Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentMarketing, Advertising and Communication (MAC) Sector Charter1. Proposed Marketing, Advertising and Communication Transformation CharterAnnexuresAnnexure B : Proposed MAC Industry ScorecardPart One : Generic Scorecard2. Management |
BEE elements |
Indicators |
Weighting points |
Minimum targets |
Time frames |
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2006 |
2009 |
2014 |
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Board participation |
Exercisable voting rights of black board members using the adjusted recognition for gender |
5 |
50% |
25%
10% |
30%
20% |
50%
30% |
Black executive directors using the adjusted recognition for gender |
3 |
50% |
||||
Top management |
Black senior top management using the adjusted recognition for gender |
4 |
50% |
|||
Other black top management using the adjusted recognition for gender |
3 |
50% |
||||
Bonus points |
Black independent non-executive board members |
1 |
30% |
|||
15 (excl bonus) |
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Weighting = 15