Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentIntegrated Transport Sector CodesB-BBEE Sub-Sector Code for Public Sector - Transport2. Department of Transport Undertaking2.3 Indicators of Empowerment2.3.6 Enterprise Development |
2.3.6.1 Guiding Principle
The DOT will ensure that best-practice enterprise development programmes are implemented, aimed at uplifting communities by providing them with the tools to become economically active.
2.3.6.2 Criteria and targets:
The only criterion applicable here is the average annual value of all qualifying contributions made by the measured entity as discretionary spend with the target set at 1% of discretionary spend is used.
2.3.6.3 Measurement Principles and Application of the Sub-Sector Code
2.3.6.3.1 | Measurement principles associated with the enterprise development element are contained in Statement 600 of Code 600 of the B-BBEE Generic Codes of Good Practice. |
2.3.6.3.2 | Qualifying contributions for the enterprise development element are contained in Annexure 600 (A) - Benefit Factor Matrix of the Statement 600 of Code 600 of the B-BBEE Generic Codes of Good Practice. |
2.3.6.3.3 | The formulae required in the determination of the enterprise development score are contained in Annexure 600 (A) of Statement 600 of Code 600 of the B-BBEE Generic Codes of Good Practice. |