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Criteria

THE CODES OF GOOD PRACTICE FOR BROAD – BASED BLACK ECONOMIC EMPOWERMENT ENTERPRISE DEVELOPMENT & SOCIO-ECONOMIC DEVELOPMENT CODE 600 – STATEMENT 600 CODE 700 – STATEMENT 700. Criteria. Weighting Points. Compliance Target.

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Criteria

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  1. THE CODES OF GOOD PRACTICE FOR BROAD – BASED BLACK ECONOMIC EMPOWERMENT ENTERPRISE DEVELOPMENT & SOCIO-ECONOMIC DEVELOPMENT CODE 600 – STATEMENT 600CODE 700 – STATEMENT 700

  2. Criteria Weighting Points Compliance Target Average Annual value of all Enterprise Development Contributions and Sector Specific Programmes made by the Measured Entity as a percentage of the target 15 3% of NPAT CODE 600 : THE GENERIC ENTERPRISE DEVELOPMENT SCORECARD

  3. CODE 600 : THE GENERIC ENTERPRISE DEVELOPMENT SCORECARD The JSE and Enterprise Development • 2005/6 financial year: 0,93% NPAT • Amounted to R 2.1 billion • Target of 3% NPAT : R 6 billion • Most contributing sectors: Health and Pharmaceuticals (aggregate: 11,5% NPAT) • Least contributing sector: Manufacturing sector • Analysis to form part of reporting to Advisory Council

  4. CODE 600 : THE GENERIC ENTERPRISE DEVELOPMENT SCORECARD • Enterprise Development Contributions - means monetary or non-monetary contributions carried out for the (Category A and B) beneficiaries, with the objective of contributing to the development, sustainability and financial and operational independence of those beneficiaries: (a) Category A Enterprise Development Contributions involves Enterprise Development Contributions to Exempted Micro- Enterprises or Qualifying Small Enterprises which are 50% black owned or 50% black women owned, Multiplied by 1,25 enhanced recognition (b) Category B Enterprise Development Contributions involves Enterprise Development Contributions to any other Entity that is 50% black owned or black women owned; or 25% black owned or black women owned with a BEE status of between Level One and Level Six Sector Specific Programmes - means Sector Specific Programmes that are recognised on the bases set forth in the sector code governing them

  5. CODE 600 – BENEFIT FACTOR MATRIX

  6. Criteria Weighting Points Compliance Target Average Annual value of all Socio-Economic Development Contributions by the Measured Entity as a percentage of the target 5 1% of NPAT CODE 700 : THE GENERIC SOCIO-ECONOMIC DEVELOPMENT SCORECARD

  7. CODE 700 – BENEFIT FACTOR MATRIX

  8. THANK YOU

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