Medicines and Related Substances Act, 1965
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Amended Codes of Good Practice (2017)Amended Code Series CS000: Framework for Measuring Broad-Based Black Economic Empowerment in the Construction SectorStatement CSC000: General Principles and the Large Enterprise Scorecard1. Preamble1.4 Strategic Objectives of the Amended Construction |
1.4.1 | The Amended Construction Sector Code provides a framework for the Construction Sector to address B-BBEE, enhance the capacity of black contractors, black professionals, industry workers and the community and to increase the productivity of the sector to meet world best practice. |
1.4.2 | The Amended Construction Sector Code in general supports all the objectives of the Construction Sector Transformation Charter and in particular aims to: |
1.4.2.1 | Achieve a substantial, meaningful and accelerated change in the racial and gender composition of ownership, control and management in the sector; |
1.4.2.2 | Promote the effective advancement of employment equity in the sector and adherence to principles of non-racialism and non-sexism and also addresses the underrepresentation of certain race groups relative to the Economically Active Population targets with specific focus on all levels of management; |
1.4.2.3 | Address Skills Development in a manner that accelerates the advancement of Black People, black women and Designated Groups with particular emphasis on Learnerships, technical and management training; |
1.4.2.4 | Increase the procurement of goods and services by the private sector and public sector from entities that are at least 51% Black Owned, 35% Black Women Owned or at least 51% Black Designated Group owned and standardize industry-wide preferential procurement methodologies; |
1.4.2.5 | Enhance Supplier and Contractor Development in the core value chain of the construction industry that leads to sustainable empowerment for Qualifying Supplier Development Beneficiaries; |
1.4.2.6 | Enhancing transformation by ensuring that the Construction Sector creates productive assets in the hands (actual control and ownership) of Black People; |
1.4.2.7 | Contribute to the creation of substantial black owned entities and black industrialists in the Construction Sector through industry wide Supplier and Contractor Development initiatives; |
1.4.2.8 | Increasing Preferential Procurement spend on local companies thereby increasing local job creation as aligned to the objectives of the National Development Plan; |
1.4.2.9 | Provide the Construction Sector on-going qualitative and quantitative methods for monitoring and evaluating the progress of enterprises toward B-BBEE; and thereby contribute to ending the malpractice of fronting; and |
1.4.2.10 | Introduce compulsory reporting and engagement with the BEE Commissioner to monitor progress of enterprises toward B-BBEE. |