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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

B-BBEE Sub-Sector Code for Public Sector - Transport

6. Appendix B: Enterprise Development Enhanced Recognition Factor Mechanism

B. Definitions

 

 

1. Contributing Enterprise (CE):

This is the organization that is doing the developing and will be claiming the benefit in its Sub-Sector Code scorecard in its' economic sector/sub-sector.

 

2. Beneficiary Enterprise (BE):

This is the relatively new organization that is receiving the mentorship, direction and assistance from the CE.

 

3. Enterprise Development Programme:

This is the internal programme that the CE designs to  develop new/existing organizations against which its scorecard points will be measured in terms of its progress against the plan.