EAP Formula for Management Control

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• Management Control

  Criteria Weighting Points Compliance Target Board participation: Exercisable voting rights of Black board members as a percentage of all board members 2 50% Exercisable voting rights of Black female board members as a percentage of all board members ...

• EAP Formula for Skills Development

  Please note that the formula below embodies Notice 407 of 2015 (as released in Government Gazette No. 38765 on 6 May 2015) instituting EAP targets in the Revised Codes of Good Practice.

• Management Explained

  The management control element of the B-BBEE Codes is designed to address the lack of suitably qualified Blacks in senior executive leadership and management positions, which drives the actual implementation of operational and strategic decisions of ...

• Ownership Explained

  Direct Ownership Black individuals can hold their rights of ownership in a measured entity either directly or indirectly through a broad range of third-party intermediaries and other equity instruments. Direct equity ownership is generally preferable ...

• Ownership

  Criteria Weighting Points Compliance Target Voting Rights Exercisable Voting Rights in the Entity in the hands of Black people 4 25% + 1 vote Exercisable Voting Rights in the Entity in the hands of Black women 2 10% Economic Interest Economic ...