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

Industry Charters

Information and Communication Technology (ICT) Charter

ICT Sector Code for Black Economic Empowerment

Code Series 000: Framework for Measuring Broad-Based Black Economic Empowerment

Statement 000: General Principles and the Scorecard

8. The ICT Sector Scorecard

 

8.1 The following table represents the Scorecard and contains the:

 

8.1.1 Elements of the scorecard:

 

8.1.2 Weightings, and

 

8.1.3 Code series reference that specify the mechanisms for measurement and calculation of each of the Elements of the scorecard (Code series 100 - 700)

 

Element

Weighting

Code series reference

Ownership

20 points

100

Management control

10 points

200

Employment equity

10 points

300

Skills development

17 points

400

Preferential procurement

20 points

500

Enterprise Development

11 points

600

Socio-Economic Development initiatives

12 points

700

 

 

Based on the overall performance of a Measured Entity using the Scorecard, it receives one of the following B-BBEE Status-:

 

B-BBEE Statis

Qualification

B-BBEE recognition level

Level One Contributor

>100 points on the Scorecard

135%

Level Two Contributor

>85 but< 100 points on the Scorecard

125%

Level Three Contributor

>75 but <85 on the Scorecard

110%

Level Four Contributor

>65 but <75 on the Scorecard

100%

Level Five Contributor

>55 but <65 on the Scorecard

80%

Level Six Contributor

>45 but <55 on the Scorecard

60%

Level Seven Contributor

>40 but <45 on the Scorecard

50%

Level Eight Contributor

>30 but <40 on the Scorecard

10%

Non-Compliant Contributor

<30 on the Scorecard

0%