Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentIntegrated Transport Sector CodesBus Commuter and Coach Services Sub-Sector Code for B-BBEE4. Bus Broad-Based Balanced ScorecardManagement |
B-BBEE Element |
Indicators of Empowerment |
Bus Commuter Services 5 year Targets |
Coach Services 5 year Targets |
Weightings
|
Management |
% of total exercisable voting rights in the hands of black board members |
50% |
50% |
1.5 |
% of total exercisable voting rights in the hands of black women board members |
25% |
25% |
1.5 |
|
% Black executive directors |
50% |
50% |
1 |
|
% Black Women executive directors |
25% |
25% |
1 |
|
% of black senior top management |
40% |
40% |
1.5 |
|
% of black women senior top management |
20% |
20% |
1.5 |
|
% of black other top management |
40% |
40% |
1 |
|
% of black women other top management |
20% |
20% |
1 |
|
Bonus points: Black Independent Non-Executive Board Members |
40% |
40% |
1 |