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

Codes of Good Practice on Black Economic Empowerment

Purchase

Element	Criteria	Weightings	Sector target - 5 years	Adjusted weightings for SOE's
Socio-economic Development	Socio-economic development contributions as identified in the "Benefit Factor Matrix" (Annexure 700A) as a percentage of net profit after tax	5	1% of NPAT	6
Total		100		100