Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Industry ChartersInformation and Communication Technology (ICT) CharterICT Sector Code for Black Economic EmpowermentCode Series 000: Framework for Measuring Broad-Based Black Economic EmpowermentStatement 000: General Principles and the Scorecard8. The ICT Sector Scorecard |
| 8.1 | The following table represents the Scorecard and contains the: |
| 8.1.1 | Elements of the scorecard: |
| 8.1.2 | Weightings, and |
| 8.1.3 | Code series reference that specify the mechanisms for measurement and calculation of each of the Elements of the scorecard (Code series 100 - 700) |
Element |
Weighting |
Code series reference |
Ownership |
20 points |
100 |
Management control |
10 points |
200 |
Employment equity |
10 points |
300 |
Skills development |
17 points |
400 |
Preferential procurement |
20 points |
500 |
Enterprise Development |
11 points |
600 |
Socio-Economic Development initiatives |
12 points |
700 |
Based on the overall performance of a Measured Entity using the Scorecard, it receives one of the following B-BBEE Status-:
B-BBEE Statis |
Qualification |
B-BBEE recognition level |
Level One Contributor |
>100 points on the Scorecard |
135% |
Level Two Contributor |
>85 but< 100 points on the Scorecard |
125% |
Level Three Contributor |
>75 but <85 on the Scorecard |
110% |
Level Four Contributor |
>65 but <75 on the Scorecard |
100% |
Level Five Contributor |
>55 but <65 on the Scorecard |
80% |
Level Six Contributor |
>45 but <55 on the Scorecard |
60% |
Level Seven Contributor |
>40 but <45 on the Scorecard |
50% |
Level Eight Contributor |
>30 but <40 on the Scorecard |
10% |
Non-Compliant Contributor |
<30 on the Scorecard |
0% |