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

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Integrated Transport Sector Codes

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

2. Vision to Develop a World Class Bus Commuter and Coach Services Industry

2.4 Undertakings from bus and coach operators to achieve this vision

 

2.4.1 Both the operator groups above are committed to develop world class bus and coach businesses in South Africa. 1 We believe that this is possible through committed training and development, consistent investments, an acceptable return on such investments. and the offering of superior services to our customers.

 

2.4.2 Operators are committed to safe operations and will continuously strive to improve safety standards - both in technical design as well as operations. Our industry will also achieve significant B-BBEE participation in ownership, management and employment amongst all role players in the industry. The "transformed" industry will also embrace the development of SMME operators as well as other SMME role players. This will be done through retaining existing jobs where feasible, whilst striving to expand the scope of bus and coach operations in South Africa.

 

 

1 For the purpose of this bus sector Sub-Sector Code the dominant business activities (where most revenue is generated) of the  respective  businesses will dictate the group within which operators  reside. and for that matter the  respective charters that apply to such companies