Acts Online
GT Shield

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

4. Bus Broad-Based Balanced Scorecard

Management

 

B-BBEE Element

Indicators of Empowerment

Bus Commuter Services 5 year Targets

Coach Services

5 year Targets

Weightings

 

Management

% of total exercisable voting rights in the hands of black board members

50%

50%

1.5

% of total exercisable voting rights in the hands of black women board members

25%

25%

1.5

% Black executive directors

50%

50%

1

% Black Women executive directors

25%

25%

1

% of black  senior top management

40%

40%

1.5

% of black women senior top management

20%

20%

1.5

% of black other top management

40%

40%

1

% of black women other top management

20%

20%

1

Bonus points: Black Independent Non-Executive Board Members

40%

40%

1