Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentIntegrated Transport Sector CodesB-BBEE Sub-Sector Code for Public Sector - Transport5. Appendix A: B-BBEE Status for Accreditation on Preferential Procurement |
PERIOD |
START - 1 YEARS |
2-4 YEARS |
5 YEARS PLUS |
% OF TOTAL PROCUREMENT |
Minimum 50% |
Minimum 50% |
Minimum 70% |
COMPULSORY SUB-TARGET FOR THE DIRECT EMPOWERMENT (OWNERSHIP AND MANAGEMENT CONTROL) ELEMENT |
34% |
40% |
44% |