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 500: Measurement of the Preferential Procurement Element of Broad-Based Black Economic Empowerment

Statement 500: The General Principles for Measuring Preferential Procurement

8. The calculation of Preferential Procurement contributions to B-BBEE
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8.1A Measured Entity receives a score for procurement in proportion to the extent that it meets the compliance target.
8.2The Measured Entity's score for Preferential Procurement contributions to B-BBEE under the preferential procurement scorecard can be calculated in terms of formula ''B" in Annexe 500(A).