Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentIntegrated Transport Sector CodesBus Commuter and Coach Services Sub-Sector Code for B-BBEE4. Bus Broad-Based Balanced ScorecardForeign Ownership |
B-BBEE Element |
Indicators of Empowerment |
Bus Commuter Services 5 year Targets |
Coach Services 5 year Targets |
Weightings
|
Foreign Ownership: Provide evidence of a global practice against selling equity to locals in investee countries |
25% of the value of the South African operations of the Multinational, determined using a Standard Valuation; OR |
25% of the value of the South African operations of the Multinational, determined using a Standard Valuation; OR |
25% of the value of the South African operations of the Multinational, determined using a Standard Valuation; OR |
20 |
4% of Total Revenue from its South African operations annually over the period of continued measurement Equity Equivalence |
4% of Total Revenue from its South African operations annually over the period of continued measurement 20 |
4% of Total Revenue from its South African operations annually over the period of continued measurement 20 |