Acts Online
GT Shield

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

Codes of Good Practice on Black Economic Empowerment

Code Series 000: Framework for Measuring Broad-Based Black Economic Empowerment

Statement 000 : General Principles and Generic Scorecard

9. Enhanced recognition for certain categories of black people

 

Throughout the Codes, various criteria appear which advance the interests of certain categories of black people. These include –

 

9.1) black women who should form between 40 and 50% of the beneficiaries of all Elements of the Generic Scorecard; and

 

9.2) black people with disabilities, black youth, black people living in rural areas and black unemployed people who must form between 2 and 3% of the beneficiaries of all Elements of the Generic Scorecard.