B-BBEE Element

Indicators of Empowerment

Private Sector 5

Year Targets

Private Sector Weightings

Ownership

Exercisable voting rights in the hands of black people

25% + 1 vote

3

Exercisable voting rights in the hands of black women

10%

2

Economic Interest in the hands of black people

25%

4

Economic Interest in the hands of black women

10%

2

Economic Interest of following black natural people in the Enterprise:

- black designated groups,

- black participants in Employee Ownership Schemes,

- black beneficiaries of Broad based Ownership Schemes; or

- black participants in Co-operatives

3%

1

Net Economic Interest/net value

25% graduated over 10 years as per the Codes (Year 5 at 60%)

7

Ownership Fulfilment

1

Bonus points:

Involvement in the ownership of the Enterprises of black new entrants

10%

2

Involvement in the ownership of the Enterprise of black Participants: ESOPS, Broad-Based Ownership schemes; Co-operatives

10%

1