THE CODES OF GOOD PRACTICE FOR BROAD – BASED BLACK

ECONOMIC EMPOWERMENT

ENTERPRISE DEVELOPMENT & SOCIO-ECONOMIC DEVELOPMENT CODE 600 – STATEMENT 600CODE 700 – STATEMENT 700

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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 CODE 600 : THE GENERIC ENTERPRISE DEVELOPMENT SCORECARDDEVELOPMENT SCORECARD

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CODE 600 : THE GENERIC ENTERPRISE CODE 600 : THE GENERIC ENTERPRISE DEVELOPMENT SCORECARDDEVELOPMENT 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

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Enterprise Development ContributionsEnterprise 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 ProgrammesSector Specific Programmes - means Sector Specific Programmes that are recognised on the bases set forth in the sector code governing them

CODE 600 : THE GENERIC ENTERPRISE CODE 600 : THE GENERIC ENTERPRISE DEVELOPMENT SCORECARDDEVELOPMENT SCORECARD

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CODE 600 – BENEFIT FACTOR MATRIXCODE 600 – BENEFIT FACTOR MATRIX

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CODE 700 : THE GENERIC SOCIO-ECONOMIC CODE 700 : THE GENERIC SOCIO-ECONOMIC DEVELOPMENT SCORECARDDEVELOPMENT SCORECARD

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

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CODE 700 – BENEFIT FACTOR MATRIXCODE 700 – BENEFIT FACTOR MATRIX

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THANK THANK YOUYOU