of the Bus Commuter and Coach Services Sub-Sector B-BBEE Code
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1.4.1The Bus Sector B-BBEE Sub-Sector Code has an important role to play in transforming the bus sector to support the realization of the below vision:

 

1.4.1.1Ensure more equitable participation of all groups in the ownership and control of enterprises in the Bus Sector;

 

1.4.1.2Promote equal opportunity and fair treatment in employment in the sector through the elimination of unfair discrimination;

 

1.4.1.3Promote the development of skills of the workforce and the increase in the levels of investments in education and training to meet the changing demands of the future public transport system in South Africa;

 

1.4.1.4Enhance the restructuring of procurement policies and practices in the sector to ensure that B-BBEE suppliers and providers will participate meaningfully in the procurement spend of the sector;

 

1.4.1.5Promote the investment in and the establishment and support of enterprise development beneficiaries; and

 

1.4.1.6Promote the contributions to socio-economic development initiatives.