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

Codes of Good Practice on Black Economic Empowerment

Code Series 800 : Codes of Good Practice for Qualifying Small Enterprises (QSE’s)

3. Statement 802: Management control for QSE’s

3.1 The QSE Management control scorecard
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3.1.1)The following table represents the indicators and method for calculating a score for management control under this statement:

 

Management control criteria

Weighting Points

Compliance Target

Black representation at Top Management level

25

50,1%

Bonus Points: Black women representation as Top Management

2

25%