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Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Taxi Industry Sub-Sector Code for B-BBEE

6. Taxi Owners and/or Operators

6.3 Management Control

 

6.3.1 Industry commits to:

 

6.3.1.1 The QSEs scorecard will apply when evaluating the management control element. The key indicators for this element will be:

 

6.3.1.1.1 Representation of black women at top management, the minimum compliance levels being 50% of all people at top management level; and

 

6.3.1.1.2 Representation of black youth at top management, the minimum compliance level being 40% of all people at top management level.

 

6.3.2 Measurement Principles and the Application of the Charter

 

6.3.2.1 Measurement principles required in evaluating the management control contributions made by QSEs within this sector are contained in Statement 802 of Code 800 of the Generic Codes of Good Practice.