Acts Online
GT Shield

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

Industry Charters

Information and Communication Technology (ICT) Charter

ICT Sector Code for Black Economic Empowerment

Code Series 600: Measurement of Enterprise Development Element of Broad-Based Black Economic Empowerment

Statement 600: The General Principles for Measuring Enterprise Development Element

2. The Enterprise Development scorecard


2.1 The following table represents the criteria and method used for deriving a score for Enterprise Development under this statement:



Weighting Points

Compliance Target

Average annual value of all Enterprise Development Contributions and Sector Specific Programmes made by the Measured Entity as a percentage of the target.




2.2 The weighting points in the ED scorecard represent the maximum number of points possible for each of the criteria.
2.3 The ICT sector has set the target of 5% Net Profit After Tax (NPAT) for Enterprise Development to accelerate transformation in the sector by developing black owned ICT companies. The Enterprise Development spend shall include financial and non-financial spend on enterprises including transfer of business skills to black owned ICT businesses in order to grow the sector.