Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentMarketing, Advertising and Communication (MAC) Sector Charter1. Proposed Marketing, Advertising and Communication Transformation CharterAnnexuresAnnexure B : Proposed MAC Industry ScorecardPart One : Generic Scorecard1. Ownership |
BEE elements |
Indicators |
Weighting points |
Minimum targets |
Time frames |
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2006 |
2009 |
2014 |
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Voting rights |
Exercisable voting rights in the enterprise in the hands of black people |
4 |
25% + 1 |
25% |
30% |
45% |
|
Exercisable voting rights in the enterprise in the hands of black women |
2 |
10% |
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Economic interest |
Economic interest of black people in the enterprise |
3 |
25% |
25% |
30% |
45% |
|
Economic interest of black women in the enterprise |
2 |
10% |
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Economic interest of the following black natural people in the enterprise: |
1 |
3% |
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(1) |
black designated groups |
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(2) |
black participants in employee-ownership schemes |
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(3) |
black beneficiaries of broad-based ownership schemes |
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(4) |
black participants in co-operatives |
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Realisation points |
Ownership fulfilment |
2 |
25% |
30% |
45% |
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Net value |
1 |
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Bonus points |
Involvement in the ownership of the enterprise of black new entrants |
3 (the dti 2) |
10% |
30% |
60% |
100% |
|
Involvement in the ownership of the enterprise of black participants: |
2 (the dti 1) |
10% |
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(1) |
in employee-ownership schemes |
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(2) |
of broad-based ownership schemes |
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(3) |
co-operatives |
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20 |
Weighting = 20