Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)
Codes of Good Practice on Black Economic Empowerment
Integrated Transport Sector Codes
B-BBEE Sub-Sector Code for Public Sector - Transport
2. Department of Transport Undertaking
2.3 Indicators of Empowerment
2.3.6 Enterprise Development
22.214.171.124 Guiding Principle
The DOT will ensure that best-practice enterprise development programmes are implemented, aimed at uplifting communities by providing them with the tools to become economically active.
126.96.36.199 Criteria and targets:
The only criterion applicable here is the average annual value of all qualifying contributions made by the measured entity as discretionary spend with the target set at 1% of discretionary spend is used.
188.8.131.52 Measurement Principles and Application of the Sub-Sector Code
|184.108.40.206.1||Measurement principles associated with the enterprise development element are contained in Statement 600 of Code 600 of the B-BBEE Generic Codes of Good Practice.|
|220.127.116.11.2||Qualifying contributions for the enterprise development element are contained in Annexure 600 (A) - Benefit Factor Matrix of the Statement 600 of Code 600 of the B-BBEE Generic Codes of Good Practice.|
|18.104.22.168.3||The formulae required in the determination of the enterprise development score are contained in Annexure 600 (A) of Statement 600 of Code 600 of the B-BBEE Generic Codes of Good Practice.|