Acts Online
GT Shield

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

Industry Charters

Forest Sector Charter

Tables

Table 1: Scorecard for Medium and Large Forest Enterprises

6. Enterprise Development

 

INDICATORS

WEIGHTINGS (W) & TARGETS (T)

Forest Sector

Sub-sector specific deviations

W

T

W

T
6. Enterprise Development

15

Growers & Sawmillers
6.1 Average annual value of all Enterprise Development Contributions and Sector Specific Programmes made by the Measured Entity as a percentage of the target

15

3% of NPAT

12

 
6.2 Annual sales of logs and sawtimber (as a percentage of total sales  in terms of tonnage) to enterprises based on their B-BBEE Procurement Recognition Levels

-

-

2

20%
6.3 Annual sale of logs and sawtimber (as a percentage of total sales in terms of tonnage) to enterprises (regardless of their B-BBEE Procurement Recognition Level) that are:

-

-

1

5%
o 50% black owned; or

 

 

 

 
o 30% black women owned