Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentIntegrated Transport Sector CodesForwarding and Clearing Sub-Sector Code for B-BBEE4. Forwarding & Clearing B-BBEE ScorecardPreferential Procurement |
B-BBEE Element |
Indicators of Empowerment |
Targets - 5 years |
Weightings |
Preferential Procurement |
Procurement spend from all suppliers based on recognition levels as percentage of total measured procurement spend |
50% |
12 |
Procurement spend from QSE'S and EME's based on recognition levels as percentage of total measured procurement spend |
10% |
3 |
|
Procurement from 50% Black-Owned as a % of Total Procurement spend |
9% |
3 |
|
Procurement from 30% Black Women-Owned Enterprises as a percentage of Total Procurement spend |
6% |
2 |