B-BBEE Element

Indicators of Empowerment

Private Sector 5

Year target

Private Sector Weightings

Ownership

Exercisable voting rights in the hands of black people

25%  + 1 vote

6

Economic Interest of black people in the Enterprise

25%

9

Realisation Points:

Ownership fulfilment

1

Net Value

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

9

Bonus Points:

Involvement in the ownership of the Enterprise by black women

10%

2

Involvement in the ownership of the Enterprise by black Participants in Employee Share Schemes, Co-operatives or Broad Based Ownership Schemes

10%

1