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

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Bus Commuter and Coach Services Sub-Sector Code for B-BBEE

3. The Bus Commuter and Coach Services Sub-Sector B-BBEE Scorecard

3.2 Indicators of empowerment

3.2.2 Management Control

3.2.2.2 Management measures including the following:
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3.2.2.2.1Board of Directors

 

3.2.2.2.1.1A measured entity will achieve maximum points if 50% or more of the seats on the Board of Directors are held by black persons. The applicable percentage for the coach industry is equal to or greater that 50%; and

 

3.2.2.2.1.2In addition, a  measured  entity,  will  achieve  maximum points if 25% or more of the total seats on the Board of Directors are held  by  black women. The applicable percentage for the coach industry is equal to or greater than 25%.

 

3.2.2.2.2Executive Directors

 

3.2.2.2.2.1A measured entity will achieve  maximum points if 50% or more of all executive positions are held by black persons. The applicable percentage for the coach industry is equal to or greater than 50%;

 

3.2.2.2.2.2Also, a measured entity will achieve maximum points if 25% or more of all executive positions are held by black women.

 

3.2.2.2.3Senior Top Management

 

3.2.2.2.3.1A measured entity will achieve maximum points if 40% or more of all senior top management positions are held by black persons. The applicable percentage for the coach industry is equal to or greater than 40%; and

 

3.2.2.2.3.2In addition, a measured entity will achieve maximum points if more than 20% of all senior top management positions are held by black women in bus and coach services.

 

3.2.2.2.4Other Top Management

 

3.2.2.2.4.1A measured entity will achieve maximum points if 40% or more of all other top management positions are held by black persons. The applicable percentage for the coach industry is equal to or greater than 40%;

 

3.2.2.2.4.2Also, a measured entity, will achieve maximum points if 20% or more of all other top management positions are held by black women in bus commuter and coach services;

 

3.2.2.2.4.3For QSEs as defined in this charter, the following criteria and targets shall apply:
•Total Black top management representation, for which the target will be 50.1% of all top management positions.

 

3.2.2.2.4.4Evaluation guidelines:
•Senior  Top  Management  -  have individual  responsibility  for  overall management of the enterprises;
•Other Top Management - have responsibility for their area of responsibility only; and
•If a measured entity  does  not distinguish  between Senior Top Management  and  Other  Top  Management -This  may justify  a single grouping under "Senior Management",  but individuals included here cannot be counted under the Employment Equity scorecard as well.