Some of the specific concerns that businesses have raised about the proposed transport sector codes:
The ownership target: The new codes require businesses to have a minimum of 30% black ownership. Businesses have raised concerns that this target is too high and that it will be difficult to achieve. The proposal also highlights that there will be no transitional period - get verified before the changes come in to buy time!
The management control target: The new codes require businesses to have a minimum of 50% black management control. Businesses have raised concerns that this target is too high and that it will be difficult to find qualified black managers.
The skills development target: The new codes require businesses to invest in skills development for black employees. Businesses have raised concerns that this target is too high and that it will be difficult to comply with.
The enterprise development target: The new codes require businesses to support the development of black-owned businesses. Businesses have raised concerns that this target is too high and that it will be difficult to comply with.
The socioeconomic development target: The new codes require businesses to contribute to the socioeconomic development of black communities. Businesses have raised concerns that this target is too vague and that it will be difficult to comply with.
The government has responded to some of these concerns by stating that the new codes are flexible and that businesses will be able to apply for exemptions if they are unable to meet certain targets. However, businesses remain concerned about the potential costs and impacts of the new codes.
The proposed transport sector codes are a complex and controversial issue. It is important to note that the codes are still in draft form and that the government is open to feedback from businesses. The government is committed to working with businesses to ensure that the new codes are fair and that they support economic growth.
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