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

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Rail Sub-Sector Code for B-BBEE

3. Indicators of Empowerment

3.5 Skills Development

3.5.2 Private Industry Commit to:
Purchase cart Previous page Return to chapter overview Next page

 

 

3.5.2.1Investing a minimum of 3.5% of the leviable amount on skills development expenditure on Learning programmes as per the Learning Matrix contained in the Codes, for black people.  The target is inclusive of all associated costs and the current 1% skills development levy.

 

3.5.2.2Investing  a  minimum  of  1.5%  of  the  leviable  amount   on  skills development  expenditure  on  Learning  Programmes   as  per  the Learning Matrix contained in the Codes for black women employees.

 

3.5.2.3 Investing  a  minimum  of  0.3%  of  the  leviable  amount  on  skills development  expenditure  on  Learning  Programmes   as  per  the Learning Matrix contained in the Codes for black disabled employees.

 

3.5.2.4 Investing  a  minimum  of  0.15%  of  the  leviable  amount  on  skills development   expenditure  on  Learning  Programmes  as  per  the Learning Matrix  contained in the  Codes for  black women  disabled employees.

 

3.5.2.5The number of black employees participating in Learnerships or Category B, C or D as a percentage of total employees will be 5%.

 

3.5.2.6The number of black women employees participating in Learnerships or Category B, C or D as a percentage of total employees will be 2%.

 

3.5.2.7 Measured entities qualifying as QSEs to invest 2% of the leviable or payroll whichever is applicable on skills development expenditure on learning programmes for black employees. 50% of this amount to be spend on learning programmes for black women employees.