The South African Shipping Industry: BEE and Seaborne Trade.
MetadataShow full item record
The South African Maritime Industry has, as well as other industry sectors, recently been exposed to the dynamics that have been brought about by the Broad Based Black Economic Empowerment Policy which has become law in South Africa. The nature of the policy has created a situation where it (the policy itself) needs to have attention apportioned to it. The attention has been directed towards the implementation of the policy by the shipping companies. In addition, there has been attention directed towards compliance with the legislation that polices Broad Based Black Economic Empowerment. The government's requirement that the South African maritime industry generates a strategy document led to the adoption, by the industry's major role players, of the Maritime Transport & Service Industry Black Economic Empowerment Charter. The purpose of this research work is to investigate and create an understanding whether the aspirations of the above mentioned charter are realistic and feasible to achieve when, the nature of the shipping industry and other maritime related businesses, is considered. Does the way in which the shipping business operates make it easy for Broad Based Black Economic Empowerment to be implemented in the way proposed by the charter? The qualitative theory generating approach is adopted on the research. In the design of this research work a case. study is done where a major shipping company, Island View Shipping was studied. The aim is to consider issues that affect the maritime industry as viewed from inside the business environment. Semi-structured interviews are also conducted with the individuals at Island View Shipping who have, for many years, played (working in different levels/positions and working for different companies almost all over the world) major roles in the company itself and in the industry in general. Data analysis is based on the inductive reasoning approach where themes are created and analyzed. The conclusions and recommendations are divided according to themes that are identified in Chapter Five.