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

4. Forwarding & Clearing B-BBEE Scorecard

Preferential Procurement
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B-BBEE Element

Indicators of Empowerment

Targets - 5 years

Weightings

Preferential Procurement

Procurement spend from all suppliers based on recognition levels as percentage of total measured procurement spend

50%

12

Procurement spend from QSE'S and EME's based on recognition levels as percentage of total measured procurement spend

10%

3

Procurement from 50% Black-Owned as a % of Total Procurement spend

9%

3

Procurement from 30% Black Women-Owned Enterprises as a percentage of Total Procurement spend

6%

2