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

Maritime Transport & Services Industry Sub-Sector Code for BBBEE

4. Maritime Transport & Services Industry B-BBEE Scorecard

Management

 

 

B-BBEE Element

Indicators of Empowerment

Private Sector 5

Year Targets

Private Sector Weightings

Management

% of total exercisable voting rights in the hands of black board members

50%

1.5


% of total exercisable voting rights in the hands of black-women board members

25%

1.5


% Black persons who are executive directors

50%

1


% Black women who are executive directors

25%

1


% of black people who hold senior top management positions

40%

1.5


% of black women who hold senior top management positions

20%

1.5


% of black people who hold other top management positions

40%

1


% of black women who hold other top management positions

20%

1


Bonus Point: Black Independent Non-Executive Board Members

40%

1


Bonus points: Percentage of black people living with disability as a percentage of total management

3%

1