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

Industry Charters

Agri-BEE Charter

5. Elements of Empowerment

5.2. Management Control

 

The objective of this element is to increase the participation and levels of control of Black People and Black Women at board and executive management levels in the Agri-Industry. This will be achieved by increasing the absolute and relative number of Black People in these positions and by implementing mechanisms under the skills development element to ensure that secondary, tertiary and in-house training and development programmes are designed to meet the targets set under the Management Control element.

 

Agri-Industry undertakes to: -

 

5.2.1. Promote participation by Black People in board positions;

 

5.2.2. Promote participation by Black People in executive management positions;

 

5.2.3. Promote participation by Black Women in board and executive management positions; and

 

5.2.4. Promote participation by Black People as Independent Non-executive Board Members.