Acts Online
GT Shield

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

Codes of Good Practice on Black Economic Empowerment

Mining Sector Charter

Scorecard for the Broad Based Socio-Economic Empowerment Charter for the South African Mining Industry

3. Objectives

 

The objectives of this charter are to:

 

• Promote equitable access to the nation’s mineral resources to all the people of South Africa;

 

• Substantially and meaningfully expand opportunities for HDSA’s including women, to enter the mining and minerals industry and to benefit from the exploitation of the nation’s mineral resources;

 

• Utilise the existing skills base for the empowerment of HDSA’s;

 

• Expand the skills base of HDSA’s in order to serve the community;

 

• Promote employment and advance the social and economic welfare of mining communities and the major labour sending areas; and

 

• Promote beneficiation of South Africa’s mineral commodities.