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

Codes of Good Practice on Black Economic Empowerment

Code Series 600: Measurement of Enterprise Development Element of Broad-Based Black Economic Empowerment

Statement 600 : The General Principles for Measuring Enterprise Development Element

1. Objectives of this statement


The objectives of this statement are to specify:


1.1) the Enterprise Development (ED) scorecard;


1.2) the key measurement principles for calculating Qualifying Enterprise Development Contributions; and


1.3) the formula for calculating the individual criteria specified in the ED scorecard.