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

Codes of Good Practice on Black Economic Empowerment

Purchase

B-BBEE Element

Indicators of Empowerment

Targets - 5 years

Weightings

Socio-economic Development

Expenditure on social development programmes as a % of NPAT.

N.B: Enhanced recognition shall be awarded for contributions towards the following causes:

•

HIV/AIDS

•

Bursaries

•	Poverty alleviation

•	F&C industry awareness

1% of NPAT