Acts Online
GT Shield

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 800: ICT Codes of Good Practice for Qualifying Small Enterprises (QSE's)

3. Statement 802: Management Control for QSEs

 

3.1 The QSE Management control scorecard

The following table represents the indicators and method for calculating a score for management control under this statement:

 

Management control criteria

Weighting Points

Compliance Target

Black representation at Top-Management level

25

50.1%

Bonus Points: Black women representation as Top-Management

2

25%

 

3.2 Key measurement principles
3.2.1 A Measured Entity receives points in proportion to the extent that it meets the targets for participation of black people and black women at Top-Management level.
3.3 Common examples of Top Management

The inclusion of the following examples of Top Management is for guidance purposes only:

3.3.1 Senior Top Management positions include the chief executive officer, the chief operating officer, the chief financial officer and other people holding similar positions.
3.3.2 Other Top Management positions include the chief information officer, the head of marketing, the head of sales, the head of public relations, the head of transformation, the head of human resources and other people holding similar positions.