Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Amended Codes of Good Practice (2013)Amended Code Series 100: Measurement of the Ownership Element of Broad-Based Black Economic EmpowermentStatement 100: The General Principles for Measuring Ownership2. The Ownership Scorecard |
The following table represents the indicators and methods for calculating a score for Ownership under this statement:
B-BBEE Element |
Indicator |
Description |
Weighting Points |
Compliance Target |
Ownership
|
2.1 Voting Rights |
2.1.1 Exercisable Voting Rights in the Entity in the hands of Black people |
4 |
25%+1 Vote |
2.1.2 Exercisable Voting Rights in the Entity in the hands of Black women |
2 |
10% |
||
2.2 Economic Interest |
2.2.1 Economic Interest in the Entity to which Black people are entitled |
4 |
25% |
|
2.2.2 Economic Interest in the Entity to which Black women are entitled |
2 |
10% |
||
2.2.3 Economic interest of any of the following Black natural people in the Measured Entity |
||||
2.2.3.1 Black designated groups; 2.2.3.2 Black participants in Employee Share Ownership Programmes; 2.2.3.3 Black people in Broad-based Ownership Schemes; 2.2.3.4 Black participants in Co-operatives |
3 |
3% |
||
2.2.4 New Entrants |
2 |
2% |
||
2.3 Realisation Points |
2.3.1 Net Value |
8 |
Refer to Annexe C |