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

Industry Charters

Purchase

INDICATORS

WEIGHTINGS (W) & TARGETS (T)

Forest Sector

Sub-sector specific deviations

6.	Enterprise Development

Growers & sawmillers

6.1	Average annual value of all Enterprise Development Contributions made by the Measured Entity as a percentage of the target

2% of NPAT

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

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:

o	50% black owned; or

o	30% black women owned