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

Preferential 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