Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

B-BBEE Element

Indicator

Description

Weighting Points

Compliance Target

Ownership

2.1      Voting Rights

2.1.1      Exercisable Voting Rights in the Entity in the hands of Black people

4

25%+1 Vote

2.1.2      Exercisable Voting Rights in the Entity in the hands of Black women

2

10%

2.2      Economic Interest

2.2.1      Economic Interest in the Entity to which Black people are entitled

4

25%

2.2.2      Economic Interest in the Entity to which Black women are entitled

2

10%

2.2.3      Economic interest of any of the following Black natural people in the Measured Entity

2.2.3.1      Black designated groups;

2.2.3.2      Black participants in Employee Share Ownership Programmes;

2.2.3.3      Black people in Broad-based Ownership Schemes;

2.2.3.4      Black participants in Co-operatives

3

3%

2.2.4      New Entrants

2

2%

2.3      Realisation Points

2.3.1      Net Value

8

Refer to Annexe C