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

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Forwarding and Clearing Sub-Sector Code for B-BBEE

3. Indicators of Empowerment (to achieve this vision)

3.3 Employment Equity

3.3.2 Private Industry commits to:
Purchase cart Previous page Return to chapter overview Next page

 

 

3.3.2.1Private industry undertakes to achieve within FIVE years:

 

3.3.2.1.145%  representation  of  black  people  in  senior  management  and  a  23% representation of black women in senior management.

 

3.3.2.1.263%  representation  of  black  people  in  middle  management  and  a  32% representation of black women in middle management.

 

3.3.2.1.368%  representation of black people in junior  management  and a  34% representation of black women in junior management.

 

3.3.2.1.42% representation of black disabled people throughout the measured entity and 50% of this will be black women.

 

3.3.2.1.5Measured entities falling within the QSEs threshold commit that 40% of all management staff is black within 5 years. 50% of these positions should be earmarked for black women.

 

3.3.2.5.1QSEs within this sector commit that 60% of all staff should be black within the 5 years. Black women should occupy 30% of all positions within 5 years.

 

3.3.2.2Private industry undertakes to achieve within TEN years:

 

3.3.2.2.160%  representation  of  black  people  in  senior  management  and  a  30% representation of black women in senior management.

 

3.3.2.2.275%  representation of black people in middle management  and a 38% representation of black women in middle management.

 

3.3.2.2.380% representation of black people in Junior management and a 40% representation of black women in junior management.

 

3.3.2.2.43% representation of black disabled people throughout the measured entity.

 

3.3.2.2.5Points will only be awarded for employment equity once a minimum of 40% of the specific target has been achieved.

 

3.3.2.2.6Measured entities commit to 60% of all management staff is black within 5 years; 50% of these positions should be earmarked for black women.

 

3.3.2.2.6.1QSEs within this sector commit to all 70% of all staff should be black within the 5 years. 35% of all positions should be occupied by black women within 5 years.

 

3.3.2.2.7An understanding that the 10 year targets stated above may be subject to change as a result of a revision of the Sub-Sector Code in 5 years from its inception.