Acts Online
GT Shield

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

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Forwarding and Clearing Sub-Sector Code for BBBEE

4. Forwarding & Clearing B-BBEE Scorecard

Management

 

 

B-BBEE Element

Indicators of Empowerment

Targets - 5 years

Weightings

Management

Exercisable voting rights of Black board members

50%

1.5

Exercisable voting rights of Black Women board members

25%

1.5

Black persons who are executive directors

50%

1

Black women who are executive directors

25%

1

Black senior top management

40%

1.5

Black Women senior top management

20%

1.5

Black other top management

40%

1

Black Women other top management

20%

1

Bonus point: Black Independent non-Executive Board Members

40%

1