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 800: ICT Codes of Good Practice for Qualifying Small Enterprises (QSE's)3. Statement 802: Management Control for QSEs |
| 3.1 | The QSE Management control scorecard |
The following table represents the indicators and method for calculating a score for management control under this statement:
Management control criteria |
Weighting Points |
Compliance Target |
Black representation at Top-Management level |
25 |
50.1% |
Bonus Points: Black women representation as Top-Management |
2 |
25% |
| 3.2 | Key measurement principles |
| 3.2.1 | A Measured Entity receives points in proportion to the extent that it meets the targets for participation of black people and black women at Top-Management level. |
| 3.3 | Common examples of Top Management |
The inclusion of the following examples of Top Management is for guidance purposes only:
| 3.3.1 | Senior Top Management positions include the chief executive officer, the chief operating officer, the chief financial officer and other people holding similar positions. |
| 3.3.2 | Other Top Management positions include the chief information officer, the head of marketing, the head of sales, the head of public relations, the head of transformation, the head of human resources and other people holding similar positions. |