Acts Online
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

Rail Sub-Sector Code for B-BBEE

4. Rail Sub-Sector B-BBEE Scorecard

Management

 

 

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

33%

1.5

% of total exercisable voting rights in the hands of black women board members

16.5%

1.5

% Black persons who are executive directors

33%

1

% Black women who are executive directors

16.5%

2

% 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