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

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Bus Commuter and Coach Services Sub-Sector Code for B-BBEE

3. The Bus Commuter and Coach Services Sub-Sector B-BBEE Scorecard

3.2 Indicators of empowerment

3.2.2 Management Control

3.2.2.2 Management measures including the following:

Purchase

3.2.2.2.1

Board of Directors

3.2.2.2.1.1

A measured entity will achieve maximum points if 50% or more of the seats on the Board of Directors are held by black persons. The applicable percentage for the coach industry is equal to or greater that 50%; and

3.2.2.2.1.2

In addition, a measured entity, will achieve maximum points if 25% or more of the total seats on the Board of Directors are held by black women. The applicable percentage for the coach industry is equal to or greater than 25%.

3.2.2.2.2

Executive Directors

3.2.2.2.2.1

A measured entity will achieve maximum points if 50% or more of all executive positions are held by black persons. The applicable percentage for the coach industry is equal to or greater than 50%;

3.2.2.2.2.2

Also, a measured entity will achieve maximum points if 25% or more of all executive positions are held by black women.

3.2.2.2.3

Senior Top Management

3.2.2.2.3.1

A measured entity will achieve maximum points if 40% or more of all senior top management positions are held by black persons. The applicable percentage for the coach industry is equal to or greater than 40%; and

3.2.2.2.3.2

In addition, a measured entity will achieve maximum points if more than 20% of all senior top management positions are held by black women in bus and coach services.

3.2.2.2.4

Other Top Management

3.2.2.2.4.1

A measured entity will achieve maximum points if 40% or more of all other top management positions are held by black persons. The applicable percentage for the coach industry is equal to or greater than 40%;

3.2.2.2.4.2

Also, a measured entity, will achieve maximum points if 20% or more of all other top management positions are held by black women in bus commuter and coach services;

3.2.2.2.4.3

For QSEs as defined in this charter, the following criteria and targets shall apply:

•	Total Black top management representation, for which the target will be 50.1% of all top management positions.

3.2.2.2.4.4

Evaluation guidelines:

•	Senior Top Management - have individual responsibility for overall management of the enterprises;

•	Other Top Management - have responsibility for their area of responsibility only; and

•	If a measured entity does not distinguish between Senior Top Management and Other Top Management -This may justify a single grouping under "Senior Management", but individuals included here cannot be counted under the Employment Equity scorecard as well.