Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentIntegrated Transport Sector CodesRail Sub-Sector Code for B-BBEE4. Rail Sub-Sector 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 |
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 |