Transcription of GENERIC SCORECARD OWNERSHIP (20) - BBBEE
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GENERIC SCORECARD OWNERSHIP (20) - BBBEE
GENERIC SCORECARD Turnover Applicable: Above R35 million Elements Audited: All seven elements on the SCORECARD Criteria Weighting Target Raw Score Weighted Score OWNERSHIP (20) Voting Rights: Exercisable voting rights in the Enterprise in the hands of black people. 3 25% + 1 vote % Exercisable voting rights in the Enterprise in the hands of black women. 2 10% % Economic Interest: Economic interest of black people in the Enterprise. 4 25% % Economic interest of black women in the Enterprise. 2 10% % Economic interest of the following black natural people in the Enterprise: Black designated groups; Black participants in Employee OWNERSHIP Schemes; Black beneficiaries of Broad-Based OWNERSHIP Schemes; Black participants in Co-operatives.
BEE Procurement Spend from any of the following Suppliers (regardless of their BEE Procurement Recognition Level) as a percentage of Total Measured Procurement
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BBBEE, StdBank BEE Guide, Broad Based Black Economic Empowerment, Broad - Based Black Economic Empowerment, MANAGEMENT SYSTEMS IN BBBEE ACCREDITATION AND, BBBEE VERIFICATION REPORT, BBBEE Verification Agencies Verification of B-BBEE, Act 46 of 2013, Broad-Based Black Economic Empowerment, Contributor