Transcription of Construction Sector Broad-Based Black Economic …
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Construction Charter Version 6-Final -26-01-06 Construction Sector Broad-Based Black Economic Empowerment Charter Version 6 (Final) Construction Charter Version 6-Final -26-01-06 Page 2 of 30 INDEX Page1. PREAMBLE 32. THE CHALLENGES FACING THE Construction Sector 43. OBJECTIVES OF THE CHARTER 54. APPLICATION AND REPORTING 75. ELEMENTS OF Broad-Based Black Economic EMPOWERMENT OWNERSHIP CONTROL EMPLOYMENT EQUITY SKILLS DEVELOPMENT PROCUREMENT ENTERPRISE DEVELOPMENT CORPORATE SOCIAL INVESTMENT 156. REGULATORY ISSUES 167. THE SCORECARD 168. DEFINITIONS 21 Construction Charter Version 6-Final -26-01-06 Page 3 of 30 1 PREAMBLE Despite significant progress since the establishment of a democratic government in 1994, South African society is characterised by racially based income and social service inequalities.
Construction Charter Version 6-Final -26-01-06 Page 5 of 30 2.8 Exacerbating this problem is the inadequate investment in skills development across
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