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

Industry Charters

Financial Services  Charter

Code Series FS200: The Measurement of the Management and Control Element of Broad-Based Black Economic Empowerment

Annexe 200(A)
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This formula is for determining the Management Control Score

 

A= B/C x D

 

Where:

 

A is the score achieved per line item of the scorecard

 

B is the percentage representation per line item of the scorecard

 

C is the target percentage per line item of the scorecard

 

D is the total points available per line item of the scorecard