Socio-Economic Development
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Criteria
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Weighting Points
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Compliance Target
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Average annual value of all Socio-Economic Development Contributions made by the Measured Entity as a percentage of the target.
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5
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1.5%
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Key Principles:
- All Socio-Economic Development spend must be spent on ICT Sector specific initiatives.
- Only contributions done within the measurement period can be considered.
- At least 75% of the beneficiaries need to be valid black South African citizens for the full contribution to be recognised.
NB: For definitions please refer to the Amended codes of Good Practice section.
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