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

Industry Charters

Information and Communication Technology (ICT) Charter

ICT Sector Code for Black Economic Empowerment

Code Series 100: Measurement of the Ownership Element of Broad-Based Black Economic Empowerment

Statement 100: The General Principles for Measuring Ownership

11. The bonus points
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11.1A Measured Entity with 30% black Economic Interest, can receive a maximum of 2 bonus points for a 10% holding of Economic Interest by black new entrants.
11.2A Measured Entity with 30% black Economic Interest, can receive a maximum of 1 bonus point for a 10% holding of Economic Interest by black Participants in:
11.2.1Employee Ownership Schemes;
11.2.2Broad-Based Ownership Schemes; and
11.2.3Co-Operatives.

 

Annexe 100A • Examples of Mandated Investments

Annexe 100(B) -RULES ON CERTAIN TYPES OF ENTERPRISES