Medicines and Related Substances Act, 1965
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Sector CodesDefence Sector Code16. Elements of the Defence Sector Code: Large Entities Scorecard16.3 Skills Development |
16.3.1 | The shortage of technical and critical skills is one of the major challenges in the SADI which negatively impacts on the ability of the industry to grow. This shortage is a direct result of the historical exclusion of Black people from acquiring such skills. If the SADI is to play its vital role in the re-industrialization of the South African economy, structured and strategic interventions are needed for the acquiring of critical and Scarce Skills. Skills Development initiatives must focus on Scarce Skills including those related to the generation and development of new knowledge that could be deployed to increase the participation of black persons in the expansion and operation of Strategic Enterprises and retention of Sovereign Capabilities in the SADI. |
16.3.2 | Every Measured Entity therefore commits to spend 6% (six) per cent of their annual payroll on skills development programmes for Black persons. |
16.3.3 | Measured Entities must not count the same Black persons under more than one category as contained in paragraphs 2.1, 2.2 and 2.3 of the Skills Development Scorecard respectively, for the purpose of skills development. |
Skills Development Scorecard
B-BBEE Element |
Indicator |
Description |
Weighting Points |
Compliance Target |
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Skills Development |
|
|
5 |
6% |
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|
2 |
0,3% |
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|
3 |
1% |
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|
|
3 |
3% |
|||||
|
3 |
2.5% |
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|
4 |
2.5% |
||||||
|
Number of previously unemployed Black people absorbed by the Entity at the end of the Learnerships, Internships and Apprenticeships programme |
5 |
100% |
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Total |
20 Points |
|