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

Amended AgriBEE Sector Code (2017)

7. Elements of Empowerment

 

7.1 Both Large Enterprises and QSEs are measured using all elements of the Amended AgriBEE Scorecard. This is also a sector endeavor to encourage broad-based empowerment; and ownership has always been a core transformation consideration of the sector.

 

AMENDED AgriBEE SCORECARDS WEIGHTINGS

 

Element

Large Enterprises

Weighting

QSE Scorecard

Weighting

Ownership

25 points

25 points

Management control

19 points

15 points

Skills Development

20 points

30 points

Enterprise and Supplier Development

40 points

25 points

Socio-Economic Development

15 points

15 points

 

 

SPECIALISED SCORECARD WEIGHTINGS

 



Element

Large Enterprises

Weighting

QSE Scorecard

Weighting

Management control

20 points

25 points

Skills Development

25 points

30 points

Enterprise and Supplier Development

50 points

30 points

Socio-Economic Development

5 points

15 points

 

7.2 Ownership

7.3 Management Control

7.4 Skills Development

7.5 Enterprise and Supplier Development

7.6 Socio-Economic Development (SED)