Broad-Based Black Economic Empowerment Codes of Good Practice

Our legislative mandate emanates from the Act, which includes the regulations and the codes. The Minister may from time to time issue notices to clarify or guide the implementation of the Act, and this is done through the Government Gazette.

Sector Codes Gazetted under Section 9 (1)

 Sector Code Effective Date Abstract of the Code Download
Agri-BEE Charter 28 Dec 2012 The Charter aims to support the acceleration of land reform in South Africa by setting a target for equity and land ownership. Landowners are incentivised with bonus points for transferring to black people in excess of the 30% land reform target.

Government Gazette No. 36035

Download

Financial Sector Charter 26 Nov 2012 A key, unique feature of the Financial Sector Code is the introduction of an extra element, bringing the elements to eight in total and not seven as in the Generic Codes. The extra element, known as Access to Financial Services, aims to facilitate access to finance for black people and black-owned enterprises.

Government Gazette No. 35914

Download

Information and Communication Technology Charter 06 June 2012 The ICT sector has set a black ownership target of 30% to be achieved by entities in the sector. The main feature of the charter is a set target of 5% Net Profit After Tax to be spend on enterprise development initiatives that are aimed at growing and developing black owned ICT enterprises.

Government Gazette 35423

Download

Property Sector Charter 01 June 2012 The Sector Code is an industry-agreed empowerment initiative in the Forest Sector and seeks to deal with transformation challenges in Forest Sub-Sectors of commercial primary growth, fibre production, contracting, saw milling, pole and charcoal.  The Forest Sector Code gives bonus points as an incentive for enterprises to achieve the requisite 30% BEE ownership. It further seeks to encourage and support entities to undertake BEE-compliant procurement and job creation initiatives in the secto

Government Gazette 35400

Download

Chartered Accountancy Sector Code 10 May 2011 With this charter, the Chartered Accountancy Profession aims to increase the number of black people, particularly black women entering the profession, to reflect the country's demographic population. Black Chartered Accountants have been identified as possessing critical skills that are in short supply and yet in great demand in South Africa. The Sector aims to achieve 32,5% black ownership target by 2016

Government Gazette 34267

Download Part 1

Part 2

Part 3

Part 4

Integrated Transport Sector Codes 21 August 2009 The Minister of Trade and Industry, Dr Rob Davies (MP) announced the gazetting of the Integrated Transport Sector Codes, in terms of the B-BBEE Act. The Integrated Transport Sector Codes comprise eight (8) sub-sectors, which seek to boost one of South Africa's largest infrastructure and Gross Domestic Product contributors. In alignment with government's national transport action plan, the Codes aim to fast-track the implementation of efficient transportation, freight and logistics sectors within the economy.

One of the main highlights is the achievement of a 35% black-ownership target, within a period of five (5) years, as prescribed by the Bus Commuter Service Sub-Sector Code. Unlike other Sector Codes gazetted earlier this year, the Integrated Transport Sector Codes will be continuously reviewed, at five (5) year intervals, from the date of publication thereof

Government Gazette 32511

Download

Forest Sector Code 12 June 2009 The Sector Code is an industry-agreed empowerment initiative in the Forest Sector and seeks to deal with transformation challenges in Forest Sub-Sectors of commercial primary growth, fibre production, contracting, saw milling, pole and charcoal.The Forest Sector Code gives bonus points as an incentive for enterprises to achieve the requisite 30% BEE ownership. It further seeks to encourage and support entities to undertake BEE-compliant procurement and job creation initiatives in the sector.

Government Gazette 32320

Download Part 1

Part 2

Construction Sector Code 05 June 2009 It presents the industry with the ideal opportunity for the advancement of transformation and BEE in the procurement of construction programmes and services. The Code also seeks to regulate a target of 30% black ownership in the industry over the next 10 years

Government Gazette 32305

Download

Tourism Sector Code 22 May 2009 The highlight of the Tourism Sector Code is that it has a reduced threshold of R2,5 million, as compared to a threshold of R5 million, set out in the Generic Codes. This decrease seeks to ensure that a significant number of enterprises doing business in the tourism industry are not excluded from compliance with the Sector Code.

Government Gazette 32259

Download

Enquiries regarding the above information can be directed to:

Ms Lindiwe Madonsela
B-BBEE Commission
Tel No:  +27 12 394 1941
E-mail: LCMadonsela@beecommission.gov.za

 


 

To read about the B-BBEE Regulations, click here.