Definition of Indicator Percentage

Definition in terms of the B-BBEE Codes of Good Practice of 11th October 2013 (BEE Codes 2013)


Indicator Percentage

Means the percentage compliance of the Associated Entity for all the indicators of the Associated Enterprises Ownership Scorecard. The calculation of indicator Percentages follows the rules in statement 100 using the actual percentage compliance for each indicator and not the resulting scores;


BizAdvance Consulting comments and references:

Relates to the Ownership element of the scorecard.

Comments are based on the opinion of BizAdvance Consulting and may be subject to different interpretations and opinions by other parties. The comments and references are intended as a guide to readers but it is important that they are read in conjunction with the Codes and other related legislation. Please refer to our Disclaimer Policy.