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

Industry Charters

Construction Sector Charter

Code Series 2800 : Codes of Good Practice for Qualifying Small Enterprises (QSE's)

Statement 2804 : Skills Development for QSE's
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5)        Statement 2804: Skills Development for QSE's

 

a)        The QSE Skills Development Scorecard

 

Skills Development Element

Weighting Points

Compliance Target

5.1

Skills Development Expenditure in respect of all employees on learning programmes as a percentage of Leviable Amount

10

1.5%

5.2

The portion of Skills Development Expenditure, spent on Black People, expressed as a percentage of total Skills Development Expenditure using the Adjusted Recognition for Gender.

15

70%

 

All relevant principals defined in Code 2400 and Statement 804 apply to Code 2804

 

The Adjusted Recognition for Gender must be applied as in paragraph 1.1.2 of Code 2400.