Acts Online
GT Shield

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

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Road Freight Sub-Sector Code

6. Appendix A: Road Freight Sector Owner Driver Scheme Policy

6.1 Introduction

 

 

There are five available options for Empowerment:

 

Existing Status - employed drivers assisted through accelerated training inclusive of training related to Business Management, which  should, in turn, open up opportunities for promotions and progression.

 

Group Incentives - collective sharing of benefits between the company and the employees.

• Collective Ownership - drivers belong to a group that owns the vehicles.
• Share Ownership - the group owns vehicles and has shares in the company.
• Individual Owner-Drivers