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

Codes of Good Practice on Black Economic Empowerment

Code Series 000: Framework for Measuring Broad-Based Black Economic Empowerment

Statement 004 : Scorecards for SPECIALISED Enterprises

4. The Adjusted Qualifying Small Enterprises Scorecard
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4.1)The following table represents the Adjusted Generic Scorecard and contains the:

 

4.1.1)Elements of the scorecard;

 

4.1.2)Weightings; and

 

4.1.3)the Code series reference that specify the mechanisms for measurement and calculation of each of the Elements of the scorecard (Code series 100 - 700).

 

Element

Weighting

Code series

reference

Management control

25 points

200

Employment equity

25 points

300

Skills development

25 points

400

Preferential procurement

25 points

500

Enterprise Development

25 points

600

Socio-Economic Development

25 points

700

 

4.2)A Measured Entity, subject to this statement, that is a Qualifying Small Enterprise must choose any four of the six Elements of B-BBEE against which their B-BBEE compliance will be measured under the Adjusted Qualifying Small Enterprise Scorecard.