- The Ownership Element, as set out in Code Series 100, measures effective ownership of entities by Black people.
- The Management Control element, as set out in Code Series 200, measures the effective control of entities by Black people.
- The Skills Development element, as set out in Code Series 300, measures the extent to which employers carry out initiatives designed to develop the competencies of Black employees and Black people internally and externally.
- The Enterprise and Supplier Development element, as set out in Code Series 400, measures the extent to which entities buy goods and services from Empowering Suppliers with strong B-BBEE recognition levels. This element also measures the extent to which enterprises carry out supplier development and enterprise development initiatives intended to assist and accelerate the growth and sustainability of black enterprises.
- The Socio-Economic Development element, as set out in Code Series 500, measures the extent to which entities carry out initiatives that contribute towards Socio-Economic Development or Sector Specific initiatives that promote access to the economy for Black people.
Role of the ETPSI Council
The Sector Charter Council will comprehensively review progress on the implementation of the sector code after five (5) years from the effective date of this sector code or at the review of the Codes of Good Practice, whichever one comes first.
The Event, Technical, and Production Transformation Forum (“ETPTF”) represents all stakeholders in the sector. Hereafter the ETPTF will be constituted as a Charter Council. The mandate of the Charter Council includes:
- To constitute an executive structure with adequate capacity;
- To oversee and monitor the implementation of the sector code;
- To receive, consider, and approve annual enterprise and supplier development B- BBEE reports;
- To issue guidance notes on the interpretation and application of the sector code;
- To prepare annual reports on progress in implementing the sector code.
- To have an increase in the number of Black people who own and control assets in the Industry.
- To define the scope, principles, and framework in which the Industry will be transformed.
- Facilitate partnerships in the industry amongst other stakeholder groups (government, labour, civil society, and business) that will institutionalize transformation of the industry.
- Introduce new players in the entire value chain of the industry and improve the competitiveness and efficiency of the value chain.
- Intensify campaigns aimed at encouraging an increase in the number of especially international events in the country (including in marginalized areas) to grow the industry.
- Compliance with the existing and future codes and legislation concerning transformation.
- Build a strong Industry capable of contributing the National Agenda, to GDP, and to the employment and deployment of skills.
Monitoring and Reporting
a. Each enterprise will submit a B-BBEE report annually to the Charter Council. The report must contain the enterprise’s scorecard, verified by an accredited BEE verification agency, and an account of progress in achieving the qualitative undertakings outlined in the sector code.
b. Council will annually collate information on the implementation of the sector code and compile a report on the status of transformation to be submitted to the Minister of Trade, Industry and Competition.
c. Once the aligned Sector Code is gazetted, the sector code will be binding and enforceable. Any B-BBEE certificate acquired before the gazetting of the Events Technical Production Sector Code will remain valid for 12 months.
ENHANCED RECOGNITION FOR CERTAIN CATEGORIES OF BLACK PEOPLE
Throughout the Codes, various criteria appear that advance the interests of certain categories of Black people. These include:
- Black women should form between 40% and 50% of the beneficiaries of the relevant Elements of the Scorecard;
- Black people with disabilities, Black youth, Black people living in rural areas, and Black unemployed people form part of the beneficiaries of the relevant Elements of the Scorecard.
DURATION OF THE B-BBEE CODES
a. The Code remains in effect until amended, substituted, or repealed under Section 9 of the Act.
b. The Minister may review the Codes at any stage, and regular reviews will take place to monitor the implementation of B-BBEE throughout the economy.
The following table represents the B-BBEE Event, Technical and Production Services Industry B-BBEE Sector Code Scorecard:
The next article will discuss the Scorecard Elements in further detail.
