Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentIntegrated Transport Sector CodesMaritime Transport & Services Industry Sub-Sector Code for B-BBEE4. Maritime Transport & Services Industry B-BBEE ScorecardManagement |
B-BBEE Element |
Indicators of Empowerment |
Private Sector 5 Year Targets |
Private Sector Weightings |
Management |
% of total exercisable voting rights in the hands of black board members |
50% |
1.5 |
% of total exercisable voting rights in the hands of black-women board members |
25% |
1.5 |
|
% Black persons who are executive directors |
50% |
1 |
|
% Black women who are executive directors |
25% |
1 |
|
% of black people who hold senior top management positions |
40% |
1.5 |
|
% of black women who hold senior top management positions |
20% |
1.5 |
|
% of black people who hold other top management positions |
40% |
1 |
|
% of black women who hold other top management positions |
20% |
1 |
|
Bonus Point: Black Independent Non-Executive Board Members |
40% |
1 |
|
Bonus points: Percentage of black people living with disability as a percentage of total management |
3% |
1 |