INDICATORS

WEIGHTING

TARGET

ACTUAL

SCORE

DIRECT EMPOWERMENT

Unrestricted Voting Rights in there Enterprise in the hands of Black People

3%

25% + 1 vote

0%

Unrestricted voting rights in the Enterprise in the hands of Black women

2%

10%

0%

Economic interest in the Enterprise to which Black people are entitled

4%

25%

0%

Economic interest in the Enterprise to which Black women are entitled

2%

10%

0%

Economic interest in the Enterprise to which black designated groups is entitled.

1%

2.5%

0%

Level of Unrestricted entitlement of black people to receive their Economic interest in the enterprise (as a percentage of total ownership)

8%

25%

0%

Weighted management representation scorecard

10%

40%

33.3%

8%

HUMAN RESOURCES DEVELOPMENT

Weighted employment equity scorecard

10%

50%

59%

10%

Investment in skills development (in addition to levy contributions)

15%

3%

47%

7%

Learnership – learnership position

5%

3%

0%

INDIRECT EMPOWERMENT

Affirmative Procurement from excellent, good and satisfactory BEE contributors

18%

50%

62%

18%

Implementation of robust, independent verification & reporting mechanism to avoid fronting

2%

2%

2%

Monetary investment in SMME with excellent or good BEE contributions (as percentage of Net Asset Value/EBITDA/Total procurement)

8%

5% - 10%

(depending on base used)

0%

0%

Quantifiable non-monetary support to SMME with excellent or good BEE contributions (as percentage of Net Asset Value/EBITDA/Total procurement)

2%

2% - 5%

(depending on base used)

0%

0%

RESIDUAL

Industry specific initiatives to facilitate the inclusion of black people in the sector

Industry specific initiatives to promote black economic empowerment

10%

3%

118%

10%

Corporate Social Investment initiatives in health, education, poverty alleviation and community development

TOTAL INDICATOR WEIGHTING

100%

55%