BEE charter delay persists for f&c industry

WHILE THE black economic
empowerment (BEE)
scorecard for the forwarding
and clearing (f&c) sub-sector
of the transport industry has
been finalised, the overall
transport charter (into which
it falls) has not – with some
of the other sub-sectors,
particularly the taxis, not yet
up-to-speed.
This has follows the
gazetting of the codes of
good practice on broadbased
black economic
empowerment (BBBEE)
in February – when a
generic scorecard was
also devised, on which the
transport industry will base
its BEE progression until
the individual sub-sector
scorecards are ratified
by the department of
transport (DoT).
And that, according to
industry sources, is only
likely to happen later in
2008.
“The intention,” FTW
was told, “is that when
everything is completed,
the transport charter will be
launched with all the subsector
scorecards attached.”
Most likely process with
the f&c industry would be
for the minister of transport
to gazette it as a Section 12
organisation – which would
encourage agents to adopt
the charter and its scorecard.
Once all the sectors are
ready, then the f&c industry
would be classified as a
Section 9 organisation –
when the industry scorecard
would become obligatory,
and companies would not be
allowed to use the generic
scorecard.
NOTE: The generic
scorecard awards points
amounting to a total of
100 on the seven elements
of – ownership (20 points),
management control (10),
employment equity (15),
skills development (15),
preferential procurement
(20), enterprise development
(15) and socio-economic
development (5).