broad-based black economic empowerment
means the viable economic empowerment of all black people, in particular women, workers, youth, people with disabilities and people living in rural areas, through diverse but integrated socio-economic strategies that include, but are not limited to—
(a) | increasing the number of black people that manage, own and control enterprises and productive assets; |
(b) | facilitating ownership and management of enterprises and productive assets by communities, workers, co-operatives and other collective enterprises; |
(c) | human resource and skills development; |
(d) | achieving equitable representation in all occupational categories and levels in the workforce; |
(e) | preferential procurement from enterprises that are owned or managed by black people; and |
(f) | investment in enterprises that are owned or managed by black people; |
[Definition amended by section 1(c) of Act No. 46 of 2013]