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

Codes of Good Practice on Black Economic Empowerment

Purchase

For the enterprise development programme to be compliant, it must include the following components:

1.	Management skills transfer

2.	Establishment of Administrative systems

3.	Establishment of cost control systems

4.	Planning skills transfer

5.	Business skills transfer

6.	Technical skills transfer

7.	Legal compliance skills transfer

8.	Procurement skills transfer

9.	Establish credit rating/history

10.	Establish financial loan capacity/history