Liquid Fuels Charter

Effective ownership of enterprises by black people

Encourages the sharing of equity and voting rights with black people and black women

Effective control of enterprises by black people Encourages senior black decision making at executive board and senior top management levels

Equity in the workplace

Encourages companies to identify and recruit black people at professional. middle and lower management positions

Development of competence of black employees Encourages companies to develop talent of black people through the development spend on learning programmes, learnerships and overseas placement

Procurement of goods and services from strong B-BBEE recognition level suppliers

Encourages procurement from BEE compliant companies. Encourages spend on small and micro-enterprises, >50% black owned companies and >30% black women owned companies

Assist and accelerate the development and sustainability of other enterprises. Encourages development or expansion of black small, medium enterprises particularly along the value chain

Promote access to the economy for black people Encourages initiatives intended to directly provide black people with the means of generating income for themselves

Create an enabling environment for transformation Encourages companies to appoint managers who will understand the spirit and background of the charter to create a supportive and enabling environment for business success and drive a process of transformation and a change of culture.