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

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

B-BBEE Sub-Sector Code for Public Sector - Transport

6. Appendix B: Enterprise Development Enhanced Recognition Factor Mechanism

F. Criteria for Compliance
Purchase cart Previous page Return to chapter overview Next page

 

 

For  the  enterprise  development  programme  to  be  compliant,  it  must include the following components:

 

1.Management skills transfer
2.Establishment of Administrative systems
3.Establishment of cost control systems
4.Planning skills transfer
5.Business skills transfer
6.Technical skills transfer
7.Legal compliance skills transfer
8.Procurement skills transfer
9.Establish credit rating/history
10.Establish financial loan capacity/history