B-BBEE Element

Indicators of Empowerment

Targets - 5 years

Weightings

Foreign Ownership:

Provide evidence of a global practice against selling equity to locals in investee countries

Equity equivalent programmes approved by the line minister of the transport sector.

N.B: Contributions toward these programmes are measured as actual contributions made using the general principles outlined in statement 600 and statement 700 of the codes of Good Practice.

25% of the value of the South African operations of the Multinational, determined using a Standard Valuation; OR

4% of Total Revenue from its South African operations annually over the period of continued measurement

20