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

The following was agreed for by the industry:

Government and the Industry through the Forestry Charter Council undertake to commission research to determine the appropriate threshold for qualifying small enterprises (QSEs). A decision to include the threshold will be determined a review process which is expected in two to three years after gazetting of this Charter.

1. Ownership

2. Management Control

3. Employment Equity

4. Skills Development

5. Preferential Procurement

6. Enterprise Development

7. Socio-economic Development