By Thebe Mabanga
The transport sector has committed itself to higher empowerment targets than those set by the Department of Trade Industry and Competition and at the same time expressed its support for the department’s newly formed R100 billion Transformation Fund.
This emerged at a sector transformation engagement session held in Johannesburg that was attended by Trade and Industry Minister Parks Tau and his transport counterpart Barbara Creecy.
Creecy said the government has identified the transport and logistics sector as one of the key drivers of economic growth.
“Since the formation of the Government of National Unity, the Department of Transport has undertaken a reform process that seeks to rejuvenate the sector whilst also contributing to the social imperative of the transformation of our society.” she said, referring to road, freight, rail and port reforms that were part of Operation Vulindlela, the economic reforms programme now in its second phase.
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