Area |
Target |
Weighting Points |
% of Points |
Statement 801: QSE Ownership Scorecard |
|
25 |
|
1.Voting Rights in Enterprise:
In hands of Black People |
25% + 1 vote |
6 |
24% |
2.Economic Interest in Enterprise:
To Black people |
25% |
9 |
36% |
3.Realisation:
Ownership Fulfilment |
No 3rd party rights |
1 |
4% |
Net Value |
|
9 |
36% |
4. Sale or Loss of Shares (limited to 40% of ownership scorecard score) |
|
|
|
5. Bonus Points:
Ownership by black women |
10% |
2 |
|
Involvement of –
Employee Ownership Schemes
Broad-based Ownership Schemes
Co-operatives |
10% |
1 |
|
Statement 802: Management Control of QSE’s |
25 |
|
1. Black representation at Top Management |
50.1% |
25 |
100% |
2. Bonus Points: Black women representation |
25% |
2 |
|
Statement 803: Employment Equity |
Year 0 – 5 |
Year 6 – 10 |
25 |
|
1. Black Employees in Management as a % of all such employees |
40% |
60% |
15 |
60% |
2. Black Employees as a % of all employees |
60% |
70% |
10 |
40% |
3. Bonus points for meeting or exceeding EAP targets in 1 and 2. |
|
2 |
|
Statement 804: Skills Development |
|
25 |
|
Adjusted skills development spend on learning programmes of black employees as a % of Leviable Amount |
2% |
25 |
100% |
Statement 805: Preferential Procurement |
|
25 |
|
BBBEE Procurement Spend from all Suppliers based on the BBBEE Recognition Levels as a % of Total Measured Procurement Spend. |
40% |
50% |
25 |
100% |
Statement 806: Enterprise Development |
|
25 |
|
Average annual value of all qualifying contributions by the ME as a % of the target |
2% of NPAT or turnover |
25 |
100% |
Statement 807: Socio-economic Development |
25 |
|
Average value of all Socio-economic Development Contributions and Approved Socio-economic Development Contributions as a % of the target |
1% of NPAT or turnover |
25 |
100% |
|
Notes: |
|
|
|
Apply using principles in Codes 100 – 700 |
