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

Industry Charters

Financial Services  Charter

Code Series FS500: The Measurement of the Procurement Element of Broad-Based Black Economic Empowerment

1. Objectives of this statement
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The objectives of this statement are to specify:

 

1.1The Preferential Procurement scorecard;

 

1.2The key measurement principles applicable to calculating Preferential Procurement contributions to B-BBEE.