Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentMining Sector CharterAmendment of the Broad-Based Socio-Economic Empowerment Charter for the South African Mining and Minerals Industry2. Elements of the Mining Charter2.4 Employment Equity |
Workplace diversity and equitable representation at all levels are catalysts for social cohesion, transformation and competitiveness of the mining industry. In order to create a conducive environment to ensure diversity as well as participation of HDSA at all decision-making positions and core occupational categories in the mining industry, every mining company must achieve a minimum of 40% HDSA demographic representation at:
• | Executive Management (Board) level by 2014; |
• | Senior management (EXCO) level by 2014; |
• | Core and Critical skills by 2014; |
• | Middle management level by 2014; |
• | Junior management level by 2014. |
In addition, mining companies must identify and fast-track their existing talent pools to ensure high level operational exposure in terms of career path programmes.