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 ScorecardPreferential Procurement |
B-BBEE Element |
Indicators of Empowerment |
Private Sector 5 Year Targets |
Private Sector Weightings |
Preferential Procurement |
Procurement from all B-BBEE Compliant Enterprises as defined by the B-BBEE Recognition Levels as a % of Total Measured Procurement Spend |
50% |
10 |
Procurement from B-BBEE Compliant QSEs and EMEs as defined by the B-BBEE Recognition Levels as a % of Total Measured Procurement |
10% |
3 |
|
Procurement from 50% Black-Owned as a % of discretionary spend |
9% |
3 |
|
Procurement from 30% Black women-Owned Enterprises as a % of discretionary spend |
6% |
2 |