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November 25, 2005
The BEE Scorecard
The main principles of the Scorecard are: BEE ownership targets... 25% by 2006 / 30% by 2009 / 45% by 2014; BEE management targets... 25% by 2006 / 30% by 2009 / 50% by 2014; Employment Equity... 25% by 2006 / 30% by 2009 / 60% by 2014. View the full BEE Scorecard and Transformation Charter on PDF...
Because the development of small business is a Government priority, and the fact that this industry consists of many one or two-person consultancies, the definition of an SMME and the targets have being redefined. SMMEs should be given opportunity for going for a 35% BEE target, instead of 50%. DTI have challenged the industry to define what this industry considers SMME. These are issues that need further clarity on from joint sectors.
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Posted by Bernie at November 25, 2005 1:09 PM
