QSE Scorecard
Encyclopedia
The QSE Scorecard is used to measure Qualifying Small Enterprises
compliance with B-BBEE] in terms of the Broad-Based Black Economic Empowerment Act (53/2003): Codes of Good Practice on Black Economic Empowerment
*Only the Best 4 Elements need to be included in a QSE's scorecard
Qualifying Small Enterprises
A Qualifying Small Enterprise is one of the categories of South African businesses as per the Broad Based Black Economic Empowerment Act. "The Broad-Based Black Economic Empowerment Act : Codes of Good Practice on Black Economic Empowerment" was gazetted on 9 February 2007...
compliance with B-BBEE] in terms of the Broad-Based Black Economic Empowerment Act (53/2003): Codes of Good Practice on Black Economic Empowerment
Legislation
The QSE scorecard is defined in Code 800 of the Broad-Based Black Economic Empowerment Act (53/2003): Codes of Good Practice on Black Economic Empowerment which contains 8 statements numbers 800-807.The Scorecard
Element | Description | Points |
---|---|---|
801 | Ownership Ownership Ownership is the state or fact of exclusive rights and control over property, which may be an object, land/real estate or intellectual property. Ownership involves multiple rights, collectively referred to as title, which may be separated and held by different parties. The concept of ownership has... |
25 |
802 | Management & Control | 25 |
803 | Employment Equity | 25 |
804 | Skills Development | 25 |
805 | Preferential Procurement | 25 |
806 | Enterprise Development | 25 |
807 | Socio-Economic Development | 25 |
*Only the Best 4 Elements need to be included in a QSE's scorecard