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

Amended Codes of Good Practice (2017)

Amended Code Series CSC200: Measurement of the Management Control Element of Broad-Based Black Economic Empowerment in the Construction Sector

Statement CSC200: The General Principles for Measuring Management Control)

1. Measurement of the 'Black People' Indicators of Senior Management, Middle Management, and Junior Management
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Subject to the limitations in clause 3 Annexe CSC200 (B) below, the calculation of the Management Control indicators provided for in paragraphs 2.3.1, 2.4.1, and 2.5.1 of the Management Control scorecard are as follows:

 

 

 

A = AM + CM + IM + AF + CF + IF

 

Where:

 

A is the percentage of Black Employees that is “B” in the formula in Annexe CSC200 (A) for each of the indicators in paragraphs 2.3.1, 2.4.1 and 2.5.1.

 

AM is the percentage of Employees in the measurement category that are African Males.

 

CM is the percentage of Employees in the measurement category that are Coloured Males.

 

IM is the percentage of Employees in the measurement category that are Indian Males.

 

AF is the percentage of Employees in the measurement category that are African Females.

 

CF is the percentage of Employees in the measurement category that are Coloured Females.

 

IF is the percentage of Employees in the measurement category that are Indian Females.