Scope of Application:

• The SS Code applies to shipping lines involved in the carriage of cargo and associated service providers. Specifically economic activities in SA which share a relationship with the sea including:
• Organisations concerned with marine transport of cargo and services ancillary to transport;
• Organisations that manufacture, provide, maintain and repair marine equipment, including marine craft;
• The commercial ports system and authorities responsible for the provision and operation of navigational aids, including lighthouses;
• Institutions concerned with rescue, salvage and anti pollution operations;
• Government departments and agencies concerned with international maritime relations, administration of maritime safety, the protection and conservation of the marine environment and law enforcement within SA’s offshore jurisdiction; and
• Institutions concerned with marine and maritime education, training and resources.

It is necessary to set different targets and timeframes for the public and private industry because the two are at different stages of the transformation process.

Multinationals that have an asset base in SA will have to implement BEE strategies in accordance with the guidelines provided below. These will be encouraged to sell equity in their local operations.

The ownership targets and weightings will apply as long as there is no existing global practice that prohibits the sale of equity to local investors. If there is such a policy the company will be encouraged to contribute to ownership by making an application to the DTI for the implementation of an Equity Equivalent Programme.

Multinationals consider the creation and development of black owned and controlled enterprises within the MT and SI. The beneficiaries should be at least 50% black owned and or 30% black women owned- having both voting rights and economic interest.

Other programmes to be supported through the Equity Equivalent programmes may be support for:

• The Accelerated and Shared Growth Initiative (ASGISA);
• The Joint Initiative for Priority Skills (JIPSA); and
• The National Skills Development Strategy (NSDS).

The programmes may also take the form of socio-economic development initiatives, particularly when referring to companies that are more than 50% black owned and/or more that 30% black women owned, or if there is 50% ownership by black designated groups (black unemployed people, black disabled people,  black youth or black people living in rural and under-developed areas).

Organisations that include socio-economic development and enterprise development initiatives as Equity Equivalents will not score points for those elements as well. They would need additional contributions to score under those elements again.

The value of the contributions, measured against the value of the domestic asset or SA operations will be used to calculate the equivalency percentage and this will be applied to the targets for ownership in order to score points.

Ownership fulfilment will occur once the black shareholders are free from any third party financial obligations relating to the share acquisition as well as any financial obligations to the principle entity.

The stakeholders commit to facilitate financing mechanisms for the acquisition of equity in their operations by BEE companies to ensure the sustainability of the investment by the black shareholders and to maximise their net economic interest.

The Foreign Ownership Scorecard

The Direct Ownership Scorecard

If the organisation does not distinguish between Senior Top and Other Top Management they may be collapsed into one indicator – top management. The target remains 40% and the weighting will be the sum of the senior top and other top management weighting.

The EE Scorecard

The SD Scorecard

Pass through third party procurement for a third party or a client that is recorded as an expense in the third party or client’s annual financial statements but is not recorded as such in the measured entity’s annual financial statements will be excluded. Only commission portion paid to agents will be recorded under procurement.

Maritime related services will be included within total procurement spend. These include:

• Chandelling; and
• Tallying.

Any ED initiatives leading to the creation of jobs will be enhanced by a factor of 1.25.

The beneficiaries of all projects should be 75% black people.
Social development contributions leading to the following key areas will be enhanced by a factor of 1.25:

• HIV Aids Programme;
• Education;
• Community Development; and
• Maritime awareness.

The QSE Ownership Scorecard

The QSE Management Scorecard

The QSE Employment Equity Scorecard

The QSE Skills Development Scorecard

The QSE Preferential Procurement Scorecard

The QSE Enterprise Development Scorecard

The QSE Socio-Economic Development Scorecard