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 Scorecard5. Preferential Procurement |
BEE elements |
Indicators |
Weighting points |
Minimum targets |
Time frames |
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2006 |
2009 |
2014 |
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Preferential procurement |
BB-BBEE procurement spend from all suppliers based on the B-BBEE procurement recognition levels as a percentage of total measured procurement spend |
9 |
50% |
25% |
30% |
50% |
B-BBEE procurement spend from qualifying small enterprises or exempted micro- enterprises based on the applicable B-BBEE procurement-recognition levels as a percentage of total measured procurement spend |
2 |
15% |
8% |
10% |
15% |
|
|
B-BBEE procurement spend from any of the following suppliers as a percentage of total measured procurement spend: 1. suppliers that are 50% black owned (2 out of 4 points) 2. suppliers that are 30% black women owned (2 out of 4 points) |
4 |
20% |
10% |
15% |
20% |
15 |
Weighting = 15